BT signs 5-year preferred cloud deal with AWS

BT’s Digital unit announced a five-year deal naming Amazon Web Services (AWS) as its preferred cloud as it transforms legacy infrastructure and internal applications to a new cloud-first architecture. 

Over the next five years, BT intends to continue to make significant investments and use of AWS technology to accelerate its digital transformation with a particular focus on application workloads via containers and serverless technologies.

“We have a big opportunity when it comes to modernising our infrastructure, and our collaboration with AWS is a key one for us as we deliver the transformation needed to accelerate BT,” comments Thomas Dücke, Chief Operating Officer, BT Digital.

Adolfo Hernandez, Vice President and General Manager, Telecom Global Industry Business Unit, AWS, says: “BT’s move to cloud-first applications can help reduce IT maintenance costs, streamline operations and help it better adapt to evolving customer needs. Plus, the AWS pay-as-you-go model offers flexibility so BT only pays for the IT needed.”

https://newsroom.bt.com/bt-signs-five-year-agreement-with-aws-as-preferred-cloud-provider-for-internal-applications-to-accelerate-its-digital-transformation/

BT and Google Cloud form strategic partnership

Thursday, March 10, 2022  BT, Cloud, Google Cloud  

Google Cloud and BT announced a strategic, five-year partnership to accelerate BT’s company-wide digital transformation. The collaboration will involve BT using a suite of Google Cloud products and services—including cloud infrastructure, machine learning (ML) and artificial intelligence (AI), data analytics, security, and API management—to deliver superior customer experiences, reduce costs and risk, and build new revenue streams. The companies...

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BT to implement Rackspace Fabric for multi-cloud services

Thursday, January 20, 2022  BT, Rackspace  

BT and Rackspace Technology announced a partnership focused on multicloud management and optimization. Under the terms of the agreement, BT hybrid cloud services will be based on Rackspace Technology’s solutions, including its Rackspace Fabric management layer.Rackspace supports four primary technology stacks: AWS, Microsoft Azure, Google Cloud Platform and VMware. Rackspace Fabric is a single platform for consistent, automated cloud services,...

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BT confirms Ericsson for 5G core

Wednesday, April 15, 2020  BT, Ericsson, UK  

BT signed a deal to deploy Ericsson’s dual-mode 5G Core (Evolved Packet Core and 5G Core), a fully container-based, cloud native Mobile Packet Core for 4G, 5G Non-standalone and 5G Standalone services as a single fully integrated core. The solution, delivered on BT’s Network Cloud, will form a key component in BT’s move to a single converged IP network. It will incorporate network orchestration and automation, including continuous delivery and integration...

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BT picks Juniper for virtualized telco cloud

Monday, June 03, 2019  BT, Juniper  

BT has selected Juniper Networks to power its Network Cloud roll-out and enable a more flexible, virtualized network infrastructure. The Network Cloud will enable BT to combine a range of currently discrete network functions and deploy them on a cloud infrastructure that is built to a common framework and shared across the organization, throughout the UK and globally. These include services across BT’s voice, mobile core and radio/access, global...

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BT picks Ciena's Blue Planet for automation software

Tuesday, November 17, 2020    

 BT has selected Ciena's Blue Planet automation software as part of its drive to deliver market-leading user experience for its multinational enterprise customers. Blue Planet software automates the design and activation of end-to-end network connectivity, helping BT to offer superior digital experience for its customers. Deployed in BT’s cloud, Blue Planet eliminates the need for manual processes to help optimize operations, reduce costs and...

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Nokia demos 600G over 1008km with TIM

TIM successfully carried a 600G wavelength transmission over a 1008km live link over its terrestrial backbone network in Italy. 

The trial was performed on a long-haul route connecting TIM’s live network of mixed SMF/LEAF fiber spanning the breadth of Italy, using Nokia’s 1830 PSI-M compact modular disaggregated transport system. TIM and Nokia demonstrated error-free performance at 600Gb/s over a 1008km link from Torino to Rome, consisting of 18 fiber spans and through five ROADMs nodes, and 400Gb/s over a 2140km link from Torino to Catania, Sicily, consisting of 37 fiber spans and 12 ROADMs nodes.

