Tuesday, January 29, 2019

Verizon looks to 5G transformational change

Verizon posted flat overall sales for the last quarter of 2018, continued growth in retail postpaid net mobile customer lines, continued growth in FiOS services, and a steeper loss in its media business. For 2019, the big hope is on 5G. The company's guidance is for overall revenue (GAAP) to remain a low single digit.

"Verizon finished 2018 by delivering solid financial and operational performance, as evidenced by our strong wireless service revenue and earnings growth," said CEO Hans Vestberg. "2018 was a remarkable year full of 5G firsts, including being first in the world to commercially deploy 5G with our 5G Home product. As we head into 2019 and the 5G era, we're beginning a period of transformational change. We are laser focused on delivering customers a best-in-class and game-changing experience on our networks."

Verizon reported Q4 2018 revenue $34.3 billion, up 1.0 percent from fourth-quarter 2017.  EPS for the quarter was 47 cents, compared with $4.56 in fourth-quarter 2017.

Some highlights:



Wireless results

  • Verizon reported 1.2 million retail postpaid net additions in fourth-quarter 2018, consisting of 653,000 phone net additions, 11,000 tablet additions and 556,000 other connected devices, primarily wearables. Postpaid smartphone net additions were 873,000, compared with 647,000 in fourth-quarter 2017, a 34.9 percent increase.
  • Verizon reported full-year 2018 postpaid net additions of 2.5 million, consisting of phone net additions of 1.1 million, tablet losses of 181,000 and 1.6 million other connected device additions. Postpaid smartphone net additions for full-year 2018 were 2 million, up 13 percent year over year.
  • Total revenues were $24.4 billion, an increase of 2.7 percent year over year. For full-year 2018, operating revenues totaled $91.7 billion, an increase of 4.8 percent year over year. Excluding the impact of the revenue recognition standard, total revenues grew 2.1 percent year over year in fourth-quarter 2018 and 4.4 percent for the full year, compared with 2017, to $24.3 billion and $91.3 billion, respectively.
  • Service revenues increased 0.1 percent in fourth-quarter 2018, driven by ongoing customer growth, step-ups to unlimited plans and the benefits of customers customizing their experience through mix-and-match plans. Full-year service revenues decreased 0.2 percent year over year. Excluding the impact of the revenue recognition standard, service revenues increased 1.9 percent in fourth-quarter 2018 and 1.7 percent for the full year, on a year over year basis.
  • Total retail postpaid churn was 1.08 percent in fourth-quarter 2018, and retail postpaid phone churn was 0.82 percent.
  • Segment EBITDA (non-GAAP) totaled $10.4 billion in fourth-quarter 2018, an increase of 9.7 percent year over year. Excluding the impact of the revenue recognition standard, segment EBITDA totaled $9.8 billion in fourth-quarter 2018. Segment EBITDA margin on total revenues (non-GAAP) was 42.5 percent. Excluding the impact of the revenue recognition standard, segment EBITDA margin was 40.5 percent. For the full year, segment EBITDA margin was 46.4 percent in 2018, compared with 44.1 percent in 2017.

Wireline results

  • Total wireline revenues decreased 3.2 percent year over year in fourth-quarter 2018 and 3.0 percent for the full year, compared with 2017, to $7.4 billion and $29.8 billion, respectively.
  • Total Fios revenues grew 2.5 percent year over year, excluding the impact of the revenue recognition standard. In fourth-quarter 2018, Verizon added a net of 54,000 Fios Internet connections and lost a net of 46,000 Fios Video connections, continuing to reflect the shift from traditional linear video to over-the-top offerings. At year-end 2018, Verizon had 6.1 million Fios Internet connections and 4.5 million Fios Video connections.
  • Wireline operating loss was $273 million in fourth-quarter 2018, and segment operating loss margin was 3.7 percent. Full-year 2018 segment operating loss was $273 million, and segment operating loss margin was 0.9 percent.
  • Segment EBITDA (non-GAAP) was $1.3 billion in fourth-quarter 2018. Excluding the impact of the revenue recognition standard, segment EBITDA was $1.2 billion. Segment EBITDA margin (non-GAAP) was 17.6 percent in fourth-quarter 2018, compared with 20.9 percent in fourth-quarter 2017. Excluding the impact of the revenue recognition standard, segment EBITDA margin was 16.9 percent. For the full year, segment EBITDA margin was 19.9 percent in 2018, compared with 21.1 percent in 2017.


