Monday, July 31, 2023

Lumen launches Network-as-a-Service (NaaS)

 Lumen Technologies launched its flagship capability on its Network-as-a-Service (NaaS) platform, offering customers “radical flexibility in how they buy, use, and manage networking services.”The Lumen NaaS platform offers a fully digital consumption model allowing customers touse a digital portal or APIs (Application Program Interface) to order and manage services. The first and flagship service on the NaaS platform is Lumen Internet On-Demand,...

Arista posts record Q2 revenue and profits

Arista Networks reported record revenue of $1.459 billion for Q2 2023, an increase of 8.0% compared to the first quarter of 2023, and an increase of 38.7% from the second quarter of 2022. Non-GAAP net income amounted to $501.2 million, or $1.58 per diluted share, compared to non-GAAP net income of $342.7 million, or $1.08 per diluted share in the second quarter of 2022.“Arista again achieves record revenue and profitability for Q2 2023,” said Jayshree...

BT names Allison Kirkby as next CEO, replacing Philip Jansen

BT Group plc selected Allison Kirkby as its next Chief Executive, replacing Philip Jansen as Chief Executive around the end of January 2024 at the latest.Kirkby currently serves as President & CEO of Telia Company since early 2020.  She moved into the TMT sector in 2010, initially joining Virgin Media, and was most recently President & CEO of TDC (2018-2020), the largest telecommunications company in Denmark, and President & CEO...

AMD to invest $400M for R&D in India

AMD plans to invest approximately $400 million investment over the next five years to expand its R&D in India. The planned investment includes a new 500,000-square-foot AMD campus in Bangalore, Karnataka that will serve as the company’s largest design center. The company is looking to add 3,000 new engineering roles by the end of 2028."From a handful of employees in 2001 to more than 6,500 employees today, AMD has grown its India footprint...

Francisco Partners and TPG to privatize New Relic in $6.5B deal

Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, and TPG, a global asset management firm, agreed to acquire New Relic for $87.00 per share in cash. The all-cash transaction values New Relic at an equity valuation of approximately $6.5 billion. The purchase price represents a premium of approximately 26% to New Relic’s 30-day volume-weighted average closing price ending on July 28, 2023.San...

NTT announces stabilization of an electro-optic modulation-based optical frequency comb

NTT Corporation (NTT) and Tokyo Denki University have succeeded in further stabilizing the graduated frequency of an optical frequency ruler generated by modulating the intensity and phase of laser light in an electrical signal.By using this result, it is possible to obtain a light source with a narrow linewidth whose frequency interval is 25 GHz, and it is expected to be applied to high-speed and large-capacity optical communications such as next-generation...

Ceragon names Ilan Rosen as Chairman, succeeding Zohar Zisapel

Ceragon Networks named Ilan Rosen as its new Chairman of the Board, succeeding Zohar Zisapel, who sadly passed away on May 19, 2023.Rosen has been a member of Ceragon's Board of Directors since July 2021. He currently serves as Managing Director in HarbourVest Partners LLC, a global private equity firm with more than 1,000 employees that manages approximately $100 billion worth of investments in various private equity strategies around the globe. From 1997-2012 Mr. Rosen served as Chairman of the Board of Tdsoft LTD which later merged into VocalTec. “I...

In Memoriam: Zohar Zisapel, 1949-2023

Zohar Zisapel, network entrepreneur and co-founder of the RAD Group of companies in Israel, passed away due to cancer on May 20, 2023, at the age of 74.In 1981, Zohar and his brother Yehuda and cofounded RAD Data Communications Ltd.  Its first product was a miniature modem. The company would go on to release its first optical product a few years later, eventually adding many more networking products, and splitting into separate companies under...

Sunday, July 30, 2023

JUPITER 3 geo-sat brings 500G capacity and 300 spot beams

On Friday, July 28, SpaceX’s Falcon Heavy rocket launched the Hughes JUPITER 3 mission to a geosynchronous transfer orbit. Three hours and twenty-eight minutes after lift-off, JUPITER 3 successfully deployed from the launch vehicle and the solar arrays were  unfolded in space to their full ten-story span. The satellite is now transmitting and receiving. It will undergo extensive bus and payload testing before entering service and augmenting...

NTIA readies nearly $1 billion in 2nd round Tribal Broadband

The Department of Commerce’s National Telecommunications and Information Administration (NTIA) announced today the availability of $980 million in funding  under the second round of funding from the Internet for All initiative’s Tribal Broadband Connectivity Program (TBCP). The funding is targeted at Native American, Alaska Native and Native Hawaiian communities for the deployment of Internet infrastructure on Tribal Lands, affordability...

