AWS hits sales of $10.219 billion, up 33% yoy

Amazon Web Services (AWS) generated Q1 sales of $10.219 billion, up 33% from a year ago. Operating income was $3.075 billion, up 38% YoY. Trailing 12 months (TTM) revenue was $37.5 billion. AWS now represents 13% of Amazon.com overall business. During the quarter, the company opened AWS Europe (Milan) and AWS Africa (Cape Town) Regions. AWS now spans 76 Availability Zones within 24 geographic regions, with announced plans for nine more Availability...

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Comcast sees 33% rise in upstream traffic

Comcast reported revenue of $26.6 billion for the first quarter of 2020, a decrease of 0.9%. Adjusted EBITDA decreased 4.9% to $8.1 billion. Earnings per Share (EPS) for the first quarter of 2020 was $0.46, a decrease of 40.3% compared to the first quarter of 2019. Adjusted EPS decreased 6.6% to $0.71. For the company's Cable Communications division, it was the best first quarter on record for total customer relationships, with an increase of 371,000....

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CoreSite signed 112 new and expansion leases in Q1, avg $214 per sqr foot

CoreSite Realty reported Q1 revenues of $147.4 million, an increase of 6.1% year over year and 0.9% sequentially. Net income was $0.48 per common diluted share, a decrease of $0.06 year over year and $0.03 sequentially. Key metrics Commenced 112 new and expansion leases for 45,322 net rentable square feet (“NRSF”), representing $9.7 million of annualized GAAP rent, for an average rate of $214 per square foot Signed 117 new and expansion leases...

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Kaloom’s Cloud Edge Fabric integrates with Red Hat OpenShift for unified edge

Kaloom is collaborating with Red Hat to provide a unified solution for distributed edge computing. The solution integrates Red Hat OpenShift and Red Hat Enterprise Linux with Kaloom’s Cloud Edge Fabric, which supports sophisticated services chaining to improve overall networking efficiency. Hybrid 4G and 5G infrastructures can be supported with cloud native network function (CNF) fabric architecture “We are excited to announce our jointly developed...

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Keysight validates O-RAN compliant radio units

Keysight Technologies introduced O-RAN distributed unit (O-DU) emulation software for validating O-RAN compliant radio units (O-RUs). Keysight’s Open RAN Studio software combines visibility, validation and performance test capabilities across radio frequency (RF) and protocol measurement domains, to accelerate development and integration of O-RAN compliant equipment. Keysight said its early engagement as the editor of the O-RAN fronthaul interface...

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Nokia's Q1 sales dip 3%, COVID-19 impact seen easing is 2H2020

Nokia reported Q1 2020 sales of EUR 4.913 billion, down 3% (constant currency) from EUR 5.032 billion a year ago. Net loss amounted to EUR 100 million, compared to EUR 442 million a year ago. Some highlights: 5G deal momentum continues, with 70 commercial deals and 21 live networks Strong growth in Nokia Software and Nokia Enterprise Majority of COVID-19 impact expected in Q2; continue to expect a seasonally strong second half 5G Win Rate (measurement...

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Crown Castle's Q1 site rental revenues grew 5.5% yoy

Crown Castle's mobile tower site rental revenues grew approximately 5.5% to $1.310 billion, from first quarter 2019 to first quarter 2020. There was a net loss of $185 million, down 4% from a year earlier. Capital expenditures during the quarter were $447 million, comprised of $13 million of discretionary land purchases, $21 million of sustaining capital expenditures and $413 million of discretionary capital expenditures. The discretionary capital...

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NeoPhotonics posts Q1 sales of $97.4 million

NeoPhotonics reported Q1 2020 revenue of $97.4 million, down 6% quarter-over-quarter and up 23% year-over-year. Gross margin was 30.5%, up from 30.2% in the prior quarter and from 19.8% in the prior year. Diluted net income per share was $0.12, in comparison to a net income per share of $0.04 in the prior quarter and to a net loss per share of $0.30 in the same period last year. Non-GAAP diluted net income per share was $0.17, up from $0.10 in the...

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ZTE and Qualcomm complete Voice Over NR Call in the 700 MHz band

ZTE and Qualcomm achieved the first 5G-enabled Voice over New Radio (5G VoNR) call over the 700 MHz band. The call was performed in compliance with 3GPP Release 15 specifications over the 700 MHz spectrum band (n28) by utilizing ZTE’s 5G NR base station and a 5G smartphone form factor test device powered by a Qualcomm Snapdragon™ 5G Modem-RF System. The test validated the full functionality and high quality of the end-to-end VoNR services. To fully...

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Keep Americans Connected Pledge extended through June 30

FCC Chairman Ajit Pai announced an extension of the Keep Americans Connected Pledge through June 30. The Keep Americans Connected Pledge includes: not terminate service to any residential or small business customers because of their inability to pay their bills due to the disruptions caused by the coronavirus pandemic; waive any late fees that any residential or small business customers incur because of their economic circumstances related to...

