Novva Data Centers raises $355 million for continued expansion

Novva Data Centers, which operates data center campuses in Colorado Springs, Colorado, and West Jordan, Utah, raised $355 million in capital from CIM Group, bringing the company's total equity commitment to Novva to $450 million in just over two years.The funding will support Novva's plans to expand across the United States in order to offer 1,000 MW of designed data center capacity by 2027 at several strategic, yet-to-be-named locations. It...

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Dell'Oro: Strong growth for optical transport solutions in the Americas

The worldwide Optical Transport equipment market grew 2 percent year-over-year in 1Q 2022, according to a new report from Dell'Oro Group.  The market was driven by the stellar growth in the American regions, comprising North America and Latin America."Growth in Americas more than offset declines in other regions," said Jimmy Yu, Vice President at Dell'Oro Group. "There was definitely strong demand for optical equipment in North America and Latin...

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Tech Update: Market Traction for MEF LSO APIs

https://youtu.be/evRXR5HLXPsMEF Lifecycle Service Orchestration (LSO) is a reference architecture and framework for enabling end-to-end automation and orchestration, across multiple provider networks.  LSO defines the reference points between key functions within the service provider and extending out to the enterprise and the cloud. MEF standardizes these reference points, developing information models, business requirements and use cases,...

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ADVA launches GPS-backup-as-a-service

ADVA introduced a GPS/GNSS-backup-as-a-service (GBaaS) that employs a combination of multi-layer detection, multi-source backup and fault-tolerant mitigation to render timing networks more secure. Embedded in all timing devices, ADVA’s Syncjack technology provides comprehensive and precise synchronization performance monitoring and analytics, enabling the Ensemble Sync Director network management suite to intelligently operate and prioritize multi-source...

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HPE reports Q2 sales of $6.7B, strong demand, supply chain issues

Citing strong customer and growth in subscription sales, Hewlett Packard Enterprise reported Q2 revenueof $6.7 billion, up 0.2% and 1.5% adjusted for currency from the prior-year period and in line with Q2 outlook. Diluted net earnings per share (GAAP) were $0.19, flat from the prior-year period primarily due to $126 million of Russia-related charges. Non-GAAP earnings amounted to $0.44, down 4% from the prior-year period due to impact from Russia-related...

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Ligado picks Sony for IoT chips for its 5G satellite service

Ligado Networks has selected Sony Semiconductor Israel  to develop chipsets for Ligado's 5G mobile satellite network for the Internet of Things (IoT).As a leading provider of cellular IoT chipsets, Sony will build on extensive design efforts and standards coordination to adapt 5G IoT technology and manufacture IoT chipsets that are compatible with Ligado's L-band MSS spectrum, which 3GPP has standardized as Band 255 for Non-Terrestrial Networks....

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Kajeet picks ONF’s Aether Private 5G open source platform

Kajeet has selected Open Networking Foundation's (ONF's) Aether platform to build their own private 5G Networks-as-a-Service offering. The Kajeet solution provides a cloud-based platform providing enterprises Private LTE and 5G, both indoor and outdoor, with seamless mobility between public and private cellular networks, as a turnkey cloud-managed Network-as-a-Service.Kajeet’s Private 5G platform provides cloud-based SIM management, device and network...

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Telia sells 49% stake in its Swedish tower business to Brookfield and Alecta

 Telia sold 49 percent of its tower business in Sweden to Brookfield and Alecta at a price corresponding to an enterprise value (EV) for 100 percent of SEK 11,224 million (US$1,140 billion) on a cash and debt free basis. The valuation of the Swedish tower business equals 28.2x normalized EBITDA 2021.Allison Kirkby, Telia Company President and CEO, says: “We are delivering on our strategy to both develop and crystalize the value of our digital...

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TIM and Open Fiber contemplate merger

TIM and Open Fiber and major investors reached a preliminay integration agreement aimed at accelerating the rollout of fiber broadband across Italy.The deal would create a single, non-vertically integrated telecommunications network operator, controlled by CDPE and invested in by Macquarie Asset Management and Kohlberg Kravis Roberts (KKR). The transaction may be structured by separating TIM's fixed network infrastructure activities from its commercial...

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EFFECT Photonics opens regional HQ in Maynard, MA

EFFECT Photonics, which is a developer of integrated coherent optics solutions and a spin-off from the Eindhoven University of Technology in the Netherlands,  opened its Americas Headquarters in Maynard, Massachusetts. The new facility provides further support for North and South American customers and partners as well as for global customers with operations in the region.EFFECT Photonics aims to democratize photonics technology by making complex...

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