GSA: 30 operators now offer 5G-based Fixed Wireless Access

The Global mobile Suppliers Association (GSA) has established a Fixed Wireless Access Working Group to coordinate industry initiatives to deliver fixed wireless broadband services based on LTE and 5G access networks. The founding members of the FWA Working Group are Ericsson, Huawei, Nokia, Samsung and ZTE. To support the activities of the new Working Group, GSA has undertaken a study to determine the extent and nature of fixed wireless access...

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Liberty's Virgin Media to merge with Telefónica's O2

Liberty Global plc and Telefónica SA will merge their operating businesses in the U.K. to form a 50:50 joint venture focused on broadband + mobile + video + entertainment consumer services. O2 is the largest mobile platform in the UK, while Virgin Media claims to be the nation's fastest broadband network. The "fully-converged" JV is also expected to become a leading challenger in the B2B space as the combination will accelerate the adoption of converged...

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Zoom acquires Keybase for messaging encryption

Zoom Video Communications as acquired Keybase, a start-up offering a  secure messaging and file-sharing service. Financial terms were not disclosed. Keybase, which is based in New York City, is a key directory that maps social media identities to encryption keys in a publicly auditable manner. Additionally, it offers an end-to-end encrypted chat and cloud storage system, called Keybase Chat and the Keybase Filesystem respectively.  The...

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ADVA upgrades its Oscilloquartz timing technology

ADVA launched a major new software upgrade and introduced additional hardware cards for its high-capacity core Oscilloquartz synchronization solutions, the OSA 5430 and 5440, to help mobile network operators (MNOs) meet stringent 5G sync requirements while supporting all existing mobile technologies. ADVA said the enhancements to the OSA 5420 edge device and the OSA 5430 and 5440 core solutions enable a seamless transition to ePRTC and emerging...

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NTT West picks Fortinet Secure SD-WAN and SD-Branch

NTT West has selected Fortinet’s Secure SD-WAN and SD-Branch solutions as the foundation of its "FLET’S SDx" subscription service. NTT West's service, which enables centralized management of both WAN and LAN, comes with built-in security features enabled by Fortinet’s FortiGate Next-Generation Firewall (NGFW) to provide customers with a flexible, secure network environment that adapts rapidly to change. Fortinet cited the following advantages to...

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Fortinet reports Q1 sales of $576.9 million, up 22% YoY

Fortinet reported Q1 2020 total revenue of $576.9 million, an increase of 22.1% compared to $472.6 million for the same quarter of 2019. GAAP net income was $104.0 million for the first quarter of 2020, including $28.3 million from gain on intellectual property matter, net of tax, compared to GAAP net income of $58.8 million for the same quarter of 2019. Non-GAAP net income was $104.4 million for the first quarter of 2020, compared to non-GAAP net...

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NETSCOUT reports flat revenue of $229 million

NETSCOUT reported total revenue (GAAP) for its fourth quarter of fiscal year 2020 of $229.4 million, compared with $235.0 million in the same quarter one year ago. Non-GAAP total revenue for the fourth quarter of fiscal year 2020 was $229.4 million versus $235.2 million in the same quarter one year ago. Product revenue (GAAP and non-GAAP) for the fourth quarter of fiscal year 2020 was $116.5 million, which was approximately 51% of total revenue....

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Inphi posts strong Q1 revenue of $139 million

Inphi reported Q1 2020 revenue $139.4 million, up 69.6% year-over-year, compared with $82.2 million in the first quarter of 2019. The increase was due to higher demand for Cloud and Telecommunications products as well as the inclusion of eSilicon revenues as a result of the acquisition that closed on January 10, 2020. Gross margin under GAAP in the first quarter of 2020 was 52.9%, compared with 57.9% in the first quarter of 2019. The decrease was...

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CommScope posts Q1 2020 revenue of $2.03 billion

CommScope reported that net sales in the first quarter of 2020 increased 84.9% year over year to $2.03 billion primarily due to the contribution of $1.03 billion from the ARRIS acquisition. On a combined company basis, net sales decreased 18.0% year over year to $2.03 billion. The company estimates that first-quarter 2020 net sales were negatively impacted by approximately $70 million related to supply chain disruptions as a result of COVID-19, as...

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Ribbon posts Q1 sales of $158 million

Ribbon Communications reported Q1 2020 revenue of $158 million compared with $119 million in first quarter of 2019, an increase of 33%. Approximately $30 million of the year-over-year revenue increase was attributable to the acquisition of ECI Telecom, which closed on March 3, 2020. There was a GAAP net loss of $33 million, and a non-GAAP loss of $1 million. "We are pleased with our first quarter sales results.  In the face of very difficult...

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ECI's Darryl Edwards steps down following Ribbon acquisition

Darryl Edwards, President and CEO of ECI Telecom, has stepped down as planned following the recent acquisition of the company by Ribbon. Edwards joined ECI in June 2012, with the goal of re-establishing ECI's reputation for innovation and breaking boundaries in the telecommunications industry. Under his leadership, ECI has made significant investments in research and development and refreshed its product portfolio with new packet and optical product...

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