Lumentum to acquire Cloud Light for 800G+ modules and AOCs

Lumentum agreed to acquire Cloud Light, a supplier of fiber optic transceivers and active optical cables for intra-datacenter optical interconnect, in a transaction valued of approximately $750 million.

Lumentum said the acquisition will accelerated its push into the fastest growing segments of the multibillion-dollar opportunity for optical modules used in cloud computing data center infrastructure. 

Cloud Light, which is based in Hong Kong, said nearly all of its $200M revenue in the last 12 months was derived from 400G or higher speed transceiver sales. In the most recent quarter, over half of Cloud Light’s optical transceiver revenue was derived from 800G modules.

“With Cloud Light, we are making a strategic investment to significantly expand our opportunities in the cloud data center and networking infrastructure space,” said Alan Lowe, Lumentum president and CEO. “Cloud Light provides us with the highest speed transceiver solutions at scale and complements our advanced component capabilities. This results in a broad product and technology portfolio that addresses a wide range of cloud operator needs.”

“We are confident that this transaction will deliver substantial, long-term value to our stockholders, with immediate earnings accretion and accelerated revenue growth. We look forward to welcoming Cloud Light’s very talented team to Lumentum,” concluded Mr. Lowe.

“Today’s announcement is a pivotal milestone in the history of Cloud Light, and a testament to the hard work and dedication of our employees,” said Dr. Dennis Tong, Cloud Light Founder and CEO. “We founded the company with a vision that our deep expertise in high-volume precision manufacturing would result in a superior value proposition for cloud data center customers. Having worked closely with the technology teams within leading cloud operators, we believe we can build upon our success to date and further accelerate cloud data center growth by combining Lumentum’s advanced photonic integration and transmission technologies with our highly automated packaging and manufacturing processes. We look forward to joining the Lumentum team and beginning an exciting new chapter.”

https://www.cloudlight.com.hk/products/

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

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Jabil to take over Intel's Silicon Photonics transceiver business

Jabil will take over the manufacture and sale of Intel’s current Silicon Photonics-based pluggable optical transceiver product lines and the development of future generations of such modules.

"This deal better positions Jabil to cater to the needs of our valued customers in the data center industry, including hyperscale, next-wave clouds, and AI cloud data centers. These complex environments present unique challenges, and we are committed to tackling them head-on and delivering innovative solutions to support the evolving demands of the data center ecosystem," stated Matt Crowley, Senior Vice President of Cloud and Enterprise Infrastructure at Jabil. "This deal enables Jabil to expand its presence in the data center value chain."

Through its photonics business unit, Jabil empowers organizations to reduce the complexities of developing and deploying enhanced optical networking solutions by offering complete photonics capabilities, including component design, system assembly, and streamlined supply chain management.

“We are pleased to reach this agreement with a world-class supplier like Jabil. We look forward to working closely with Jabil, our customers, and our suppliers to enable a seamless transition as Intel shifts its focus to silicon photonics components for existing markets and emerging applications,” said Safroadu Yeboah-Amankwah, Senior Vice President and Chief Strategy Officer of Intel Corporation.

“Our Design-to-Dust™ capabilities continue to resonate with customers and we are investing in the areas of data center infrastructure services, liquid cooling, and silicon photonics to help our customers solve their challenges. Jabil is extremely well positioned to support customers as they incorporate innovative technologies into their data centers to navigate the increasing requirements around power and cooling being driven by artificial intelligence,” concluded Crowley.

https://www.jabil.com/news/jabil-invests-future-ai-intel-silicon-photonics-transceiver.html

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STL develops 160-micron fibre

STL announced a 160-micron optical fiber developed in India. This product meets telecom-grade optical performance standards and complies with the ITU G.657A2 standard.

STL said its 160-micron fibre packs more capacity in limited duct space with a reduced diameter cable of 6.4mm (~32% reduction compared to 250-micron fibre). 

The new fibre is expected to have a major impact on India's broadband landscape. For example - In a large-scale project like Bharatnet, where India needs to deploy ~20 Million fibre km cable by 2025, using 160-micron fibre instead of the standard 250-micron fibre can potentially reduce the deployment time by ~15%. This enables the use of ducts with a smaller diameter, thereby reducing the plastic footprint in the ground by ~30%.

