Padtec's powers DWDM network along the bed of the Amazon

Padtec is supplying its DWDM equipment for a high-capacity network that runs along the bed of the Amazon river in the north of Brazil. 

In the first phase of Norte Conectado, a program operated by a consortium of telecommunications companies under Brazil's Ministry of Communications (MCom), Alloha Fibra, the largest independent optical fiber operator in Brazil and the third-largest fiber company in the country, will deploy Padtec’s DWDM solution to increase the transmission capacity of the longest section of the sub-river network.

Over 300 kilometers long, this segment connects Macapá, the capital of Amapá state, to the city of Almerim in Pará state, via the bed of the Amazon River. Padtec’s 800 Gbps transponder enables a record transmission capacity of 250 Gbps per optical channel in this section of the network. 

“Before this, the maximum rate achieved was 200 Gbps per optical channel. With this increase of 50 Gb/s, we brought high-capacity connectivity to more than 22,000 end customers, contributing to the digital and social inclusion of this location,” says Rubens Costa, Network Manager at Wire. “In addition to the technical expertise to develop solutions that meet the networks demands, Padtec’s technical support is an important differentiator for us. The company is always available to discuss and understand our needs and propose the most appropriate technical solution,” he adds.

“One of the technical differentials of this generation of transponders is the Coupled Mode functionality, which enables intermediate transmission rates, for example, 50, 150, and 250 Gbps, and not just in windows of 100 Gbps,” explains Roberto Nakamura, Director of Technology at Padtec. 

“For our customers, this means more flexibility and lower cost per bit for expanding the capacity of their networks,” concludes Nakamura.  “We are pleased to contribute, once again, to the advancement of connectivity in the North region of Brazil, with state-of-the-art DWDM equipment. After all, one of the great benefits of connectivity is the promotion of regional development by allowing effective integration between the different regions of the country and the world”, emphasizes Carlos Raimar Schoeninger, CEO and Investor Relations Officer at Padtec.

https://www.padtec.com.br/en/the-sub-fluvial-network-of-the-norte-conectado-program-reaches-record-capacity-in-a-section-using-padtecs-dwdm-solution/

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Cisco allows customers to defer payments till 2024

Cisco announced a program that will allow customers purchasing products or solutions before July 29, 2023, to defer all payments until 2024. All Cisco solutions are eligible for this new Cisco Capital Business Acceleration Program, including hardware, software, and services, as well as select partner services and third-party hardware. To complement the initiative, the Cisco Refresh portfolio of Cisco certified remanufactured products is also eligible for the Cisco Capital Business Acceleration Program, helping organizations acquire competitively priced and ready-to-ship hardware.

Cisco said payments deferred until 2024 would be based on the total amount financed and contract terms. 

“The Cisco Capital Business Acceleration Program is in response to customer and partner requests to help mitigate financial challenges based on overall market uncertainty and the impact that it is having on their businesses. Our goal is to provide payment options that allow continuous technology investment to maintain productivity and business continuity while minimizing cash outlays,” said Kristine A. Snow, SVP and President, Cisco Capital. “Customer success is our priority. The new program is designed with this in mind and will help address some of our customers’ most pressing concerns.”

https://newsroom.cisco.com/c/r/newsroom/en/us/a/y2023/m05/cisco-launches-program-for-customers-and-partners-to-accelerate-technology-investments.html

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ANELLO brings its SiPhOG gyroscope to NVIDIA program

ANELLO Photonics, a start-up based in Santa Clara, California, has joined NVIDIA Inception, a program designed to nurture startups revolutionizing industries with technology advancements.

ANELLO is focused on building low-noise and low-drift optical gyroscope smart sensors leveraging its  patented photonic integrated circuit technology. 

The ANELLO Silicon Photonic Optical Gyroscope (SiPhOG), which is the smallest optical gyroscope in the world, enables reliable and accurate navigation and positioning across many autonomous applications in GPS-denied environments. With the ANELLO SiPhOG integrated into a range of Inertial Navigation Systems (INS) and solutions, customers have access to a more stable, accurate and robust sensor for their autonomous applications.

