Financials

Digital Realty reported its financial results for the second quarter of 2024, showcasing a steady demand for data center capacity but reflecting some mixed financial metrics. The company posted revenues...

AT&T is benefitting from a growing convergence between its fiber and wireless services, according commentary during the company’s Q2 2024 earnings call with CEO John Stankey. In the second quarter,...

Juniper Networks reported a decline in net revenues to $1,189.6 million, down 17% year-over-year, but up 4% sequentially. The GAAP operating margin fell to 3.8% from 9.9% in the same...

Intel appointed Dr. Naga Chandrasekaran as chief global operations officer, executive vice president and general manager of Intel Foundry Manufacturing and Supply Chain organization, replacing Keyvan Esfarjani, who has decided...

T-Mobile and KKR announced a joint venture partnership to acquire Metronet, enhancing T-Mobile’s digital transformation and expanding its network capacity. As part of the deal, the joint venture will also...

Alphawave Semi reported strong Q2 2024 results, with bookings reaching $107.4 million, up 27% year-over-year. The company attributed its success largely attributed to the growing demand for chiplet-based designs in...

Alphawave Semi  reported strong Q2 2024 results, with bookings reaching $107.4 million, up 27% year-over-year. The company attributed its success largely attributed to the growing demand for chiplet-based designs in...

Comcast reported its second-quarter 2024 results, showcasing mixed performance across its various business segments. In the Connectivity & Platforms division, which includes Residential and Business Connectivity units, revenue remained relatively...

Amphenol agreed to acquire CommScope’s mobile networks businesses for $2.1 billion in cash, subject to customary post-closing adjustments. The acquisition includes CommScope’s Outdoor Wireless Networks (OWN) segment and the Distributed...

Cornelis Networks has announced the appointment of Lisa Spelman as its new chief executive officer (CEO), succeeding Philip Murphy, who will now serve as president and chief operating officer (COO)....

Vantage Data Centers, a global provider of hyperscale data center campuses, has named Emily Friedberg as its inaugural Chief Technology & Innovation Officer (CTIO). Friedberg, with nearly 25 years of...

Ericsson has released its Q2 2024 financial results, reporting a 7% year-over-year decline in sales, though the market area North America grew by 14%. The company’s total reported sales for...

Digital Realty has acquired a highly connected colocation data center in the Slough Trading Estate for US$200 million. This acquisition marks the company’s entry into the west London submarket, complementing...