Tuesday, August 9, 2022

Biden signs CHIPS and Science Act

by James E. CarrollPresident Biden signed the CHIPS and Science Act of 2022, which aims to onshore domestic manufacturing of semiconductors and to substantially increase government funding for science and technology development programs, including the networking and telecommunications fields. The legislation provides $54.2 billion in total appropriations for CHIPS and Public Wireless Supply Chain Innovation (also known as ORAN), and $82.5 billion...

América Móvil spins off its towers business

by James E. CarrollAmérica Móvil completed the spin-off of its telecommunications towers and other associated infrastructure in certain Latin America countries into a new, independent company called Sitios Latinoamérica, S.A.B. de C.V. Sitios Latam is a Mexican company, independent from AMX’s management and capital structure. Its business focuses on the construction, operation and marketing of towers and other structures for the installation...

Türk Telekom maintains balance amidst inflation and other pressures

Citing inflation and other macroeconomic and societal pressure, Türk Telekom Group reported a balanced financial performance in the second quarter, with consolidated revenues increasing by 31.2% YoY to TL 10.7 billion. EBITDA rose to TL 4.4 billion with an EBITDA margin of 41.0%. Net income of TL 1.4 billion grew by 9.4% YoY. Net Debt/EBITDA increased to 1.54x from the previous quarter as the upward trend in FX rates continued.Türk Telekom CEO Ümit...

Dell'Oro: Hyperscalers to lift data center Capex to $377B in 2026

Global data center capex is on track to reach $377 billion by 2026, with the hyperscale cloud service providers accounting for more than half the market total, according to a new report from Dell'Oro Group. “The data center of the future will continue to evolve, with new accelerated computing architectures on the horizon enabling AI applications that are more automated, intelligent, and immersive for end-users,” said Baron Fung, Research Director...

Kajeet and Samsung collaborate on Private 5G

Kajeet, which specializes in private wireless and managed IoT connectivity solutions, will become an authorized distributor of Samsung’s private RAN solutions in the U.S.The collaboration matches Kajeet’s Smart Private 5G Platform with Samsung’s Citizens Broadband Radio Service (CBRS) solutions. Samsung’s CBRS products to be deployed by Kajeet include its Massive MIMO 64T64R macro cell and 4T4R 4G/5G radio. Certified by the OnGo® Alliance, these...

Airspan adds 60 Private 4G/5G networks in Q2

Airspan Networks reported revenue of $46.9 million for the second quarter ended June 30, 2022, up 25% sequentially from first quarter 2022, and up 12% year-over-year. Gross margin was 40.1% compared to 32.1% in first quarter 2022, and 45.7% in second quarter 2021. There was a net loss of $21.0 million, compared to a net loss of $29.7 million in first quarter 2022, and a net loss of $10.4 million for second quarter 2021.“We continue to execute our...

SpaceX launches 52 more Starlinks from Florida

SpaceX launched 52 Starlink satellites from Launch Complex 39A (LC-39A) at Kennedy Space Center in Florida.The Falcon 9 first stage booster supporting this mission, which previously launched SES-22 and now two Starlink missions.The mission was SpaceX’s 55th Starlink mission to date. It was SpaceX's first Starlink mission in August and 21st Starlink mission this year.http://www.spacex....