"We are incredibly excited to be part of the NVIDIA Inception program," said Dr. Mario Paniccia, CEO of ANELLO Photonics. "Being part of the Inception program will enable us to not only work more closely with NVIDIA and their vast network of customers and partners but will also allow us to access very powerful tools to further improve our technology and accelerate our product development overall."

https://www.anellophotonics.com/

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Western Digital provides update on hacking incident

On March 26, 2023, Western Digital was hit by a network security incident where an unauthorized third party gained access to a number of the company’s systems. The company's My Cloud service, which has been offline since April 2, was restored as of April 13.

Western Digital confirmed that an unauthorized party obtained a copy of a Western Digital database used for its online store that contained some personal information of its online store customers. This information included customer names, billing and shipping addresses, email addresses and telephone numbers. In addition, the database contained, in encrypted format, hashed and salted passwords and partial credit card numbers. We will communicate directly with impacted customers.

Western Digital also noted:

• The majority of  impacted systems and services are now operational. 
• Western Digital factories are and have been operational throughout this incident and the company is shipping products. 
• Following the breach, certain other information about the company has been made public. Wester Digital investigating the validity of this data and will continue reporting findings as appropriate.
• Regarding reports of the potential to fraudulently use digital signing technology allegedly attributed to Western Digital in consumer products, the company can confirm that it has control over its digital certificate infrastructure.

https://www.westerndigital.com/company/newsroom/press-releases/2023/2023-05-05-western-digital-provides-update-on-network-security-incident

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Orange Jordan picks Nokia for RAN

Orange Jordan selected Nokia to supply 5G Radio Access Network (RAN) equipment throughout the Kingdom of Jordan.

Nokia will supply 5G RAN equipment from its  AirScale portfolio powered by its ReefShark System on Chip (SoC) technology to replace Orange Jordan’s entire existing RAN network. Orange Jordan aims to provide 5G services to 50 percent of the population within four years followed by five percent year-on-year growth.

The deal includes the latest generation massive MIMO radios with support for high RF bandwidth as well as AirScale Baseband and Dual-band Remote Radio Head (RRH) products. In addition, Nokia will supply its Single RAN solution that enables one base station to run 5G, 4G, 3G, and 2G technologies simultaneously, helping Orange Jordan achieve more efficient site solutions across their network.

Orange Jordan will also utilize Nokia’s NetAct network management system to enable a consolidated network view for improved network monitoring and management. Nokia will also provide digital design, deployment as well as technical support services.

Tommi Uitto, President of Mobile Networks at Nokia, said: “5G technology will have an evolutionary impact on the Kingdom of Jordan stimulating growth and enabling advanced services for the benefit of both industries and consumers. We are delighted to continue our long-standing partnership with Orange Jordan to support the country’s path to digital transformation.”

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Canada's Eastlink extends 5G rollout with Ericsson

Eastlink, a Canadian service provider based in Nova Scotia, extended its 10-year supply partnership with Ericsson.

Ericsson will begin to supply 3500MHz mid-band radios and enhanced core network support for voice and data. Eastlink launched its 5G network powered by Ericsson technology in March 2022, with the activation of its first sites in Halifax, Nova Scotia. The two companies have since been working together to build robust 5G infrastructure that will help transform industries and dramatically enhance day-to-day experiences for its customers. As part of this newly expanded partnership, the companies will activate Eastlink’s 3500MHz spectrum, which will further enhance coverage, lower latency and deliver even faster speeds.

“Eastlink has a strong commitment to ensuring our customers have access to the latest technology and services wherever they are, for their work and life online,” said Jeff Gillham, CEO, Eastlink. “Continuing our partnership with Ericsson, a global leader in the industry, will help us provide customers with the full scope of next-generation 5G experiences.”

”5G has the power to transform our lives and businesses, and our longstanding partnership has helped ensure Eastlink’s customers have access to world-class 5G technology,” said Jeanette Irekvist, President, Ericsson Canada. "We are proud to continue our journey together as we deliver innovations and enhanced experiences for years to come through robust, reliable and sustainable next-generation networks.”