TIM’s existing long-haul network is based on Nokia’s CDC-F ROADM architecture

Operating with 100GHz WDM channels to maximize network capacity, this trial sets a milestone spectral efficiency record of 6.0bits/sec/Hz over TIM’s strategic long-haul routes. 

James Watt, Head of Optical Networks Division, Nokia, said: “We are delighted to work with TIM to support continued capacity evolution of its core long-haul network. With the introduction of the PSE-Vs super coherent capabilities, we enable scale made simple across our entire 1830 portfolio. Nokia is enabling spectrally-efficient network capacity over real-world long-haul networks while setting new milestones for capacity-reach performance.”

Alberto Maria Langellotti, Head of IP, Transport & SDN Engineering, TIM Italy, said: “This live network field trial validates our plans to seamlessly scale network capacity everywhere over our existing long-haul network, using the latest generation of high performance coherent optics. With this trial, we demonstrate a record spectral efficiency over our advanced network to ensure the best dissemination of new digital services”.

https://www.nokia.com/about-us/news/releases/2022/05/05/nokia-demonstrates-600g-transmission-milestone-over-1008km-long-haul-network-using-pse-v-super-coherent-optics/

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Lightpath now connects 2,000 wireless towers

Lightpath, which operates an all-fiber network in the New York and Boston metro regions, now connects 2,000 wireless towers.  This represent a doubling of on-net wireless sites in the last 12 months.

Carriers can choose flexible connectivity including 10G optical, dark fiber, or custom connectivity, with optical transport services now riding on Lightpath's state-of-the-art Ciena network. Additionally, Lightpath offers carriers geographically diverse routing options and unique POPs (points of presence) that enhance the reliability of network design. 

"The Lightpath network aligns perfectly with carriers looking to deploy or densify their 5G networks. Lightpath offers carriers a unique combination of network density, customized connectivity options, reliability, and support," explained Phil Olivero, CTO of Lightpath. "We are willing investors and have partnered with each of the major wireless providers to extend our reach to deliver and meet their coverage requirements."

"5G is altering how current wireless applications are connected, and it opens the floodgates for a tremendous number of new types of connected devices. Only densely deployed fiber networks will be able to scale to the robust bandwidth levels that will be needed to support these applications," stated Chris Morley, Lightpath CEO. "Lightpath is uniquely positioned to support wireless carriers in our markets, which is why so many carriers are choosing us."

www.lightpathfiber.com

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Telecom Infra Project opens TIP Academy with Accenture

The Telecom Infra Project has opened an online TIP Academy for upskilling the telecoms industry.

The TIP Academy, which was developed in collaboration with Accenture, will offer courses that center on the wide range of open disaggregated solutions that are currently in development. The courses will be enriched with case studies and online events that allow the members of the TIP Academy community to learn from real-world experiences, such as insights from tests in TIP Community Labs and pilot trials, which can then be utilized within their respective organizations.

The first curriculum on the platform is centered on Open RAN, delivering the only comprehensive end-to-end training in the industry. The complete curriculum will include more than 20 modules, starting from the fundamentals to more advanced topics, such as Open RAN System Integration or TCO and Business Evolution. They are self-sufficient content blocks that are reused and mixed.

Learners will be able to access TIP Academy content through an interactive, multimedia e-learning platform, and follow through a curriculum, alone or in groups, with self-assessments and tests incorporated to support the learning. All the self-learning assets are designed to match competencies and learning objectives—from beginners to architects. At the end of a curriculum, a given learner will receive a TIP Academy certificate. In the near future, TIP intends to list those organizations with employees who have successfully completed training and received TIP Academy certificates, onto TIP Exchange.  

“TIP Academy fulfills two industry needs that are currently unaddressed: impartiality in terms of content, and breadth and depth in terms of scope and relevance of learning across open and disaggregated network solutions. TIP Academy is that necessary solution to a global industry need and will be an important catalyst towards accelerated deployment of open and disaggregated network solutions,” said Vishal Mathur, Global Head of Engagement of TIP. 