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Vantage Data Centers completes €2.5 billion financing

Vantage Data Centers completed a previously announced investment partnership in certain Vantage European data center assets backed by a consortium of investors led by MEAG and Infranity, along with funds affiliated with the investment management platform of DigitalBridge.

The Investment Partnership initially consists of six stabilized data centers in strategic locations across Europe and is valued at approximately €2.5 billion (approximately $2.7 billion), including Vantage’s stake. The data centers span more than 1.8 million gross square feet and 177MW of IT capacity and are located in key strategic markets.

Vantage’s management team, led by President and CEO Sureel Choksi, will continue to manage and operate these assets as part of its global data center portfolio. The additional capital raised from the Investor Consortium will be used to support the continued growth of Vantage’s EMEA data center platform.

“This Investment Partnership provides Vantage with multiple partners with deep expertise in digital infrastructure,” said Choksi. “This transaction provides Vantage with additional capital to continue our expansion in new and existing markets across EMEA, capitalizing on the extraordinary growth opportunities, driving innovation and delivering state-of-the-art sustainable data centers for our customers.”

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Arista posts Q3 sales of $1.509 billion, up 28% yoy

Arista Networks reported Q3 revenue of $1.509 billion, an increase of 3.5% compared to the second quarter of 2023, and an increase of 28.3% from the third quarter of 2022. Non-GAAP gross margin six 63.1%, compared to non-GAAP gross margin of 61.3% in the second quarter of 2023 and 61.2% in the third quarter of 2022.  Non-GAAP net income amounted $581.4 million, or $1.83 per diluted share, compared to non-GAAP net income of $391.9 million, or $1.25 per diluted share in the third quarter of 2022. 

Some notes:

• Supply chain and lead time is improving
• International sales amounted to 21.5%, with the Americas at 78.5%. 
• Services and subscription software contributed approximately 16.8% of revenues in the third quarter, up from 15.2% in Q2. 

“Arista once again delivered strong financial results in the third quarter,” says Jayshree Ullal, President and CEO of Arista Networks. “Customer momentum remained strong in both enterprise and cloud/AI sectors.”

Commenting on the company's financial results, Ita Brennan, Arista’s CFO said, “The team continues to demonstrate strong discipline, working to normalize supply chain metrics while delivering incremental improvements to our 2023 outlook, which now calls for year-over-year revenue growth in excess of 33%.”

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KMR confirms $400M investment in OMS for subsea cables

KKR, a leading global investment firm, agreed to invest $400 million in OMS Group, a leading telecom infrastructure company and provider of subsea cable services.

Founded in 1988, OMS Group is a neutral provider of integrated solutions for subsea telecommunications cable services, including installation and maintenance projects. The company's clients include major subsea equipment providers, large-scale cloud service providers, and telecom companies. OMS Group is one of the largest independent operators in this sector, with a diverse fleet including cable ships and cable barges, as well as cable landing stations serving the global telecommunications market.

KKR said this investment positions OMS Group well to accelerate its growth, including through expanding its fleet size and capabilities and investing in cable landing stations and subsea cable routes to serve global fast-growing cross-border data transmission trends and the demand for comprehensive subsea cable services.

Mr Projesh Banerjea, Director, Infrastructure at KKR, said, “OMS Group has established itself as a market leader with a longstanding track record of success and growth in Southeast Asia. As demand for greater connectivity across the region continues to grow, we are delighted to work closely with Datuk Lim, Mr Ronnie Lim, and the highly rated OMS Group team to meet this critical need.”

Datuk Soon Foo Lim, OMS Group’s Chairman, said, “OMS Group and KKR share the same vision and appreciation of the critical data infrastructure OMS Group builds and maintain for its clients. We look forward to working with Mr David Luboff, Mr Projesh Banerjea and the world-class KKR team in advancing OMS Group’s growth plans.”

Past KKR investments in Southeast Asia digital infrastructure have included the regional data center platform of Singtel, a leading Asian communications technology group headquartered in Singapore, and Pinnacle Towers, a digital infrastructure platform in Asia with a strong focus on the Philippines. Globally, KKR’s investments in digital infrastructure have included CyrusOne, a global leader in the development and operation of sustainable, scalable, high-availability and flexible data center solutions, and Global Technical Realty, a build-to-suit and roll-up acquisition data center platform in Europe.

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Windstream appoints Paul H. Sunu as CEO

Windstream named Paul H. Sunu has its new President and CEO, effective immediately, replacing Tony Thomas, who has decided to depart the Company and step down from the Board, following a distinguished 17 years at Windstream. 

