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-
BT faces mounting clean-up cost of Italian scandal
Global Services unit again causes major problems for UK telecoms group -
Deutsche Telekom eyes up SD-WAN investment
Software-defined WAN provider Aryaka announced the completion of $45 million Series D round of financing, attracting Deutsche Telekom Capital Partners among other names.
The funding from Deutsche Telekom is claimed to be the first telco investment in an SD-WAN technology by a major telco, joining an already heavy weight group of investors including Amazon, Microsoft and Google. Aryaka boasts some pretty impressive figures, growing at more than 100% for five consecutive years and customers in 63 -
The will they/won’t they Verizon and Yahoo saga continues
Verizon has reported declining revenues for the third consecutive quarter, but is remaining quiet on the future of its acquisition of Yahoo.
Revenues for the quarter ending December 31 totalled $32.3 billion, representing a 5.6% decline year-on-year, while the 2016 figures were down 4.3% compared to 2015 at $126 billion. While declines in both revenues and net customer additions are worthy talking points, perhaps more interesting is the avoidance of any meaningful commentary on the Yahoo acquisi -
DSL and LTE bonding: the best of both worlds
Telecoms.com periodically invites expert third parties to share their views on the industry’s most pressing issues. In this piece James Harris, Product Director, Service Provider & Key Accounts Europe at ZyXEL looks at the benefits of combining DSL with LTE for rural coverage.
While the majority of city dwellers have reaped the benefits of increasingly fast broadband speeds, rural customers have been left to make do with sluggish progress and sub-standard networks. For residents i -
Verizon misses estimates ahead of Yahoo purchase
Further declines underscore quest to expand into media and advertising -
Alibaba earnings show its more than just an online bargain hunters paradise
Alibaba has released its quarterly earnings for the period ending December 31, showing the company is more than just an eCommerce giant.
Revenues for the quarter were reported at roughly $7.76 billion, a 54% year-on-year increase, with the core eCommerce business accounting for around 87%, though there were also strong gains in the cloud computing unit and digital entertainment.
Like Amazon, Alibaba has risen to dominance in the eCommerce arena before using its substantial digital capacity and r -
Samsung to gamble by delaying the Galaxy S8 and sticking with the Note brand
Samsung has defied the Note7 debacle to increase its profits by 50%, but there are plenty more challenges to come for its mobile business and elsewhere.
While the profit improvement was provided by other divisions such as components (although presumably not batteries), the performance of the mobile division, if you strip out the Note7 unpleasantness, was also quite healthy.
The 2017 outlook, however, remains complicated. For the whole group there’s the matter of the Korean political corrup -
SpeedCast Strengthens Executive Management Team with Naming of David Kagan as Chief Operating Officer
Appointment to further speed integration activities and intensify focus on operational excellenceSydney, Australia, January 24, 2017 – SpeedCast International Limited (ASX: SDA), a leading global satellite communications and network service provider, today announced the appointment of David Kagan to the position of Chief Operating Officer (COO) reporting to Chief Executive Officer Pierre-Jean Beylier.Kagan comes to SpeedCast from Globalstar, where he served as President and COO. Uniquely q -
HPE adds transparency USP to cloud services with Cloud Cruiser acquisition
HPE has announced a definitive agreement to acquire Cloud Cruiser, a provider of cloud consumption analytics software.
The software itself enables customers to manage and optimize public, private and hybrid cloud usage and spend, on a real-time basis. One of the promises of cloud computing has been flexibility of consumption and the on-demand nature of services. Software such as Cloud Cruiser will give customers greater transparency on how cloud is being consumed within an organization, and thus -
Italian accounting scandal plunges BT into turmoil
UK telco BT has admitted an accounting scandal in its Italian operation is ‘far greater than previously identified’, resulting in a share-price plunge and executive sackings.
