Huawei's First Half Sales Hit CNY245.5 billion, up 40% YoY

Huawei reported sales revenue for the first half of 2016 of CNY245.5 billion (US$36.75 billion), an increase of 40% comparing with the same period last year. The company's operating margin was 12%. "We achieved steady growth across all three of our business groups, thanks to a well-balanced global presence and an unwavering focus on our pipe strategy," said Sabrina Meng, Huawei's Chief Financial Officer. "We are confident that Huawei will maintain...

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Hans Vestberg is Out as CEO of Ericsson

Hans Vestberg has stepped down as President and CEO and member of Ericsson's Board of Directors. Jan Frykhammar, Executive Vice President and CFO, will assume the CEO position until a new CEO is in office. The resignation comes under pressure from the company's Board of Directors, which issued a statement saying that new leadership is required to address changing market conditions and "drive the next phase of Ericsson's development."  As...

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MEF's Open Connectivity Services Packet WAN Use Case Led by Cisco. Amartus

MEF is undertaking a new OpenCS (Open Connectivity Services) Packet WAN Use Case that as part of MEF’s Open Initiative to accelerate the industry transition to agile, assured, and orchestrated Third Network services. The OpenCS Packet WAN use case, which is led by Cisco and Amartus, will deliver a multi-vendor enabled reference design that includes the Presto NRP API using an OpenDaylight (ODL) SDN controller as a platform. In addition, the project...

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Crehan: Steeper Price Declines for Ethernet Networking Bandwidth

Much steeper server-class Ethernet networking price declines will result in a significant increase in bandwidth deployed, enabling the next phase of cloud services, according to most recent Server-Class Adapter & LAN-on-Motherboard (LOM) Long-Range Forecast Report from Crehan Research Inc. The firm forecasts that the dollar-per-gigabit cost of server-class Ethernet networking bandwidth will fall to less than one-fifth of its current level within...

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Nokia to provide Tele2 with Cloud Packet Core

Tele2 has selected Nokia's Cloud Packet Core solution for deployment across its international network, first in Croatia and followed by Sweden, the Baltic states, Austria, the Netherlands and Kazakhstan. The new generation mobile network will give Tele2 the flexibility, scale and performance necessary to support LTE consumer services on a larger scale, and further develop the foundation for 5G. Nokia will deliver its full Cloud Packet Core solution...

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Singapore's StarHub Triple Upload Speed with Carrier Aggregation + 64 QAM

Singapore's StarHub completed a trial with Nokia that implmented carrier aggregation in the 1800MHz and 2600MHz bands and the 64 quadrature amplitude modulation (QAM) technique to triple the upload speed over its LTE network.  The companies reported peak upload speeds of 150 Mbps. StarHub plans to introduce the technology commercially in the Marina Bay and Orchard areas of Singapore in time for the city state's year-end celebrations, allowing...

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Verizon Confirms $4.8 Billion Acquisition of Yahoo

Verizon confirmed a deal to acquire Yahoo for $4.8 billion in cash. The deal does not include Yahoo’s cash, its shares in Alibaba Group Holdings, its shares in Yahoo Japan, Yahoo’s convertible notes, certain minority investments, and Yahoo’s non-core patents (called the Excalibur portfolio). Yahoo will remain a registered, publicly traded investment company holding these assets, and will change its name once the deal closes. Yahoo, which was founded...

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ADVA Expands its NFV Ensemble Harmony Ecosystem

ADVA Optical Networking announced ten new members of its network functions virtualization (NFV) Ensemble Harmony Ecosystem: Advantech, ASTRI, Check Point Software Technologies, Introspective Networks, LightRiver Technologies, Mirantis, Riverbed Technology, Versa Networks, and Walker and Associates. ADVA said its Ensemble Harmony Ecosystem enables more than 30 partners to collaborate on solutions spanning 14 categories of VNFs. “The Ensemble Harmony...

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