AWS continues to grow at 41% clip, profitability increases

Amazon Web Services (AWS) generated revenue of $7.696 billion in Q1 2019, up 41% over the same period last year.  Operating income for the business was $2.223 billion, up 59% year over year. On a trailing 12 months (TTM) basis, AWS represents about 11% of Amazon's net sales on a global basis, https://ir.aboutamazon.com/static-files/ade0787c-6617-4f69-8147-5d00ff0eb0bb Some additional AWS highlights for the quarter: Amazon announced renewable...

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Intel's data centric revenue dips 5%

Intel reported first quarter revenue of $16.1 billion, flat year-over-year (YoY), with GAAP earnings-per-share (EPS) of $0.87, a decline of 6 percent YoY. Intel's data-centric revenue declined 5 percent while PC-centric revenue grew 4 percent. The company also trimmed its outlook for the rest of the year. "Results for the first quarter were slightly higher than our January expectations. We shipped a strong mix of high-performance products and continued...

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Comcast posts strong Q1 for its communications business

Comcast reported a strong quarter for its cable communications business with revenue increasing 4.2% to $14.3 billion in the first quarter of 2019, driven primarily by increases in high-speed internet and business services revenue. High-speed internet revenue increased 10.1%, driven by an increase in the number of residential high-speed internet customers and rate adjustments. Business services revenue increased 9.5%, due to an increase in the number...

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Juniper posts 7% decline in Q1 sales

Juniper Networks reported first quarter 2019 net revenues of $1,001.7 million, a decrease of 7% year-over-year, and 15% sequentially. GAAP operating margin was 4.3%, a decrease from 5.1% in the first quarter of 2018, and a decrease from 16.7% in the fourth quarter of 2018. GAAP net income was $31.1 million, a decrease of 10% year-over-year, and a decrease of 84% sequentially, resulting in diluted earnings per share of $0.09. Non-GAAP net income was...

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ECI enhances its Apollo optical transport with 8x24CDCF ROADM

ECI has enhanced its Apollo optical transport portfolio with the addition of a high performance, contentionless 8x24CDCF ROADM based on wavelength switching technologies.  ECI said its programmable wavelength switching far surpasses the capabilities of contentionless ROADMs available today, which are based on multicast switches (MCS). The 8x24CDCF ROADM enables add/drop port scaling to support capacity growth while eliminating the need for...

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Nokia reports a weak Q1 as it waits for 5G spending to accelerate

Nokia reported a weak Q1 but said it remains confident that spending by mobile operator will accelerate in the second half of the year. Overall, Nokia's reported net sales grew approximately 2% to EUR 5.032 billion. A decline in Nokia gross profit was primarily attributable to Networks, which was negatively affected by broad-based gross margin erosion in Mobile Access. Rajeev Suri, Nokia's CEO, states: "As the year progresses, we expect meaningful...

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Orange and Vodafone extend network sharing in Spain for 5G

Vodafone and Orange agreed to extend their current active mobile network sharing arrangement in Spain to include 5G. The original network sharing agreement signed in 2006 covered passive infrastructure nationwide and active infrastructure in smaller towns. The agreement was subsequently renewed in 2012 and in 2016. Under the new agreement, Vodafone will be able to offer its customers broadband access and other fixed services on Orange’s fibre-to-the-home...

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NTT increases investment in data centers

NTT has increased its capital in NTT Global Data Centers Corporation (NTT GDC), a subsidiary company handling centralized global construction, management and equipment wholesales for NTT group data centers. NTT GDC is capitalized at 1.25 billion JPY, of which 60% will be had share by NTT Com. And three other NTT Group companies newly acquired shares in NTT GDC, namely, NTT Urban Development Corporation (20%), NTT Corporation (10%) and NTT Finance...

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A10 Networks posts Q1 revenue of $50.3 million

A10 Networks reported Q1 2019 revenue of $50.3 million, compared with $49.2 million in first quarter 2018. GAAP gross margin was 75.6 percent and GAAP operating margin was (21.8) percent. There was a GAAP net loss of $12.3 million, or $0.16 per basic and diluted share. Non-GAAP net loss amounted to $7.2 million, or $0.09 per diluted share. “During the quarter, we continued to make progress on our priorities for 2019, which include driving growth...

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T-Mobile US adds 1.7 million customers in Q1

T-Mobile US reported accelerated customer growth, all-time record-low postpaid phone churn of 0.88%, and record first quarter financials. Q1 marked the 24th quarter in a row where T-Mobile delivered greater than 1 million total customer net additions. Some highlights: Total net customer additions were 1.7 million in Q1 2019, bringing our total customer count to 81.3 million, and marking the 24th straight quarter in which T-Mobile generated more...

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Cyxtera deploys Infinera Groove for DCI

Cyxtera Technologies, which operates over 50 data centers in major cities around the world, has deployed the Infinera Groove Network Disaggregation Platform to support delivery of secure and reliable high-speed data center interconnect services. Cyxtera said Infinera's Groove solution enables it to cost-efficiently scale optical interconnect capacity between its data center facilities within major markets. “We continue to invest in best-in-class...

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Verizon names 20 more U.S. cities for 5G in 2019

Verizon, which officially activated its 5G mobile network in parts of Minneapolis and Chicago earlier this month, names 20 additional cities where it will launch 5G this year:  Atlanta, Boston, Charlotte, Cincinnati, Cleveland, Columbus, Dallas, Des Moines, Denver, Detroit, Houston, Indianapolis, Kansas City, Little Rock, Memphis, Phoenix, Providence, San Diego, Salt Lake City and Washington DC. Early customers in Chicago and Minneapolis should...

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Rackspace appoints Kevin Jones as CEO

Rackspace announced the appointment of Kevin M. Jones as Chief Executive Officer, replacing Joe Eazor. Jones most recently served as Chief Executive Officer of MV Transportation, the largest privately owned transportation contracting firm in the United States, employing more than 20,000 transit professionals in 153 locations across North America. Before joining MV, Kevin held global leadership roles at DXC Technology, Hewlett Packard Enterprise...

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