Juniper posts Q4 sales of $1.18B, down 5%, weakness in cloud & SP

Juniper Networks reported Q4 2018 preliminary net revenues of $1,181.0 million, a decrease of 5% year-over-year, and flat sequentially. GAAP operating margin was 16.7% and non-GAAP operating margin was 21.1%. GAAP net income was $192.2 million, compared to a net loss of $148.1 million in the fourth quarter in 2017, and a decrease of 14% sequentially, resulting in diluted earnings per share of $0.55. The year-over-year change in GAAP net income was primarily due to a lower effective tax rate. Non-GAAP net income was $205.7 million, an increase of 3% year-over-year and an increase of 8% sequentially, resulting in non-GAAP diluted earnings per share of $0.59.

“We are disappointed by our Q4 sales, as continued weakness with several of our cloud and service provider customers more than offset solid momentum in our enterprise business,” said Rami Rahim, chief executive officer, Juniper Networks. “We are taking actions to drive improved sales execution and capitalize on the attractive end market opportunities that we expect to emerge in 2019. We remain confident in our strategy and believe we have the products needed to win in the market.”

Some highlights:

  • In security, Juniper experienced 34% quarter over quarter and 18% year over year growth, and surpassed $100 million in quarterly revenue for the first time in several years. The company is confident that its security business will grow in 2019.
  • Juniper’s enterprise business grew 13% quarter over quarter and 14% year over year due to broad based strength across products and geographies. Juniper is optimistic this business will continue to see healthy trends in the coming quarters and remain a growth driver for the company in 2019.
  • The company’s software business grew 32% year over year and accounted for more than 10% of total revenue during Q4 ’18.
  • While the company continued to experience weakness within the cloud and service provider verticals, the 400G transition will present opportunities for Juniper to take share later this year. Additionally, Juniper’s MX5G product refresh, Contrail solutions and partnership with Ericsson position the company to capitalize on carrier 5G deployments.

Regarding its Q1 revenue outlook, Juniper said it sees continued weakness with cloud customers. The outlook also factors in changes to its go-to-market organization, the partial US federal government shutdown and geopolitical uncertainty. Juniper expects to return to year-over-year growth at some point in the second half of the year.

Guidance for the quarter ending March 31, 2019 is as follows:

  • Revenue will be approximately $980 million, plus or minus $30 million.
  • Non-GAAP gross margin will be approximately 58.5%, plus or minus 1%.
  • Non-GAAP operating expenses will be approximately $485 million, plus or minus $5 million.
  • Non-GAAP operating margin will be approximately 9% at the midpoint of revenue guidance.
  • Non-GAAP net income per share will be approximately $0.20, plus or minus $0.03. This assumes a share count of approximately 349 million.


NEC selected for 96 Tbps SxS cable from Guam to California

NEC has been awarded a turnkey contract to be the system supplier for the SxS Cable System (SxS), a 10,500-kilometer subsea cable system that will directly connect Guam and California. The SxS cable has an initial design capacity of more than 96 terabits per second (Tbps).

The project is commissioned by RTI Connectivity Pte. Ltd. (RTI-C).

Russ Matulich, RTI-C’s CEO, acknowledged this important milestone stating, “The addition of SxS complements our more than $500 million of investments towards ensuring the fastest connectivity between essential neutral POPs in Asia, Australia and the United States. SxS will seamlessly interconnect with our HK-G, JGA North, JGA South and SEA-US cable systems in a new purpose-built, RTI-owned facility in Guam. SxS strongly positions RTI to provide large-scale connectivity for our customers for years to come.”