Mr. Sunu has served as Chairman of the Board since 2020 and will retain his position. 

Mr. Sunu brings 27 years of telecom industry experience. During his tenure as CEO of FairPoint Communications, he helped improve service quality, develop an 18K-mile fiber network and served over 300 health care facilities and 1,600 fiber-to-the-tower connections, leading to a merger with Consolidated Communications. He was a co-founder of Madison River Communications, where he was instrumental in acquiring and integrating five RLEC operations, resulting in a merger with CenturyLink (now Lumen). He has served on numerous boards, including as Chairman and Vice Chairman of Electric Lightwave, where he helped guide the transformation of the company’s business model into a fiber-centric operation, resulting in a merger with Zayo.

“Over the past three years as Chairman, I have come to appreciate the caliber of the management team and the determination, dedication and talent within Windstream. I look forward to working with them to serve our customers with excellence as we continue to expand our fiber network,” said Mr. Sunu.

During Mr. Thomas’ tenure, Windstream acquired, merged and integrated several companies, successfully restructured under Chapter 11 and launched its fiber transformation. Mr. Thomas also held several leadership positions, including CFO of Windstream.

“I am proud of what we have achieved at Windstream,” said Mr. Thomas. “I thank the Board for their support and remain confident that the Company is on the right course.”

Windstream is owned by Elliott Investment Management, OakTree Capital Management, PIMCO and other principal investors.

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Hawaiki Nui subsea cable system expands its Pacific reach

The Australian Government awarded contracts to Hawaiki Nui Submarine Cable, which is a division of BW Digital, to enhance international connectivity throughout the Pacific region via additional branches.

Hawaiki Nui is a new Spatial Division Multiplexing (SDM) fibre optic cable linking South-East Asia, Australasia and North America. Construction of the system is due to start in 2024, with an expected cable ready for service (RFS) date in 2026.

The contracts, comprising agreements to supply and install branching units and an indefeasible right of use for capacity on the Hawaiki Nui submarine cable, will be funded by the Australian Infrastructure Financing Facility for the Pacific (AIFFP). 

“The contracts between the Australian Government and BW Digital demonstrate our joint commitment to bridge the digital divide and provide secure, high-speed connectivity to Pacific island countries,” said Ludovic Hutier, chief executive officer of BW Digital.

“This agreement also reflects BW Digital’s strategy to build a trusted ecosystem of digital infrastructure servicing the needs of governments, businesses and communities throughout the Asia-Pacific region” he added.

Hawaiki plans transpacific SDM cable with 240 Gbps design capacity

Sunday, November 07, 2021    

Hawaiki Submarine Cable Limited Partnership (Hawaiki) announced plans for a new spatial division multiplexing (SDM) cable linking South-East Asia, Australasia and North America. 

The Hawaiki Nui system, which will span an estimated 22,000 km, will have a design capacity of 240Tbps and provide end-to-end connectivity between the three main hubs of the Pacific region: Singapore, Sydney and Los Angeles. The company plans to begin construction next year, with an expected cable ready for service (RFS) date in 2025.

Hawaiki has selected PT Mora Telematika Indonesia (Moratelindo) as its strategic partner for Indonesia, where it will have landings in Jakarta and Batam.

In Australia, Hawaiki Nui will serve both international and domestic capacity requirements, linking Sydney, Melbourne, Brisbane and Darwin, while providing them with direct access to Singapore and Los Angeles.

Hawaiki Nui will also be the first international cable to land in the South Island of New Zealand, linking Christchurch, Dunedin and Invercargill directly to Australia via a new and fully diverse subsea route. In addition, two branches will be built to connect Oahu and Big Island in Hawaii.

• In 2021, Hawaiki announced the sale of 100 per cent of the shares of the company to BW Digital, an affiliate of Singapore-based global maritime conglomerate BW Group. 

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Tech Update: Silicon Building Blocks for Quantum Computing

Infineon is taking a pioneering role in the development of core technologies for quantum computing. Sebastian Luber, Senior Director of Technology and Innovation, explains:

- Infineon's approach to building quantum computers, utilizing three different technologies: superconductors, semiconductors, and ions. 

- The unique properties and applications of these technologies, from amplifying extremely small signals with superconductors, confining single electrons with semiconductors, to capturing ions with ion trap chips.