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OIF publishes 400ZR implementation agreeement

OIF published the Implementation Agreement (IA) for a low-cost, 400ZR coherent optical interface. OIF launched the 400ZR project in response to requests from large-scale data center operators and their suppliers for an interoperable coherent interface that transports 400 Gigabit Ethernet over longer distances. Traditional network operators also became interested in 400ZR for their metro needs. Based on their different requirements, OIF developed...

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Deutsche Telekom selects ADTRAN's OLT for Access 4.0 network

Deutsche Telekom has selected ADTRAN’s SDX OLT solutions for deployment as part of its new Access 4.0 network, as well as to be deployed in its existing architectures along with ADTRAN’s SDN-enabled management system, Mosaic Cloud Platform. As part of this partnership, Deutsche Telekom and ADTRAN have aligned joint developments for the Access 4.0 project, based on principles defined by the Open Networking Foundation’s SDN-Enabled Broadband Access...

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Vodafone tests Metaswitch's 5G convergence Access Gateway Function

Vodafone has successfully tested Metaswitch's Access Gateway Function (AGF) solution - the industry’s first implementation of the 5G Wireless Wireline Convergence (WWC) AGF standard. Metaswitch said its Access Gateway Function (AGF), which is part of its 5G Fusion Core, is a true cloud-native solution in which all functional elements, including User Plane Function (UPF) and Access Gateway Function (AGF), are deployed in containers and orchestrated...

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TI Sparkle activates POP in Casablanca

Sparkle has activated a new Point of Presence (PoP) in Casablanca, Morocco. The new POP is located at the Orange Maroc open data center. With this new opening, Sparkle offers to Italian and European multinationals Ethernet and virtual private IP-VPN networks to connect their headquarters with their branches in Morocco and thus enable intracompany communication. Carrier MPLS, that extends connectivity services to other operators, and Cloud Connect,...

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Microsoft's commercial cloud revenue hits $13.3 billion, up 39%

Microsoft reported quarterly revenue of $35.0 billion, up 15% YoY, with net income of $10.8 billion, up 22% YoY.  Diluted earnings per share was $1.40, an increase of 23%. The company said COVID-19 was inconsequential to its financial performance. “We’ve seen two years’ worth of digital transformation in two months. From remote teamwork and learning, to sales and customer service, to critical cloud infrastructure and security – we are working...

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Qualcomm saw a 21% drop in handset shipments in Q1

Citing negative impacts by the global COVID-19 pandemic, Qualcomm reported quarterly revenue of $5,216 billion, up 5% from the $4,982 billion reported a year ago. Qualcomm saw a reduction in demand of 3G/4G/5G handsets of approximately 21%. GAAP net income was $468 million, down 29% from $663 million a year earlier. GAAP results were also negatively impacted by $265 million, or ($0.21) per share, in non-marketable investment impairments, resulting...

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Huawei signs patent agreement with InterDigital

InterDigital has signed a multi-year, worldwide, non-exclusive, royalty-bearing patent license agreement with Huawei. The agreement covers certain of Huawei’s products and certain of InterDigital’s essential patents. InterDigital and Huawei have also agreed to dismiss all pending litigation between the companies. “This agreement, reached amid challenging circumstances given the current economic downturn, highlights the strength of our business...

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CyrusOne reports strong data center leasing trends, especially in Europe

CyrusOne reported revenue of $245.9 million for the first quarter, compared to $225.0 million for the same period in 2019, an increase of 9%. The increase in revenue was driven primarily by a 5% increase in occupied CSF and additional interconnection services. Net income was $14.7 million for the first quarter, compared to net income of $89.4 million in the same period in 2019. Net income for the first quarter included a $14.7 million gain on the...

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MACOM reports sales of $126.4 million, down 1.6% YoY

MACOM Technology Solutions reported sales of  $126.4 million for its fiscal second quarter ended April 3, 2020, a decrease of 1.6% compared to $128.5 million in the previous year fiscal second quarter and an increase of 6.2% compared to $119.1 million in the prior fiscal quarter. Gross margin was 50.1%, compared to 44.6% in the previous year fiscal second quarter and 48.9% in the prior fiscal quarter. Operating loss was $5.3 million, compared...

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Ericsson confirms role with China Mobile

Ericsson released more details on its recent selection to supply 5G solutions to China Mobile. Under the terms of this new deal, China Mobile extends its 5G RAN partnership with Ericsson to 17 provinces, with the deployment of Ericsson Radio System products and solutions. In addition, Ericsson will provide 5G core network equipment in two major regions, covering five provinces. The 5G Core network will be deployed on NFVI along with Ericsson Dynamic...

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MaxLinear posts Q1 sales of $62 million, down 27% YoY

MaxLinear reported Q1 2020 revenue of $62.0 million, down 11% sequentially, and down 27% year-on-year. GAAP gross margin was 49.6%, compared to 52.3% in the prior quarter, and 53.3% in the year-ago quarter. There was a GAAP diluted loss per share of $0.21, and non-GAAP diluted earnings per share of $0.07. “In the first quarter, revenue results were in line with our recent preliminary revenue guidance, gross margin was strong, and operating expenses...

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