LightCounting: Optical components forecast
The transceiver market is on track for another year of strong (14%) revenue growth in 2022, after increasing by 10% in 2021, and 17% in 2020, according to an updated...
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T-Mobile US adds 394K postpaid accounts in Q3, raises guidance
T-Mobile US announced additions of 394,00 postpaid net account additions in Q3 2022, a new record for the company. Postpaid phone churn was a low of 0.88%. The company also...
Versa secures $120 million for its SASE platform
Versa Networks secured additional financing of $120 million for its single-vendor SASE platform, which delivers AI/ML-powered SSE and SD-WAN. The pre-IPO round was led by funds and accounts managed by BlackRock,...
Stonepeak takes 36% in American Tower’s U.S. data centers
Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, invested an additional $570.0 million, which, together with its initial $2.5 billion investment in August 2022, on a...
XL Axiata signs Huawei for “5G City” project
XL Axiata signed a collaboration agreement with Huawei to develop "5G City", with the aim to realize a smart city through 5G networks, predict the evolution of technology, operate network...
Comcast’s Xfinity Mobile reaches 5 million after 5 years
Comcast's Xfinity Mobile MVNO service has surpassed five million customer lines after five years on the market“We set out to build a different kind of mobile service designed for the...
Aviat wins E-ban radio contract with Bharti Airtel
Bharti Airtel has contracted Aviat Networksfor wireless multiband radio solutions.Airtel will deploy Aviat's all outdoor WTM 4800 E-Band and Multi-Band solutions to significantly expand the capacity of their microwave backhaul...
Meta reports drop in revenue and profits as CAPEX soars
Meta reported a drop in Q3 revenue and profitability along with rapidly rising capital expediture costs as it invests in infrastructure and metaverse development.Third Quarter 2022 Operational HighlightsFamily daily active...
OIF appoints Board of Directors
OIF announced its newly elected Board of Directors and Officers. TBoard of Directors: Ian Betty, Ciena, was elected to the Board (two-year term)Jeff Hutchins, Ranovus, was re-elected to the Board (one-year...
Aliro introduces end-to-end entanglement-based Quantum Network
Aliro Quantum, a quantum networking start-up that spun out of NarangLab at Harvard University, introduced its end-to-end entanglement-based Quantum Network solution. AliroNet is hardware vendor agnostic and is licensed in three...
China’s State Grid Corp extends optical transport contract with Nokia
China State Grid Corp. (SGCC), which is the world’s largest power utility, will deploy Nokia’s optical technology across Hubei, Hunan and Jiangxi provinces, creating a world-class OTN backbone with the...
NETGEAR’s Q3 sales drop 14% yoy to $249.6 million
NETGEAR reported Q3 2022 net revenue of $249.6 million, a decrease of 14.0% from the comparable prior year quarter. Third quarter 2022 GAAP net income per diluted share of $0.10,...
Ribbon sees strength in IP Optical Networks sales
Ribbon Communications reported Q3 revenue of $207 million, compared to $210 million for the third quarter of 2021 and $206 million for the second quarter of 2022. Product and service...
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