RTI-C is headquartered in Singapore, and RTI is headquartered in San Francisco, California.

http://www.rticable.com

Spectra7 and FIT demo SFP-DD Active Copper Cable

Spectra7 Microsystems and Foxconn Interconnect Technology (FIT) are demonstrating Active Copper Cable (ACC) interconnects supporting the new SFP-DD standard for higher speed and higher density server connections at this week's DesignCon 2019 expo in Santa Clara, California.

The cables use Spectra7’s low-power analog GaugeChanger chips to enable 4X increase in bandwidth over currently deployed SFP28 interconnects in hyperscale and enterprise data centers.

Currently deployed SFP interconnects operate at 25-28 Gbps but will soon move to 56 Gbps PAM4 signaling. The new SFP-DD electrical interfaces are designed to support 2 lanes that operate up to 25 Gbps NRZ or 56 Gbps PAM4 per lane, providing solutions up to 50 Gbps or 112 Gbps PAM4 aggregate. By doubling the lane density and data speed of SFP transceivers, the SFP-DD specification addresses increased port density and scalability in next-generation applications.

“FIT is a leader in the data center interconnect market,” said Spectra7 CEO Raouf Halim. “This joint demonstration at 112 Gbps of SFP-DD is another major milestone as we continue to leverage our technology in the latest data center standards.”

Cignal AI: Coherent Port Pricing Trends

The cost of coherent optical ports continues to drop steeply, according to a newly published report from Cignal AI using data from 3Q18. Trend analysis is provided based on past performance and future expectations as the industry migrates to fourth-generation solutions (400ZR).

Vendors included in the report are ADVA, Ciena, Cisco, Coriant, Fujitsu, Huawei, Infinera, Nokia, and ZTE. All vendors tracked in the report shipped 200G-capable optics last year.


Other findings in the 3Q18 Coherent Port Pricing Trends Report include:

  • Prices for 100G equivalent coherent optical ports have dropped exponentially.
  • The cost of deploying new coherent bandwidth has been CapEx neutral.
  • The trend toward lower prices and converging component costs benefits vertically integrated vendors long term.
https://cignal.ai/2019/01/coherent-port-pricing-trends-report-3q18

Australia's TPG Telecom halts network rollout after Huawei ban

TPG Telecom will cease the rollout its mobile network following the decision of the Australian federal government to ban the use of Huawei equipment in 5G networks due to national security concerns.

TPG Telecom made the announcement in a regulatory filing to the Australian Securities Exchange.

TPG said it had selected Huawei as its principal supplier of 5G equipment because of the clear upgrade path for its current infrastructure, which also uses Huawei. Because the upgrade path is now blocked, TPG said it does not make economic sense for the company to continue investing in its current network either. TPG stated that it has not found any solutions to address the Huawei ban.

Furthermore, TPG noted that has spent A$100 million in CAPEX. Prior to when the Huawei ban was announced in August 2018, is had purchased Huawei equipment for 1,500 sites. So far, it has completed the rollout to 900 small cell sites.

TPG Executive Chairman David Teoh stated "It is extremely disappointing that the clear strategy the Company had to become a mobile network operator at the forefront of 5G has been undone by factors outside of TPG's control. Over the past two years a huge amount of time and resource have been invested in creating and delivering on a strategy that would have positioned TPG very favourably to exploit the opportunities that the advent of 5G will present."

TPG does not expect the decision to bear on its FY19 guidance, nor does it expect to write-down the mobile network investment capitalised to date.


Australia concludes 5G auction in 3.6 GHz band

The Australian Communication and Media Authority completed its 5G auction in the 3.6 GHz band.

All 350 lots available in the auction were sold, realising total revenue of approximately AUS $853 million, equivalent to almost $0.29/MHz/pop.

The four auction winners are:Dense Air Australia Pty Ltd won 29 lots for $18,492,000.

  • Mobile JV Pty Limited (a joint venture arrangement between subsidiaries of TPG Telecom Limited and Vodafone Hutchison Australia Pty Limited) won 131 lots for $263,283,800.
  • Optus Mobile Pty Ltd won 47 lots for $185,069,100.
  • Telstra Corporation Limited won 143 lots for $386,008,400.

