Telefónica and partners establish Bluevia for wholesale FTTH in Spain

Telefónica Group, Crédit Agricole Assurances, and Vauban Infrastructure Partners agreed to establish a joint venture called Bluevia Fibra to deploy and operate a FTTH network in Spain, mainly in rural areas and with limited overlap with other networks.The consortium formed by CAA/Vauban will acquire a 45% stake in Bluevia from Telefónica España through an upfront consideration of €1,021 million in cash, valuing 100% of Bluevia at €2,500 million,...

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Nokia expects 5G subs to hit 263 million in the Middle East and Africa

Nokia is predicting that 5G subscriptions will reach 263 million in the Middle East and Africa (MEA) region by 2026. The 5G subscription growth will primarily be in Gulf Cooperation Council (GCC) countries, including Saudi Arabia, the UAE, Qatar, Oman, Kuwait and Bahrain. Additionally, subscribers in South Africa, Nigeria and North African countries will increase adoption following the release of new spectrum. This trend is triggered by...

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STACK opens 3rd data center in Milan

STACK Infrastructure opened its third data center in Milan (Siziano). The new facility, constructed in less than 12 months on a land parcel it acquired in 2021, brings the company’s live data center capacity in Italy to 120,000 square meters and more than 50MW of power. The new facility runs on 100% renewable energy, utilizes multiple built-in energy-saving features including photovoltaic panels and heat isolation infrastructure, and prequalifies...

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T-Mobile US sees its customer count rise to 110 million

T-Mobile US reported service revenues of $15.3 billion, up 6% year-over-year, including industry-leading Postpaid service revenue growth of 9% and best postpaid phone ARPU growth in more than 5 years. Net loss of $108 million and diluted (loss) per share of $(0.09) decreased year-over-year due to merger-related costs and other special expense items amounting to $1.9 billion, net of tax, or $1.52 per share.“Our relentless focus on putting customers...

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MaxLinear posts Q2 revenue of $280 million, up 36% yoy

 MaxLinear reported Q2 2022 revenue of $280.0 million, up 6% sequentially and up 36% year-over-year. GAAP gross margin was 58.7%, compared to 58.6% in the prior quarter, and 54.8% in the year-ago quarter. GAAP diluted earnings per share was $0.40, compared to diluted earnings per share of $0.42 in the prior quarter, and diluted earnings per share of $0.01 in the year-ago quarter. Non-GAAP diluted earnings per share was $1.11, compared to diluted...

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NETGEAR reports solid demand and improving supply chain

NETGEAR reported Q2 2022 revenue of $223.2 million, a decrease of 27.7% from the comparable prior year quarter. Second quarter 2022 non-GAAP net loss per diluted share of $0.19, as compared to net income per diluted share of $0.66 in the comparable prior year quarter.Patrick Lo, Chairman and Chief Executive Officer of NETGEAR, commented, “In the second quarter, we delivered both revenue and non-GAAP operating margin above the high end of our guidance...

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