Verizon: Revenue Down 4.5%, LTE Traffic up 57%

Verizon reported consolidated Q1 revenue of $29.8 billion, a 7.3 percent decrease compared with first-quarter 2016, but down 4.5 percent on a comparable basis excluding divestitures and acquisitions in the period. Net income was $3.6 billion in first-quarter 2017, and EBITDA (non-GAAP, earnings before interest, taxes, depreciation and amortization) totaled $11.2 billion. Consolidated operating income margin was 24.1 percent. Earnings per share (EPS)...

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HK-G Submarine Cable to Offer 48Tbps Capacity

Construction has commenced on a new Hong Kong - Guam Cable system (HK-G) that will offer 48 Tbps of design capacity when it comes into service in late 2019. The 3,900 kilometer undersea cable, which features 100G optical transmission capabilities, is being built by RTI Connectivity Pte. Ltd. (RTI-C) and NEC Corporation with capital from the Fund Corporation for the Overseas Development of Japan's ICT and Postal Services Inc. (Japan ICT Fund), along...

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NTT and Telkom Indonesia Launch Telecom Innovation Initiative

NTT and PT Telkom Indonesia (Persero) announced the launch of the APAC Telecom Innovation Initiative (ATII), a joint research and development initiative intended to support the development of new network services for the Asia Pacific region leveraging virtual infrastructure technologies. The new joint initiative will focus on establishing technical studies and proof of concepts (PoCs) targeting the requirements for new network services with the...

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Monthly update on the Indian telecommunications market - Part 1

Full article: Part 1, Part 2 , Part 3, Part 4 Preamble  The Indian telecommunications market continues to go through tremendous changes which, though occurring in parallel with have been largely independent of, were already happening well before the more general national level social and economic changes instigated (or accelerated) by the reformist government of Narendra Modi. According to data assembled by the World Bank,...

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Globecomm Deploys Ciena Packet-optical Networking

Ciena announced that Globecomm, based in Hauppauge, New York, a global connectivity solutions provider, has deployed its converged packet-optical and packet networking solutions to address increasing content distribution requirements for applications including video for the news industry, disaster recovery for armed forces and connectivity for ships worldwide. The upgraded network is designed to enable Globecomm to cost-effectively increase the...

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ADTRAN Reports Q1 Revenue of $170.28m, up 18.7%

ADTRAN reported financial results for the first quarter ended March 31, 2017, as follows: 1. Revenue for the first quarter of 2017 of $170.28 million, up 4.5% compared to $162.99 million in the fourth quarter and up 19.7% from $142.20 million for the first quarter of 2016. 2. Gross profit for the first quarter of $73.71 million, up 4.1% compared to $70.79 million in the fourth quarter and up 12.0% from $65.79 million for the first quarter of 2016. 3....

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Big Switch enhances Big Cloud Fabric

Big Switch Networks, a supplier of next-generation data centre networking solutions, announced it has extended Big Cloud Fabric (BCF) container networking support to VMware vSphere integrated containers, building on the previously introduced multi-container networking support for Mesosphere DC/OS and Kubernetes container orchestration platforms, including Red Hat OpenShift container platform. Big Switch noted that as demand for container technology...

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Criterion Offers Support for CORD

Criterion Networks, a network transformation and solution integration company with a focus on supporting the adoption of SDN, NFV and the cloud, announced the availability of the Mysterious-Decision release of CORD (Central Office Re-architected as a Datacenter) on the Criterion SDCloud platform. Criterion Networks stated that as enterprises and service providers move towards SDN/NFV deployment, it can provide an on-demand SDN/NFV solution environment....

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Media Commerce Deploys ECI for Optical Network in Colombia

ECI, the Elastic Network company, announced that in partnership with Media Commerce based in Bogota, the largest operator of optical network infrastructure in Colombia, it has completed the deployment of packet-optical metro and aggregation networks nationwide. Media Commerce of Colombia, founded around ten years ago, has subsequently expanded through both the acquisition of local operations and building out networks for operators. The company also...

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Huawei's Target of $150bn revenue by 2020 - Part 3

Huawei unique in being a world leader in professional and consumer electronics Huawei is currently unique, in the world, at least for a company of its size, in being amongst the leaders in both professional electronics equipment and also in consumer devices. Ericsson tried stubbornly for many years to pull off the same trick but failed utterly and still bears the scars and arguably its present woes stem largely from that lengthy, expensive and futile...

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