Search Results for: Open RAN
KT and LG Electronics to cooperate on 6G technologies and standards, especially full-duplex communications
In a joint statement, KT (South Korea’s #2 mobile network operator) and LG Electronics will work together to promote 6G technology research and technology standardization. The two companies plan to develop full-duplex communication technology, global standardization cooperation (presumably in 3GPP and ITU-R WP5D for IMT-2030), and 6G application services and next-generation transmission technologies. The companies had… Read more
Cisco to lay off more than 4,000 as it shifts focus to AI and Cybersecurity
Reuters reports that Cisco Systems will cut thousands of jobs in its second round of layoffs this year. The number of people affected could be similar to or slightly higher than the 4,000 employees Cisco laid off in February, and will likely be announced as early as Wednesday with the company’s fourth-quarter results. The San… Read more
AI wave stimulates big tech spending and strong profits, but for how long?
Big tech companies have made it clear over the last week that they have no intention of slowing down their stunning levels of spending on artificial intelligence (AI), even though investors are getting worried that a big payoff is further down the line than most believe. In the last quarter, Apple, Amazon, Meta, Microsoft and… Read more
T-Mobile posts impressive wireless growth stats in 2Q-2024; fiber optic network acquisition binge to complement its FWA business
T-Mobile US today reported a 4% year-over-year YoY) increase in service revenues, to about $16.4 billion, for the recent second quarter. Total sales increased 3%, to almost $19.8 billion. The un-carrier’s profitability metrics were even better. Adjusted earnings (before interest, tax, depreciation and amortization) rose 9%, to nearly $8.1 billion. T-Mobile’s adjusted free cash flow… Read more
China’s mobile data consumption slumps; Apple’s market share shrinks-no longer among top 5 vendors
Mobile data demand is in a steep decline in China, the world’s largest 5G market by subscribers. China’s MIIT numbers released this week show per user data consumption (DOU) grew just 8.1% in the first half of the year. That compares to a 68% increase in 2019, the year that 5G licenses were issued. That fell… Read more
Microsoft choses Lumen’s fiber based Private Connectivity Fabric℠ to expand Microsoft Cloud network capacity in the AI era
Lumen Technologies and Microsoft Corp. announced a new strategic partnership today. Microsoft has chosen Lumen to expand its network capacity and capability to meet the growing demand on its datacenters due to AI (i.e. huge processing required for Large Language Models, including data collection, preprocessing, training, and evaluation). Datacenters have become critical infrastructure that power the… Read more
Comcast faces competitive intensity; loses 120K broadband subs in 2Q-2024
Comcast today reported adjusted earnings of $1.21 a share for the quarter, beating Wall Street’s call for $1.12, according to FactSet. Revenue of $29.7 billion was slightly below consensus estimates of $30 billion. However, the company reported a loss of 120,000 total domestic broadband customers and 419,000 domestic video subscribers in the 2nd quarter. “The competitive… Read more
Verizon Q2-2024: strong wireless service revenue and broadband subscriber growth, but consumer FWA lags
Verizon Communications wireless and wireline subscriber growth expectations in the second quarter beat estimates with 148K postpaid phone net additions vs. 118K expected. There were 391,000 total broadband wireline net additions. The company ended the quarter with 11.5 million broadband subscribers, up 17.2% year over year. However, the telecom company posted lower operating revenue that was… Read more
Nokia cuts sales forecast as mobile sales drop 25%
Yesterday, Nokia cut its full-year sales forecast as the telecom market remains uncertain with network operators continuing to cut spending (CAPEX) in new network equipment, especially for the disappointing 5G (which is actually 4G with a 5GNR for 5G NSA which are by far the majority of 5G network deployments). Nokia, like its Swedish rival Ericsson,… Read more
Chinese engineers field test a “6G” network with semantic communications on 4G infrastructure
According to the Xinhua news agency, Chinese telecom engineers have established the world’s first field test network for 6G communication and intelligent integration. That’s before 6G is even defined let alone specified by ITU-R WP5D or 3GPP Release 21. The experimental network has demonstrated that semantic communication [1.] can reach the transmission capabilities of 6G on… Read more