NETGEAR: booming demand for home network upgrades started in March

Consumers in the U.S. rushed to upgrade their home office set-ups beginning in March. NETGEAR reported Q2 rvenue of $280.1 million, an increase of 21.3% from the comparable prior year quarter. Second quarter 2020 GAAP operating income was $8.9 million, or 3.2% of net revenue, as compared to operating income of $0.3 million, or 0.1% of net revenue, in the comparable prior year quarter. "Patrick Lo, Chairman and Chief Executive Officer of NETGEAR,...

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Microsoft Azure growth rate now at 47%

Microsoft reported Azure revenue growth of 47% (up 50% in constant currency) for the quarter ended June 30th, as cloud usage increased due to shifting work and study patterns during the pandemic. Overall, Microsoft posted revenue of $38.0 billion, and increase of 13% YoY. Operating income was $13.4 billion and increased 8%. Net income was $11.2 billion and decreased 15% GAAP (up 5% non-GAAP). “Our commercial cloud surpassed $50 billion in annual...

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ADVA posts Q2 revenue of EUR 145 million, up 9%

ADVA's revenues for Q2 2020 increased by 9.3% to EUR 145.0 million from EUR 132.7 million in Q1 2020 and grew by 8.9% from EUR 133.2 million in the same year-ago period. Net income was EUR 7.6 million in Q2 2020 and overcompensated a net loss of EUR 7.2 million in Q1 2020 and also grew substantially from a net income of EUR 1.3 million in Q2 2019. "Our results in the second quarter of 2020 were convincing. So far, the demand for our products and...

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Dell'Oro: RAN investments to surpass $200 billion

Dell'Oro Group is forecasting that the RAN market will grow at a healthy pace over the next three years, before growth tapers off in the outer part of the forecast period, resulting in a mid-single digit CAGR between 2018 and 2022. Cumulative investments over the 2019-2024 period are expected to eclipse $200 billion. Some highlights of Dell'Oro's 5-Year RAN Forecast: The Millimeter Wave outlook has been revised upward driven by improved momentum...

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Deutsche Telekom awards a 5G RAN contract to Ericsson

Deutsche Telekom AG, the largest telecommunications service provider in Europe by revenue, awarded a new multi-year deal for its 5G Radio Access Network (RAN) across Germany to Ericsson. Financial terms were not disclosed. Ericsson said the deal covers the upgrade of several mobile sites to 5G using Ericsson Radio System products and solutions. Ericsson Spectrum Sharing solution will also be deployed, allowing Deutsche Telekom to dynamically manage...

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Manatua One Polynesia Cable is now Ready for Service

The Manatua One Polynesia Cable Project was officially declared “Ready for Service.” The subsea cable extends 3,600 kilometers from Apia, Samoa to Toahotu, Tahiti, with branching units for landings to Niue; Aitutaki, Cook Island; Raratonga, Cook Island; and Vaitape, Bora Bora. It is the first submarine cable in the Cook Islands and Niue, which until now have relied on satellite connectivity. The configuration is a two/three fiber pair trunk that...

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India's Airtel renews managed services contract with Ericsson

Bharti Airtel =has renewed its agreement with Ericsson (NASDAQ: ERIC) to provide pan-India managed network operations through Ericsson Operations Engine. The three-year deal will see Airtel launching Ericsson Operation Engine during 2020. Ericsson will deploy the latest automation, machine learning and artificial intelligence (AI) technologies to enhance Airtel’s mobile network performance and customer experience. Ericsson will also manage Airtel’s...

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Deutsche Telekom launches LTE-M in Germany

Deutsche Telekom LTE-M is now commercially available across Germany in both post-paid and pre-paid IoT offerings, including its Business Smart Connect LPWA and M2M tariffs. Deutsche Telekom already completed first certifications of a handful of LTE-M chipsets and modules, thereby enabling faster user time-to-market and connectivity quality. “LTE-M gives our customers the opportunity to develop new solutions where previous technologies had their...

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Quintillion adds former NORAD commander as strategic advisor

Quintillion, which built a submarine and terrestrial high-speed fiber optic cable system that spans the Alaskan Arctic, named General (Ret.) Charles H. Jacoby Jr. as a Senior Strategic Advisor.  Jacoby previously served as the first Army officer to command North American Aerospace Defense Command (NORAD) and the United States Northern Command. Quintillion has already deployed over 1,600 miles of fiber optic cable off the Alaskan coast. The...

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T-Mobile cuts pricing for post-paid with unlimited data

T-Mobile announced an aggressive new price point for its postpaid service: four lines of unlimited data for $25 each/month. Four 5G phones can be included for $5 more each/month, and all with 5G access included. The offer is for a limited time. On August 2, the newly merged company begins operations under the flagship T-Mobile brand in retail nationwide, bringing the network of Sprint and T-Mobile stores together and beginning to roll out new ...

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Huawei and partners establish 4G/5G FWA Technology Forum

Huawei and 20 industrial partners jointly announced the establishment of the 4G/5G FWA Technology Forum as a platform that convenes industrial and ecosystem partners to jointly promote the rapid development of 4G and 5G FWA technologies. Participating companies include ASR, Atel, Esound, Fibocom, FROG, GOSUNCN, HAIOT, Lintron, MaxComm, MobiWire, MOBOT, Neoway, NOTION, QUECTEL, Sequans, Tigercel, Tozed Kangwei, UNISOC, and Zmtel. According to the...

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