"This spectrum is re

BT receives IP-VPN and ISP licenses in China

BT has received nationwide licences from the China Ministry of Industry and Information Technology.

Specifically, the two ‘value added licences’, China nationwide Domestic IP-VPN licence and China nationwide Internet Service Provider (ISP) licence, enable BT China Communications Limited to contract directly with its customers in the country and bill them in local currency.

BT said the licences represent a major step for its business in China, where many of its multinational customers require secure and reliable connectivity to expand within the country.

Bas Burger, CEO of Global Services, BT, said: “We are delighted with this major benefit for our customers. Thanks to cooperation between the governments of the PRC and the UK, we are now able to offer a nationwide service in China that can be scaled up to match the ambitions and needs of our customers. Being able to service and bill locally significantly simplifies the process of delivering connectivity and other communication services. It is what our customers expect from us and we are very grateful for the opportunity to do this as of today.”

International Trade Secretary, Dr Liam Fox MP said: "I am very pleased that close cooperation between the UK and Chinese governments has resulted in BT securing these licences which will enable it to operate across the country. This major milestone exemplifies the vital work of my international economic department to open up markets and ensure that UK firms are represented on the global stage."

Nepal's Vianet picks Ciena's 6500 Packet-Optical Platform

Vianet Communications, one of the largest fixed broadband operators in Nepal, has chosen Ciena’s  6500 Packet-Optical Platform and 5160 Service Aggregation Switch. The deployment is expected to improve intracity connectivity in Kathmandu and provide international connectivity between Nepal and other countries. Additionally, Ciena’s network management software will enable a greater level of control over Vianet’s network, providing end-to-end visibility of its services across all transport, switching and packet elements.

“Operators around the world are looking for adaptive networking solutions to help meet the low latency and highly reliable connectivity rates required to support streaming services, virtual reality, artificial intelligence and other advanced services. Ciena’s collaboration with Vianet, our first customer in Nepal, gives them the network it needs to meet consumer demands and remain competitive,” stated Ryan Perera, Vice President and General Manager, Ciena India.

Infinera adds former Oclaro CEO Greg Dougherty to Board

Infinera has appointed Greg Dougherty to its board of directors, effective immediately.

Most recently, Dougherty served as Chief Executive Officer of Oclaro from June 2013 until its acquisition by Lumentum in December 2018. He also served as a director of Oclaro from April 2009 to the completion of the sale in December 2018. Prior to Oclaro, Mr. Dougherty served as a director of Avanex Corporation, a leading global provider of intelligent photonic solutions, from April 2005 to April 2009, when Avanex and Bookham merged to become Oclaro.

Infinera also announced that John P. Daane, a member of the Infinera board of directors since January 2016, will not stand for reelection at the upcoming 2019 Annual Meeting of Stockholders.

Samsung breaks 1TB embedded flash threshold for mobiles

Samsung Electronics has begun mass producing the industry’s first one-terabyte (TB) embedded Universal Flash Storage (eUFS) 2.1, for use in mobiles, double the previous 512 MB max. The device uses 16 stacked layers of Samsung’s most advanced 512-gigabit (Gb) V-NAND flash memory and a newly developed proprietary controller.

Breaking the 1 TB barrier for smartphone storage comes just four years after introducing the first UFS solution, the 128-gigabyte (GB) eUFS.

“The 1TB eUFS is expected to play a critical role in bringing a more notebook-like user experience to the next generation of mobile devices,” said Cheol Choi, executive vice president of Memory Sales & Marketing at Samsung Electronics. “What’s more, Samsung is committed to assuring the most reliable supply chain and adequate production quantities to support the timely launches of upcoming flagship smartphones in accelerating growth of the global mobile market.”

Samsung's 1TB eUFS can transfer data at up to 1,000 MB/s, the new eUFS features approximately twice the sequential read speed of a typical 2.5-inch SATA solid state drive (SSD).

Samsung plans to expand the production of its fifth-generation 512Gb V-NAND at its Pyeongtaek plant in Korea throughout the first half of 2019.

