Cisco posts $12.1 billion in revenue, cash pile grows to $71.6 billion

Cisco reported total revenue of $12.1 billion for the first quarter of its fiscal 2018, down 2%, with product revenue down 3% and service revenue up 1%. Net income GAAP was $2.4 billion or $0.48 per share, and non-GAAP net income of $3.0 billion or $0.61 per share. "Our results in Q1 demonstrate the continued progress we're making on our strategy," said Chuck Robbins, CEO of Cisco. Some highlights for the quarter 2% of total revenue was from...

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EE hits 2.8 Gbps downlink speeds in 5G tests with Huawei

EE, in partnership with Huawei, demonstrated peak downlink speeds of 2.8 Gbps in a test of an end-to-end 5G test network in its UK mobile lab. The set-up tested an active antenna unit with 64x64 Massive multiple-input and multiple-output (MIMO) broadcasting 5G New Radio over 3.5GHz test spectrum. A proof-of-concept Huawei 5G baseband unit delivered consistent 2.8Gbps speeds and sub 5ms latency were delivered end-to-end, rather than just across the...

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Facebook to triple the size of its Los Lunas data center

Roughly one year after it announced plans to build one of its hyperscale data centers in Los Lunas, New Mexico, Facebook announced plans to triple down on its project. Currently, phase one of Facebook's data center is under construction. This includes two buildings and an admin space, totaling 970,000 square feet. Facebook now plans to build an additional four buildings on the site, creating a six-building data center campus.The four additional...

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Cisco launches $1 billion City Infrastructure Financing Program.

Cisco is launching a $1 billion City Infrastructure Financing Acceleration Program to help municipalities around the world to adopt smart city technologies. The funding will be provided through Cisco Capital in partnership with private equity firm Digital Alpha Advisors and pension fund investors APG Asset Management (APG) and Whitehelm Capital.  “Funding is a major stumbling block for municipalities beginning their smart city transformation,”...

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CenturyLink and Infinera deliver 2.8 Tbps to SC17

CenturyLink and Infinera partnered to deliver multi-terabit connectivity to this week's SC17, the International Conference for High Performance Computing, Networking, Storage and Analysis, at the Colorado Convention Center in Denver. Specifically, CenturyLink and Infinera are providing 2.8 terabits per second of capacity between SC17 and research networks around the world, leveraging the CenturyLink core network. CenturyLink operates a robust,...

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Panama's Cable Onda deploys Coriant's packet optical

Cable Onda, a leading television service provider in Panama, is deploying Coriant's packet optical transport technology to upgrade its DWDM backbone infrastructure. The deployment uses the Coriant 7100 Nano Packet Optical Transport Platform, which offers advanced networking features, including Reconfigurable Optical Add/Drop Multiplexing (ROADM) and dynamic photonic switching. Coriant said its 7100 Nano enables Cable Onda to cost-efficiently address...

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HPE and Rackspace partner on OpenStack Private Cloud

Hewlett Packard Enterprise and Rackspace have partnered to offer an OpenStack Private Cloud managed service. The companies said their Private cloud will offer benefits of a public cloud - cloud-like utility pricing, elastic infrastructure and simplified IT – in the enterprises' own data center, a colocation facility or a datacenter managed by Rackspace.                            ...

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Versa's SD-WAN brings support for Unified Communications

Versa Networks, which specializes in software-based networking and security solutions, has expanded its Versa Cloud IP Platform with embedded voice and video codec support to provide native mean opinion score (MOS)-based traffic engineering and reporting for unified communications (UC) services (voice and video). The problem with most SD-WAN solutions is that they can only identify voice or video packets and abide by a policy defined by loss,...

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AT&T suffers outage

Some of AT&T's U.S. customers experience a network outage. Reported problems involved mobile and well as Internet service. AT&T's customer care department advised users to restart their phones to resolve the problem. ...

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