Vodafone, Accenture, and Deutsche Telekom have signed up to be charter clients of TIP Academy – whereby the platform will be incorporated into their employee learning programs. 

https://www.tip.academy/

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AT&T opens PoP within NJFX Cable Landing Station

 

AT&T has activated a network Point-of-Presence (PoP) within the NJFX Cable Landing Station (CLS) colocation campus located in Wall, NJ.

The new PoP will provide access for customers to directly interconnect with subsea capacity services across the Atlantic to Europe and Latin America. International-based customers can transport data to AT&T’s PoP and extend their reach to major U.S. metro markets via their robust U.S. backbone system. Customers can also interexchange traffic across the multiple subsea cable systems available at NJFX, including TGN1, TGN2, and Seabras.

 “We are continually looking for ways to strategically expand our offerings to customers,” said Michael DeChiara, Associate Vice President, AT&T Wholesale Solutions. “Through our new Point-of-Presence at NJFX, we have added another critical location to address customer’s growing requirements for access to our advanced and powerful global network, including our extensive fiber footprint in the U.S., which is now available coast-to-coast for wholesale customers.”

 “We are pleased that AT&T has chosen to establish a Point-of-Presence at our CLS colocation campus, states Gil Santaliz, CEO for NJFX. “It has always been our vision to develop NJFX to become North America’s preeminent international hub for subsea communications, interconnecting many international carriers across three continents with multiple secure and reliable backhaul and U.S. termination options. World-class communications providers like AT&T recognize that NJFX provides a nexus for collaboration where they can build out new and reinforce existing networks with diverse routes while extending their global reach.”

https://about.att.com/story/2022/network-point-of-preference-njfx.html

DE-CIX opens PoP at NJFX Cable Landing Station

Tuesday, February 11, 2020  DE-CIX, Internet Exchange, NJFX  

DE-CIX, which now operates the largest Internet Exchange (IX) in the New York market, has established a Point of Presence (PoP) in the NJFX Cable Landing Station (CLS). The new PoP at NJFX will provide access for customers to exchange traffic so that their data can traverse directly from the U.S. East Coast to Europe and beyond, as well as up and down the East Coast U.S. corridor to the New York metro area, and to Ashburn, Virginia. Customers can...

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Windstream Wholesale moves into Globalinx in Virginia Beach

Thursday, January 09, 2020  Subsea, Windstream  

Windstream Wholesale is the first national service provider built into the Globalinx Data Center international subsea cable landing station in Virginia Beach, Virginia. Windstream Wholesale is taking orders out of the new Globalinx Data Center. Windstream Wholesale has secured a contract with anchor tenant Hurricane Electric for multiple 100G circuits connecting into the Globalinx location. The access point also provides another location for carrier,...

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Telia Carrier opens terabit scale PoP at NJFX

Tuesday, October 29, 2019  Telia Carrier  

Telia Carrier has deployed a new network Point-of-Presence (PoP) delivering multi-terabit capacity at the NJFX Cable Landing Station (CLS) colocation campus. The new network infrastructure provides resilient network options for customers wanting diverse connectivity throughout North America. In addition, Telia Carrier’s extensive network in Europe enables seamless reach and unique diversity to connect from the cable landing point to extended destinations...

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NJFX and Telxius interconnect their East Coast Cable Landing Stations

Sunday, October 20, 2019  NJFX, Telxius  

The NJFX Cable Landing Station (CLS) in Wall, New Jersey has been directly connected to Telxius facilities at the CLS in Virginia Beach, VA using Windstream's fiber network. NJFX’s CLS campus offers access to four subsea cable systems to Europe and South America and seven independent US fiber-based backhaul providers. Customers can access points of presence in 15 countries across Central and South America, Mexico and the Caribbean. NJFX said its...

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Rambus to acquire Hardent for semiconductor design team

Rambus agreed to acquire Hardent, a professional services company specializing in electronic product design and engineering. The company, which is based in Montreal, has 20 years of semiconductor experience in silicon design, verification, compression, and Error Correction Code (ECC). Financial terms were not disclosed.

Rambus says the acquisition augments its team of engineers at Rambus and accelerates the development of CXL processing solutions for next-generation data centers. In addition, Hardent brings complementary IP and services to the Rambus Silicon IP portfolio, expanding the customer base and design wins in automotive and consumer electronic applications. 