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ESnet activates 100 Gbps links to CENIC and Pacific Wave

The Energy Sciences Network (ESnet) has activated 100 Gbps connections in Los Angeles to the Corporation for Education Network Initiatives (CENIC) as well as to the Pacific Wave international distributed peering facility for research and education (R&E) networks.

CENIC says these two 100 Gbps peering connections now function alongside ESnet’s existing 100 Gbps connections to Pacific Wave in Sunnyvale, CA and Seattle, WA. 

“The new peering with CENIC and Pacific Wave enables science researchers to have improved performance to Department of Energy user facilities, datasets, and collaborators. Together with CENIC, we are excited to provide this high-speed access to benefit California’s research and education community as well as science collaborators in Asia and on the west coast who are connected by Pacific Wave,” said Inder Monga, Executive Director of ESnet.

The new peering links will also benefit the Global Network Advancement Group (GNA-G)—a community of network professionals from national R&E networking (NREN) organizations all over the world.

Harvey Newman, Professor of Physics at Caltech and Chair of this working group, said, “The new peerings and 100 Gbps connections between CENIC and ESnet in Los Angeles represent another major step forward in the multifaceted collaboration with Caltech, UCSD, the National Research Platform, Internet2, and many US and international partners in the GNA-G, who are working to meet the needs of the Large Hadron Collider and other data-intensive science programs.”

https://pacificwave.net/news/global-big-data-collaboration-gets-easier-with-two-new-100-gbps-connections-to-cenic-and-pacific-wave-for-esnet

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Adtran launches 10G symmetric XGS-PON ONTs

Adtran introduced a new generation of 10G symmetric XGS-PON optical network terminals (ONTs) for residential and business customers.

The new SDX 630 Series ONTs support speeds up to 10 Gbps and feature zero-touch service provisioning capabilities. The ONTs can be coupled with Adtran service delivery gateways (SDGs) to meet the demand of current and future Wi-Fi standards and enable seamless integration with Adtran’s intelligent Mosaic One management system for enhanced control and monitoring.

The ONTs offer advanced operational monitoring features, such as Y.1731, continuity check and ONT-generated multigigabit speed tests. With 10GbE and 2.5GbE LAN interfaces, integrated voice ports, as well as outdoor ONT variants, service providers can offer any flavor of multigigabit service. 

Adtran is also introducing an XGS-PON SFP+ ONT in a small form factor pluggable package.

https://www.adtran.com/en/newsroom/press-releases/20230504-adtran-brings-energy-efficient-multigigabit-broadband-with-next-gen-onts

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T-Mobile hits 5G uplink speeds of 200 Mbps

T-Mobile U.S., in collaboration with Nokia and Qualcomm, achieved uplink speeds topping 200 Mbps using uplink carrier aggregationover its live commercial 5G standalone network.

Working with Nokia and a test smartphone powered by Snapdragon 5G Modem-RF System from Qualcomm Technologies hit a top UL speed of 207 Mbps in the test – the fastest ever recorded using sub-6 GHz spectrum. In this test, T-Mobile merged two 5G channels of mid-band spectrum – 2.5 GHz Ultra Capacity 5G and 1900 MHz. 

“T-Mobile has led the industry with 5G standalone since 2020, and we're continuing to drive breakthroughs that advance 5G technology around the globe,” said Ulf Ewaldsson, President of Technology at T-Mobile. “We’re building the most advanced 5G network in the world, opening the door for massive innovation and laying the foundation for new capabilities that will transform the world around us.”

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What's next for private wireless?

https://youtu.be/pMR3xm5aNgs

Will it become as easy to add a cellular node to an enterprise network as it is to plug an access point into an Ethernet port? 

In this video, Stuart Strickland, Wireless CTO and Fellow, HPE Aruba Networking, discusses what's next for private networks and the vision for seamless connectivity between 5G, 6G, WiFi 6, 7, and 8.

 Recorded at this year's atmposhere'23 conference in Las Vegas.

Also, check out our New Middle Mile (#nmm2023) video showcase here: https://ngi.fyi/nmm23yt

Want to be in one of NextGenInfra.io videos? Contact us at info@nextgeninfra.io.

