Thursday, October 31, 2019

China Mobile launches 5G in 50 cities

China Mobile officially launched its 5G commercial service in 50 cities across the country. China Mobile has deployed 40,000 5G base stations in the first batch of 50 key cities.  5G network construction is underway in more than 300 cities across the country. The carrier is offering a number of 5G subscriptions starting with a Personal Plan priced at RMB 128 per month (~US$18). Family plans and business plans are also available. Downlink speed...

China Telecom launches 5G in 50 cities

China Telecom officially switched on commercial 5G service in 50 cities. In the early stage of commercial use, China Telecom said its 5G network covers the main downtown areas and hotspots of each city. Its network footprint will expand over time. China Telecom emphasized its focus on the user experience, with its commitment to accelerate the pace of 5G network construction, improve the strategic layout of 5G industry, and enrich 5G applications...

China Unicom launches 5G in 50 cities

China Unicom announced commercial activation of 5G services in 50 major cities across the country. Service tiers begin at RM 129 (~US$18), and data allowances range from 30GB to 300GB per month. More than ten 5G smartphones are offered. http://www.chinaunicom.com/news/201910/1572568962264083103.html China Telecom and China Unicom reach 5G sharing deal in 15 cities Monday, September 09, 2019  China, China Telecom, China...

AWS to Open Data Centers in Spain

Amazon Web Services (AWS) will open an infrastructure region in Spain in late 2022 or early 2023.. The new AWS Europe (Spain) Region will consist of three Availability Zones at launch, and will be AWS’s seventh region in Europe, joining existing regions in Dublin, Frankfurt, London, Paris, Stockholm, and the upcoming Milan region launching in early 2020. Currently, AWS provides 69 Availability Zones across 22 infrastructure regions worldwide. With...

Arista posts Q3 sales of $654M, up 16%, warns on cloud titans

Arista Networks reported Q3 2019 revenue of $654.4 million, an increase of 7.6% compared to the second quarter of 2019, and an increase of 16.2% from the third quarter of 2018. GAAP gross margin was 63.8%, compared to GAAP gross margin of 64.1% in the second quarter of 2019 and 64.2% in the third quarter of 2018. GAAP net income of $208.9 million, or $2.59 per diluted share, compared to GAAP net income of $168.5 million, or $2.08 per diluted share...

NeoPhotonics posts Q3 sales of $92.4M, up 13%

NeoPhotonics reported Q3 2019 revenue of $92.4 million, up 13% quarter-over-quarter and up 13% year-over-year. Gross margin was 28.4%, up from 19.2% in the prior quarter. Diluted net earnings per share was $0.05, up from a net loss of $0.16 per share in the prior quarter. “Solid execution, strong customer demand, and cost reduction combined for a profitable quarter for NeoPhotonics,” said Tim Jenks, Chairman and CEO of NeoPhotonics. “Despite the...

NETSCOUT sales dip to $224M

NETSCOUT reported quarterly revenue (GAAP) of $216.4 million, compared with $223.8 million in the same quarter one year ago. There was a net loss (GAAP) of $17.5 million, or $0.23 per share (diluted) versus net loss (GAAP) of $26.4 million, or $0.34 per share (diluted), for the second quarter of fiscal year 2019. On a non-GAAP basis, net income was $21.4 million, or $0.28 per share (diluted), which compares with $20.0 million, or $0.25 per share...