Verizon readies 5G fixed residential service launch in 2018

Verizon's first 5G application will be a fixed residential broadband service. The first commercial launch will occur in Sacramento, California during the second half of 2018. Additional markets are also expected to launch in 2018. Verizon did not disclose the performance characteristics of its 5G residential service but said it will provide unprecedented wireless speeds for Internet access. Verizon estimates the market opportunity for initial...

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Nokia denies Juniper acquisition rumor

Nokia denied published rumours of a pending acquisition bid for Juniper Networks. Nokia issued the following statement: "Nokia is not currently in talks with, nor is it preparing an offer for, Juniper Networks related to an acquisition of that company...

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Ribbon Communications takes off -- Sonus + GenBand

Sonus Networks has officially changed its name to Ribbon Communications following its merger with GENBAND. The ticker symbol of the company’s common stock on the Nasdaq Global Select Market is now “RBBN”. “Our new name is not just about connecting point “a” to point “b”. It reflects our strong desire to continue moving the real-time communications industry forward by dramatically improving the communications experience and encompassing the ability...

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Ericsson’s Mobility Report finds 65% year-over-year growth in mobile data traffic

There are two must-read, vendor-led research market reports. The first is Cisco’s Visual Network Index series, including its mobility edition.  The second is the Ericsson Mobility Report, the latest edition of which was released earlier this week. Both companies base their reports on actual data traffic provided by their service provider customers worldwide. Both companies also extrapolate current trends to provide forecasts for several years...

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Sprint adds PoP at key carrier hotel in Denver

Sprint announced the addition of a new Point of Presence (PoP) at 910Telecom in Denver, Colorado.  Sprint can now provide access to Global MPLS and Dedicate IP customers at up to 100G at 910Telecom. Sprint said the deployment is part of its strategy to expand in major carrier hotels to broaden its network and provide access at the lowest cost. “910Telecom is the most well connected data center in the Denver area and was one of our high-priority...

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Microsemi acquires Vectron's timing business

Microsemi has acquired the high-performance timing business of Vectron International, a Knowles company, for $130 million, excluding working capital adjustments. Vectron specializes in frequency control, sensor and hybrid solutions using the very latest techniques in both bulk acoustic wave (BAW) and surface acoustic wave (SAW)-based designs from DC to microwave frequencies. Products include crystals and crystal oscillators; frequency translators;...

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Box posts Q3 revenue of $129 million, up 26% yoy

Box reported Q3 revenue of $129.3 million, an increase of 26% from the third quarter of fiscal 2017. Deferred revenue as of October 31, 2017, was $253.0 million, an increase of 31% from October 31, 2016. The GAAP net loss per share, basic and diluted, in the third quarter of fiscal 2018 was $0.32 on 135 million shares outstanding, compared to a GAAP net loss per share of $0.30 in the third quarter of fiscal 2017 on 128 million shares outstanding. Box's...

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