Thursday, August 25, 2022

T-Mobile US and SpaceX plan satellite-to-cellular service

T-Mobile US entered a technology partnership with SpaceX that will create a new network, broadcast from Starlink’s satellites using T-Mobile’s mid-band PCS spectrum nationwide. This will enable satellite-to-phone connectivity using existing phones.Coverage will initially be over the United States, its territories and parts of the open ocean. T-Mobile US is inviting other global mobile operators to join in a reciprocal coverage agreement.In a press...

CHIPS and Science Act funding processes get underway

 President Biden signed an Executive Order to implement the semiconductor funding in the bipartisan CHIPS and Science Act of 2022.The order establishes an interagency CHIPS Implementation Steering Council, which will be  co-chaired by National Economic Director Brian Deese, National Security Advisor Jake Sullivan, and the Acting Director of the Office of Science and Technology Policy, Alondra Nelson. The order also  establishes...

Nokia and Google test 5G network slicing on Android

Nokia and Google completed a round of testing of slice selection functionality on 4G/5G networks using UE Route Selection Policy (URSP) technology and Google Pixel 6 (Pro) phones running Android 13. The goal is to enable 5G network slicing services and enhance the customer application experience of devices with Android 13.Specifically, URSP capabilities enable a smartphone to connect to multiple network slices simultaneously via different enterprise...

Marvell sees supply constraints ease

Marvell Technology reported revenue for the second quarter of fiscal 2023 of $1.517 billion, consistent with the midpoint of the company's guidance provided on May 26, 2022. GAAP net income for the second quarter of fiscal 2023 was $4 million, or $0.01 per diluted share. Non-GAAP net income for the second quarter of fiscal 2023 was $486 million, or $0.57 per diluted share. Cash flow from operations for the second quarter was $331.5 million."In...

Dell's server and networking sales rise 16% yoy

Dell Technologies reported record Q2 revenue of $26.4 billion, up 9%, driven by growth across Client Solutions Group (CSG) and Infrastructure Solutions Group (ISG). Operating income was $1.3 billion, up 25%, representing 4.8% of revenue, and non-GAAP operating income was $2 billion, up 4%, representing 7.4% of revenue. Net income from continuing operations was $506 million and non-GAAP net income was $1.3 billion. Diluted earnings per share was $0.68,...

VMware's Q2 revenue rose 6% to $3.34 billion

VMware reported revenue for the second quarter of $3.34 billion, an increase of 6% from the second quarter of fiscal 2022. GAAP net income for the second quarter was $347 million, or $0.82 per diluted share, down 16% per diluted share compared to $411 million, or $0.97 per diluted share, for the second quarter of fiscal 2022. Non-GAAP net income for the second quarter was $697 million, or $1.64 per diluted share, down 6% per diluted share compared...

Singtel to sell a 3.3% stake in Airtel back to Bharti Telecom

Singtel will sell a 3.3% direct stake in regional associate Airtel to Bharti Telecom, a joint venture between Bharti Enterprises and Singtel,The sale will unlock approximately S$2.25 billion as part of the Singtel Group’s capital recycling strategy. After this transaction, the Singtel Group is expected to own an effective stake of 29.7%, which is estimated to be worth S$22 billion. This comprises a 19.2% indirect stake through Bharti Telecom and...

ZEDEDA builds its executive team

ZEDEDA, a start-up based in San Jose, California, focused on edge orchestration, announced the following changes to its executive team:Erik Nordmark, a co-founder of the company, has been promoted to Chief Technology Officer.Paul Campaniello has been named Vice President of Marketing.Michael Maxey has been named VP of Business Development. Raghu Vatte moves into the VP of Product Management and Customer Success role. “Edge computing is...