Iridium Communications reported financial results for the first quarter of 2020 and updated its full-year 2020 outlook. Net loss was $31.7 million, or $0.24 per diluted share, for the first quarter of 2020, as compared to net loss of $18.0 million, or $0.18 per diluted share, for the first quarter of 2019. This increase in net loss was primarily the result of debt extinguishment costs associated with Iridium’s refinancing of its senior unsecured notes. Operational EBITDA for the first quarter…
CommScope has announced RUCKUS Analytics, a new cloud service that delivers network intelligence and simplifies service assurance, enabling organizations with complex networks to proactively improve their users’ experience.
Huawei has confirmed steady growth in the enterprise market, achieving a global sales revenue of USD12.8 billion—up 8.6% year-on-year. Huawei's enterprise business has become one of the key drivers of the company's overall expansion. In the Middle East specifically, the company’s enterprise business group achieved exceptional results with sales revenue growing 24% year-on-year, making the region one of the top performers for Huawei globally. As of 2019, more than 700 cities and 228 Fortune Global 500 companies have chosen Huawei…
Rakuten Mobile turned on commercial 4G service after a six-month delay, to become the fourth mobile operator in Japan, a move it claimed made it the first operator with a live service based on fully virtualized infrastructure.
China Mobile, the world’s largest mobile operator, has completed the second phase of its 5G tender and 90% of the contract has been awarded to Huawei and ZTE.
Huawei Consumer Business Group (BG) launched in China the HUAWEI P40 Pro+, HUAWEI P40 Pro and HUAWEI P40, the new HUAWEI P40 Series flagship smartphones featuring cutting-edge designs with ground-breaking camera innovations that radically expand mobile photography and video capture possibilities. The HUAWEI P40 Pro will be available on shelves in the United Arab Emirates on the 9th of April with pre-orders starting on the 2nd April.
After months of consideration, the Federal Communications Commission (FCC) has finally granted SpaceX a license for up to a million terminals that would work on the ground with the company’s Starlink satellite constellation to deliver global broadband internet service. The license, which runs until March 2035, permits Starlink to install the 48cm diameter dishes anywhere in the continental US, plus Alaska, Hawaii, Puerto Rico and the US Virgin Isles. Unlike normal licenses, which specify very precise locations, the FCC has…
Tuesday, 24 March 2020 13:37

T-Mobile, Sprint merger ready to close

Deutsche Telekom’s T-Mobile US has announced that it is financially prepared to close its planned merger with Sprint, based on its previously secured commitments for bridge financing and senior credit facility financing. The company has been in communication with all banks and is confident that they are ready to fund their commitments to support the closing of the merger transaction. The two telcos continue to drive forward toward closing the merger as soon as possible. John Legere, CEO of T-Mobile,…
Twitter has announced it expects operating loss in the first-quarter, and quarterly revenue to be down on a year-over-year basis, as a result of the impact of the coronavirus pandemic. "Twitter had a strong start to the year before the effects of COVID-19 began spreading more broadly...... it has impacted Twitter's advertising revenue globally more significantly in the last few weeks," said Ned Segal, Twitter's Chief Financial Officer. Despite this, the crisis has significantly expanded its average daily user base…
Orange proceeded to land Google’s transatlantic Dunant cable in Saint-Hilaire-de-Riez, in the Vendée region of France, first and terrestrial stage of the laying of this cable. This new 6,600 km long submarine cable linking the United States to France, posed by the company SubCom and scheduled to come into service before the end of 2020, is the result of a project combining Orange and Google. The Europe-United States axis is one of the most important submarine routes in the world…
Huawei held an online press conference in an effort to showcase its latest products and solutions under the theme of ‘5G, Bring New Value’. At the conference, Huawei revealed its latest progress on the deterministic networking oriented 5G core network solution. Pivoting on the key concept of "Cloud Native, One Core, Real-time Operation, and Edge Computing", the solution provides differentiated services and deterministic experience, ushering in a new era of 5G business. The accelerated commercial launch of 5G worldwide will…
Nokia, along with leading operators Telenor and Telia, announced that it has deployed the world’s most advanced shared wireless network supporting a Multi-Operator Core Network (MOCN) feature, enabled for wireless technologies spanning 2G to 5G. The 5G MOCN feature was deployed on a trial network in Denmark and verified with successful end-to-end test calls. MOCN, the most advanced network architecture model allowing for network sharing, enables distinct mobile operators with their own core network to share a common radio access…
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