Thursday, January 25, 2024

Frontier is first SP in North America to offer Nile’s AI-driven NaaS

Frontier is introducing Network-as-a-Service (NaaS) powered by Nile's AI-driven platform. The service provides enterprises with scalable wired and wireless networks via the cloud on a subscription basis with no up-front costs. The Nile NaaS platform has built-in security features and uses AI to make automatic upgrades and proactively detect and resolve service issues, ensuring better network performance.Frontier delivers high-speed, reliable fiber...

Dell'Oro: Data Center Spending to hit 18% CAGR over next 5 Years

 Worldwide data center capex is forecast for a compound annual growth rate of 18 percent as investments shift towards AI, according to a new report from Dell'Oro Group. The report anticipates accelerated computing that are optimized AI workloads will account for a quarter of the data center capex.“Accelerated computing optimized for domain specific workloads such as AI is forecast to exceed $200 billion by 2028, with the majority of the investments...

T-Mobile US adds 540K fixed wireless customers in Q4 2023

T-Mobile US reported total Q4 2023 service revenues of $16.0 billion, up 3% year-over-year and up 3% year-over-year to $63.2 billion in 2023.  Net income increased 36% year-over-year to $2.0 billion in Q4 2023 and increased 221% year-over-year to $8.3 billion in 2023, which included Merger-related costs, net of tax, of $775 million. Diluted EPS increased year-over-year to $1.67 per share in Q4 2023 and increased year-over-year to $6.93 per share...

Intel posts stronger Q4 sales of $15.4 billion

Intel reported Q4 2023 revenue of $15.4 billion, up 10 percent year-over-year (YoY). Full-year revenue was $54.2 billion, down 14 percent YoY. Fourth-quarter earnings per share (EPS) attributable to Intel was $0.63; non-GAAP EPS attributable to Intel was $0.54.“We delivered strong Q4 results, surpassing expectations for the fourth consecutive quarter with revenue at the higher end of our guidance,” said Pat Gelsinger, Intel CEO. “The quarter capped...

Nokia's sales dropped 21% in Q4 as it looks to stabilizing trends

Citing ongoing macroeconomic uncertainty that puts pressure on operator spending, Nokia reported Q4 2023 sales of EUR 5.707 billion, a decline of 21% y-o-y in constant currency (-23% reported). Q4 comparable diluted EPS was EUR 0.10; reported diluted EPS was EUR -0.01. Full year net sales declined 8% y-o-y in constant currency (-11% reported).The company said it sees signs of stabilization with improving order trends.Some highlights:Enterprise segment...

Kyndryl adds Security Edge Services with Cisco

Kyndryl introduced two enterprise security edge services, in collaboration with Cisco, for addressing and responding to cyber incidents.The new security edge services introduced by Kyndryl are:Kyndryl Consult Security Services Edge (SSE) with Cisco Secure Access -- designed to provide a modular and unified approach for consulting and implementing a SSE architecture with Cisco's technology. Kyndryl Managed SSE with Cisco Secure Access -- introduces...

Nokia signs 5G patent cross-license agreement with OPPO

Nokia signed a multi-year patent cross-license agreement with OPPO. Under the agreement OPPO will make royalty payments, along with catch-up payments to cover the periods of non-payment. The agreement resolves all pending patent litigation between the parties, in all jurisdictions. The terms of the agreement remain confidential as agreed between the parties.Jenni Lukander, President of Nokia Technologies, said: “We are delighted to have reached...