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Raytheon develops tactical free-space optical comms

Raytheon Technologies introduced a tactical Free-Space Optical Communications system for high-speed, secure data transfer in challenging environments. The company said its laser-driven system provides greater bandwidths in a form factor that is smaller, weighs less, uses less power and costs less than conventional optical systems. The system is optimized for peer and near-peer operational environments and has been tested and approved during U.S. government exercises.

NexGen Optix was developed by Raytheon Blackbird Technologies. 

"NexGen Optix represents a significant advancement in secure communication and shared networking technology," said Troy Smith, director of Raytheon Blackbird Technologies. "We've developed a solution that enables organizations to communicate effectively in challenging environments where traditional communication systems may not be reliable."

https://www.rtx.com/

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NSF establishes 7 AI research insititutes

The U.S. National Science Foundation (NSF) will spend $140 million to establish seven new National Artificial Intelligence Research Institutes (AI Institutes) with the goal of promoting ethical and trustworthy AI systems and technologies, developing novel approaches to cybersecurity, contributing to innovative solutions to climate change, expanding our understanding of the brain, and leveraging AI capabilities to enhance education and public health. 

“The National AI Research Institutes are a critical component of our Nation’s AI innovation, infrastructure, technology, education, and partnerships ecosystem,” said NSF Director Sethuraman Panchanathan. “These institutes are driving discoveries that will ensure our country is at the forefront of the global AI revolution.”

The new AI Institutes:

NSF Institute for Trustworthy AI in Law & Society (TRAILS)

Led by the University of Maryland, TRAILS aims to transform the practice of AI from one driven primarily by technological innovation to one driven with attention to ethics, human rights, and support for communities whose voices have been marginalized into mainstream AI. 

AI Institute for Agent-based Cyber Threat Intelligence and Operation (ACTION)

Led by the University of California, Santa Barbara, this Institute will develop novel approaches that leverage AI to anticipate and take corrective actions against cyberthreats that target the security and privacy of computer networks and their users. The team of researchers will work with experts in security operations to develop a revolutionary approach to cybersecurity, in which AI-enabled intelligent security agents cooperate with humans across the cyber-defense life cycle to jointly improve the resilience of security of computer systems over time. ACTION is funded by a partnership between NSF, DHS S&T, and IBM.

AI Institute for Climate-Land Interactions, Mitigation, Adaptation, Tradeoffs and Economy (AI-CLIMATE)

Led by the University of Minnesota Twin Cities, this Institute aims to advance foundational AI by incorporating knowledge from agriculture and forestry sciences and leveraging these unique, new AI methods to curb climate effects while lifting rural economies. 

AI Institute for Artificial and Natural Intelligence (ARNI)

Led by Columbia University, this Institute will draw together top researchers across the country to focus on a national priority: connecting the major progress made in AI systems to the revolution in our understanding of the brain. ARNI will meet the urgent need for new paradigms of interdisciplinary research between neuroscience, cognitive science, and AI. 

AI-Institute for Societal Decision Making (AI-SDM)

Led by Carnegie Mellon University, this Institute seeks to create human-centric AI for decision making to bolster effective response in uncertain, dynamic, and resource-constrained scenarios like disaster management and public health. 

AI Institute for Inclusive Intelligent Technologies for Education (INVITE)

Led by the University of Illinois, Urbana-Champaign, this Institute seeks to fundamentally reframe how educational technologies interact with learners by developing AI tools and approaches to support three crucial noncognitive skills known to underlie effective learning: persistence, academic resilience, and collaboration. 

AI Institute for Exceptional Education (AI4ExceptionalEd)

Led by the University at Buffalo, this Institute will work toward universal speech and language screening for children. The framework, the AI screener, will analyze video and audio streams of children during classroom interactions and assess the need for evidence-based interventions tailored to individual needs of students. 

https://new.nsf.gov/news/nsf-announces-seven-new-national-artificial

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Cyxtera enters restructuring and considers strategic options

Cyxtera, which offers data center colocation and interconnection services, received $50 million in new financing from certain of its lenders holding over two-thirds of its outstanding term loan.

