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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