American Tower to acquire Telxius Towers for €7.7 billion

Telefónica agreed to sell Telxius Towers to American Tower Corporation for approximately €7.7 billion (approximately $9.4 billion at current foreign exchange rates), subject to customary closing adjustments. The deal consists of approximately 31,000 existing communications sites in Germany, Spain, Brazil, Chile, Peru and Argentina. In addition, American Tower expects to spend approximately $500 million to construct a committed pipeline of approximately...

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T-Mobile US inks multi-billion-dollar deals with Ericsson and Nokia

T-Mobile US has signed new five-year, multi-billion-dollar agreements with both Ericsson and Nokia for the continued expansion of its 5G network.  Financial terms were not disclosed. Both vendors have been long-term suppliers to T-Mobile.“T-Mobile already has the largest 5G network in the country,” said Neville Ray, T-Mobile President of Technology. “These agreements with our longstanding 5G partners Nokia and Ericsson will help us take our...

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Intel appoints Pat Gelsinger as next CEO

Intel's Board of Directors appointed Pat Gelsinger as the company's new chief executive officer, effective Feb. 15, 2021, replacing Bob Swan.Gelsinger has served as the CEO of VMware since 2012, where he significantly transformed the company into a recognized global leader in cloud infrastructure, enterprise mobility and cyber security, almost tripling the company’s annual revenues. Prior to joining VMware, Gelsinger was president and chief operating...

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NEC to build subsea cable in Palau

The National Submarine Cable Utility Belau Submarine Cable Corporation (BSCC) of the Palau Republic (Palau) has awarded a contract to NEC for the construction of the Palau Cable 2 (PC2) optical submarine cable.The PC2 cable will have a total length of approximately 110km and connect Palau with another high-capacity cable linking southeast Asia to mainland U.S.  The new cable serves as an addition to the first optical submarine cable laid by...

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D-Link offers USB-C to 2.5 Gigabit Ethernet Adapter

D-Link introduced a USB-C to 2.5 Gigabit Ethernet Adapter, enable laptop users to connect with with 2.5X the bandwidth of current Gigabit connections.With ultra-fast 2.5Gbps data transfer rates, the mini DUB-E250 measures smaller in size than a pack of gum, making it easily portable with simple connectivity to an existing PC or laptop. The adapter is backward compatible with existing network equipment eliminating costly, time-consuming equipment...

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India's Lightstorm Telecom Ventures deploys Ciena

 Lightstorm Telecom Ventures (LTV), an independent and carrier-neutral infrastructure provider in India, has deployed Ciena in its metro and long-distance network to support the delivery of low latency and high-capacity digital services. LTV’s network covers more than 10,000 kilometers and 60 data centers in five cities, including Mumbai, Bengaluru, Chennai, Delhi and Hyderabad, as well as strategic subsea cable landing stations providing high-capacity...

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Consolidated Comm Builds 5G-ready network with Ciena

Consolidated Communications, a top-10 fiber provider in the U.S. with 46,300 fiber route miles, is working with Ciena to upgrade its wireline network to support new and emerging 5G services and applications including new FlexEthernet-based slicing options.Specifically, Consolidated will leverage Ciena’s Adaptive IP solutions including the 5164, 5166 and 5170 Routers, along with the 8180 Coherent Networking Platform, to provide standards-based IP...

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Ekinops reports stable revenue trend

Ekinops reported Q4 2020 revenue  €25.3 million, representing a limited decline of 1.0% (compared to €25.6 million in Q4 2019, up 20.7%), and at upper end of the target range. At constant exchange rates, the Group returned to growth in Q4 2020 with a 2% increase in revenue.Ekinops said business activity remaining solid overall at the end of the year despite the tougher health situation.Didier Brédy, Chairman & CEO of Ekinops, made the following...

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