Monday, August 2, 2021

AT&T completes DIRECTV deal

AT&T and TPG Capital completed their previously announced transaction establishing a new company named DIRECTV. The new company will own and operate the DIRECTV, AT&T TV and U-verse video services previously owned and operated by AT&T. DIRECTV had approximately 15.4 million premium video subscribers at the end of the second quarter of 2021.AT&T contributed its U.S. video business unit to the new entity in exchange for preferred...

SpaceLink to test 10G link to ISS

SpaceLink was selected by the Center for the Advancement of Science in Space (CASIS), manager of the International Space Station U.S. National Laboratory, for a funded demonstration of its end-to-end relay service between spacecraft and the ground. The demonstration will validate the use of a 10 Gbps optical terminal, for real-time voice, video, and data exchange between ISS crew, onboard systems, experiments, and terrestrial users.SpaceLink...

Vantage Data Centers commits to Net Zero Carbon emissions

Vantage Data Centers has committed to achieve net zero carbon emissions globally by 2030. Vantage said its goal specifically targets reductions for emissions that the company directly controls, Scope 1 and 2 emissions, as well as reductions that it can guide or influence throughout its supply chain. Vantage is creating interim reduction targets that are in alignment with the Science Based Target Initiative (SBTi) methodology, which defines and...

Taiwan's Chunghwa Telecom exceeds 1 million 5G subs

Chunghwa Telecom's total revenues for the second quarter of 2021 increased by 3.8% to NT$ 49.60 billion."We are pleased with Chunghwa's remarkable achievements in the second quarter," said Mr. Chi-Mau Sheih, Chairman and CEO of Chunghwa Telecom. "We maintained our leading market position in the mobile business sector, and I would like to express my personal gratitude to all of our employees navigating the challenging operating environment in the...

Arista's Q2 sales hit $707 million, up 31% yoy

Arista Networks reported Q2 revenue of $707.3 million, an increase of 6.0% compared to the first quarter of 2021, and an increase of 30.8% from the second quarter of 2020. GAAP gross margin was 64.2%, compared to GAAP gross margin of 63.7% in the first quarter of 2021 and 63.7% in the second quarter of 2020. Non-GAAP net income was $216.8 million, or $2.72 per diluted share, compared to non-GAAP net income of $167.0 million, or $2.11 per diluted...

Ampere to acquire OnSpecta for its inference software

Ampere has agreed to acquire OnSpecta, a start-up based Redwood City, California offering AI inference optimization software.  Financial terms were not disclosed.OnSpecta claims its Deep Learning Software (DLS) AI optimization engine can deliver significant performance enhancements over commonly used CPU-based machine learning (ML) frameworks. The companies said they have already demonstrated over 4x acceleration on Ampere-based instances running...

Digital Realty to build another 64-Megawatt data center in Seoul

 Digital Realty will develop a new 64-megawatt data center in in Seoul, South Korea. The facility will be located in Gurae-dong, Gimpo City in northwest Seoul, approximately 23 kilometers from Digital Seoul 1 (ICN10), Digital Realty's first facility in South Korea, which is currently under construction and scheduled for delivery in the fourth quarter of 2021.  The new, multi-story facility, Digital Seoul 2 (ICN11), is expected to encompass...

Ceragon posts Q2 revenue of $68.6 million

Ceragon Networks posted Q2 revenue of $68.6 million, up 9.9% from $62.4 million in Q2 2020 and up 0.4% from $68.3 million in Q1 2021. The increase from Q2 2020 is mainly attributed to stronger sales in North America and India. Net loss was $(1.7) million, or $(0.02) per diluted share compared with $(5.5) million, or $(0.07) per diluted share for Q2 2020 and $(1.2) million, or $(0.01) per diluted share for Q1 2021.Doron Arazi, the newly appointed...