Facebook bets $5.6 billion on India's Jio

Facebook will invest ₹ 43,574 crore (approximately US$5.6 billion) in Jio Platforms, a subsidiary of Reliance Industries that includes digital apps, digital ecosystems and India’s leading mobile operator.  The investment will give Facebook a 9.99% equity stake in Jio Platforms on a fully diluted basis. Jio, which currently serves over 388 million subscribers, said its vision is to enable a Digital India for 1.3 billion Indians and Indian businesses,...

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Equinix forms $1.0 billion JV with GIC for data centers in Japan

Equinix and GIC, Singapore's sovereign wealth fund, announced a US$1.0 billion initial joint venture to develop and operate xScale data centers in Japan. GIC will own an 80% equity interest in the joint venture and Equinix will own the remaining 20% equity interest. GIC is expected to have contributed cash to fund its 80% equity interest in the joint venture. Equinix is expected to have transferred its Tokyo TY12 and Osaka OS2 development assets,...

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PacketFabric appoints Dave Ward as CTO

PacketFabric, which operates a Network-as-a-Service (NaaS) platform for providing data center interconnects, named Dave Ward as its new CEO. Ward joins PacketFabric from Cisco, where he was the company’s Chief Technology Officer of Engineering, Chief Architect and a Senior Vice President at Cisco’s Networking and Security Business. While at Cisco, Ward and his engineering teams built numerous hardware and software products, including networking...

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Interxion plans major data center campus in Paris

Interxion, which is now part of Digital Realty, has begun the construction of a major expansion project in Paris. Interxion Paris Digital Park has access to up to 85 megawatts of customer available power and will accommodate four data centers spanning a total of approximately 40,000 square meters of equipped space. The first data center on the site will be Interxion’s eighth data center in Paris (PAR8) and will be constructed in three phases,...

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IDC predicts drop in IT spending in nearly every industry in 2020

IDC is predicting that worldwide IT spending to decline 2.7% this year due to the economic impact of the COVID-19 pandemic, with certain industry segments such as hospitality and tourism-heavy industries, like transportation and personal and consumer services, expected to be the most negatively impacted markets. IT spending in such segments are expected to decline by 5% or more. However, IDC is forecasting that more "recession resistant" segments,...

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T-Mobile US begins activating Sprint's 2.5 GHz spectrum for 5G

T-Mobile US has begun activating Sprint's 2.5 GHz spectrum in its nationwide 5G network, increasing capacity and boosting speeds for customers. The first activation is for 2.5 GHz 5G in Philadelphia, boosting speeds for customers with some of the latest smartphones to peaks nearing 600 Mbps. T-Mobile said the next 2.5 GHz 5G activation will be New York City. Sprint customers with the Samsung Galaxy S20 5G will have access to T-Mobile’s nationwide...

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Federated Wireless raises $13.7 million for CBRS

Federated Wireless secured $13.7 million in additional Series C funding for its private wireless Connectivity-as-a-Service (Caas) based on CBRS shared spectrum. The new funding came from existing investors Allied Minds (LSE: ALM) and Pennant Investors. Federated Wireless said it will use the funding accelerate expansion and adoption of its Caas in partnership with Amazon Web Services and Microsoft Azure. It will also provide a new path to 1,000...

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Juniper supplies managed SD-WAN platform to T-Systems

Juniper Networks has partnered with T-Systems to create and deliver a managed SD-WAN infrastructure as part of an end-to-end service overlay solution for companies with complex network and connectivity requirements. T-Systems is offering a secure, managed platform for the delivery of multicloud hosted applications, as well as delivering standardized services as managed SD-WAN overlay services, called Smart SD-WAN, which is powered by Juniper. To...

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Ciena appoints Jürgen Hatheier as CTO for EMEA

Ciena has appointed Jürgen Hatheier as Chief Technology Officer and Vice President of Strategic Sales for the EMEA region. Prior to joining Ciena, Jürgen held leadership positions at Pacific Broadband Networks, ARRIS Group and Technetix, where he served tier-1 network operators across the globe. “We pride ourselves on attracting and retaining the best talent in the industry. At a time of uncertainty and unprecedented network demands, Jürgen’s experience,...

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Huawei reports Q1 sales of CNY182.2 billion, up 1.8%

Huawei reported first quarter 2020 revenue of CNY182.2 billion (approx US$25.74 billion), an increase of 1.4% year-on-year. The company's net profit margin in Q1 2020 was 7.3%. Despite COVID-19, Huawei said its business is continuing as usual and its overall business results in Q1 2020 are in line with expectations. "A seed that survives the storm will sprout and then blossom. Even though it is impossible to know when the tides of this pandemic...

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Microchip updates its Timing Grandmaster with 5G phase protection

Microchip Technology released software version 2.1 for its TimeProviderÒ 4100 precision timing grandmaster. TimeProvider 4100 is a 1588 grandmaster including support for the latest ITU-T G.8275.1 and G.8275.2 1588 phase profiles, complemented by extensive port fan-out for PTP, Network Time Protocol (NTP), SyncE, and E1/T1. Software release 2.1 builds on earlier versions by adding key software enhancements providing a virtual Primary Reference...

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Saguna names Ido Gur as CEO

Saguna, which is developing a multi-access edge cloud (MEC) computing solution, named Ido Gur as its new CEO. Gur previously served as CEO of GASNGO, CEO and President of VocalTec, and EVP Global Sales & Marketing of ECI Telecom. "I am delighted to join the Saguna team," said Gur. "Its highly dedicated employees and its committed share-holders made outstanding progress over the years building state-of-the art products. Saguna is uniquely positioned...

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Siklu powers EtherHaul radios with MaxLinear

MaxLinear is supplying its MxL85110 baseband system-on-chip (SoC) for the Siklu EtherHaul product family. Siklu’s EtherHaul products offer throughput of up to 20Gbps and support V-Band (60GHz), E-Band (70/80GHz), point-to-point, and point-to-multipoint applications. MxL85110 technical details Glueless connectivity to the RF/IF analog circuitry via integrated AFE DACs and ADCs Synchronous Ethernet (SyncE) 1588v2, transparent clock (TC) mode Full-duplex,...

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