The company has entered into a Restructuring Support Agreement (RSA) with the lenders as it continues to operate its global platform of highly interconnected data centers. The company is undertaking a process to pursue a potential sale of the business or a significant investment from a new investor. If this process does not result in an acceptable transaction with a third party, as defined by the RSA, the Company would implement a comprehensive financial restructuring and transition majority ownership of the business to the Lenders through an expedited, voluntary court-supervised process under Chapter 11 of the U.S. Bankruptcy Code.

Cyxtera today also shared key financial highlights for the quarter ended March 31, 2023, as follows:

• Total revenue increased by $14.3 million, or 7.8% year over year, to $196.7 million in the first quarter.
• Recurring revenue increased by $14.7 million, or 8.5% year over year, to $188.4 million in the first quarter.
• Core revenue increased by $18.1 million, or 10.9% year over year, to $184.0 million in the first quarter.
• Net Loss of $325.4 million in the quarter, including a non-cash Goodwill impairment charge of $278.2 million; Transaction Adjusted EBITDA1 increased by $4.7 million, or 8.0%, to $63.3 million in the first quarter.

“We have strong momentum in our business, and demand for our global data center platform remains high,” said Nelson Fonseca, Cyxtera’s Chief Executive Officer. “With the support of our Lenders, we are taking steps to strengthen our financial position and ensure that our business is best positioned for the long term. We are confident in our ability to continue growing our business and creating value for the customers and communities we serve as we work to implement the transactions contemplated by the agreement.”

http://ir.cyxtera.com/

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Edgecore to offer Wedge Networks’ cloud-managed security

Edgecore Networks will offer Wedge Networks’ Wedge Cloud Network Defense cloud-managed security service as an add-on for the Edgecore’s Wi-Fi 6 series access points and ecCLOUD cloud controller. 

WedgeCND is a cloud-managed security service designed to protect cloud-managed computing devices. With the activation of WedgeCND’s security add-on on the ecCLOUD, all hosts and endpoints accessing the Internet through Edgecore Wi-Fi 6 access points registered to ecCLOUD will be automatically protected against all types of threats, including malware, ransomware, phishing, and malicious websites.

"We are thrilled to partner with Wedge Networks and offer WedgeCND to our ecCLOUD add-on family,” said TengTai Hsu, VP of Edgecore Networks. “With the growing use of intelligent endpoints, customers require a simple, fast, and effective network security solution. This integration provides a seamless and comprehensive security solution for Edgecore's customers, making network security protection simple and affordable for everyone.”

“ecCLOUD is one of the largest managed Wi-Fi network platforms in the world. The activation of WedgeCND represents an important milestone in Wedge’s collaboration with Edgecore, providing large scale, cost effective cyber security solutions for ecCLOUD customers,” said Dr. Hongwen Zhang, CEO & CTO (Co-founder) of Wedge. Furthermore, “As a leader in the global open networking ecosystem, Edgecore plays a crucial role in facilitating current and future digital transformation use cases. We are honored to work alongside Edgecore to safeguard the security and integrity of these critical applications.”

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Roary Stasko appointed CEO of Telstra’s International business

Roary Stasko has been appointed as the new CEO of Telstra’s International business, starting 1 July, replacing Oliver Camplin-Warner, who will be moving to head up the Telstra Purple business in the new financial year. 

Stasko currently serves as Telstra’s Finance and Strategy Executive Director. Stasko will continue to hold his position on the Digicel Pacific Board, and will be based out of San Francisco.

“Roary is a proven leader within Telstra, having spent more than five years at the business in a variety of different roles including Head of Corporate Strategy as well as Head of Finance for Telstra’s Consumer and Small Business function,” states Telstra Enterprise Group Executive David Burns. 

 

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NEO Semiconductor unveils its 3D NAND flash and DRAM

NEO Semiconductor, a start-up based in San Jose, California, unveiled its "3D X-DRAM", described at the world's first 3D NAND-like DRAM cell array. Relevant patent applications were published with the United States Patent Application Publication on April 6, 2023.

