Wednesday, May 13, 2020

FCC opens some 900 MHz spectrum

The FCC will make six megahertz of 900 MHz band spectrum available for wireless broadband technologies and services.  The 900 MHz band is currently designated for narrowband land mobile radio communications and primarily used by land transportation, utility, manufacturing, and petrochemical companies.  The six megahertz will be available for broadband licenses on a county-by-county basis while reserving the remaining four megahertz of...

Trump extends export restrictions on Huawei

President Trump extended for 1 year the national emergency declared in May 2019 (Executive Order 13873) with respect to securing the information and communications technology and services supply chain. The order pertains to the export of U.S. technology to Huawei. The White House statement reads: "The unrestricted acquisition or use in the United States of information and communications technology or services designed, developed, manufactured,...

Cisco posts revenue of $12.0 billion, down 8% YoY

Cisco reported revenue of $12.0 billion for its third fiscal quarter ended April 25, 2020, down 8% compared to a year earlier.  Net income (GAAP) was $2.8 billion or $0.65 per share, down 9% compared to a year earlier, and non-GAAP net income was $3.4 billion or $0.79 per share. "During this extraordinary time, our priority has been supporting our employees, customers, partners and communities, while positioning Cisco for the future," said...

Colt trims latencies on key financial routes with Arista switches

Colt Technology Services has reduced latency on critical routes of its PrizmNet infrastructure in Europe. PrizmNet serves the high-frequency trading (HFT) sector and the Capital Markets community, including financial brokers, investment funds and banks, and FX-related applications. Colt PrizmNet is underpinned by the Colt IQ Network, a 100Gbps optimised intelligent network that’s distributed to more than 29,000 on net buildings, 900 data centres...

Ekinops confirms major OTN switch customer

EKINOPS announced its first OTN switch customer, finalizing a deal with a major provider of telecommunication and digital solutions in EMEA. The customer was not disclosed. Specifically, the EKINOPS Transport Switch (ETS) is being used to upgrade an existing optical transport network from 10G to 100G using a two-phase approach by first optimizing and simplifying the operations of existing 10G services before migrating the network to 100G. EKINOPS...

Rakuten to acquire Innoeye for cloud-native expertise

Rakuten Mobile agreed to acquire Innoeye, a privately-held company specializing in cloud technologies. The company has offices in Herndon, Virginia and Indore (MP), India. Financial terms were not disclosed. Rakuten Mobile has already deployed Innoeye’s converged OSS, an end-to-end platform process automation solution, to support the 4G/5G cloud platform for its network launch in Japan. Plans are also underway to rollout this technology and expertise...

II-VI posts revenue of $627 million

Earlier this week,  II-VI reported revenue of $627 million for its fiscal 2020 third quarter ended March 31, 2020. Quarterly GAAP Operating Income was $69.0 million. "In this second full quarter of II-VI operations with Finisar included, we successfully continued our integration activities amid the COVID-19 pandemic," said Dr. Vincent D. (Chuck) Mattera, Jr., Chief Executive Officer. "Our mandate and priorities during the pandemic have been...

CommScope names Jeff White as Chief Commercial Officer

CommScope has appointed Jeff White as Chief Commercial Officer. He will be responsible for the development and growth of CommScope’s sales and marketing operations to meet strategic business initiatives. White joins CommScope from Here Technologies, a location services platform company, where he served as chief customer officer in Amsterdam and oversaw a complete go-to-market transformation. Previously, he was chief revenue officer for Syniverse...