Monday, August 9, 2021

China Telecom's 1H2021 revenues rise 13%yoy

China Telecom reported operating revenues of RMB219.2 billion for the first half of 2021, representing an increase of 13.1% year-on-year. Service revenues amounted to RMB203.5 billion, representing an increase of 8.8% year-on-year and surpassing the industry’s average growth rate. EBITDA amounted to RMB66.3 billion, representing an increase of 5.1% over the same period of last year. Net profit amounted to RMB17.7 billion, representing an increase...

DELTA Fiber picks Nokia for optical transport network

DELTA Fiber, which serves about 900,000 addresses throughout the Netherlands, has selected Nokia to provide an optical transport network supporting 400G wavelengths to handle DELTA Fiber’s increased traffic and further expansion of its FTTH rollout. DELTA Fiber will use the Nokia 1830 Photonic Service Switch platforms, powered by Nokia’s Photonic Service Engine technology. This will support DELTA Fiber’s deployment of a new DWDM network, incorporating...

IDC: public cloud infrastructure worldwide revenue at $400B in 2025

The combined Public Cloud IaaS and PaaS market is forecast to have revenues of $400 billion in 2025 with a compound annual growth rate (CAGR) of 28.8% during the 2021-2025 period, according to a recently published forecast from International Data Corporation (IDC). "Enterprise spending on public cloud infrastructure continues to grow faster than traditional IT infrastructure segments," said Andrew Smith, research manager Cloud Infrastructure...

GSA: 5G device designs flood the market

The number 5G devices on the market has surpassed 900 for the first time and now stands at 938 announced 5G devices – an increase of 24.1% over the last quarter, according the GSA. The number of 5G devices understood to be commercially available has similarly grown, by 29.9% over the same period, now exceeds 600 for the first time, reaching 608 devices, which represents 64.8% of the total number of announced 5G devices. Of these commercial 5G devices,...

EXFO: going-private bid increased to US$6.25

EXFO announced 11172239 Canada Inc. has agreed to increase the purchase price for the acquisition of all the issued and outstanding subordinate voting shares of EXFO, from US $6.00 to US $6.25 per subordinate voting share not held directly or indirectly by Germain Lamonde and Philippe Morin. The parties have also amended the arrangement agreement dated June 7, 2021, as amended on July 6, 2021 and July 12, 2021 accordingly. “We have been long...

Texas Rangers' new ballpark deploys Aruba ESP-based network

The Texas Rangers Baseball Club has deployed an end-to-end Aruba ESP-based network at its new 40,518-seat Globe Life Field stadium to power everything from a 5.5-acre retractable roof to an immersive baseball app that enables delivering modern, digitally enhanced game day and special event experiences. The wireless network is comprised of Aruba Wi-Fi 6 indoor access points (APs), outdoor APs, and mobility controllers. For wired networking, the Rangers...