Portugal's ONI Telecom picks Nokia 1830 Photonic Service Demarcation

ONI Telecom of Portugal will deploy the Nokia 1830 Photonic Service Demarcation (PSD) to provide 10G dedicated links to customers in key Portuguese cities. The Nokia 1830 PSD is a universal Ethernet and Wavelength service demarcation device that extends the optical network through to the customer premises.  Based on a new MEF 3.0 standard, the Nokia 1830 PSD provides both Wavelength and Ethernet services in a low-power, small-footprint device. Nokia...

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FCC offers incentives to rural carriers for faster broadband

The FCC’s Wireline Competition Bureau extended offers of broadband subsidies to 516 rural “rate-of-return” companies in 46 states through a predictable cost model, rather than the current legacy system, which dates to the era of voice-only service. The action could result in over 1 million rural homes getting faster broadband service. The FCC voted to make this offer in December. To get the subsidies, the rural carriers would be required to deploy...

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Arista reports strong Q1, warns that cloud titan spending tightens

Arista Networks posted revenue of $595.4 million for its first quarter ended March 31, 2019, essentially flat compared to the fourth quarter of 2018, and an increase of 26% from the first quarter of 2018. GAAP gross margin was 63.9%, compared to GAAP gross margin of 62.9% in the fourth quarter of 2018 and 64.1% in the first quarter of 2018. GAAP net income amounted to $201.0 million, or $2.47 per diluted share, compared to GAAP net income of $144.5...

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Acacia's revenue leaps to $105M, up 44% yoy

Acacia Communications posted Q1 2019 revenue of $105.2 million, up 44% year-over-year. GAAP gross margin was 47.4%. GAAP net income was $7.0 million and non-GAAP net income was $15.4 million. “I am pleased with our strong first quarter results, which exceeded the high end of our guidance on revenue, non-GAAP gross margin, non-GAAP net income and non-GAAP diluted EPS,” said Raj Shanmugaraj, President and Chief Executive Officer of Acacia Communications....

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NeoPhotonics posts revenue of $79.4 million

NeoPhotonics reported Q1 2019 revenue of $79.4 million, down 13% quarter-over-quarter and up 16% year-over-year. Gross margin was 19.8%, down from 24.8% in the prior quarter. Non-GAAP diluted net loss per share was $0.19, down from net income per share of $0.05 in the prior quarter “NeoPhotonics delivered strong year over year growth in our seasonally low first quarter. We are focused on the highest speed coherent solutions that are well-aligned...

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Netscout posts revenue of $235M, beating preliminary estimates

Netscout Systems reported revenue of $235.0 million for its fourth quarter and full fiscal year 2019 ended March 31, 2019, compared with $235.2 million in the same quarter one year ago. Non-GAAP total revenue for the fourth quarter of fiscal year 2019 was $235.2 million versus $238.5 million in the same quarter one year ago. Fourth-quarter non-GAAP revenue in fiscal year 2018 included $10.7 million attributable to the handheld network test (HNT)...

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Zain now serves 50 million customers in Middle East & Africa

Zain Group, which delivers mobile services in eight markets across the Middle East and Africa, reached the 50 million customer milestone as of the end of Q1 2019, reflecting a 6% increase year-on-year (Y-o-Y). Zain Group generated consolidated revenues of KD 404 million (USD 1.33 billion) for the first quarter of 2019, up 56% compared to the same period in 2018. EBITDA for the quarter reached KD 178 million (USD 586 million), up 111% Y-o-Y, reflecting...

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