“Driven by the demands of advanced workloads like AI/ML and the move to disaggregated data center architectures, industry momentum for CXL-based solutions continues to grow,” said Luc Seraphin, president and CEO of Rambus. “The addition of the highly-skilled Hardent design team brings key resources that will accelerate our roadmap and expand our reach to address customer needs for next-generation data center solutions.”

“The Rambus culture and track record of technology leadership is an ideal fit for Hardent,” said Simon Robin, president and founder of Hardent. “The team is looking forward to joining Rambus and is excited to be part of a global company advancing the future of data center solutions.”

https://www.rambus.com/rambus-to-acquire-hardent/

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Cisco tunes its predictive analytics engine

Cisco is bringing together new predictive technologies with its broad portfolio of observability, visibility and intelligence technologies to improve reliability and performance across all operational scenarios. 

The idea is to offer a predictive analytics engine that leverages telemetry data with predictive models developed with customers across a variety of industry segments to predict user experience issues, providing problem solving options. 

“The future of connectivity will rely on self-healing networks that can learn, predict and plan,” said Chuck Robbins, Chair and CEO, Cisco. “Our research for predictive networks has been tested and developed with customers, and early adopters are seeing major benefits saving them time and money. The industry has been waiting for secure, proactive networking and only Cisco can do it right.”

https://www.cisco.com/c/m/en_us/solutions/predictive-networks/index.html

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T-Mobile US pushes 5G Home Internet

One year after launching its fixed 5G Home Internet service, T-Mobile unveiled a number of incentives to accelerate the business under the slogan "Internet Freedom":

• 
  Free Test Drive. Customers can try Home Internet for 15 days, worry-free. If they like it, great! If not, return the gateway and owe nothing. It’s 100% On Us. Because it’s wireless, they can keep their old provider while testing the T-Mobile service.
• T-Mobile will cover break-up fees with the old broadband provider. T-Mobile will cover all early termination fees up to $500.
• Price Lock. A customer’s price is locked in at just $50 per month, with no monthly taxes or fees, for as long as they are a customer. 

Some additional notes from the company's online event:

•  The T-Mobile 5G Home Internet service is now available to approximately 40 million homes and businesses across the country.
• T-Mobile's 5G network currently has 110 MHz of nationwide spectrum available in the sub 6-GHz bands.
• The average downlink speed on the 5G Home service is 140 Mbps.
• Average usage is 300~400 GB per month. About 10% of customers use 1 TB per month

“The Un-carrier was created to fix a stupid, broken wireless industry, and while we aren’t done, we’ve undoubtedly changed it for good. Now, with Internet Freedom, we’re taking on Big Internet and bringing the Un-carrier movement to broadband,” said Sievert. “Broadband customers are the least satisfied in America – the fees, the contracts, the price hikes, the terrible customer service. It’s ridiculous, and it looks a lot like the wireless industry a decade ago. Today, that all starts to change because the Un-carrier is here to disrupt broadband for good.”

https://www.t-mobile.com/

T-Mobile US expands its Fixed Wireless Access service

Wednesday, March 30, 2022  5G Fixed, T-Mobile  

T-Mobile expanded the footprint of its Mobile Home Internet service to nearly 3 million more homes in 54 cities across four states: Alabama, Louisiana, Mississippi and Tennessee. “We launched T-Mobile Home Internet just a year ago, and already, we’ve disrupted the home broadband industry for good. We’re making fast, reliable, 5G Home Internet available to more than 30 million households across the country. And in Q4 of last year, we were the...

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The need for agility in today's enterprise networks

https://youtu.be/GEzfAWhcpjA

The rate of change in enterprise networks continues to accelerate. Business are facing great amounts of stress to adapt to changing customer patterns, changing employee patterns, and all while managing security threats. Donna Johnson, SVP of Marketing at Cradlepoint, shares insights from ONUG Spring 2022.

