Qualcomm builds up 5G momentum with design wins, trials

The major pieces are falling into place for the wide-scale rollout of 5G networks beginning in 2019. according to Qualcomm executives at a media event in San Diego ahead of the upcoming Mobile World Congress. For the 5G launch to be successful, all of the following would have to be commercially ready: we standards, silicon, network infrastructure deployment, available spectrum, a choice of consumer devices, and viable use cases sustained by business...

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Qualcomm rejects Broadcom's latest offer

The Board of Directors of Qualcomm unanimously rejected the latest bid from Broadcom posted -5-February-2018, saying the offer of $82.00 per share ($60.00 in cash and $22.00 in Broadcom stock) significantly undervalues the company and poses regulatory risks. In an open letter to Mr. Hock Tan, Broadcom's CEO, the directors of Qualcomm point out that the offer "ascribes no value to our accretive NXP acquisition, no value for the expected resolution...

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AT&T commits to 520 MW of wind power

AT&T announced one of the largest corporate purchases of renewal energy in the U.S. to date.  The carrier agreed to purchase 520 megawatts (MW) of wind power through 2 agreements with subsidiaries of NextEra Energy Resources: 220 MW of power will come from the Minco V Wind Farm located in Caddo County, Oklahoma.  300 MW will come from a wind farm in Webb and Duval Counties in Texas.  AT&T also announced its commitment...

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T-Mobile U.S. revenues up 8.3% to $30.2 billion in 2017

T-Mobile U.S. revenues in Q4 2017 rose 5.1% to $10.8 billion. For full year 2017, revenues were up 8.3% to $40.6 billion. Net income was $2.7 billion and $4.5 billion in Q4 2017 and 2017, respectively Diluted earnings per share ("EPS") of $3.11 and $5.20 in Q4 2017 and 2017, respectively. Some key metrics: 1.9 million total net additions in Q4 2017 - 5.7 million in 2017 1.1 million total branded postpaid net additions in Q4 2017 - 3.6 million...

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CoreSite's data center business continues to grow, up 14% in Q4

CoreSite Realty reported Q4 2017 revenue of $125.9 million, representing a 14.0% increase year over year. Reported fourth-quarter net income per diluted share of $0.44, consistent with the prior-year level. During Q4, CoreSite executed 128 new and expansion data center leases comprising 41,521 net rentable square feet (NRSF), representing $7.2 million of annualized GAAP rent at an average rate of $174 per square foot. The company also commenced...

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Interoute delivers SD-WAN for Thule

Thule Group, a leading sports and outdoor goods company, has selected Interoute to deliver an SD-WAN connecting 30 of its sites in 14 countries.  Thule is implementing an Enterprise Digital Platform to support its growth and digital evolution. By prioritising and optimising essential data traffic at the edge of the network and actively directing it along the most efficient lowest latency routes, Interoute Edge SD-WAN will optimise data flows...

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Former Time Warner Cable exec to head Google Fiber

Dinesh (Dinni) Jain has been appointed CEO of Access, the new name for the Google Fiber and Webpass business. Jain most recently served as Chief Operating Officer of Time Warner Cabl...

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Sierra Wireless posts Q4 revenue of $183.5 million up 13%

Sierra Wireless reported Q4 2017 revenue of $183.5 million, an increase of 12.6% compared to $163.0 million in the fourth quarter of 2016. Revenue from OEM Solutions was $139.8 million in the fourth quarter of 2017, up 3.4% compared to $135.2 million in the fourth quarter of 2016. Revenue from Enterprise Solutions was $31.8 million in the fourth quarter of 2017, up 52.0% compared to $21.0 million in the fourth quarter of 2016. Revenue from IoT Services...

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New market highs for semiconductor sales

The first financial reports of 2018 from semiconductor conductor companies have started to arrive. Intel reported very strong results for the fourth quarter of 2017, as did Microsemi (see below). The figures are encouraging for the networking and telecommunications businesses as well given that nearly every system-on-chip solution ends up in a device that is network connected. The more end-user devices, the more nodes on the network, and the data...

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