Lumen counts nearly 1,000 NaaS customers as that business surges
Lumen is tapping into a hot network-as-a-service market with “close to 1,000” customers The company has now inked nearly $9 billion in private connectivity fabric (PCF) deals But it’s still mindful of finances following the sale of its consumer fiber...
Investors to CoreWeave: Slow down!
Investors reacted poorly to CoreWeave’s first earnings report since its IPO The company posted massive revenue growth and unveiled a new $4 billion deal with OpenAI but also plans to spend a hefty sum on capex Analyst Jack Gold said...
Lumen sees enormous potential in more cloud-based voice services
Lumen sees potential to tap into the $47B cloud voice market The company unveiled a new set of cloud-managed products that can be accessed via a single device No comment on rumors of a potential Mass Markets sale, but Lumen...
Charter doesn’t foresee tariff impact on its bottom line
Charter said vendor agreements help minimize tariff impact It touts its convergence strategy aids income-constrained consumers Charter lost 60,000 broadband subs in Q1 but fared better than Comcast Nobody really knows how tariffs are going to pan out, but Charter...
AT&T: Customers will need to deal with priced up handsets
AT&T’s CEO said the potential costs of tariffs on handsets will be passed onto Ma Bell’s customers John Stankey believes that customers will spend on handsets rather than other consumer goods, even if upgrades don’t happen as often The exec...
Charter is delaying DOCSIS 4.0 again. What happened?
Charter pushed back its DOCSIS 4.0 deployment schedule for the second time this year But that’s not surprising, said Dell’Oro’s Jeff Heynen, as Charter has a lot going on with hurricane recovery and its rural buildout Regarding broadband expansion, Charter...
AI sets public cloud growth back on track
Cloud revenue growth has finally returned to healthy levels after suffering declines in 2022 and much of 2023 thanks to a boost from AI Google Cloud and AWS saw the biggest growth rate gains Tier-2 providers and GPU specialists are...
Here’s what analysts think about the Intel layoffs
Intel said it is laying off about 15% of its workforce Most of the cuts will be made by the end of 2024 The move to stop “non-essential work” comes after the company posted a $1.6B loss Cloud providers may...
Nokia net sales down 18%, largely due to India 5G slowdown
Mobile sales declined 25% year-over-year, to €1.97 billion ($2.15 billion) Nokia expects sales to rebound in Q4 and into 2025. Nokia is looking to its $2.3B Infinera acquisition to help turn the business around Hard times aren’t stopping for Nokia,...
Ciena sees ‘funnel’ of opportunities in managed optical fiber
Ciena CEO Gary Smith touted the value of managed optical fiber networks for the company’s revenue Roughly half of Ciena’s total Q2 revenue “is driven now directly and indirectly from cloud providers.” Inventory issues persist, but they’re getting better, a...