Tuesday, April 23, 2019

China Unicom post flat revenue, 323 million mobile subscribers

China Unicom reported Q1 2019 service revenue of RMB 66,802 million, up by 0.3% year-on-year. EBITDA amounted to RMB 25,012 million, up by 4.6% year-on-year. In the first quarter of 2019, mobile billing subscribers registered a net addition of 8.10 million, reaching a total of 323 million. Within that, 4G subscribers registered a net addition of 10.52 million, reaching a total of 230 million. Due to the cancellation of mobile data “roaming” fees...

Google's Curie subsea cable lands in Valparaiso, Chile

Google's subsea cable along the west coast of the Americas made landfall in Valparaiso, Chile. The Curie Submarine Cable will be a four fiber-pair subsea system spanning over 10,000 km from Los Angeles to Valparaiso. It will include a branching unit for future connectivity to Panama. Subcom is the lead contractor. The project is believed to be the first subsea cable to land in Chile in 20 years. Chris Carobene, vice president of marine services...

Verizon posts rising earnings, fewer wireless subscribers

Verizon reported Q1 2019 revenue of$32.1 billion, up 1.1 percent from first-quarter 2018, primarily driven by strong wireless service revenue growth. Verizon reported EPS of $1.22, compared with $1.11 in first-quarter 2018. On an adjusted basis (non-GAAP), first-quarter 2019 EPS was $1.20, excluding a special item, compared with adjusted EPS of $1.17 in first-quarter 2018. “Verizon began 2019 by extending our leadership position in 4G, driving innovation...

Verizon to offer YouTube TV

Verizon and Google announced a content partnership to offer YouTube TV to Verizon customers nationwide on whatever platform they choose. YouTube TV offers cable-free live TV that can be watched on any screen (phone, tablet, TV, computer) and includes over 70 networks such as ABC, CBS, FOX and NBC plus popular cable networks like HGTV, Food Network, TNT, TBS, CNN, ESPN, FX and on-demand programming. A YouTube TV membership includes six accounts per...

IEEE publishes three amendments to 802.3

Three standard amendments to IEEE 802.3 have been released: IEEE 802.3cb-2018—IEEE Standard for Ethernet—Amendment 1: Physical Layer Specifications and Management Parameters for 2.5 Gb/s and 5 Gb/s Operation over Backplane. IEEE 802.3bt-2018—IEEE Standard for Ethernet Amendment 2: Physical Layer and Management Parameters for Power over Ethernet over 4 pairs. IEEE 802.3cd-2018—IEEE Standard for Ethernet—Amendment 3: Media Access Control Parameters...

Indonesia's Axiata expands with Infinera

XL Axiata is expanding its South Sumatra terrestrial network and its Singapore-to-Jakarta subsea network via B2JS (Jakarta-Bangka-Batam-Singapore) with the Infinera XTC platform, leveraging Infinera’s Infinite Capacity Engine (ICE4). XL Axiata is one of Indonesia’s leading telecommunication service providers, offering an array of innovative products and services, ranging from voice, SMS and value-added services to mobile data, covering more than...

Ford signs multiyear car connectivity deal with AWS

Ford Motor Company and Autonomic have signed a multi-year, global agreement with Amazon Web Services (AWS) for cloud connectivity services and connected car application development services for the transportation industry. Autonomic is developing a Transportation Mobility Cloud (TMC) powered by AWS that will become the standard connected car solution for Ford vehicles. The solution will use the breadth and depth of AWS’ portfolio of services, including...

Nokia opens 5G virtual reality test lab

Nokia has developed 5G virtual testing environment that simulates massive MIMO antenna beamforming performance.  The new 5G VR test is located in Nokia's over-the-air validation area in Oulu, Finland. Nokia said its 5G test lab combines a unique physical over-the-air test environment with virtual reality (VR) to test and verify the optimal site locations of the antennas for operators. Using Nokia's patent-pending approach, the test lab simulates...

AT&T to sell WarnerMedia offices in NYC to reduce debt

AT&T will sell office space owned by WarnerMedia at 30 Hudson Yards in New York City for approximately $2.2 billion. AT&T said it will use proceeds from this transaction, along with additional planned sales of non-core assets, to reduce its debt...

ON Semiconductor acquires 300nm fab from Global Foundries

ON Semiconductor will acquire a 300mm fab located in East Fishkill, New York from Global Foundries for $430 million, of which $100 million has been paid at signing of the definitive agreement, and $330 million will be paid at the end of 2022. The agreement allows ON Semiconductor to increase its 300mm production at the East Fishkill fab over several years, and allows for Global Foundries to transition its numerous technologies to the company’s three...