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...
Test company beat its own guidance but numbers were generally down year-on-year
Keysight Technologies beat its own guidance for its fiscal second quarter and expects revenues to be stable with modest increases in orders during the second half of the year.
Orders for the fiscal...
SoftBank plans to invest a total of $960 million by 2025 to develop generative AI
Japanese operator SoftBank plans to invest a total of JPY150 billion ($960 million) by 2025, with the aim of giving its computing facilities the necessary power needed to develop world-class...
CEO Pekka Lundmark calls results 'a resilient performance considering the challenging environment'
Nokia saw an expected decline in revenues during the fourth quarter and full-year of 2023, but the company's results were better than investors were expecting, due in part to cost-cutting measures. While the...
Vantage's longtime financial backers lead the investment, driven by anticipated need for more data center capacity
Vantage Data Centers has garnered $6.4 billion in equity investment, lead by digital infrastructure investment company DigitalBridge and tech backer Silver Lake, that the data center company says will...
SK Telecom aims to develop a personal AI assistant service that can attract global customers
Korean operator SK Telecom (SKT) announced its ambition to become a global artificial intelligence (AI) company by strengthening its own AI competitiveness and cooperating with partners globally.
SKT’s CEO Ryu Young-sang...
KKR will have the option to increase its stake to 25% by 2027
In a new agreement, a fund managed by KKR is purchasing a 20% stake in Singtel’s regional data center business worth up to S$1.1 billion ($807 million). The deal is part of...
SoftBank will begin building its AI infrastructure by the end of 2023
Japanese operator SoftBank unveiled plans to invest a total of $138 million in advanced computing infrastructure with the aim of powering its own generative artificial intelligence (AI) model to target Japanese enterprises, local...
KT expects to expand its AI-related offerings in the fields of logistics, robots and healthcare
Korean telco KT announced plans to invest KRW7 trillion ($5.4 billion) to develop a large-scale artificial intelligence (AI) system and expand AI-based services by 2025, Korean newspaper Korea JoongAng Daily...
The data centers will support the development of artificial intelligence technology and other tools, said Google
Google revealed plans this week to build two more data centers in Ohio. The additions, which Google said will support the development of artificial intelligence technology and other tools,...
Comcast Business’ portfolio will now include a presence at more than 500 data center locations across the U.S.
Comcast Business announced the expansions of its Texas data center footprint, citing a “growing demand for cloud services and business solutions.” Dallas, Houston, San Antonio and Austin are...
Despite macroeconomic volatility, Equinix sees growth as investment in cloud-enabled digital transformation continues
Looking back a decade, Equinix President and CEO Charles Meyers recalled service providers focused on networks and hyperscalers beginning what would become an incredible growth period. As the world of networks and...
Multi-year master lease agreements insulate American Tower from uncertain economic conditions
American Tower Corporation controls around 223,000 communications sites around the world, and has enjoyed steady growth as operators deploy and scale 5G infrastructure. Speaking earlier this month at the Citi 2023 Communications, Media and...
Technological innovation has immensely helped turn the impossible possible. In this episode, Carrie Charles sits with Tony Grayson, the General Manager of Compass Datacenters, to have a future-forward chat on data infrastructures and technology and what they can offer on sustainability. The two discuss...
Japanese IT firm Fujitsu is to start testing private 5G for equipment inspection at its major data centre in Yokohama, in the Kanagawa prefecture, as a springboard to drive “operational resilience and process automation” in the broader data centre market. The Fujitsu project, to...
Editor’s note: We are very thankful for friends like Jennifer who are there when parental moves come into the picture. Today’s opening picture was snapped last night as we prepared for the last leg of the “Planes, Automobiles, Hurricane, U-Haul, Trains” variant of the...
Arm ups performance and efficiency in new designs to compete with AMD and Intel
Fabless semiconductor maker Arm Ltd. has announced new chip designs that will power the next generation of cloud computing, 5G and High-Performance Computing (HPC) hardware coming next year, to compete with products from...
The new expansion promises support for any data center topology
Juniper Networks this week announced Apstra Freeform, a new expansion to their intent-based data center automation and assurance platform. Apstra Freeform’s cornerstone feature is a new reference design that covers any topology, providing additional flexibility for...
Zayo CEO sees edge as requiring data center capacity, networking and other service support
Multiple mega-trends impacting how telecommunications operators strategically evolve their own businesses while delivering solutions for the digital transformation of their customers depend on access to fiber optic infrastructure. Whether that’s network...
"Growth in 5G adoption" drove $600M in annual wireless revenue – CEO
Semiconductor maker Marvell Technology posted results for its second fiscal quarter on Thursday, with revenues of $1.52 billion for the June quarter, offering adjusted earnings of 57 cents per share. Those numbers were...
Supply chain issues affected Nvidia’s data center sales, and weak guidance suggests a soft Q3 as well
Nvidia announced Q2 earnings after the markets closed on Wednesday, posting revenue of $6.7 billion for the quarter ending July 31, 2022. Net revenue dropped 72% year over year (YoY)...
American Tower will retain managerial and operational control of the data center business
American Tower Corporation and Stonepeak, an investment firm specializing in infrastructure and real assets, announced that Stonepeak, on behalf of certain affiliated investment vehicles, will acquire an ownership interest of approximately 29%...
Microsoft will begin local power grid conditioning in Ireland later this year
The world is turning to renewable energy to reduce greenhouse gas emissions and improve environmental quality. But renewable energy can be wildly variable — solar power efficiency is reduced on cloudy days and,...
