Mobile Networks will be Transformed by xApps and rApps

Open RAN simplifies the ability to do operations at scale. It allows operators to upgrade, manage, and deploy the network in a different way with opportunities to create new services, create new network slices, and open the RAN to third-party vendors for new features and capabilities. In this video, Rob Soni, Head of RAN Infrastructure at VMware, introduces two new logical network elements that can be deployed on cloudified platforms to do intelligent...

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Rakuten Symphony: Disrupting the Mobile Industry

 How can a brand new network become the best network in Japan? In this video clip, Tareq Amin, CEO of Rakuten Symphony, discusses their success in the use of Open RAN to disrupt the mobile market and how they prevailed despite naysayers.https://youtu.be/MclEym6j...

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VMware completes spin-Off from Dell Technologies

VMware completed its spin-off from Dell Technologies. The move provides VMware increased freedom to execute its multi-cloud strategy, a simplified capital structure and governance model, and additional operational and financial flexibility. VMware and Dell said they will continue to partner with each other and to continue support/services to mutual customers.“VMware’s mission is to deliver the trusted software foundation that accelerates our customers’...

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Arista hits Q3 sales of $748M, up 23.7%, raises prices

Arista Networks reported Q3 revenue of $748.7 million, an increase of 5.8% compared to the second quarter of 2021, and an increase of 23.7% from the third quarter of 2020. GAAP gross margin owas 63.9%, compared to GAAP gross margin of 64.2% in the second quarter of 2021 and 63.6% in the third quarter of 2020. Non-GAAP net income was $236.9 million, or $2.96 per diluted share, compared to non-GAAP net income of $192.0 million, or $2.42 per diluted...

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Huawei's revenue continues to decline but company remains profitable

 Huawei reported revenue of CNY455.8 billion (approximately US$71.32 billion) for the first three quarters of 2021. The reported net profit margin was 10.2%. No further details were released.The reported revenue represents a drop of approximately 38% compared with the first nine months of 2020."Overall performance was in line with forecast," said Guo Ping, Huawei's Rotating Chairman. "While our B2C business has been significantly impacted, our...

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ADTRAN reports $138m in Q3 sales, record bookings

 ADTRAN reported Q3 revenue of $138.1 million. Earnings for the third quarter of 2021 were a net loss of $10.4 million and earnings per share was a loss of $0.21. Non-GAAP net loss was $0.8 million and non-GAAP earnings per share was a loss of $0.02. ADTRAN Chairman and Chief Executive Officer Tom Stanton stated, “We are experiencing unprecedented demand, highlighted by our record-setting Q3 bookings – up 43% year-over-year. We continue...

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Keysight appoints Narayanan to head communications business

 Keysight Technologies has appointed Kailash Narayananas as president of its Communications Solutions Group, a $3.3+ billion global business that addresses the design and test solutions needs of the communications ecosystem, including wireless and wireline, as well as aerospace defense and government customers. Most recently, the Communications Solutions Group was led by Satish Dhanasekaran, who assumed the role of Keysight's chief operating...

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GlobalFoundries closes Initial Public Offering

GlobalFoundries announced the closing of its initial public offering of 55,000,000 ordinary shares, 30,250,000 of which were offered by GF and 24,750,000 of which were offered by GF's existing shareholder, Mubadala Investment Company PJSC, at an initial public offering price of $47.00 per share. The shares are listed on the Nasdaq Global Select Market and trade under the ticker symbol "GFS."Morgan Stanley, BofA Securities, J.P. Morgan, Citigroup...

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SK Telecom's new CEO sets sights on AI & Digital

SK Telecom appointed Ryu Young-sang as its new CEO. He previously was president of SKT's MNO Business. Since joining SKT in 2000, CEO Ryu Young-sang has been developing new future growth drivers for SKT and SK C&C. He also built a career as an M&A expert, taking an integral part in the acquisition of SK Hynix in 2012 to expand the business portfolio of the SK Group.SKT said that under the leadership of its new CEO. SKT will evolve into...

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