Microsoft Azure adds Nvidia Quadro Virtual Workstation

Microsoft Azure will begin offering NVIDIA Tesla GPU-accelerated Quadro Virtual Workstation (Quadro vWS). Customers can spin up a GPU-accelerated virtual workstation in minutes from the Azure marketplace without having to manage endpoints or back-end infrastructure.

"We’re focused on delivering the best and broadest range of GPU-accelerated capabilities in the public cloud,” said Talal Alqinawi, senior director of Microsoft Azure at Microsoft Corp. “NVIDIA Quadro vWS expands customer choice of GPU offerings on Azure to bring powerful professional workstations in the cloud to meet the needs of the most demanding applications from any device, anywhere."

Monday, January 28, 2019

U.S. Department of Justice issues multiple indictments against Huawei

The U.S. Department of Justice laid out its case against Huawei in a press conference in Washington, D.C. There are two cases where the DoJ is pursuing legal actions:
  • A grand jury in Seattle returned an indictment alledging 10 federal crimes by two affiliates of Huawei Technologies. The indictment alleges that in 2012 Huawei began a concerted effort to steal information about a robot that T-Mobile used to test mobile phones. Huawei engineers are alleged to have violated confidentiality and non-disclosure agreements with T-Mobile by secretly taking photos of the robot, measuring it, and stealing a piece of it.
  • A grand jury in New York returned an indictment alleging 13 additional crimes committed by Huawei, its CFO, its affiliate in Iran, and one of its subsidiaries in the United States. This criminal activity is said to go back ten years and to involve top officials of the company. The indictment alleges that beginning in 2007, Huawei began to misrepresent its relationship with its Skycom affiliate. By claiming Skycom was a separate company, Huawei represented that it was in compliance with U.S. sanctions against Iran. Furthermore, Huawei is alleged to have misrepresented financial transactions with multiple banks. 
  • Defendants from both cases are variously charged with conspiracy, bank fraud, wire fraud, violations of the Emergency Economic Powers Act,  money laundering, and obstruction of justice.
The DoJ is seeking the extradition of Huawei CFO, Meng Wanzhou, from Vancouver, Canada, where she was arrested in December.

The DoJ further alleges that Huawei lied to the U.S. government and attempted to obstruct justice by concealing and destroying evidence, as well as moving executives back to China.

https://www.justice.gov/


INDIGO subsea cable system ready for commissioning

The INDIGO subsea cable system, which will connect Australia and the dynamic economies of Southeast Asia, reached a significant milestone with the installations of the INDIGO West and INDIGO Central cables. INDIGO is backed by AARNet, Google, Indosat Ooredoo, Singtel, SubPartners and Telstra.

Commissioning of the submarine cable system has now begun, with the INDIGO cable system on-schedule and on-track to be ready for service before mid-2019.

INDIGO features two-fibre pairs with a design capacity for up to 36 terabits per second. The cable system will utilise new spectrum sharing technology so each consortium member will have the ability to independently take advantage of technology advancements for future upgrades and capacity increases on demand.

Singtel’s Vice President, Carrier Services, Group Enterprise, Ooi Seng Keat said: “The completion of the INDIGO cable system heralds a new era of high-speedd communications between the growing economies of Southeast Asia and Australia. This new data superhighway will complement our existing global links to Asia, US, Europe, Australia and the Middle East, allowing Singtel and Optus to meet the growing demand for bandwidth-intensive applications which is expected to quadruple by 2025. Our investments in new subsea cable systems like INDIGO will boost our network diversity and resilience, further reinforcing our position as a leading provider of international connectivity and data services.”

Telstra’s Head of International Oliver Camplin-Warner said: “The INDIGO West cable will connect to Telstra’s extensive terrestrial network to provide onward connectivity around Australia. Once complete, the cable system will strengthen links between Australia and fast-growing South East Asian markets by providing faster speeds and dramatically improved reliability. Our vast subsea network is a key part of our international growth strategy and we will continue to invest in additional capacity to meet the increasing demand for data and maintain our network leadership in the Asia-Pacific region.”

