Next-Gen Network Automation - Accelerating Enterprises

Automating a global enterprise to scale can be a herculean task. Choosing the best approach, such as using an intent-based, model-driven based network automation engine can simplify the process of automating an existing multi-vendor network, freeing precious IT engineering time to deliver strategic innovation. Gluware CEO and Co-founder, Jeff Gray, talks about how Gluware helps enterprises like Mastercard, Merck and more deploy network automation...

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U.S. mobile operators form RCS Initiative

AT&T, Sprint, T-Mobile and Verizon will form a joint venture to deliver a Cross Carrier Messaging Initiative (CCMI) based on the GSMA’s Rich Communications Service (RCS) industry standard. To enable the service, the CCMI joint venture is working to develop and deploy the standards-based, interoperable messaging service starting with Android and expected in 2020. The CCMI service seeks to: Drive a robust business-to-consumer messaging ecosystem...

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AT&T to sell stake in Central European Media Enterprises for $1.1B

AT&T agreed to sell its stake in Central European Media Enterprises Ltd. to an affiliate of the Czech investment firm PPF Group N.V. (PPF) for approximately $1.1 billion in cash at close and will also be relieved of a $575 million debt guarantee. CME, which has broadcast operations in Bulgaria, the Czech Republic, Romania, Slovakia and Slovenia, announced in early 2019 that it was conducting a review of strategic options, including a potential...

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AT&T to sell its remaining domestic wireless towers to Peppertree

AT&T agreed to a sale-leaseback of its remaining domestic company-owned wireless towers to Peppertree Capital Management. Under the deal, Peppertree will purchase more than 1,000 AT&T towers for up to $680 million. AT&T will lease back capacity on the towers from Peppertree. AT&T said the sale is consistent with its strategy to monetize non-strategic assets as it continues to pay down de...

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Verizon posts flat revenue of $32.9 billion

Verizon reported Q3 2019 revenue of $32.9 billion, up 0.9 percent from third-quarter 2018. EPS amounted to $1.25, compared with $1.19 in third-quarter 2018. The company said growth was primarily driven by higher wireless service revenue, partially offset by lower wireless equipment revenue and declines in legacy wireline revenue, predominantly in the Business segment. "Verizon continued its momentum in the third quarter by driving strong wireless...

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Champion ONE launches 200G and 400G transceivers

Champion ONE announced the general availability of a new line of 200G and 400G optical transceivers. Champion ONE’s initial portfolio includes 200G transceivers in double density QSFP (QSFP-DD) and CFP2 form factors, as well as 400G transceivers in QSFP-DD and octal SFP (OSFP) formats. While QSFP-DD offers higher port density and better backward compatibility with 100G transceivers, OSFP is believed to offer a better path to 800G and beyond. “The...

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Qualcomm Ventures targets 5G Ecosystem Fund

Qualcomm Ventures launched a global 5G Fund, which will invest up to $200M over the next 4-5 years in startups helping build the 5G ecosystem. The fund was announced at Qualcomm Ventures’ 15th annual CEO Summit, which was held last week in San Diego. “5G will transform industries and should be viewed as a business strategy for all,” said Steve Mollenkopf, CEO of Qualcomm Incorporated. “The intent of this fund is to fuel innovative 5G businesses...

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MaxLinear's Q3 sales dip 6% yoy to $80m

MaxLinear reported Q3 net revenue of $80.0 million, down 3% sequentially, and down 6% year-on-year. GAAP gross margin was 52.4%, compared to 53.4% in the prior quarter, and 51.6% in the year-ago quarter. GAAP loss from operations was 4% of revenue, compared to loss from operations of 4% in the prior quarter, and loss from operations of 15% in the year-ago quarter. Non-GAAP income from operations was 25% of revenue, compared to 24% in the prior quarter,...

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