Cradlepoint expands 5G enterprise portfolio

Wednesday, May 05, 2021  Cradlepoint, Ericsson  

Cradlepoint, now a division of Ericsson, introduced its second-generation 5G product portfolio featuring low-band to millimeter-wave solutions. external adapters and integrated 5G routers. Some highlights:R1900 Ruggedized 5G Mobile Router: a built-for-5G mobile router optimized for in-vehicle networks.E3000 5G Enterprise SD-WAN Router:  5G-optimized with a choice of high-speed fiber and 2.5 Gbps Ethernet WAN ports. It has an expansion slot for...

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AT&T ties in with Ericsson's Cradlepoint for 5G SD-WAN

Monday, May 03, 2021  #SD-WAN, 5G, Ericsson  

AT&T and Cradlepoint, which is now a division of Ericsson, are expanding their joint 5G offerings for businesses.The new solutions combine clean-slate-designed Cradlepoint 5G wideband adapters and routers, and its NetCloud Service, with AT&T’s nationwide wireless broadband network, data plans, and an AT&T management option for Cradlepoint devices. Cradlepoint's  W-Series Wideband Adapters provide a cloud-managed 5G modem for...

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Cradlepoint offers Ruggedized 5G Edge Router

Thursday, April 08, 2021  Cradlepoint, Ericsson  

Cradlepoint introduced its new R1900 Ruggedized 5G Edge Router, powered by a Cradlepoint NetCloud subscription service that includes cloud-delivered software, endpoints, training, and support. The R1900 router, which is optimized for in-vehicle networks, is the first product to utilize Cradlepoint's second-generation 5G architecture. It supports nationwide coverage (low-band) and capacity (mid-band) networks at speeds up to 1Gbps as well as gigabit...

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AT&T begins offering fixed 5G for businesses

Thursday, March 11, 2021  5G Fixed, AT&T, Mobile  

AT&T is adding fixed 5G wireless solutions for business customers.AT&T will offer new fixed wireless router options from Sierra Wireless and Cradlepoint.“It is now almost a full year since the global pandemic accelerated remote work adoption by almost a decade – and throughout the rapid evolution of related business needs, AT&T has been there to enable continued success,” said Mo Katibeh, Chief Product and Platform Officer, AT&T Business....

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Ericsson completes Cradlepoint acquisition

Monday, November 02, 2020  Cradlepoint, Ericsson  

Ericsson completed its previously-announced acquisition of Cradlepoint for approximately US$1 billion.Cradlepoint will operate as a stand-alone subsidiary within Ericsson and continue to build on the current market momentum as 5G is speeding up digital transformation and increasing the need for advanced connectivity services for enterprises. Cradlepoint will be part of Ericsson’s Business Area Technologies & New Businesses.Ericsson acquires Cradlepoint...

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T-Mobile US offers Cradlepoint's E320 5G router and NetCloud Service

 T-Mobile US is partnering with Cradlepoint, part of Ericsson, to deliver an enterprise-grade custom-designed all-in-one 5G router for T-Mobile Business Internet customers. 

The new solution combines Cradlepoint’s custom-designed E320 5G router and NetCloud Service with T-Mobile's nationwide 5G footprint and managed services capabilities. Security management features include firewall and intrusion prevention. 

“5G offers incredible opportunities for businesses and governments to drive innovation, reinvent their operations, and transform how they serve their customers. Until now, they have been stuck with other internet provider offerings and technology that are low on satisfaction,” said Callie Field, President, T-Mobile Business Group. “T-Mobile is the only provider with a network large enough and fast enough to meet the needs of diverse organizations. The Un-carrier is the first and only provider that can offer enterprise-grade 5G fixed wireless from coast to coast, and together with another proven 5G technology leader in Cradlepoint, businesses can expect a powerhouse solution.”

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Google acquires Raxium for MicroLED display technologies

Google has acquired Raxium, a start-up based in Fremont, California developing single panel MicroLED display technologies. Financial terms were not disclosed.

On its website, Raxium claims to have developed the world’s highest performance ultra-high density
monolithic RGB µLED displays measuring ~3.5 um per pixel, as compared with Super AMOLED displays at ~50 um per pixel.

https://www.raxium.com

https://blog.google/inside-google/company-announcements/google-acquires-raxium/

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Reducing time to root cause detection

https://youtu.be/OhAYsa45eD8

At the ONUG Spring 2022 event, a key topic of discussion was the critical staff shortages faced by IT departments. Optimizing network operations has become a priority. 