Dell’Oro: AI infrastructure spending propels data center CAPEX

AI infrastructure spending will propel data center capex to over a half trillion dollars by 2027, according to a new report from Dell’Oro Group. However, the report predicts near-term cloud and enterprise capex growth to decelerate as the market undergoes digestion.“Despite near-term data center capes growth headwinds as the major cloud service providers and enterprises optimize their infrastructure, forthcoming technology transitions will stimulate...

DE-CIX expands interconnection footprint to Indonesia

DE-CIX plans to establish a joint venture company PT DE-CIX Indonesia, together with PT IDMarco Digital Solusi, a subsidiary of the Salim Group. The plan is to operate a distributed IX across multiple data centers in Jakarta using the DE-CIX Apollon platform. DE-CIX Jakarta will be connected to the existing DE-CIX ecosystem in Southeast Asia, now covering six metro markets: Jakarta, Singapore, Kuala Lumpur, Johor Bahru, Brunei, and Manila....

TPG Real Estate acquires 80% of Digital Realty’s NoVA data centers

TPG Real Estate will acquire an 80% stake in three of Digital Realty’s hyperscale data centers in Northern Virginia. The deal is structured as a join venture in which Digital Realty retainsa minority interest in the portfolio while continuing to manage the day-to-day operations of the assets.The three hyperscale data centers were contributed to the joint venture at an aggregate value of $1.5 billion.  The assets contain approximately 104 megawatts...

Digital Realty posts Q2 revenue of $1.4 billion, up 20% YoY

 Digital Realty reported revenues for the second quarter of 2023 of $1.4 billion, a 2% increase from the previous quarter and a 20% increase from the same quarter last year.  The company delivered second quarter of 2023 net income of $116 million, and net income available to common stockholders of $108 million, or $0.37 per diluted share, compared to $0.19 per diluted share in the previous quarter and $0.19 per diluted share in the same...

DZS debuts environmentally hardened fiber broadband solutions

DZS introduced an end-to-end, environmentally hardened fiber broadband solution.Highlights of the DZS FiberWay:The DZS Velocity Multi-Terabit OLT systems that deliver industry-leading, non-blocking performance and high density, including XGS-PON combo solutions today and the capacity to upgrade in-place to 50G PON and 100G PON in the futureThe DZS Saber 4400 Optical EDGE Transport platform bringing from 100G to 400G of middle mile transport capacity...

Mitsubishi Electric pursues gallium-oxide wafers

Mitsubishi Electric Corporation acquired an equity position in Novel Crystal Technology, Inc., a Japanese company that develops and sells gallium-oxide wafers. Novel Crystal Technology, one of the world's first companies to develop, manufacture and sell gallium-oxide wafers for power semiconductors, and now a leading producer of these products, has manufacturing technology that Mitsubishi Electric will use in its production of gallium-oxide...

Thursday, July 27, 2023

Broadcom releases Trident 4-X7 Ethernet switch ASIC

Broadcom announced shipment of its new Trident 4-X7 Ethernet switch ASIC— a 4.0 Terabits/second fully programmable switch designed for enterprise data center ToR (Top of Rack) boxes.The Trident 4-X7 offers native support for 400G connectivity to the next-generation spine/fabric technologies, while cutting power per 100G port by more than half versus the current generation solution. The programmable switching chip also offers hardware features for...

AWS Local Zone opens in Phoenix - 34th worldwide

Amazon activated a new AWS Local Zone in Phoenix, Arizona, making a select set of EC2 instance types, EBS volume types, and other AWS services available with single-digit millisecond when accessed locally.The first AWS Local Zone opened in Los Angeles in 2019.AWS now operates Local Zones in 16 other parts of the United States and another 17 around the world, 34 in all. The company says it is planning to build 19 more Local Zones outside of the...

Intel sees significant growth ahead across the AI continuum

Intel reported Q2 revenue of $12.9 billion, down 15% year over year (YoY).The results beat expectations on gross margin and EPS. Intel also raised guidance for the remaining part of the year. GAAP gross margin was 39.1%“Our Q2 results exceeded the high end of our guidance as we continue to execute on our strategic priorities, including building momentum with our foundry business and delivering on our product and process roadmaps," said Pat Gelsinger,...

