Cisco has crossed the $1 billion mark in AI sales, according to CEO Charles Robbins
Following reports earlier this week that thousands of Cisco employees will soon be out of a job, the company has released its Q4 and fiscal year (FY) 2024 results, reporting...
Intel previously held 1.18 million shares in Arm
A recent SEC filing shows that Intel sold its stake in British chip firm Arm Holdings in Q2. The news comes amid the massive job cuts taking place at the company, signaling a larger shakeup within the...
Times are changing. Then again, they are always changing. Over the years, I have given countless briefings at a variety of meetings for CEOs, CMOs, the Board of Directors, employees, customers and investors. As an Industry Analyst, one of my responsibilities is to help...
TIM holds an indirect stake of only 3% in Inwit through its 10% stake in holding company Daphne 3
Telecom Italia (TIM) signed an agreement with Impulse I, a consortium led by private equity group Ardian, to sell its remaining stake in mobile tower company...
Digi is planning a 5G rollout in Portugal using licenses won licenses in 2021
Romania-based Digi Communications’ Portugal subsidiary has agreed to purchase Nowo Communications from MasMovil for $164.8 million. It’s a notable development as just a month ago, the country’s competition authority Autoridade...
Intel revealed plans to reduce its headcount by more than 15%
Intel reported a $1.6 billion loss in Q2 Thursday, resulting in its shares sliding as much as 20%. As part of its statement detailing the disappointing results, the company outlined plans to reduce...
Charter Communications saw its customer numbers impacted by the loss of the federal Affordable Connectivity Program (ACP) during the second quarter, with more losses anticipated for the third quarter of this year.
Charter's total residential and small and medium business (SMB) Internet customers dropped...
Comcast added 322,000 wireless subscribers during the second quarter of 2024, with its wireless customer lines up 20% compared to the same time last year and reaching a wireless customer base of 7.2 million.
The cable MSO saw its domestic broadband revenues grow 3% compared...
Verizon reported improvements to its cash flow and wireless revenue for the fourth consecutive quarter, as well as double-digit broadband subscriber growth
Verizon released second quarter 2024 results today, reporting improvements to its cash flow and wireless revenue for the fourth consecutive quarter, as well...
Huawei filed a lawsuit in a Chinese court, alleging that MediaTek has committed patent infringement
Chipmaker MediaTek confirmed that it has been slapped with a lawsuit from Huawei that alleges the former is guilty of patent infringement. While further details — such as which patents...
Atlas already has a 29% stake in Millicom, and two weeks ago, offered to purchase the remaining shares for $24 each
An independent committee representing Millicom’s board urged shareholders to turn down the offer from Xavier Niel’s Atlas Investissement to buyout the Latin America-focused operator group.
Atlas...
Ericsson and Oppo will also work together on several 5G-related projects, including device testing and marketing
Ericsson and Oppo have entered a multi-year cross-licensing patent agreement that covers patents related to standards for cellular technologies, including 5G. Per the agreement, the handset vendor will make...
July greetings from Cedar Rapids, Kansas City and Washington, DC. Kudos to my brother-in-law, Andrew Ashcroft, for earning his promotion to Captain in the U.S. Navy. It was an honor to join family and friends at the Pentagon earlier this month to celebrate his...
Over the past 35 years I have been privileged to have worked with and advised countless CEOs and CMOs as an Industry Analyst, advisor and columnist. Over that time, I have had many conversations and learned so much, not only about these companies, but...
Silo AI counts Nokia among its partners on AI projects
Semiconductor company AMD has announced that it is buying the largest private artificial intelligence lab in Europe for $665 million in cash, to bolster AI solutions for enterprise that will leverage AMD's chips.
The move is...
Nokia said the purchase of Infinera, along with the sale of the Alcatel Submarine Networks business, will 'reshape' its Network Infrastructure unit
Nokia said it is buying optical networking vendor Infinera for $6.65 per share, equating to a value of $2.3 billion, in a deal...
Liberty started investing in Formula E a decade ago when the race series first emerged
Telecom provider Liberty Global is taking a majority stake in electric car racing series Formula E, by acquiring shares held by Warner Bros. Discovery.
Liberty first put money into Formula E...
Vodafone has sold its Spanish operation to Zegona Communications for $5.4 billion
Vodafone Group completed the sale of its Spanish operation to Zegona Communications for $5.4 billion. The deal, which was first revealed late last year and approved two weeks ago, marks the end of...
Cinco de Mayo greetings from the East Coast and the Midwest. Lots of upcoming travel in the schedule as Jim will be attending the Broadband Communities Summit in Houston this week. If you are there and would like to trade notes, feel free to reach out...
Mobile Virtual Network Operators (MVNOs) are pretty hot right now. The market is calculated to be worth $81.42 billion in 2024 and is anticipated to more than double to $167.7 billion in the next decade. Triggered by rising consumer expectations for digital services tailored...
Extreme Networks’ Chief Product and Technology Officer on AI: 'Start. Learn. Get to a small value'
Last week, RCR Wireless News sat down with Extreme Networks’ Chief Product and Technology Officer Nabil Bukhari at the company’s annual summit in Fort Worth, Texas to find out...
Comcast increases wireless revenues more than 13% YoY
Cable companies Comcast and Charter Communications both reported quarterly earnings in which mobile growth was a bright spot amid customer losses in other areas of their businesses.
Comcast beat analysts' expectations on its first-quarter profit performance. The...
Nokia reported a 20% decline in Q1 2024 net sales
Nokia has reported a “slow start” to 2024 but said this was expected, and that it anticipates things to pick up in the second half of the year. Company President and CEO Pekka Lundmark...
Greetings from the Carolinas and the Midwest. Our Davidson dinner included local telecom/ tech leaders as well as many Davidson students. A great way to get caught up with several of you – thanks for making the evening so special.
We have a full market commentary...
