Financials

Ooredoo Qatar, in collaboration with Nokia, carried its first data call in 5G SA mode in the capital city of Doha. Nokia AirFrame servers, Cloud Mobility Manager, Cloud Mobile Gateway,...

Ribbon Communications appointed Joni Roberts as Chief Marketing Officer, SVP, reporting to Chief Executive Officer Bruce McClelland. Ms. Roberts previously served as Vice President of Sales and Business Development for...

Infratil acquire an 80% stake in Console Connect, which is a subsidiary of HKT Limited, a leading telecommunications company in Hong Kong, for US$160 million. Console Connect is a top-3...

Philip Jansen announced his intention to step down as CEO of BT at an appropriate time within the next 12 months. BT’s board of directors has begun the search for...

Mitsubishi Heavy Industries has acquired Concentric, a provider of industrial power solutions in North America. Financial terms were not disclosed. Dr. Hitoshi Kaguchi, Senior Executive Vice President at MHI said:...

James Q. Crowe, a technology and telecommunications visionary and  founder of Level 3 Communications, passed away on July 2nd  in Paradise Valley, Arizona, after a battle with pulmonary arterial hypertension....

Cox Communications has acquired full ownership of Unite Private Networks (UPN), a fiber network operator based in Kansas City that serves over 300 communities across 21 states, with 12,000 fiber...

Ericsson will consolidate all of its operations in Estonia into a single, state-of-the art, 50,000 sq m smart hub that comprises test labs, warehouses, production lines, and offices.  The company...

Nokia signed a new patent cross-license agreement with Apple which will replace the current license that is due to expire at the end of 2023. Financial terms were not disclosed....

Coherent appointed Dr. Young-Kai (Y.K.) Chen as Deputy Chief Technology Officer (DCTO), reporting to CTO Dr. Julie Sheridan Eng. Prior to being named DCTO, Dr. Chen was Chief Scientist in...

Cisco announced its intent to acquire SamKnows, a privately held broadband network monitoring company headquartered in London, England. Financial terms were not disclosed. SamKnow offers a FaultFinder solution that monitors...

Pliops, a start-up offering a high-performance data processor for cloud and enterprise data centers, appointed semiconductor industry veteran Ido Bukspan as its new CEO, replacing Pliops co-founder Uri Beitler, who...

IBM agreed to acquire Apptio, a start-up specializing in financial and operational IT management and optimization (FinOps) software, for $4.6 billion.  IBM said the acquisition will accelerate the advancement of...