NEO Semiconductor said its cell array structure is based on capacitor-less floating body cell technology. It can be manufactured using today's 3D NAND-like process and only needs one mask to define the bit line holes and form the cell structure inside the holes. This cell structure simplifies the process steps and provides a high-speed, high-density, low-cost, and high-yield solution. Based on Neo's estimates, 3D X-DRAM technology can achieve 128 Gb density with 230 layers, which is 8 times today's DRAM density.

"3D X-DRAM will be the absolute future growth driver for the Semiconductor industry," said Andy Hsu, Founder and CEO of NEO Semiconductor and an accomplished technology inventor with more than 120 U.S. patents. "Today I can say with confidence that Neo is becoming a clear leader in the 3D DRAM market. Our invention, compared to the other solutions in the market today, is very simple and less expensive to manufacture and scale. The industry can expect to achieve 8X density and capacity improvements per decade with our 3D X-DRAM."

"Evolving from 2D to 3D architectures has introduced compelling and extremely valuable benefits to NAND flash, so achieving a similar evolution for DRAM is highly desirable industry-wide," said Jay Kramer, President of Network Storage Advisors. "NEO Semiconductor's innovative 3D X-DRAM™ allows the memory industry to leverage current technologies, nodes and processes for enhancing DRAM products with NAND-like 3D architectures."

https://neosemic.com

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Arelion adds to its U.S. network

Arelion announced a new route from Denver to the San Francisco Bay Area, connecting through Salt Lake City and Reno. The new route leverages the latest open optical line systems and supports multi-vendor transponders and coherent pluggable components to deliver multi-terabit scale capacity, enabling 10G, 100G and 400G Wavelengths deliveries with aggressive lead times for the global carrier's customers.

Arelion said its network now provides enhanced resilience and flexibility, offering seamless edge connectivity through its fourth cross-country east-to-west coast U.S. route.

"This network investment in Denver, Salt Lake City, Reno and the San Francisco Bay Area is in direct response to our customers' growing technology demands," said Wes Cantrall, Head of Sales in North America, Arelion. "We bring additional choices for diversity and high capacity to these regions, enabling us to meet companies' terabit-scale needs in these evolving markets. Our ongoing commitment to connect growing edge markets across the country is a testament to our dedication to delivering best-in-class services that enable tech business growth in previously underserved regions."

The new route will go live in late Q2. Further insights into Arelion's North American network expansion:

• Routing west, Arelion's new diverse network connects to Denver (Flexential – Centennial and CoreSite – DE1) and Aurora (Flexential).
• The route connects to Flexential sites in Fair Park and Salt Lake City. Additional Salt Lake City sites include EdgeConneX – SLC01 and DataBank – SLC1 and SLC2 in Bluffdale.
• The network continues to Tahoe Reno (Switch – Citadel).
• Additional connectivity is provided to key Bay Area cities, including San Francisco (Digital Realty – SFO10), San Jose (Equinix – SV1), Palo Alto (Equinix – SV8), Santa Clara (CoreSite – SV4) and other colocation sites in the Bay Area.

With its fourth North American east-to-west coast route, Arelion provides enhanced access to its number one ranked Internet backbone, AS1299, as well as the global carrier's portfolio of leading IP and optical technology services, including high-speed IP Transit, Cloud Connect, Ethernet and IPX services for service providers, content providers and enterprises.  

https://www.arelion.com/about-us/press-releases/new-route-denver-bay-area

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Qualcomm's revenue dips 17% to $9.2B due to inventory and macroeconomics

 Citing challenges in the macroeconomic environment and elevated channel inventory, Qualcomm reported quarterly revenues of $9.275 billion, down 17% compared to the same period a year ago. Diluted earnings per share (EPS) amounted to $1.52, down 41% compared to a year ago.

“As we navigate this challenging environment, we remain focused on the critical factors we can control to emerge stronger from this downturn – our leading technology roadmap, best-in-class product portfolio, strong customer relationships and operational efficiencies,” said Cristiano Amon, President and CEO of Qualcomm Incorporated. “Our top priority remains to execute our diversification strategy and invest in areas that drive long-term value.”

