Ericsson aims for 5G monetization with $6 billion acquisition of Vonage

Ericsson completed its previously-announced acquisition of Vonage Holdings Corp.  The deal provides Ericsson with a platform for offering a full suite of communications solutions including, Communications Platform as a Service (CPaaS), UCaaS and CCaaS.Ericsson said it aims to transform the way advanced 5G network capabilities are exposed, consumed and paid for. This will provide the global developer community, including Vonage’s more than one...

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Cisco intros Webex Wholesale for Service Providers

Cisco launched a new Webex Wholesale Route-to-Market (RTM) for Service Provider. The new sales model includes a single commercial agreement with each partner and a self-service platform for Service Providers to deliver managed services for Webex, as well as the agility, scalability and flexibility to create their own co-branded offers.The Wholesale partner program features consumption-based billing with fixed, predictable per-user/per-month...

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Nokia's Q2 net sales increased 3% yoy in constant currency

Nokia reported Q2 net sales of EUR 5,873 billion, up 11% year over year in absolute terms and up 3% yoy when accounting for constant currency. Gross margin was 40.2%. EPS was 0.08.Some highlights:Network Infrastructure net sales grew 12% in constant currency, with growth across all four businesses.Mobile Networks returned to growth despite ongoing supply chain constraints.Cloud and Network Services net sales were flat in constant currency. Nokia...

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AT&T chases growth in 5G and fiber

AT&T reported Q2 revenues from continuing operations of $29.6 billion versus $35.7 billion in the year-ago quarter, down 17.1% reflecting the impact of the U.S. Video separation in Q3 2021 and certain other divested businesses. Excluding the impact of these divestitures, operating revenues for standalone AT&T were up 2.2%, from $29.0 billion in the year-ago quarter.AT&T said its results were driven by higher Mobility revenues and, to...

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SK Telecom activates bare-metal 5G Core with Ericsson

SK Telecom has activated a bare-metal cloud-native 5G core network, using Ericsson 5G Core and Cloud Native Infrastructure (CNIS).SKT's cloud-native 5G core is expected to improve traffic processing significantly compared to existing physical-based cores by applying packet acceleration processing, route optimization, and multi-flow control for ultra-high-speed and large-capacity 5G services.The companies have been developing and verifying the cloud-native...

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Samsung's 2nd gen SmartSSD computational drive offloads CPU

Samsung Electronics introduced a second generation of its pioneering SmartSSD computational storage drive that uses a Xilinx Versal Adaptive chip to offload certain data processing functionality from the host CPU.Unlike existing SSDs, Samsung’s SmartSSD can process data directly, thereby minimizing data transfers between the CPU, GPU and RAM. This technology can avoid the bottlenecks that often occur when moving data between storage devices and CPUs,...

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ZEDEDA raises $26 million for edge orchestration

ZEDEDA, a start-up based in San Jose, California, raised $26 million in Series B funding for its edge orchestration solution.ZEDEDA provides a unified orchestration experience across hardware, software, networks and cloud that delivers visibility, control and security. The company says revenue is up 7x year-over-year, while at the same time, its number of nodes under management has risen by 4x. The funding round attracted a range of new and...

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Quantifi Photonics raises $15M for optical test systems

Quantifi Photonics, a start-up based in Auckland, New Zealand, announced US$15 million in Series C funding for its solutions for the high-density photonic test market.Quantifi Photonics plans to offer fully integrated test systems for optical transceivers, silicon photonics and co-packaged optical devices that are emerging from R&D labs onto high-volume production lines. At this year's OFC, the company released a 288-channel optical power meter....

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