American Tower to acquire InSite, adding 3,000 communication sites

American Tower agreed to acquire InSite Wireless Group, which owns, operates and manages approximately 3,000 communications sites, primarily in the U.S. and Canada, for approximately $3.5 billion.Insite's portfolio includes more than 1,400 owned towers in the U.S., over 200 owned towers in Canada and approximately 70 distributed antenna system (“DAS”) networks in the U.S. In addition, InSite controls more than 600 land parcels under communications...

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T-Mobile US now has 100 million mobile customers

T-Mobile US crossed the 100 million customer milestone, surpassing AT&T to become the No.2 largest mobile operator in the U.S. The milestone comes 7 months after its acquisition of Sprint.Highlights for the quarter:Net customer additions were 2,035,000 in Q3 2020, a record-high and the 23rd consecutive quarter of industry-leading performance in this category. The total customer count increased to a record-high of 100.4 million.Postpaid net customer...

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Russia's Yandex upgrades Moscow DCI network with ADVA

Yandex, Russia's leading search engine, has deployed the ADVA FSP 3000 TeraFlex to upgrade its data center interconnect (DCI) transport network to 600 Gbps.Yandex’s Moscow data centers are now connected in a point-to-point network with ADVA’s high-density TeraFlex terminal. Serving 36 bidirectional 100GbE client ports, the 1RU solution injects new levels of channel capacity and spectral efficiency into Yandex’s network. Built specifically to maximize...

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Ayar Labs raises $35m for its in-package optical interconnect

Ayar Labs, a start-up based in Santa Clara, California closed $35 million in Series B financing for its in-package optical interconnect (I/O) solutions.Ayar Labs said optical I/O (OIO) solves the major computing bottlenecks in interconnect bandwidth, power consumption, and reach.  The company is developing a monolithic in-package optical I/O (MIPO) solution for applications that require high bandwidth, low latency and power-efficient short-reach...

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Movistar Colombia deploys Nokia's Digital Operations software

Telefónica Colombia affiliate, Movistar,is deploying Nokia Digital Operations software to modernize its Operations Support Systems (OSS).Nokia’s Catalog-Driven Fulfillment solution is supporting the operator’s voice, mobile data, value-added and over-the-top services for 3G and 4G, as well as portability requests and VoLTE provisioning for Movistar’s 19 million mobile subscriber and 3 million fixed subscribers and TV users.Nokia says its Digital...

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Infinera posts Q3 revenue of $340 million, up 4.2%

Infinera reported GAAP revenue for the quarter was $340.2 million, up 2.6% compared to $331.6 million in the second quarter of 2020 and up 4.2% from $325.3 million in the third quarter of 2019. GAAP gross margin for the quarter was 31.8% compared to 29.4% in the second quarter of 2020 and 26.7% in the third quarter of 2019. Non-GAAP net income for the quarter was $4.2 million, or $0.02 per share, compared to a net loss of $(17.2) million, or $(0.09)...

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CommScope reports Q3 sales of $2.168 billion, down 8.9% yoy

CommScope reported net sales of $2.168 billion up 3% the preceding quarter but down 8.9% from a year earlier. Net sales declined primarily due to year over year decreases in the Home Networks and Outdoor Wireless Networks segments.CommScope generated a net loss of $(116.3) million, or $(0.66) per basic share, in the third quarter, compared to the prior year period's net loss of $(156.5) million, or $(0.88) per basic share. Non-GAAP adjusted net income...

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MACOM posts sales of $147 million

MACOM Technology Solutions reported revenue of $147.2 million for its fiscal fourth quarter and fiscal year ended October 2, 2020, an increase of 31.2% compared to $112.2 million in the previous year fiscal fourth quarter and an increase of 7.3% compared to $137.3 million in the prior fiscal quarter.Gross margin was 52.8%, compared to 47.2% in the previous year fiscal fourth quarter and 51.6% in the prior fiscal quarter. Net income was $17.5 million,...

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VIAVI posts revenue of $284.7 million, sees growth year ahead

VIAVI reported net revenue of $284.7 million for its first fiscal quarter ended October 3, 2020, down from $299.8 million in the same period a year ago. First quarter of fiscal 2021 GAAP net income was $14.3 million, or $0.06 per share. Non-GAAP net income was $48.3 million, or $0.21 per share."Our OSP business segment delivered an all-time record quarterly revenue driven by strong demand in 3D Sensing and Anti-Counterfeiting products.  Together...

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