Thursday, June 21, 2018

IDC: Cloud infrastructure sales soared at 45% rate in Q1

Venndor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud, grew 45.5% year over year in the first quarter of 2018 (1Q18), reaching $12.9 billion, according to IDC's Worldwide Quarterly Cloud IT Infrastructure Tracker. "Hyperscaler datacenter expansion and refresh continued to drive overall cloud IT infrastructure growth in the first quarter," said Kuba Stolarski,...

Altice forms tower infrastructure companies in France and Portugal

Altice Europe will sell off equity stakes in its tower infrastructure business in France an Portugal for EUR 2.5 billion in cash. The idea is to form two tower companies offering passive infrastructure and equipment in France and Portugal. Services will be available to all mobile network operators. Altice France and PT Portugal will enter into 20-year master agreements with these new infrastructure companies. Altice said the deal will help it to...

Nokia outsources its own IT management to HCL

Nokia awarded a 5-year contract to HCL Technologies for outsourced IT management services. HCL will transform and modernize Nokia's IT infrastructure & applications landscape. Specifically, HCL will transition services from four incumbent vendors to establish an integrated IT services delivery & design framework and will implement a transformation roadmap. The deal is intended to help Nokia drive operational efficiencies in line with previously...

MTN South Africa demos 1.6Gbps in 100MHz TDD with 5ms latency

MTN South Africa, in partnership with Ericsson, demonstrated a 5G to a moving vehicle at the Gerotek testing facility in Pretoria. The test used 100MHz of spectrum in the 28GHz band to achieve more than 1.6Gbps and less than 5ms latency on the connection. The vehicle had a full obscured windscreen, requiring the driver to navigate the track using the live feed from a 4K video camera to his VR headset. The solution demonstrated, consisted of 4...

EKINOPS cites growth in FlexRate 100G + 200G modules

EKINOPS reported strong sales momentum its FlexRate solutions that provide 100 Gbps and 200 Gbps services in the same compact module. The company cited double-digit growth for these next-generation service modules over four successive quarters since they were first delivered to customers in 2017. EKINOPS said the modules have been installed in over 15 new customer networks in just nine months. “While we knew we had the right solution when we came...

Intelsat demos 8K video transmission from Russia to Brazil

Intelsat is partnering with with Globo, one of the largest broadcasters in Latin America, to demonstrate live 8K video transmissions in Brazil for the 2018 World Cup. The World Cup video is being shown at Rio's innovative science museum, the Museu de Amanhã at a resolution of 7680 x 4320 pixels. The 8K signal will be transmitted as a 200 Mbps video stream at the International Broadcast Center in Moscow and transported to Tokyo. It will then be...

FirstNet enrolls first 1,000 Public Safety Agencies

More than 1,000 public safety agencies across 52 states and territories have joined FirstNet, nearly doubling the network’s adoption since April. FirstNet is the nationwide public safety communications platform dedicated to America’s first responders which is built with AT&T in a public-private partnership. “First responders across the country are saying ‘yes’ to THEIR network,” said Chris Sambar, senior vice president, AT&T-FirstNet. “We...

Red Hat announces revenues of $814M, up 20%, $1B buyback

Red Hat reported revenue of $814 million for the first quarter of its fiscal year 2019 ended May 31, 2018, up 20% in USD year-over-year, or 17% measured in constant currency. Subscription revenue for the quarter was $712 million, up 19% in USD year-over-year, or 16% measured in constant currency. Subscription revenue in the quarter was 87% of total revenue. Subscription revenue from Infrastructure-related offerings for the quarter was $522 million,...

Krzanich resigns as Intel CEO due to inappropriate relationship

Brian Krzanich resigned as Intel's CEO and as a member of its board of directors because of a past consensual relationship with an Intel employee. Intel said it was recently informed of the relationship and that an investigation by internal and external counsel confirmed a violation of Intel’s non-fraternization policy. Intel's board named Chief Financial Officer Robert Swan as interim CEO, effective immediately. Intel was recently informed that...

Frontier loses its CFO

Frontier Communications announced that R. Perley McBride, its Executive Vice President and Chief Financial Officer, will be resigning from the company for personal reasons. A search for his successor is underway. Frontier’s President and Chief Executive Officer Daniel J. McCarthy stated, “We announce Perley’s resignation with regret. He has been a major contributor to our company during pivotal times. In particular, Perley has done a tremendous...