- The immense potential of quantum computing, especially when combined with quantum sensors to build quantum networks, opening up a whole new range of applications.

https://youtu.be/GtXe7HR0OxE

Filmed at Infineon's #Oktobertech event in Silicon Valley.

Have a tech update that you want to brief us on? Contact info@nextgeninfra.io!

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Tech Update: Opening the Window to Physical AI

Imagine being able to ask AI about what's happening right now in your physical environment. Jaime Lien, Founder & Head of Hardware and Signal Processing from Archetype AI, explains:

- Archetype AI is developing a generative AI foundational model that translates sensor data into a semantic and natural language format. This allows anyone to understand and interact with complex sensor data.

- Their demo showcases how their model can interpret data from a radar sensor developed by Infineon, providing insights about the physical world around it. Users can ask high-level questions and receive responses about detected objects, their locations, and movement patterns.

- The model is multimodal, meaning it can handle data from various sensors like radar, camera, audio, etc. It maps these different modalities to a common embedding space, allowing for data fusion and providing insights that humans can easily understand. 

https://youtu.be/VR8rNxEsvl8

This innovative approach to sensor data interpretation opens up new possibilities for monitoring and alerting systems, making them instantly accessible and available to anyone without any coding or programming knowledge.

Filmed at Infineon's #Oktobertech event in Silicon Valley.

Have a tech update that you want to brief us on? Contact info@nextgeninfra.io!

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STL launched a range of Eco-labelled Certified Optical Products

The range of optical products is recognised by US-based Sphera, an ESG performance consulting services company, and verified by Metsims Sustainability Consulting, a global sustainability consulting firm.

These ISO 14024 and EU guidelines compliant Ecolabels granted to STL's products are multi-attribute in nature, which means they cover many distinct environmental parameters such as energy use, chemical use, recycling, and more. 

STL says that when compared to standard products, these Eco-labelled products:

* Utilise ~52% less energy

* Carry ~75% less global warming potential

* Use ~18% more recycled content and ~25% more recycled packaging material and water

* Reuse and recover ~20% more waste

* Enhance the longevity of the network by nearly 13 years.

"As we announce this groundbreaking development today, I couldn't have been prouder. Our Eco-labelled products represent a monumental step forward for our customers' green journeys and put India at the forefront of concrete sustainability action. I'm sure it would create ripple effects of sustainable development in the entire digital networks industry across the world," said Ankit Agarwal, Managing Director, STL.

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Qualcomm targets cross-platform device connectivity

Qualcomm introduced Snapdragon Seamless, a cross-platform technology that enables Android, Windows and Snapdragon devices using other operating systems to discover each other and share information to work as one integrated system.

For example:

* Mice and keyboards can work seamlessly across PCs, phones and tablets.

* Files and windows can be dragged and dropped across different types of devices.

* Earbuds can switch intelligently based on the priority of an audio source.

* XR can extend the abilities of smartphones.

https://www.qualcomm.com/news/releases/2023/10/qualcomm-unveils-snapdragon-seamless-to-allow-your-devices-to-wo

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SpaceX completes 50th Starlink launch of 2023

On Sunday morning, SpaceX successfully launched 22 Starlink satellites into low Earth orbit from  Space Launch Complex 4 East (SLC-4E) at Vandenberg Space Force Base in California..

This marks the 50st Starlink launch of 2023. And the seventh flight for the first stage booster supporting this mission, which previously launched Space Development Agency’s Tranche 0 mission and now six Starlink missions.

https://www.spacex.com/launches/mission/?missionId=sl-7-6

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Huawei cites 2.4% sales growth through Q3

During the first nine months of 2023, Huawei generated CNY456.6 billion in revenue, with a year-on-year increase of 2.4% and a net profit margin of 16.0%.

"The company's performance is in line with forecast," said Ken Hu, Huawei's Rotating Chairman. "I'd like to thank our customers and partners for their ongoing trust and support. Moving forward, we will continue to increase our investment in R&D to make the most of our business portfolio and take the competitiveness of our products and services to new heights. As always, our goal is to create greater value for our customers, partners, and society."

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Telxius to extend Tikal subsea cable to Mexico

Telxius unveiled plans to extend its Tikal subsea cable system via a spur to Cancun, Mexico.