Regarding it outlook for the current quarter, Qualcomm said it expcts "continued impact of the macroeconomic headwinds, weaker global handset units, and channel inventory drawdown. In addition, we estimate a larger-than-normal sequential decline in QCT revenues, primarily due to the timing of purchases by a modem-only handset customer."

https://d1io3yog0oux5.cloudfront.net/_061d72816a5a32a6796fb8868f5b27a9/qualcomm/db/773/7286/file/FY+2023+2nd+Quarter+Earnings+Release.pdf

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Infinera posts Q1 revenue of $392 million, up 16% yoy

Infinera reported Q1 GAAP revenue of $392.1 million compared to $485.9 million in the fourth quarter of 2022 and $338.9 million in the first quarter of 2022.

GAAP gross margin for the quarter was 37.5% compared to 37.1% in the fourth quarter of 2022 and 32.9% in the first quarter of 2022. GAAP operating margin for the quarter was (2.4)% compared to 5.2% in the fourth quarter of 2022 and (10.8)% in the first quarter of 2022. Non-GAAP gross margin for the quarter was 38.8% compared to 38.7% in the fourth quarter of 2022 and 36.2% in the first quarter of 2022. Non-GAAP operating margin for the quarter was 3.5% compared to 10.5% in the fourth quarter of 2022 and (1.0)% in the first quarter of 2022. Non-GAAP net income for the quarter was $5.7 million, or $0.02 per diluted share, compared to non-GAAP net income of $40.3 million, or $0.16 per diluted share, in the fourth quarter of 2022, and non-GAAP net loss of $(14.0) million, or $(0.07) per diluted share, in the first quarter of 2022.

Infinera CEO David Heard said, “I am pleased with our solid start to 2023 with revenue, margins, and earnings per share all coming in above the mid-point of our outlook range. Compared to the year-ago quarter, we grew revenue by 16%, above our annual target of 8% for 2023, and expanded gross margin by more than 250bps.”

“As we look ahead to the second quarter, we are planning to achieve continued year-over-year revenue growth and margin expansion and to deliver approximately 10% revenue growth in the first half of 2023. We remain focused on the six milestones we laid out at our investor day in March, which includes launching our subsystems products and driving to at least a $1 per share in earnings by 2025-2026.”

https://www.infinera.com/press-release/infinera-corporation-reports-first-quarter-2023-financial-results

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Equinix posts sales of $2.0 billion, up 15% yoy

 Equinix posted quarterly revenue of approximately $2.0 billion, a record quarter-over-quarter step up of $127 million and up 15% over the same quarter last year. Net income amounted to $259 million, a 101% increase over the previous quarter, primarily due to higher income from operations and lower net interest expense.

Charles Meyers, President and CEO, Equinix, states: "We had a strong start to the year, delivering nearly $2 billion of revenue for the quarter, as our outlook remains positive with the overall demand for digital transformation fueling our conviction around the long-term secular drivers of our business. We look forward to our upcoming analyst day next month, where we plan to continue the discussion of the significant opportunity ahead and our strongly differentiated position in capturing this opportunity as we enable our customers to access all the right places, partners and possibilities."

Some highlights:

• Equinix surpassed a new milestone of 30 terabits per second (TB/s) of peak traffic across its global Internet Exchanges—a 50% increase in approximately 18 months. 
• Equinix closed five cloud on-ramp wins in Q1 bringing Equinix's portfolio to 210 on-ramps across 46 markets. More than half of the metros in which Equinix operates now offer two or more on-ramps to the largest cloud players.
• Equinix achieved 96% renewable energy coverage of its operational load for 2022, marking the fifth consecutive year with over 90% renewable energy coverage. This reflects a 10% year-over-year increase in procurement of renewable energy on a GWh basis. 
• Closed approximately 4,000 deals across more than 3,000 customers
• Customer deployments across multiple regions increased to 76% of total recurring revenue, an increase of 1% quarter over quarter, demonstrating the value of the Equinix global platform.

https://www.equinix.com/newsroom/press-releases/2023/05/equinix-reports-first-quarter-2023-results

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