China Mobile's customer growth rate slows to 3.2% as ARPU declines

China Mobile was serving 935 million mobile lines as of 30-June-2019, up 3.2% from 906 million a year earlier. Of these, 734 million lines were served on the 4G network, up 8.4% compared to mid-2018. China Mobile reported a 10.1% decline in Mobile ARPU to RMB 52.2 (US$7.40) from RMB 58.1 (US$8.24) a year earlier. In the first half of 2019, China Mobile recorded operating revenue of RMB 389.4 billion (US$55.24 billion), which represented a decrease...

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AWS automates data lake formation

Amazon Web Services (AWS) , an Amazon.com company (NASDAQ: AMZN), announced the general availability of AWS Lake Formation, a fully managed service that makes it much easier for customers to build, secure, and manage data lakes, entered general availability status. The service simplifies and automates steps usually required to create a data lake, including collecting, cleaning, and cataloging data, and securely making that data available for analytics. AWS...

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Broadcom to acquire Symantec's Enterprise Security for $10.7B

Broadcom agreed to acquire Symantec' Enterprise Security assets, which include the Symantec name, for $10.7 billion in cash. The acquired product portfolio includes enterprise endpoint security, web security services, cloud security and data loss prevention. Hock Tan, President and Chief Executive Officer of Broadcom, said, "M&A has played a central role in Broadcom's growth strategy and this transaction represents the next logical step...

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Broadcom debuts PCIe 4.0 Ethernet Adapters and Fibre Channel HBAs for AMD EPYC

Broadcom's NetXtreme E-Series Ethernet adapters and Emulex LPe35000-series HBAs are now supporting new AMD EPYC 7002 Series Processor-based systems- the world’s first x86 data center CPU with PCIe 4.0. Broadcom says its 200GbE NetXtreme E-series and Gen 7 32GFC LPe35000-series are the world’s first portfolio of Ethernet adapters and Fibre Channel HBAs with support for PCIe 4.0. “Thor and AMD EPYC 7002 Series Processors provide the best performing...

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Lumentum posts stronger results even as sales to Huawei drop 25%

Lumentum reported net revenue of $404.6 million for its fiscal fourth quarter ended June 29, 2019, with GAAP net loss attributable to common stockholders of $(25.8) million, or $(0.34) per diluted share. For comparison, net revenue for the preceding quarter was $432.9 million, with GAAP net loss of $(74.3) million, or $(0.98) per diluted share. A year ago, net revenue for the same period (fiscal fourth quarter of 2018) was $301.1 million, with GAAP...

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Amdocs acquires TTS Wireless, a mobile network engineering specialist

Amdocs has acquired TTS Wireless, a privately-owned provider of mobile network engineering services, specializing in network optimization, planning, and software-enabled solutions. Financial terms were not disclosed. Amdocs plans to integrated TTS Wireless’ services at leading operators with its own Open 5G portfolio. This expanded offering will help operators accelerate and simplify the deployment of 5G networks with comprehensive network rollout...

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