China Mobile now serves 251 million 5G customers

China Mobile reported revenue of 443.6 billion yuan for the first half of 2021, up 13.8 percent year-on-year. First-half net profit rose 6 percent year-on-year to 59.1 billion yuan ($9.13 billion). Profit attributable to equity shareholders reached RMB59.1 billion, or RMB2.89 per share, up by 6.0% year-on-year. Capital expenditure was RMB86.0 billion. Mr. Yang Jie, Chairman of the Company commented, "In the first half of 2021, facing a complex...

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Vertical Systems: Mid-2021 Global SD-WAN LEADERBOARD

Vertical Systems Group announces that the following seven companies achieved a position on the Mid-2021 Global Provider Carrier Managed SD-WAN LEADERBOARD (in rank order based on site share outside of home country as of June 30, 2021): Orange Business Services (France), AT&T (U.S.), Verizon (U.S.), NTT (Japan), BT Global Services (U.K.), Telefonica Global Solutions (Spain) and Vodafone (U.K.). This industry benchmark for multinational SD-WAN...

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ADVA introduces a 25G Layer 2 demarcation device

ADVA introduced a Layer 2 demarcation device for 25Gbps connectivity services, including 5G sites and cable networks adopting DOCSIS 4.0.The compact ADVA FSP 150-XJ128 device supports 25Gbit/s Ethernet services with sophisticated OAM capabilities. It features fanless operation and an extended temperature range, removing the need for expensive air-conditioning. The FSP 150-XJ12 offers hardware-assisted synchronization features and also meets the most...

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ZTE wins high-end router contract from China Mobile

ZTE won the bid for Section 3 (high-end router level 3) and Section 5 (high end router level 5) with the second highest scores in China Mobile’s centralized procurement of high-end routers for the year 2021-2022.This is the largest centralized procurement for high-end routers and switches by China Mobile since 2020. The equipment that ZTE provides will be respectively deployed in China Mobile’s MAN core, 5GC network cloud and UPF scenarios in many...

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SpaceLink picks Mynaric for optical inter-satellite terminals

SpaceLink awarded a contract valued at $28 million to Mynaric for optical inter-satellite link (OISL) terminals for satellites in Medium Earth Orbit (MEO).Mynaric expects to ship SpaceLink's first units during the first quarter of 2023. The final details of this agreement are just the beginning of a strategic partnership designed to bring fast, highly secure and continuous communications between spacecraft and the ground. Our industrialized...

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Rockley Photonics to begin trading on NYSE as RKLY

Rockley Photonics, a leading global silicon photonics firm, completed its business combination with SC Health Corp. The combined company will retain the Rockley Photonics, Ltd. name as a subsidiary of Rockley Photonics Holdings, Ltd., which will commence trading on the NYSE under the new ticker symbol “RKLY” on August 12. The approximately $167.8 million in gross proceeds available to Rockley following the combination is expected to enable the...

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Sierra Wireless posts Q2 sates of $133 million, up 19% yoy

Sierra Wireless reported Q2 revenue of $132.8 million, an increase of 18.9% compared to $111.7 million in the second quarter of 2020. Gross margin was 34.8% in the second quarter of 2021 compared to 36.7% in the second quarter of 2020. The decrease was primarily impacted by increased component costs. Adjusted net loss from continuing operations was $1.1 million, or loss of $0.03 per share, in the second quarter of 2021 compared to $13.0 million,...

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VIAVI posts revenue of $310.9 million, up 16.6% yoy

VIAVI reported quarterly revenue of $310.9 million, up $44.3 million or 16.6% year-over-year. GAAP net loss was $(1.9) million, or $(0.01) per share. Non-GAAP net income was $52.8 million, or $0.22 per share."VIAVI had a strong finish to fiscal year 2021 with a record $1.20 billion in revenue and non-GAAP EPS at $0.83.  Fiscal Q4 posted record revenue and non-GAAP profitability for a June quarter as it exceeded the high end of the guidance range...

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