Gartner: Global IT spending to rise 3.2% in 2019

Gartner is predicting that worldwide IT spending will rise to $3.76 trillion in 2019, an increase of 3.2 percent from 2018.

Some highlights:

  • Spending on data center systems is predicted to grow 4.2%\
  • Spending on communication services will be flattish at 1.3%
  • Enterprise software, driven by a shift to the cloud, will continue to exhibit strong growth, with worldwide software spending projected to grow 8.5 percent in 2019. It will grow another 8.2 percent in 2020 to total $466 billion.
  • The mobile devices segment is expected to grow 1.6 percent in 2019. The largest and most highly saturated smartphone markets, such as China, Unites States and Western Europe, are driven by replacement cycles. 

“Despite uncertainty fueled by recession rumors, Brexit, and trade wars and tariffs, the likely scenario for IT spending in 2019 is growth,” said John-David Lovelock, research vice president at Gartner. “However, there are a lot of dynamic changes happening in regards to which segments will be driving growth in the future. Spending is moving from saturated segments such as mobile phones, PCs and on-premises data center infrastructure to cloud services and Internet of Things (IoT) devices. IoT devices, in particular, are starting to pick up the slack from devices. Where the devices segment is saturated, IoT is not.
https://www.gartner.com/en/newsroom/press-releases/2019-01-28-gartner-says-global-it-spending-to-reach--3-8-trillio

FCC's first 5G Spectrum Auction concludes

Bidding has concluded in FCC Auction 101, which will provide spectrum in the 28 GHz band for 5G wireless service.

Rounds: 176
Qualified Bidders: 40
Licenses Won: 2965
Licenses Held by FCC: 107
Total Licenses: 3072
Gross Bids: $702,572,410

Full results are expected to post shortly.





Spectra7 and Luxshare demo 400G OSFP Active Copper Cables

At this week's DesignCon 2019 in Santa Clara, Spectra7 Microsystems and Luxshare-ICT are demonstrating OSFP format Active Copper Cables (ACCs) using Spectra7 technology in a live demo passing 400Gbps Ethernet traffic generated by a 12.6 Tbps switch.

Luxshare is using Spectra7’s GaugeChanger technology in its new line of OSFP Active Copper Cables. The embedded Spectra7 GC2502 Linear EQ Chips increase the length of standard copper cables by almost 3 times. This enables a significant number of cables in the 3 to 7m range to remain copper-based instead of having to switch to optical solutions which are dramatically higher in power and cost.

Spectra7 said its GaugeChanger technology works equally well at 25 Gbps NRZ and 50 Gbps PAM-4 enabling new connector standards of 100, 200 and 400 Gbps.

“Spectra7 is integral in helping to drive the future of the data center interconnects industry, and we are proud to be collaborating with them to demonstrate next-generation high-speed solutions,” said Jinhua Chen, Enterprise GM at Luxshare-ICT. “This collaboration highlights our vision to build relationships that benefit our customers, partners, and provide flexible solutions to their toughest challenges.”

“Luxshare is a technology and market leader in the data center interconnect market,” said Spectra7 CEO Raouf Halim. “Their adoption of our GaugeChangerTM technology is a significant milestone in the coming volume deployment of our data center product line.”

http://en.luxshare-ict.com
http://www.spectra7.com

II-VI debuts 80 Watt Pump Laser Modules

II‐VI introduced its 976 nm pump laser modules with up to 80 watts of wavelength-stabilized output power.

II-VI said its design within the module minimizes warm-up time, and operates over a wide temperature range, improving laser system productivity and reducing maintenance. The high output power of the new pump laser is achieved by combining multiple pump laser diodes into one module. The combined output power is coupled to an industry standard 106.5 ┬Ám core fiber. The operating wavelength can be adjusted to meet specific customer applications.

“Our pump laser modules leverage the reliability of our gallium arsenide semiconductor laser platform, proven through broad deployments in industrial laser systems and optical networks, and with decades of field operation,” said Chris Koeppen, Vice President of II-VI Industrial Laser Group. “Beyond ultrafast fiber-lasers for precision micromachining, our product portfolio enables advanced pulsed lasers for other applications including supercontinuum lasers and excitation sources for life sciences.”

