Wednesday, February 13, 2019

Google commits $13 billion to U.S. data centers and offices in '19

Google plans to invest $13 billion throughout 2019 in data centers and offices across the U.S., with major expansions in 14 states. This follows $9 billion invested in 2018 in data centers and office facilities. For 2019, the investments will include data centers and offices across the U.S., with major expansions in 14 states. In a blog post, Google CEO Sundar Pichai notes that Google is: expanding its presence in Chicago. developing new data...

Cisco posts 7% YoY growth, increases dividend and stock buyback

Cisco reported quarterly revenue of $12.4 billion for the period ending 20-January-2019,  7% year over year (normalized to exclude the divested SPVSS business for Q2 FY 2018). GAAP net income was $2.8 billion or $0.63 per share, and non-GAAP net income of $3.3 billion or $0.73 per share. For Cisco, growth has picked up in EMEA. The enterprise and public sectors are doing well, while the Service Provider segment is the only one currently contracting. Revenue...

Equinix sees record bookings for its 200 global data centers

Equinix reported 2018 annual revenues of $5.072 billion, an increase of 16% year-over-year; 9% growth on a normalized and constant currency basis. Net income amounted to $365 million, a 57% increase over the previous year. Some highlights: Achieved record global gross and net bookings in the 4th quarter Equinix has 36 expansion projects underway and has entered Hamburg, Muscat and Seoul as new markets Strong bookings across all three regions (Americas,...

CenturyLink cuts dividend and increases CAPEX

CenturyLink reported revenue of $5.78 billion for the fourth quarter of 2018, compared to $6.01 billion for the fourth quarter of 2017 on a pro forma basis. Diluted loss per share was ($2.26) for the fourth quarter of 2018, compared to diluted earnings per share of $1.06 for pro forma fourth quarter 2017. There was a non-cash goodwill impairment charge for the consumer business of $2.726 billion in the fourth quarter of 2018. In addition, CenturyLink's...

Telefónica picks Ixia for Global Network Visibility Architecture

Telefónica has selected visibility solutions from Ixia for monitoring their physical and virtual networks worldwide. Ixia’s visibility solutions deployed by Telefónica include: Ixia’s Network Packet Brokers (NPBs), which deliver intelligent, sophisticated and programmable network flow optimization and provide visibility and security of business assets enabling monitoring teams to quickly resolve application performance bottlenecks, troubleshoot...

Mexico's GTAC deploys Infinera for nationwide backbone

Grupo de Telecomunicaciones de Alta Capacidad (GTAC) has deployed the Infinera mTera universal switching and transport solution to scale long-haul service capacity and increase efficiency in its nationwide fiber backbone. The mTera deployment interconnects major cities across Mexico, including Mexico City, Estado de México, Guadalajara, Puebla, Hermosillo, Queretaro and Ciudad Juarez, among others. Working with the Infinera global services organization,...

Intel demos 112G PAM-4 Transceiver I/O

Intel posted a new video demonstrating 112G PAM-4 I/O performance with a transceiver built with its "Falcon Mesa" 10nm FPGAs. The 112 Gbps serial transceiver is targeted at next-generation data center, enterprise, and networking environments. https://www.intel.com/content/www/us/en/architecture-and-technology/programmable/next-gen-10nm-technology/overview.html...

Sierra Wireless Q4 revenues rise 10% YoY

Sierra Wireless reported Q4 2018 revenue of $201.4 million, an increase of 9.7% compared to $183.5 million in the fourth quarter of 2017. Product revenue was $178.2 million, up 5.3% year-over-year, and Services and other revenue was $23.2 million, up 63.0% compared to the fourth quarter of 2017. Net loss was $3.8 million, or $0.11 per diluted share, in the fourth quarter of 2018 compared to net loss of $3.5 million, or $0.11 per diluted share, in...