T-Mobile US reports service revenues of $15.7B, up 3%, raises guidance slightly

T-Mobile US reported Q2 service revenues of $15.7 billion, up 3% year-over-year, and Postpaid service revenues of $12.1 billion, up 5% year-over-year. Net income was $2.2 billion and diluted earnings per share was $1.86 , up $1.95 year-over-year.In addition, the company raised its guidance for Core Adjusted EBITDA, which is now expected to be between $28.9 billion and $29.2 billion, an increase from prior guidance of $28.8 billion to $29.2 billion.“If...

Meta trims CAPEX plans

In its quarterly financial report Meta disclosed plans to lower capital expenditures for full-year 2023 to be in the range of $27-30 billion, lowered from a prior estimate of $30-33 billion. The company said the reduced forecast is due to both cost savings, particularly on non-AI servers, as well as shifts in capital expenditures into 2024 from delays in projects and equipment deliveries rather than a reduction in overall investment plans. Meta...

Juniper posts sales of $1.43B, better than expected results

 Juniper Networks reported quarterly net revenues of $1,430.1 million, an increase of 13% year-over-year and an increase of 4% sequentially. Non-GAAP operating margin was 16.9%, an increase from 13.9% in the second quarter of 2022, and an increase from 14.8% in the first quarter of 2023. Non-GAAP net income was $189.0 million, an increase of 39% year-over-year, and an increase of 21% sequentially, resulting in non-GAAP diluted net income per share of $0.58.“We delivered better than expected results during the June quarter as our teams continued...

Global Telco AI Alliance gets underway

A new Global Telco AI Alliance backed by SK Telecom, Deutsche Telekom, e& and Singtel aims to transform the existing telco business and create new business opportunities with AI services.Under a Memorandum of Understanding (MOU) signed in Seoul, the four carriers agreed to jointly develop a Telco AI Platform to serve as the core foundation for new AI services, including those designed to improve the existing telco services, digital assistants,...

Wednesday, July 26, 2023

AT&T sets sights on profitable 5G and fiber customers, cost cutting

 AT&T posted Q2 revenues of $29.9 billion, up 0.9% year over year, and operating income of $6.4 billion, up 29.3% year over year. Communications Q2  revenues were $28.8 billion, up 0.5% year over year due to increases in Mobility and Consumer Wireline, which more than offset a decline in Business Wireline. Operating income was $7.2 billion, up 7.4% year over year, with operating income margin of 24.9%.“The direction we set three years...

Verizon posts Q2 wireless service revenue growth and cash flow

Verizon reported total operating revenue of $32.6 billion, a decrease of 3.5 percent from second-quarter 2022, however, total wireless service revenue grew 3.8 percent to $19.1 billion. Net income was $4.8 billion, a decrease of 10.3 percent from second-quarter 2022, and consolidated adjusted EBITDA of $12.0 billion, up 0.8 percent year over year.Some highlightsTotal Broadband:Total broadband net additions of 418,000, reflecting a strong demand for...

Orange group revenues climbed 2.6% in Q2

Orange Group revenues in Q2 reached EUR 10,926 billion, up 2.6% over a year earlier.Some highlights:Accelerated revenue growth in the quarter was driven by the performance of retail services[3], which benefited from price increases. Retail services rose 4.3% in 2Q (+3.6% in 1H) and more than offset the continued decline in revenues from wholesale services, which fell 4.1% in 2Q (-5.9% in 1H). Equipment sales again recorded strong growth in 2Q with...

Ribbon posts Q2 revenue of $211 million, rising IP Optical sales

Ribbon Communications Inc. reported revenue for the second quarter of 2023 of $211 million, compared to $206 million for the second quarter of 2022 and $186 million for the first quarter of 2023.International represented 53% of salesEnterprise represented 32% of product sales"Ribbon delivered solid results in the second quarter with sequential and year-over-year growth in both revenue and earnings. IP Optical Networks continued to build momentum...

MaxLinear posts sales of $183.9 million in Q2, cancels Silicon Motion merger

MaxLinear reported Q2 net revenue of $183.9 million, down 26% sequentially and down 34% year-over-year.GAAP gross margin was 55.9%, compared to 56.5% in the prior quarter, and 58.7% in the year-ago quarter.  GAAP diluted loss per share was $0.05, compared to diluted earnings per share of $0.12 in the prior quarter, and diluted earnings per share of $0.40 in the year-ago quarter. Non-GAAP diluted earnings per share was $0.34, compared to $0.74 in the prior quarter, and $1.11 in the year-ago quarter.“Even as we navigate a challenging demand...

