Thursday, April 25, 2024

SES activates commercial service on O3b mPOWER System

SES' second-generation, software-enabled O3b mPOWER satellite system is now operational and delivering commercial services.The first six O3b mPOWER satellites are operating at medium Earth orbit (MEO) or 8,000km. SES also has extensive ground infrastructure in place, enabling connectivity services ranging from tens of Mbps to multiple gigabits per second. To date, SES has launched six out of 13 O3b mPOWER high-throughput and low-latency satellites,...

NASA's Deep Space Optical Comms breaks record

NASA's Deep Space Optical Communications (DSOC) experiment, which is onboard the Psyche asteroid mission spacecraft, successfully transmitted engineering data from over 140 million miles (226 million kilometers) away, 1½ times the distance between Earth and the Sun. The near-infrared transceiver’s 22-centimeter aperture telescope is mounted on an isolation-and-pointing assembly that stabilizes the optics and isolates it from spacecraft vibrations. The...

Google Cloud's Q1 revenue jumps to $9.57B, up 28% yoy

Google Cloud revenue jumped 28% year-over-year to $9.57 billion in Q1 2024. Google Cloud's operating income grew nearly 5x to $900 million in Q1 2024, up from $191 million in Q1 2023.Alphabet's overall revenue grew 15% year-over-year to $80.5 billion in Q1 2024, driven by strong performances from Google Search, YouTube, and Google Cloud.Sundar Pichai, CEO, said: “Our results in the first quarter reflect strong performance from Search, YouTube and...

Microsoft Q1 revenue grows to$61.9 billion, up 17%

 Citing robust growth in cloud services, Microsoft reported Q1 revenue of $61.9 billion, up 17% compared to last year. Net income was $21.9 billion, up 20%, and diluted earnings per share was $2.94, up 20%."Microsoft Copilot and Copilot stack are orchestrating a new era of AI transformation, driving better business outcomes across every role and industry,” said Satya Nadella, chairman and chief executive officer of Microsoft.“This quarter Microsoft...

T-Mobile US posts strong Q1, raises guidance

T-Mobile US reported Q1 service revenues of $16.1 billion, up 4% year-over-year. Net income was $2.4 billion, up 22% year-over-year, and diluted earnings per share was $2.00, up 27% year-over-year.“T-Mobile had a great start to 2024 with industry-leading growth in service revenues and profitability,” said Mike Sievert, CEO of T-Mobile. “Even as the rest of wireless saw moderated customer growth, our momentum continued thanks to our increasingly differentiated...

Intel posts Q1 revenue of $12.7B, up 9% yoy

Intel reported Q1 revenue of $12.7 billion, up 9% year over year (YoY). There was GAAP earnings (loss) per share (EPS) attributable to Intel was $(0.09).“We are making steady progress against our priorities and delivered a solid quarter,” said Pat Gelsinger, Intel CEO. “Strong innovation across our client, edge and data center portfolios drove double-digit revenue growth in Intel Products. With Intel 3 in high-volume production, leading-edge semiconductors...

T-Mobile to acquire Lumos and set up Fiber JV with EQT

T-Mobile US has formed a joint venture (JV) with EQT’s Infrastructure VI fund (EQT) that will acquire fiber-to-the-home platform Lumos from EQT’s predecessor fund EQT Infrastructure III.    The JV will bring T-Mobile’s retail, marketing, brand and customer experience strengths together with EQT’s fiber infrastructure investment expertise. Together they will acquire Lumos’ scalable fiber network build capabilities to deliver best-in-class...