Tikal was announced jointly with America Movil in January 2023 to connect Puerto Barrios (Guatemala) to Boca Raton (United States). Telxius will now lead independently, on its own, the extension project to Cancun and the related supply contract is already in force with ASN.

Tikal’s main trunk will launch with an initial estimated capacity of 380 Tbps and will serve a key route in the Caribbean with the highest levels of service, reliability and security. The estimated Ready For Service (RFS) date is mid-2026. This next-generation cable will now land in Mexico through the extension to Cancun. There is an option to extend it further to Barranquilla (Colombia).

“The extension demonstrates Telxius’ continuous commitment to providing state-of-the-art, digital infrastructure in the Caribbean and throughout the Americas. Our partners and customers benefit from an ultrahigh capacity network, low latency and enhanced resiliency. We are proud of our ongoing expansion efforts, ensuring connectivity to key digital hubs in the Americas and Europe”, said Mario Martín, CEO at Telxius.

https://telxius.com/en/telxius-extends-its-ultrahigh-capacity-subsea-cable-system-tikal-to-mexico/

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Dell'Oro: Coherent Optical Transceiver Shipments to grow at 17% CAGR

Dell'Oro Group is forecasting that coherent optical transceiver shipments will grow at a 17 percent compounded annual growth rate (CAGR) for the next five years. Additionally, the Coherent Optics market is undergoing a tectonic shift with the availability of small form factor pluggable optics that will increase the use of coherent technology in routers and ethernet switches.

"The demand for coherent technology is expanding," stated Jimmy Yu, Vice President for Optical Transport market research at Dell'Oro Group. "This is in part due to the continuous need for better, lower powered, and higher capacity transceivers that meet future global network requirements," added Yu.

"Historically, the majority of coherent optics have predominantly found their application in DWDM systems," stated Sameh Boujelbene, Vice President for Ethernet Switch market research at Dell'Oro Group. "However, with vendors making strides in developing smaller and more energy-efficient coherent transceivers, the scope of their use is rapidly expanding. This expansion encompasses not only the range of platforms they can support, but also the diversity of applications to which they can cater," added Boujelbene.

Additional highlights from the Coherent Optics Report:

• Coherent Optics market is predicted to reach nearly $13 billion by 2027. This growth will be driven by both form factors: Module/Embedded and Plug. Pluggable transceivers are projected to grow at the highest rate and contribute most of the volume growth for the next five years.
• The use of coherent transceivers on DWDM Systems will continue to contribute the largest share of the market revenue. However, within a short period of time, the use of coherent optics on Router & Switch platforms will reach material levels.
• Coherent optics deployed on Router & Switch platforms will account for more than 50 percent of the annual increase in transceiver shipments throughout the forecast period. This will be due to the availability of ZR Optics, beginning with 400ZR and carrying through to 1600ZR.

https://www.delloro.com/news/coherent-optical-transceiver-shipments-to-grow-at-17-percent-cagr/

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AWS generated Q3 sales of $23 billion, up 12% yoy

Amazon reported AWS Q3 sales of $23.1 billion, up 12% year-over-year. AWS operating income for the quarter amounted to $6.976 billion, up 29% yoy.

“We had a strong third quarter as our cost to serve and speed of delivery in our Stores business took another step forward, our AWS growth continued to stabilize, our Advertising revenue grew robustly, and overall operating income and free cash flow rose significantly,” said Andy Jassy, Amazon CEO. “The benefits of moving from a single national fulfillment network in the U.S. to eight distinct regions are exceeding our optimistic expectations, and perhaps most importantly, putting us on pace to deliver the fastest delivery speeds for Prime customers in our 29-year history. The AWS team continues to innovate and deliver at a rapid clip, particularly in generative AI, where the combination of our custom AI chips, Amazon Bedrock being the easiest and most flexible way to build and deploy generative AI applications, and our coding companion (CodeWhisperer) allowing enterprises to have the equivalent of an experienced engineer who understands all of their proprietary code is driving momentum with customers, including adidas, Booking.com, GoDaddy, LexisNexis, Merck, Royal Philips, and United Airlines, all of whom are starting to run generative AI workloads on AWS. Between AWS re:Invent and our 29th holiday shopping season, this is a particularly action-packed time of year at Amazon and we’re excited for what’s to come.”

