Ericsson sees limited impact from Covid-19, sales steady, margin rises
Ericsson reported Q11 2020 sales of SEK 49.8 billion compared with SEK 48.9 billion a year ago, representing a decline...
Seagate posts strong quarterly revenue of $2.718 billion
Seagate Technology reported quarterly revenue of $2.718 billion, up from $2.313 million a year ago. Net income (GAAP) was $320...
Facebook bets $5.6 billion on India’s Jio
Facebook will invest ₹ 43,574 crore (approximately US$5.6 billion) in Jio Platforms, a subsidiary of Reliance Industries that includes digital...
Equinix forms $1.0 billion JV with GIC for data centers in Japan
Equinix and GIC, Singapore's sovereign wealth fund, announced a US$1.0 billion initial joint venture to develop and operate xScale data...
PacketFabric appoints Dave Ward as CTO
PacketFabric, which operates a Network-as-a-Service (NaaS) platform for providing data center interconnects, named Dave Ward as its new CEO. Ward...
Interxion plans major data center campus in Paris
Interxion, which is now part of Digital Realty, has begun the construction of a major expansion project in Paris. Interxion...
IDC predicts drop in IT spending in nearly every industry in 2020
IDC is predicting that worldwide IT spending to decline 2.7% this year due to the economic impact of the COVID-19...
T-Mobile US begins activating Sprint’s 2.5 GHz spectrum for 5G
T-Mobile US has begun activating Sprint's 2.5 GHz spectrum in its nationwide 5G network, increasing capacity and boosting speeds for...
Federated Wireless raises $13.7 million for CBRS
Federated Wireless secured $13.7 million in additional Series C funding for its private wireless Connectivity-as-a-Service (Caas) based on CBRS shared...
Juniper supplies managed SD-WAN platform to T-Systems
Juniper Networks has partnered with T-Systems to create and deliver a managed SD-WAN infrastructure as part of an end-to-end service...
Huawei reports Q1 sales of CNY182.2 billion, up 1.8%
Huawei reported first quarter 2020 revenue of CNY182.2 billion (approx US$25.74 billion), an increase of 1.4% year-on-year. The company's net...
Ciena appoints Jürgen Hatheier as CTO for EMEA
Ciena has appointed Jürgen Hatheier as Chief Technology Officer and Vice President of Strategic Sales for the EMEA region. Prior...
Microchip updates its Timing Grandmaster with 5G phase protection
Microchip Technology released software version 2.1 for its TimeProviderÒ 4100 precision timing grandmaster. TimeProvider 4100 is a 1588 grandmaster including...
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