Cisco cuts revenue outlook to (1)% to (5.5)% decline

Citing solid demand and a $15 billion order backlog, Cisco reported $12.8 billion in revenue for its third quarter of fiscal 2022, flat year over year; GAAP EPS $0.73, up 7% year over year, and Non-GAAP EPS $0.87, up 5% year over year.  The top-line revenue number missed earlier guidance of $13.34 billion.Total revenue was flat at $12.8 billion, with product revenue up 3% and service revenue down 8%. Revenue by geographic segment was: Americas...

Read More

Ericsson announces reorganization

Ericsson announced a corporate restructuring aimed at capitalizing on the convergence of software and services and delivering growth in the core business. Arun Bansal, Jan Karlsson and Peter Laurin will leave the Executive Team.A new Business Area Cloud Software and Services is introduced, combining Business Area Digital Services and Business Area Managed Services. Per Narvinger will head up the unit and will be a member of the Ericsson Executive...

Read More

AT&T teams with Cradlepoint for Managed Wireless WAN

AT&T is working with Cradlepoint, now part of Ericsson, to launch AT&T Managed Wireless WAN – a plug-and-play solution that provides quick-to-deploy, secure and flexible wireless cellular connectivity to any number of fixed sites, all managed by AT&T network experts.AT&T Business supplies customers with the Cradlepoint NetCloud service and wireless edge device that is deployed and managed end-to-end by AT&T network experts. It...

Read More

AWS joins Q-NEXT Quantum Center

Amazon Web Services (AWS) has joined Q-NEXT, a quantum research center led by the U.S. Department of Energy's (DOE) Argonne National Laboratory that is developing the science and technology for controlling and distributing quantum information.Q-NEXT's mission is to further quantum R&D and to create a quantum ecosystem. The group now comprises 13 companies, 10 universities and three DOE national laboratories."We are excited to join Q-NEXT so we...

Read More

DISH to resell AT&T Internet services

AT&T and DISH have entered into a distribution agreement that will allow DISH to offer AT&T Internet services, including AT&T Fiber with Hyper-Gig speeds, to prospective, new and existing DISH customers.“At AT&T, we’re constantly thinking of ways we can better serve and provide for our customers. Through this new arrangement with DISH, we’re able to do just that by seamlessly offering our super-fast broadband services to more customers...

Read More

DC BLOX buys dark fiber assets from Light Source and Ascendent

DC BLOX, which operates data centers across the southeastern U.S.,  has acquired the southeastern fiber assets from Light Source Communications and Ascendant Capital Fiber, including a unique dark fiber network connecting South Carolina to Georgia that is currently in development.DC BLOX recently unveiled plans for a new Cable Landing Station (CLS) in Myrtle Beach, South Carolina.  The  acquisition positions DC BLOX as a premier vertically...

Read More

Atherton Fiber builds open access in one of America's wealthiest neighborhoods

A new company called Atherton Fiber has launched in San Mateo County, California offering  1-Gigabit symmetrical broadband service for $65 per month (and 500 Mbps service for $55 per month). The company expects to roll out 2.5-Gigabit symmetrical service later this year.For high-income homes and businesses that want the ultimate in broadband connectivity, Atherton Fiber will deliver 10 Gigabits of symmetrical fiber service for a $10-$15,000...

Read More

SpaceX completes its 3rd Starlink launch this week

On Wednesday, May 18, SpaceX launched 53 Starlink satellites from Launch Complex 39A (LC-39A) at Kennedy Space Center in Florida. It was the 48th Starlink mission.This was the fifth flight for the Falcon 9 first stage booster supporting this mission, which previously launched Arabsat-6A, STP-2, COSMO-SkyMed Second Generation FM2, and now two Starlink missions. It was also SpaceX's third Starlink launch within a week.http://www.spacex....

Read More