NETGEAR posts Q2 net revenue of $173.4 million, looks forward to WiFi 7

NETGEAR posted second quarter 2023 net revenue of $173.4 million, a decrease of 22.3% from the comparable prior-year quarter, however the company says the results are above the high end of previously issued guidance. There was a second quarter 2023 non-GAAP net loss per diluted share of $0.16, as compared to net loss per diluted share of $0.19 in the comparable prior-year quarter.Patrick Lo, Chairman and Chief Executive Officer of NETGEAR, commented, “In the second quarter, NETGEAR delivered revenue of $173.4 million, above the high end of our...

A10 Networks reports s of $65.8M, encouraging signs for 2H2023

A10 Networks reported Q2 revenue of $65.8 million, up 14.1% sequentially from Q1 and in-line with expectations. Non-GAAP net income was $14.5 million, or $0.19 per diluted share (non-GAAP EPS), compared with non-GAAP net income of $13.4 million, or $0.17 per diluted share in the second quarter of 2022.The second quarter results demonstrated sequential improvements consistent with our expectations and our continued focus on our business model,” said Dhrupad Trivedi, President and Chief Executive Officer of A10 Networks. “Spending from large enterprises...

Rakuten Mobile Selects Oracle Policy and Charging

Rakuten Mobile has chosen Oracle Communications' cloud native converged policy and charging solutions to support its4G and 5G services, with plans to onboard to Rakuten Symphony's Symworld™ Marketplace. These solutions will run on Rakuten Symphony's Symcloud Cloud Native Platform (CNP) and will help execute on the operator's vision for an automated, high-performance architecture that easily scales to support consumer and business use cases across...

Tuesday, July 25, 2023

Broadband Forum enables containerized apps on CPE

Broadband Forum is launching significant upgrades to USP 1.3 and TR-181 Device 2.16. The new features establish a standardized, interoperable method for deploying and supporting value-added applications in a containerized framework. The features can be used on all broadband subscriber connected devices, including Wi-Fi routers, set-top boxes, and smart home hubs.Potentially, ISPs could use the capabilities to manage individual smart home...

Microsoft post 26% growth in Azure and other cloud services

Microsoft reported revenue of $56.2 billion for the quarter ending 30-June-2023, up 8% (up 10% in constant currency) compared to a year earlier. Net income was $20.1 billion, up increased 20% (up 23% in constant currency).“Organizations are asking not only how – but how fast – they can apply this next generation of AI to address the biggest opportunities and challenges they face – safely and responsibly,” said Satya Nadella, chairman and chief executive...

Google Cloud revenue rises 28% to $8.03 billion

In its quarterly report, Alphabet reported that Google Cloud generated revenue of $8.031 billion for the quarter, up 28% compared to $6.276 billion a year ago.The company also noted that it has completed an assessment of the useful lives of its servers and network equipment and adjusted the estimated useful life of this equipment from four years to six years and the estimated useful life of certain network equipment from five years to six years. This change in accounting estimate was effective beginning in fiscal year 2023, and the effect was a...

Corning reports lower Q2 optical sales due to near-term dip

Corning reported Q2 GAAP sales of $3.2 billion, up 2% sequentially. Core sales were $3.5 billion, up 3% sequentially, driven by Display Technologies. GAAP and core sales were down year over year, reflecting continued lower demand in several markets.  Second-quarter GAAP EPS was $0.33, up 65% sequentially. In Optical Communications, sales were $1.07 billion, down 5% sequentially and 19% year over year, due to lower volume. The company said...

Intel to manufacture 5G SoC for Ericsson on 18A process

Ericsson has selected Intel’s 18A process and foundry service for its next-generation optimized 5G silicon.18A is Intel's most advanced node on the company's five-nodes-in-four-years roadmap. After new gate-all-around transistor architecture – known as RibbonFET – and backside power delivery – called PowerVia – appear first in Intel 20A, Intel will deliver ribbon architecture innovation and increased performance along with continued metal linewidth reduction in 18A.Under the agreement, Intel will manufacture custom 5G SoCs (system-on-chip) for...

Dell’Oro: Microwave transmission equipment sales continue to grow

The cumulative revenue for Microwave Transmission equipment in the next five years is forecast to be $18 billion, which is 12 percent higher than the revenue achieved in the last five years, according to a recent report from Dell’Oro Group.“Demand for Microwave Transmission gear is on the upswing,” said Jimmy Yu, Vice President of Dell’Oro Group. “The growing number of 5G rollouts occurring globally is feeding the need for more wireless mobile backhaul....