 John Heinz, Director of Sales Engineering at Augtera, discusses how machine learning and automation can reduce time to root cause detection and thus help alleviate the staffing shortage.

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3 forces driving innovation in enterprise Networks

https://youtu.be/SKLKD3wdAfA

What are the 3 biggest forces driving innovation in enterprise networks today? Cost, Cloud, and Connectivity, answered Shekar Ayar, CEO of Arrcus. 

Here’s a perspective from ONUG Spring 2022 on how a modernized routing stacking can drive transformation across all three of these forces.

Arrcus cites 80% growth in bookings in Q1

Thursday, April 07, 2022  Arrcus  

Arrcus, a privately-held company that develops networking software for core-to-edge network infrastructure, reported an 80% YoY growth in books for Q1 2022.The company cited its largest seven-figure recurring revenue software subscription transaction with a leading financial services company.In addition, Arrcus announced two new executive appointments. Sanjay Kumar has been appointed vice president of marketing and product management and Sreekanth...

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Arrcus develops Virtualized Distributed Routing 

Tuesday, April 05, 2022  Arrcus  

Arrcus has been awarded a U.S. patent in support of its VDR (Virtualized Distributed Routing) solution. Specifically, the patent addresses the punt path between the control plane and line card and creating a virtual VLAN tag for each front panel interface. Previous patents awarded to Arrcus in VDR cover topics such as router state database for distributing routes to line cards, handling punt path using VXLAN, and using BGP-SPF as an underlay instead...

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Arrcus awarded 10th networking patent for Segment Routing

Wednesday, February 02, 2022    

Privately-held Arrcus, which offers hyperscale networking software for core-to-edge infrastructure, announced continuing momentum and strong business growth, closing 2021 with a tripling of its year-over-year bookings from 2020 to 2021. Arrcus also announced its 10th US patent in the area of hyperscale networking, this one for speeding up Segment ID allocation – a critical factor in accelerating internet traffic and content delivery over the...

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2022 Predictions from Thought Leaders

Sunday, January 16, 2022  Predictions, Silicon  

The following media comprises interviews and other content related to 2022 industry predictions. Views expressed are those of the presenting individuals and companies and may not necessarily represent views of Converge! Network Digest or AvidThink.https://ngi.how/marvell-na-pred-2022https://ngi.how/marvell-rn-pred-2022https://ngi.how/mef-kv-pred-2022https://ngi.how/jn-friday-pred-2022https://ngi.how/gf-pred-2022https://ngi.how/alkira-pred-2...

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Credo pushes LP SWITCH Active Electrical Cable to 200G

Thu

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GlobalConnect Carrier deploys Infinera’s ICE6 optical engine over 3rd party line system

GlobalConnect Carrier has deployed Infinera’s ICE6 technology across its live international long-haul network using GlobalConnect’s existing third-party line system.

Leveraging Infinera’s ICE6 optical engine technology on the GX Series Compact Modular Platform, GlobalConnect achieved error-free transmission at 800G over 770 km on its international backbone between Stockholm and Malmö.

Infinera notes that GlobalConnect has also leveraged ICE6 over its Swedish national backbone network, which uses Infinera’s XTM Series metro and regional packet optical platform.

“GlobalConnect continues its rapid acceleration of digitizing Northern Europe and selecting technology vendors with innovative advancements to help us meet the needs of our customers,” said Martin Højriis Kristensen, Market Director at GlobalConnect Carrier. “This achievement with Infinera marks a key milestone for us as we continue to upgrade our network. With technologies like ICE6, Infinera will continue to play a key role in our network evolution.”