Fujitsu to supply BridgeWave wireless backhaul systems

Fujitsu Network Communications agreed to supply and support BridgeWave Communications' wireless backhaul systems as part of Fujitsu’s end-to-end transport solutions portfolio. The

BridgeWave Navigator microwave system (6GHz – 42GHz) and the Flex4G-10000 true fiber capacity millimeter wave system (80GHz) optimize backhaul networks for the highest capacity and range, while minimizing capital investments and reducing operational costs.

Fujitsu now includes BridgeWave wireless backhaul systems as part of its multivendor turnkey solutions offered to service providers and large enterprise customers for building and transforming their networks. The Fujitsu transport solutions portfolio consists of hardware and software as well as a full suite of network services, including design, build, systems integration, operations and maintenance. The BridgeWave Navigator microwave system and the Flex4G-10000 true fiber are also being offered through the Fujitsu Network Modernization (NetMod) program to replace legacy equipment with new technology.

“By combining Fujitsu’s complete wireless turnkey services with BridgeWave’s high-capacity, high-performance backhaul systems, we can quickly upgrade and expand our customers’ backhaul networks to efficiently handle the surge of traffic from small cell densification, 5G and CBRS LTE,” says Greg Manganello, head of wireless and services solutions at Fujitsu Network Communications, Inc. “As a multivendor network integrator, we deliver a portfolio of best in breed wireless solutions that produce the superior outcomes our customers demand.”

“Network operators are being challenged more than ever before to reduce costs while ensuring their networks can withstand never-before-seen demands for instant Internet access and the highest data capacity,” said Sanjay Nagpal, senior vice president, global sales and marketing, REMEC Broadband Wireless Networks, BridgeWave Communications, and Sage SatCom. “

http://us.fujitsu.com/telecom 

NVIDIA trims guidance citing weakness in gaming and data centers

NVIDIA now estimates its Q4 revenue to be $2.20 billion compared to previous guidance of $2.70 billion. The company cited weakness in gaming and data center segments, as well as "deteriorating macroeconomic conditions, particularly in China."

In gaming, NVIDIA said there was a sequential decline due to excess mid-range channel inventory following the crypto-currency boom that proceeded as expected. However, consumer demand for NVIDIA gaming GPUs weakened faster than expected and sales of certain high-end GPUs using NVIDIA’s new Turing architecture were lower than expected. 

In the data center segment, revenue also came in short of expectations. A number of deals in the company’s forecast did not close in the last month of the quarter as customers shifted to a more cautious approach.

“Q4 was an extraordinary, unusually turbulent, and disappointing quarter,” said Jensen Huang, founder and CEO of NVIDIA. “Looking forward, we are confident in our strategies and growth drivers. The foundation of our business is strong and more evident than ever – the accelerated computing model NVIDIA pioneered is the best path forward to serve the world’s insatiable computing needs.  The markets we are creating – gaming, design, HPC, AI and autonomous vehicles – are important, growing and will be very large. We have excellent strategic positions in all of them.”

CommScope's preliminary Q4 results top expectations

CommScope reported preliminary results for Q4 2018 of $1.045 to $1.070 billion, inline or above the company's guidance. Full-year sales are now expected in the $4,555 to $4,580 range.  Full results are expected on February 21, 2019

“We delivered preliminary results in line with or above our expectations in the fourth quarter of 2018,” said President and Chief Executive Officer Eddie Edwards. “These results benefited from stronger than expected sales volumes, favorable product and geographic mix, along with our ongoing initiatives to align the company’s cost structure with the current market environment. For 2019, we continue to expect modest growth and relatively stable year-over-year results, which reflect anticipated cautious spending patterns by large North American operators. We are pleased that the disciplined execution of our strategic plan enabled a stronger than expected finish to 2018 and established a solid foundation to build on as we work toward the completion of the ARRIS acquisition.”

CommScope also said the positive results should support its financing efforts related to its acquisition of ARRIS International plc.