Verizon Business offers managed Kubernetes for edge and multi-cloud

Verizon Business introduced VNS Application Edge service for managing Kubernetes clusters and containerized app deployment. The offering was developed in collaboration with Rafay Systems.Verizon's VNS Application Edge is a Platform as a Service (PaaS) offering that provides a turnkey automation framework for Kubernetes. Verizon will now deliver a unified experience for both network and containerized application lifecycle management, using a single...

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Telefónica Peru to deploy TIP-developed Disaggregated Cell Site Gateway

Telefónica Peru will commercially deploy a Disaggregated Cell Site Gateway (DCSG) solution based on a Telecom Infra Project (TIP) design and using Infinera’s DRX-30 hardware and Converged Network Operating System (CNOS). The deployment is part of Telefónica’s Fusión Project, an initiative that aims to transform Telefónica’s global transport network by simplifying network operations while increasing capacity for customers.The deployment of TIP’s DCSG...

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Huawei's growth rate slows to 10%

Huawei reported revenue of CNY671.3 billion (approximately US$100.42 billion) for the first three quarters of 2020, an increase of 9.9% over the same period last year. The company said it achieved a net profit margin in this period was 8.0%, in line with its expectations.Huawei also said its global supply chain is being put "under intense pressure and its production and operations face significant challenges" due to COVID-19. https://www.huawei.com/en/news/2020/10/huawei-announces-q3-2020-business-results-business-performanceHuawei...

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Intel posts a 7% drop in Q3 data center group revenue

Citing COVID-19 effects in enterprise and government, Intel reported third-quarter revenue of $18.3 billion, down 4 percent year-over-year (YoY). Data-centric revenue declined 10 percent while PC-centric revenue was better than expected, up 1 percent YoY. Third-quarter GAAP earnings-per-share (EPS) was $1.02, down 25 percent YoY; non-GAAP EPS of $1.11 was down 22 percent YoY, above July expectations."Our teams delivered solid third-quarter results...

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Telefónica bets on cybersecurity startups

Telefónica is launched a new investment vehicle to foster cybersecurity startups.Telefónica Tech Ventures, which is promoted by Telefónica ElevenPaths cybersecurity company and Telefónica Innovation Ventures (TIV), aims to discover and support the most innovative ideas in cybersecurity. It begins operations with a group of nine invested cybersecurity startups selected from the portfolio of TIV and Wayra, Telefónica’s global open innovation hub. Over...

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US Conec develops 1x16 Multimode ferrule

US Conec, a leading supplier of high-density optical interconnects, introduced 16 fiber multimode MT Elite ferrules optimized for angled physical contact (APC). The new MT-16 ferrule is developed to support next-generation, high-speed link applications using transmission protocols, which require enhanced return loss performance.US Conec said emerging multimode link designs using pulse-amplitude modulation are susceptible to multipath interference...

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AT&T reports wireless and fiber subscriber gains as overall revenue dips

 AT&T reported consolidated revenues for the third quarter of $42.3 billion, down 5% from $44.6 billion in the year-ago quarter. Third-quarter net income attributable to common stock was $2.8 billion, or $0.39 per diluted common share, versus $3.7 billion, or $0.50 per diluted common share, in the year-ago quarter.AT&T said the COVID-19 pandemic impacted revenues across all businesses, particularly WarnerMedia and also domestic wireless...

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Verizon reports decline in Q3 revenue citing COVID-19, raises guidance

Verizon reported consolidated Q3 operating revenues of $31.5 billion, down 4.1 percent from third-quarter 2019.  EPS was $1.05, compared with $1.25 in third-quarter 2019, including approximately negative 5 cents of COVID-19-related net impacts. Third-quarter 2020 EPS included a net pre-tax charge of about $1.1 billion related to a mark-to-market adjustment for pension liabilities. “We continue to demonstrate our strength and resilience...

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Zayo appoints Steve Smith as its new CEO

Zayo Group named Steve Smith as Chief Executive Officer, replacing Dan Caruso.. Smith was recently a Managing Director of the Private Equity firm GI Partners. Before that, he was CEO of Equinix for over 10 years, growing revenues from $400 million to $4.4 billion across 200 data centers, in 52 markets. He is a West Point graduate and an 8-year Army veteran.“Steve’s track record successfully managing growing digital infrastructure businesses...

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MaxLinear raises financial guidance

 MaxLinear announced preliminary results for the third quarter 2020.“During the third quarter, our business improved significantly with greater-than-expected revenues driven by strong demand in the broadband data access market, as well as market share gains across multiple product lines. We are benefiting from the work-from-home environment that is driving a noticeable inflection in demand for access data bandwidth and its in-home distribution...

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