BT had previously admitted £145 million worth of Italian book-cooking in October of last year but ahead of its latest round of quarterlies it has decided to confess that further investigations have revealed that was just the tip of the iceberg.
‘These investigations have revealed that the extent and -
BT: rats in the kitchen
Fall in telecom group’s shares is less outlandish than it seems -
Microsoft kicks off fight for cloud privacy against US government
The long-awaited court battle between Microsoft and the Department of Justice has started this week, with the government’s snooping ambitions hanging in the balance.
While the encounter between the two does date back to April 2016, Microsoft has filed an additional brief, adding ammunition to the claim the government’s practice of requesting personal information from the cloud companies, while also simultaneously issuing gag orders, violates the constitutional rights of its customers -
Fujikura Europe adds new suite of laser glass processing systems to product range
Chessington, UK. 24 January 2017: Fujikura Europe today announced the addition of the LAZERMaster™ LZM-110 series – a suite of splicing and glass processing systems that uses a CO2 laser heat source to perform splicing, tapering, and lensing – to its product offering. The entire suite of the LZM-110 series – which was created by sister company AFL – includes the LZM-100M, LZM-110P, LZM-110M+ and LZM-110P+ and is designed to address more specific production applicati -
Telecoms Veteran Rich Grohol Appointed CEO at Telsis
Fareham, UK – January 24, 2017 – Telsis has announced that telecommunications industry veteran Rich Grohol has joined the company as Chief Executive Officer. Rich joins Telsis as the company seeks to increase global penetration for its portfolio of solutions for telecom operators, based on its flagship Ocean Services Platform.Rich Grohol brings with him a strong track record of over 30 years’ experience in the industry of accelerating global sales with network operators. Grohol -
Phasor teams up with Thales Alenia Space for the development of advanced broadband Smart Terminal
Companies sign MoU and will leverage Phasor’s expertise in advanced Electronically Steerable Antenna (ESA) technology for new terminal developmentWashington D.C., Paris, January 24, 2017: Phasor and Thales Alenia Space (TAS) have signed a Memorandum of Understanding (MoU) for the development of a software-defined, smart terminal for commercial Ka satellite communications.The companies will join forces to leverage Phasor’s unique knowledge in the field of electronically steerable ante -
BT warns on profits after Italy accounting scandal
Shares drop 17% as group is also hit by slowdown in UK public spending -
BT warns on profits after Italian writedown balloons
Shares drop 17% as group is also hit by slowdown in UK public spending -
Jio’s big giveaway gamble reshapes Indian mobile
As 70m consumers rush to Ambani’s free data offers, rivals are fighting back -
Yahoo confirms delay to Verizon deal closure
Yahoo late on Monday confirmed the completion of its sale to Verizon has been pushed back to the second quarter.The Internet company originally expected the transaction to close during the first quarter."However, given work required to meet closing conditions, the transaction is now expected to close in Q2 of 2017. The company is working expeditiously to close the transaction as soon as practicable in Q2…read more on TotalTele.com » -
Verizon Q4 revenue down 5.6%
Verizon on Tuesday reported a 5.6% decline in fourth quarter revenue, and revealed it has axed 155 staff at its Go90 mobile video streaming unit.Group revenue fell to $32.24 billion (€30.07 billion) from $34.25 billion. Wireline revenues were down 3.1% to $7.81 billion, while wireless revenue fell 1.5% to $23.38 billion. Group earnings per share came in at $0…read more on TotalTele.com » -
BT Italy scandal deepens, writedown grows to £530m
BT issued a profit warning on Tuesday after revealing that the accounting scandal at its Italian business is bigger than first thought.The U.K. incumbent also wrote down the value of BT Italy – which serves the business market – by £…read more on TotalTele.com » -
Ajit Pai formally nominated as FCC chairman
U.S. president Donald Trump this week formally nominated Ajit Pai as chairman of the Federal Communications Commission.Pai already serves as a Republican commissioner at the FCC…read more on TotalTele.com »
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