Wednesday, February 14, 2018

Cisco returns to growth, announces $25 billion stock repurchase plan

Cisco reported revenue of $11.9 billion for its second quarter of fiscal 2018, net loss on a generally accepted accounting principles (GAAP) basis of $(8.8) billion or $(1.78) per share, and non-GAAP net income of $3.1 billion or $0.63 per share. Due to the recently passed tax reform legislation, Cisco took a $11.1 billion charge. Cisco has declared a quarterly dividend of $0.33 per common share, a 4-cent increase or up 14% over the previous quarter’s...

Equinix to acquire iconic Infomart Dallas colo data center for $800m

Equinix has agreed to acquire the Infomart Dallas data center, including its operations and tenants, from ASB Real Estate Investments for $800 million. The iconic Infomart building, which is located at 1950 N. Stemmons Freeway in Dallas, is one of the largest interconnection hubs in the U.S. and one of the largest buildings in Texas at 1.6 million square feet (147,094.2 m2) over 7 floors.Infomart is currently home to four of eight Equinix Dallas...

Qualcomm pushes LTE to 2 Gbps with 7nm Snapdragon X24 Modem

by James E. Carroll Qualcomm introduced an LTE modem supporting up to 2 Gbps download speeds, pushing 4G to new performance levels. The Qualcomm Snapdragon X24 LTE modem is the industry's first-announced chip built on a 7 nanometer FinFET process. It is also Qualcomm's eighth generation LTE multimode modem and third generation Gigabit LTE solution and the world’s first commercially announced Category 20 LTE modem. The Qualcomm Snapdragon X24 LTE...

Qualcomm debuts Wireless Edge Services for enterprise and IoT security

Qualcomm is introducing a set of trusted software services rooted in its chipset architecture and designed to meet the requirements of new enterprise and industrial IoT customers to securely provision, connect and manage long life-cycles of billions of intelligent wireless devices through their cloud platforms. The idea with Qualcomm wireless edge services software is to provide predictability and security throughout a device's entire lifecycle....

Equinix hits 2017 sales grow rate of 21%

Equinix reported Q4 2017 revenue of $1.200 billion, up 27% over the same period last year. Full-year 2017 revenues amounted to $4.368 billion, a 21% increase over the previous year, including $359 million of revenues from the acquisition of 29 Verizon data centers. Net income for the full year was $233 million. "In addition to strong financial performance, Equinix achieved a number of significant milestones around interconnection, innovation and...

Ciena brings enhancements for 5G

Ciena announced a series of enhancements to its product set to help operators scale their current 4G networks, while simultaneously preparing for the impending evolution toward 5G. Ciena said its 5G Network Solutions are designed to provide scale and automation. The solutions are composed of Ciena’s Converged Packet Optical (6500 and Waveserver) and Packet Networking (3900 family, 5100 family, 8700 Packetwave) platforms – as well as new products...

Huawei launches urban 5G “Wireless to the Home” CPE trial with TELUS

Huawei launched an end-to-end user trial for “Wireless to the Home” (WTTx) 5G service using a specially-designed 5G CPE (Customer Premise Equipment) unit in downtown Vancouver.. The trial is being conducted as a “5G Living Lab” in collaboration with TELUS. Initially, the 5G fixed service is being delivered to the home of TELUS employees. In addition to the unique 5G in-home equipment, the network utilizes the 5G gNodeB and related elements built...

CommScope expands its portfolio of 4xMIMO antennas

CommScope introduced new antenna models that support 4xMIMO (4T4R multiple input/multiple output), advanced modulation and carrier aggregation of unlicensed frequency bands. Late last year, CommScope introduced a 4xMIMO, ultra-wideband antenna for the 1400 MHz–2700 MHz range.  The company has also released an extensive antenna portfolio for FirstNet operating in the 700 MHz band. The company continues to add antennas to its portfolio that support...

U.S. Intelligence officials warn against Huawei and ZTE

In testimony before the U.S. Senate Select Committee on Intelligence, five senior national security officials from the CIA, NSA, DIA, FBI, and NGA each said the equipment and services from ZTE pose a significant risk to government users and to U.S. national interests. The testimony centered on the questions of values, of proximity to the Chinese government, and of establishing positions of power in the market rather than on technical merits or specific...

Will mobile networks be ready for Waymo's driverless ride-hailing service?

by James E. Carroll Fiat Chrysler Automobiles (FCA) has confirmed an order for several thousand of the Pacifica Hybrid minivans to be delivered to Waymo, the autonomous car subsidiary of Alphabet (Google's parent company) this calendar year for deployment in several U.S. cities. Although the actual size of the order was not disclosed, it is believed to be between 3,000 and 10,000 autonomous vehicles. You may have already seen driveless Waymo minivans...