Nvidia CEO: 'This is a home run deal'
Nvidia’s $7 billion acquisition of computing networking company Mellanox Technologies has been finalized following delayed regulatory approval, and Nvidia CEO Jensen Huang couldn’t be happier.
“This is a home run deal,” Huang told CNBC. "Man, I've been dreaming...
Chinese vendor ZTE reported operating revenue of CNY21.48 billion ($3 billion) in the first quarter of 2020, down 3.2% year-on-year, chiefly due to the negative impact of Covid-19 (coronavirus) lockdown measures in China.
The vendor said that net profit attributable to holders of ordinary shares...
Ericsson currently has 31 live networks in 17 countries
Thai mobile service provider True Corporation has selected Ericsson as a 5G Radio Access Network (RAN) vendor as part of its national 5G network, which will operate on 700 MHz, 2.6 GHz and 26 GHz frequencies in...
Chinese vendors Huawei and ZTE have secured the majority of a contract to provide up to 250,000 5G base stations to China Telecom and China Unicom, Chinese press reported.
With these new contracts, the two Chinese vendors have already secured more than 80% of China’s...
Homebound April greetings from Lake Norman, where North Carolinians are beginning to come out for Chick-fil-A (pictured is the drive-thru at the Mooresville location last Friday evening). So much for sheltering in place. This week, we’ll examine the earnings of two telecom leaders, Verizon...
As someone who has been following AT&T for decades, I see an interesting pattern in the change from Randall Stephenson to John Stankey as CEO of AT&T. While the future direction and success of AT&T is up to Stankey, the next hand has been...
Earlier this week AT&T withdrew 2020 guidance due to COVID-19 impact
Following the companies first quarter earnings call this week, AT&T announced that CEO Randall Stephenson, 60, will retire from his position but stay on as Executive Chairman of the Board of Directors until January...
German carriers Deutsche Telekom (DT) and Vodafone Germany are in the process of expanding 5G coverage across the country through the use of Dynamic Spectrum Sharing (DSS) technology.
Deutsche Telekom said that this expansion in 5G coverage will allow more than half of the German...
Dish: 'An OpenRAN architecture provides the opportunity to utilize “a diverse technology ecosystem'
Now that the Sprint/T-Mobile merger has officially been finalized, Dish Network is on its way to being one of the big four U.S. mobile operators. As part of its plan to develop...
China Unicom said the outbreak of the COVID-19 pandemic in China has slowed the deployment of 5G networks and impacted business development.
In a statement, the company said the pandemic has also increased demand for digitalization, which could translate into new business opportunities.
The carrier’s net...
The Facebook, Reliance Jio collaboration will involve bringing together JioMart with WhatsApp
Facebook is making a $5.7 billion investment in Reliance Jio, translating to a 9.99% stake in the Indian mobile carrier’s operations.
Facebook spoke of the development on its corporate website where comments made by...
AT&T attributes approximately $600 million impact to COVID-19 pandemic
AT&T this week withdrew all previous financial guidance based on uncertainty around the long-term impact the ongoing COVID-19 pandemic will have on financial markets and consumer confidence. However, company President and Chief Operating Officer John Stankey...
US Cellular and Ericsson have added additional capacity to more than 200 sites
In response to increased data usage as a result of the ongoing COVID-19 pandemic, US Cellular, with Ericsson support, has begun to increase capacity for customers in Wisconsin, Iowa, Illinois, New Hampshire,...
Chinese vendor Huawei reported revenues of CNY182.2 billion ($25.75 billion) in the first quarter of 2020, up only 1.4% year-on-year, the company said in a release.
Huawei also said its net profit margin for the quarter was 7.3%, down from 8% in Q1 2019.
In the...
China Mobile, the world’s largest operators in terms of subscribers, added 29.17 million 5G subscribers in the first quarter of 2020, the company said in its earnings release.
The carrier said it ended March with a total of 31.72 million 5G subscribers, compared to 2.55...
Alibaba operates 10 data centers in China and 11 more internationally
In response to the ongoing COVID-19 pandemic, which has heightened demand for cloud computing services and technology, Chinese company Alibaba revealed that it will invest 200 billion yuan ($28.26 billion) in its cloud computing...
Korea’s main telecom operators expect to commercialize an ultrafast mmWave 5G network this year, The Korea Herald reported, citing industry sources.
According to the report, the mmWave 5G service will be initially available for the business-to-business segment. Operators have not yet finalized investment plans for...
Research firm IDC predicts that telecommunications services spending will be about the same as it was last year, due to the mixed impacts of the coronavirus pandemic.
IDC expects telecommunication services spending to hit $1.6 billion in 2020, which is nearly flat compared to last...
Tech hub Shenzhen working toward blanket 5G coverage
The municipal government of China’s Shenzhen city plans to deploy a total of 30,000 new 5G base stations during 2020, Chinese press reported.
According to local municipal authorities, this deployment will allow Chinese carriers to provide full 5G...
The new 5G network in Hungary uses the spectrum in the 3.6 GHz frequency range
Last week, Magyar Telekom and Ericsson officially brought 5G to Hungary, launching intial services in parts of Budapest, the town of Zalaegerszeg and Magyar Telekom’s headquarters in Könyves Kálmán körút....
All eyes now on MWC Los Angeles
Following its at-the-time unanticipated but retrospectively lauded decision to cancel Mobile World Congress Barcelona in February, as COVID-19 gained a foothold in Europe, the GSMA announced it will cancel the companion event in Shanghai previously scheduled for June...
Early Earth Day greetings from Lake Norman/ Charlotte, North Carolina. Pictured are some peach iris in our front yard – nature is not missing a step in April, and reminds us all of its beauty on crisp, sunny spring mornings.
Len Lauer (1958-2020)
We have a...
Connecticut-based Frontier Communications on April 14 announced it was voluntarily entering chapter 11 bankruptcy protection after missing an interest payment on unsecured debt in March. Despite this development, Frontier said it would continue providing services to its customer base.
Frontier provides telephone, broadband and television...
Turkcell has already virtualized 60% of its mobile core services
In March, Mavenir and Turkey’s largest mobile operator Turkcell partnered up to test and deploy OpenRAN vRAN, beginning with trials of fully containerized CU/DU and Open FH with Split 7.2 and the deployment of the...
