Verizon completes acquisition of TracFone for prepaid customers

 Following regulatory approval from the FCC, Verizon completed its $6 billion acquisition of TracFone, the largest reseller of wireless services in the U.S., serving approximately 20 million subscribers through a network of over 90,000 retail locations nationwide. The deal positions Verizon as the leading pre-paid, value and premium wireless carrier.Verizon paid  Mexico-based América Móvil a closing consideration of US$3.125 billion in...

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DOCOMO solidifies capital structure with JTOWER

DOCOMO plans to acquire part of JTOWER shares held by NTT Corporation and become a shareholder with 2.5% voting rights in the future.DOCOMO started using the JTOWER's Infra-Sharing solution for its 4G network in 2016 and has expanded the use of the solution nationwide. From October 2020, DOCOMO started using 5G IBS at the time JTOWER installed 5G IBS in the Tokyo Metropolitan Government as the first 5G Infra-Sharing in Japan, and also began...

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Vantage Data Centers cites progress with its massive Phoenix campus

Vantage Data Centers  announced the topping out of its first 32MW data center in Goodyear, Arizona, just outside of Phoenix.This will be the company’s largest North American campus when fully developed at 160MW and second largest globally, after its 270MW Cardiff campus in the U.K.  Located on 50 acres within Goodyear’s “Bullard Tech Corridor,” this growing campus will include three data centers and more than 1 million square feet once...

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LightCounting Forecast: Access Optics 2022-2026

The market for optics for access networks will exceed $7.5 billion cumulatively over the next five years, according to LightCounting's latest Access Optics Report and Forecast.LightCounting predicts sales of PON optics will exceed $3 billion, and sales of grey and WDM transceivers for fronthaul will account for another $2.9 billion from 2022-2026, with the balance being for backhaul and midhaul applications.The report expects that during the forecast...

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Dell'Oro: Supply chain is impacting but not derailing RAN momentum

 The ongoing supply chain shortage impacted the radio access network (RAN) market in the third quarter, with multiple suppliers and operators now raising flags, according to a new report from Dell'Oro Group. However, preliminary estimates suggest that the overall 2G-5G RAN infrastructure equipment market recorded a seventh consecutive quarter of year-over-year growth in the third quarter.“The RAN market remains on track for a fourth consecutive...

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Verizon to deliver global SD-WAN for FM Logistic

Verizon Business has been selected by FM Logistic, an international supplier of supply chain services with a strong customer base in the consumer goods, retail, cosmetic, industrial and health sectors. It employs more than 27,200 people.The secure SD WAN network will run across FM Logistic’s operations in 14 countries and is a fundamental part of the company’s growth and ongoing digital transformation.“With new digital applications on the horizon...

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Compal Electronics deploys Enea's 5G MicroCore for private 5G

Compal Electronics, one of the world’s largest original design manufacturers (ODMs), has deployed the Enea 5G MicroCore to manage data on its private wireless network and enhance its smart manufacturing and Industry 4.0 capabilities. Compal, which based in Taiwan, is leveraging Enea’s 5G MicroCore across a range of smart technologies including agritech, digital healthcare, robotics, and immersive gaming to utilize 5G technology. The ODM needed...

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VMware hits Q3 sales of $3.19 billion, up 11%

VMware announced revenue for the third quarter was $3.19 billion, an increase of 11% from the third quarter of fiscal 2021. Non-GAAP net income for the third quarter was $725 million, or $1.72 per diluted share, up 3% per diluted share compared to $704 million, or $1.66 per diluted share, for the third quarter of fiscal 2021.“We are pleased with our continued strong performance in Q3. This quarter, as we unveiled many new offerings at VMworld, we...

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Nutanix sees quarterly revenue hit $378.5 million, up 21% yoy

Nutanix reported revenue of $378.5 million for its first quarter ended October 31, 2021, up 21% compared to the same period a year ago. Non-GAAP gross margin was 82.1%. “In our first quarter, we achieved record ACV billings, which grew 33 percent year-over-year, and saw 21 percent year-over-year revenue growth, our highest growth in over three years,” said Duston Williams, CFO of Nutanix. “With the continued progress we’ve made on our subscription...

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COVID cancellation: IBC conference in Amsterdam, December 3-6

 Due to the rising number of COVID cases in Holland, the in person IBC2021 event, which was due to take place on December 3-6 at The RAI in Amsterdam, has been cancelled.  A virtual version of the event will still take place.IBC targets the international broadcast community. In 2019, IBC attracted more than 56,000 attendees from 150 countries around the world, exhibiting more than 1,700 of the world's key technology suppliers and showcasing...

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