“Delivering open optical solutions is a foundation of Infinera’s innovative technology, and we are pleased to demonstrate this on GlobalConnect’s live international and national backbone networks,” said Nick Walden, Senior Vice President of Worldwide Sales at Infinera. “Infinera’s industry-leading ICE6 technology is deployed worldwide over a variety of existing line systems to provide network operators like GlobalConnect open, scalable, and flexible services to meet growing bandwidth demands regardless of the installed optical line system.”

https://www.infinera.com/press-release/globalconnect-carrier-delivers-high-speed-800g-transmission-with-infineras-ice6-technology

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Ericsson opens Global Utilities Innovation Center in Texas

Ericsson opened a Global Utilities Innovation Center at its facility in Plano, Texas to engage with partners addressing real-world connectivity challenges for utility companies.

The Global Utilities Innovation Center is integrated with Ericsson’s state-of-the art device testing lab a short distance from the Plano site, where utilities and Original Equipment Manufacturers (OEM) partners can test interoperability of their field and IoT devices over mission-critical networks in a safe and secure environment. As a fully functional end-to-end operational lab, the center contains a physical representation of a utility smart grid, enabling real-world demonstrations of end-to-end private networks operations across the power grid from generation and transmission to distribution to end users.

“Utilities require mission-critical networks that have to be secure, reliable, and increasingly sustainable,” says Per Wahlen, Head of Business Development at Ericsson North America. “This center is a state-of-the art facility where we can work closely with utility companies, exploring new 4G and 5G use cases and delivering end-to-end solutions. At each point, you can see the benefits of the latest generations of cellular wireless networks in enhancing security, resilience, and efficiency of the power infrastructure.”

https://www.ericsson.com/en/press-releases/6/2022/5/ericsson-launches-global-utilities-innovation-center

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Lumentum posts strong revenue of $395.4 million

Lumentum reported net revenue for its fiscal third quarter of 2022 of $395.4 million, with GAAP net income of $26.0 million, or $0.35 per diluted share. Net revenue for the fiscal second quarter of 2022 was $446.7 million, with GAAP net income of $56.7 million, or $0.75 per diluted share. Net revenue for the fiscal third quarter of 2021 was $419.5 million, with GAAP net income of $225.5 million, or $2.85 per diluted share. Non-GAAP net income for the fiscal third quarter of 2022 was $88.9 million, or $1.19 per diluted share. Non-GAAP net income for the fiscal second quarter of 2022 was $120.2 million, or $1.60 per diluted share. Non-GAAP net income for the fiscal third quarter of 2021 was $99.7 million, or $1.26 per diluted share.

"Our results were at the high end of our guidance on all metrics in the third quarter due to solid execution on a global basis," said Alan Lowe, President and CEO.  "Demand for our products continues to accelerate, and we now expect demand to outpace component supplies by more than $100 million in the fourth quarter.  Our fourth quarter revenue is expected to increase from the third quarter, primarily driven by Telecom product shipments."

Mr. Lowe added, "I am highly optimistic about our outlook and believe market inflections beneficial to Lumentum in our addressable markets will drive double-digit revenue growth in fiscal 2023 and beyond."

https://investor.lumentum.com/events-and-presentations/presentations/default.aspx

 

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Fastly searches for a new CEO

 Fastly's Board of Directors has initiated a search to identify the next CEO to replace Joshua Bixby, who will step down as CEO and from the Fastly Board of Directors once the transition is complete.

“I am incredibly proud of what we’ve accomplished during my time at Fastly. We’ve expanded our platform to capture current and future growth and built a world-class leadership team that can confidently take us into the future,” said Joshua Bixby, CEO of Fastly. 

Under Bixby’s leadership, Fastly’s revenue increased at a 33% CAGR from 2019 to 2021, with total customer count growing at a 27% CAGR and enterprise customer count at a 24% CAGR. Fastly has expanded its presence from 26 countries and 55 markets in Q1 2020 to 34 countries and 75 markets in Q1 2022.

Bixby has served as CEO since February 2020 and prior to that held the role of President from May 2017 to February 2020. He has been on the executive leadership team at Fastly since December 2015 and previously served in a part-time advisory role beginning in 2013. During his tenure as Fastly’s CEO, Bixby oversaw the successful acquisition of Signal Sciences and the launch of Fastly’s new Next-Gen WAF. He also recruited seasoned senior leadership team members including Fastly’s current CFO, CRO, CMO and CPO.

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