NTIA Advances $42.45 billion BEAD Program

The National Telecommunications and Information Administration (NTIA) has approved the initial proposals from Utah, the Commonwealth of the Northern Mariana Islands, and the U.S. Virgin Islands for the Broadband Equity, Access, and Deployment (BEAD) program. This program is a key component of the Biden-Harris Administration’s “Internet for All” initiative, aimed at closing the digital divide by providing affordable, reliable high-speed internet to...

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NTIA launches $1.25 Billion Digital Equity Act Competitive Program

The National Telecommunications and Information Administration (NTIA) hasunveiled nearly $1 billion in funding aimed at ensuring communities have access to necessary devices and digital skills, regardless of background or circumstances. This funding marks the first opportunity under the Digital Equity Act’s $1.25 billion Competitive Grant Program and is a pivotal part of President Biden’s “Internet for All” initiative within his Investing in America...

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T-Mobile and KKR’s JV extends fiber broadband reach across the U.S.

T-Mobile and KKR announced a joint venture partnership to acquire Metronet, enhancing T-Mobile’s digital transformation and expanding its network capacity. As part of the deal, the joint venture will also acquire Oak Hill Capital’s existing stake in Metronet, with Oak Hill and Metronet founder John Cinelli retaining minority positions. T-Mobile is expected to invest approximately $4.9 billion for a 50% equity stake in the JV and 100% of Metronet’s...

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AT&T Q2 Results Highlight Fiber and 5G Growth

AT&T reported strong second-quarter results for 2024, showcasing progress in its 5G and fiber initiatives. The company highlighted durable and profitable customer growth in both sectors, with increasing revenues from Mobility services and broadband. Despite a slight decrease in overall revenues compared to the previous year, AT&T maintained its full-year financial guidance, demonstrating confidence in its ongoing strategies. In Q2, AT&T...

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Nokia Achieves World-First in Full Duplex Wireless Transmission

 Nokia announced a significant breakthrough in wireless communications, achieving the first-ever full duplex transmission for wireless backhaul and fronthaul. This advancement is expected to play a crucial role in the evolution towards 6G and the development of spectrum beyond 100GHz. Operators worldwide have expressed the need for greater spectral efficiency, and Nokia’s innovative approach addresses this demand by enabling simultaneous transmission...

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Microsoft expands capacity with Lumen's Private Connectivity Fabric

Lumen Technologies and Microsoft announced a new strategic partnership leveraging the Microsoft Cloud to enhance Lumen’s digital transformation and significantly expand Microsoft’s network capacity. Specifically, Microsoft has chosen Lumen as a strategic supplier to bolster its network infrastructure. Lumen’s Private Connectivity Fabric will provide dedicated access to Lumen’s extensive fiber network, installation of new fiber routes, and integration...

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CrowdStrike cites errors with its QA process

CrowdStrike published a preliminary Post Incident Review (PIR) regarding the incident that occurred on July 19, 2024, where a content configuration update for the Falcon sensor caused a Windows system crash (BSOD). The issue arose from a Rapid Response Content update intended to enhance telemetry on novel threat techniques. This update, however, led to unexpected system failures on Windows hosts running sensor version 7.11 and above during a brief...

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Dell'Oro: RAN Forecast Revised Downward

 Radio Access Network (RAN) market conditions remain challenging for the broader mobile infrastructure and RAN markets, according to a new report from Dell'Oro Group. Following the 40 to 50 percent increase between 2017 and 2021, the RAN market is now declining, and these trends are expected to prevail throughout the forecast period (2024-2028). However, the pace of the decline should moderate somewhat after 2024."It is not a surprise that there...

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Alphawave Semi Rides AI Wave with Record Q2 Bookings

 Alphawave Semi reported strong Q2 2024 results, with bookings reaching $107.4 million, up 27% year-over-year. The company attributed its success largely attributed to the growing demand for chiplet-based designs in AI and data center applications. Alphawave secured 14 new design wins in Q2, including a significant deal with a major hyperscaler for its 112G and UCIe-based solutions.CEO Tony Pialis highlighted the company's leadership in advanced connectivity solutions, particularly in chiplets for AI and data infrastructure markets. Alphawave...

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Ribbon posts Q2 revenue of $193 million

 Ribbon Communications reported Q2 2024 revenue of $193 million, compared to $211 for the second quarter of 2023 and $180 million for the first quarter of 2024. First half 2024 GAAP Loss from Operations improved $26 million year over year to ($15 million), and Non-GAAP Adjusted EBITDA improved $13 million, or 65%, to $33 million. GAAP and Non-GAAP Gross Margin for the second quarter improved 260 and 240 basis points year over year, respectively."Earnings...

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