AWS highlights

• Launched the AWS Israel (Tel Aviv) Region and a new AWS Local Zone in Phoenix, Arizona. The AWS Israel (Tel Aviv) Region is estimated to support an average of 7,700 full-time equivalent jobs annually through a planned investment of $7.2 billion through 2037.
• Kicked off Project Kuiper’s Protoflight mission with the launch of two prototype satellites aboard an Atlas V rocket from United Launch Alliance. Project Kuiper, Amazon’s low Earth orbit satellite broadband initiative, will use this multimonth mission to test its satellites and network from space, and collect data ahead of the planned start of satellite production later this year. Project Kuiper also announced a partnership with Vodafone and Vodacom to extend the reach of their 4G/5G networks in Africa and Europe, provide backup to businesses, scale for major events, and quickly recover after disasters.

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Juniper posts revenues of $1.398B, down 1% yoy

Juniper Networks reported net revenues of $1,397.8 million for the three months ended September 30, 2023, a decrease of 1% year-over-year and a decrease of 2% sequentially. Non-GAAP operating margin was 17.5%, an increase from 17.2% in the third quarter of 2022, and an increase from 16.9% in the second quarter of 2023. Non-GAAP net income was $193.9 million, an increase of 2% year-over-year, and an increase of 3% sequentially, resulting in non-GAAP diluted net income per share of $0.60.

“We delivered better than expected Q3 results due to another record quarter in our enterprise business, which represented more than 50% of total company revenue for the first time in the company’s history,” said Juniper’s CEO, Rami Rahim. “While we are continuing to experience headwinds from our cloud and service provider customers, many of which are still digesting prior purchases, our enterprise momentum remains strong and provides confidence in our future growth prospects.”

“We delivered another quarter of improved profitability in Q3, as non-GAAP gross and operating margin both exceeded the mid-point of our guidance, which enabled us to achieve non-GAAP EPS above the high-end of our outlook,” said Juniper’s CFO, Ken Miller. “We remain committed to delivering greater than 100 basis points of non-GAAP operating margin expansion in 2023 and see the potential to deliver further improvement in 2024.”

https://newsroom.juniper.net/news/news-details/2023/Juniper-Networks-Reports-Preliminary-Third-Quarter-2023-Financial-Results/default.aspx

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Intel posts Q3 sales of $14.2 billion

Intel posted Q3 revenue of $14.2 billion, down 8% from the same period last year. 

Intel also said that it remains on track to meet its goal of achieving five nodes in four years and to regain transistor performance and power performance leadership by 2025. Along with Intel 7, Intel 4, the company’s first node using extreme ultraviolet (EUV) technology, is now in high-volume manufacturing. Intel also achieved a critical milestone on Intel 18A with the release of the 0.9 PDK

• Client Computing Group (CCG) revenue was $7.9 billion, down 3%
• Data Center and AI (DCAI) revenue was $3.8 billion, down 10%
• Network and Edge (NEX)revenue was $1.5 billion, down 32%
• Mobileye revenue was $530 million, up 18%
• Intel Foundry Services (IFS) revenue was $311 million, up 299%

"We delivered a standout third quarter, underscored by across-the-board progress on our process and product roadmaps, agreements with new foundry customers, and momentum as we bring AI everywhere,” said Pat Gelsinger, Intel CEO. “We continue to make meaningful progress on our IDM 2.0 transformation by relentlessly advancing our strategy, rebuilding our execution engine and delivering on our commitments to our customers.”

https://www.intc.com/news-events/press-releases/detail/1655/intel-reports-third-quarter-2023-financial-results

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Ribbon posts revenue of $203M on strong IP Optical sales

Ribbon Communications reported Q3 revenue of $203 million, compared to $207 million for the third quarter of 2022 and $211 million for the second quarter of 2023.

"Ribbon delivered solid earnings in the third quarter as GAAP Income from Operations improved by $4 million and Non-GAAP Adjusted EBITDA increased 21% year over year. IP Optical Networks sales have increased 14% year-to-date and were up 6% in the third quarter with approximately 50% sales growth in India, the U.S., and Japan. However, IP Optical Networks sales in the EMEA region were approximately 20% lower in the quarter. Strategically, we went into live commercial service with our Neptune IP Router at a U.S. Tier One Service Provider this quarter. Cloud & Edge sales were lower primarily due to reduced spending from U.S. Tier One Service Providers, offset by additional voice modernization sales to U.S. Federal agencies," stated Bruce McClelland, President and Chief Executive Officer of Ribbon Communications.

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