Verizon ups open RAN ante
Verizon launched more than 130,000 O-RAN Alliance-compliant radios from Samsung as part of its 15,000 virtual RAN (vRAN) sites, but remained silent on when it would move to open RAN.
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Lynk Global secures merger with SPAC
Lynk Global agreed a merger with special purpose acquisition company Slam, an arrangement designed to provide a financial lift for the satellite-to-phone player which experienced several delays in the launch of its service.
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Rogers slashes network in Canadian first
Rogers Communications unveiled what it described as the first successful test of 5G network slicing in Canada, ahead of a planned commercial deployment for various uses this year.
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AI drives enterprise cloud spend
Synergy Research Group stated generative AI technology and services helped boost global Q4 2023 enterprise spending on cloud infrastructure services to close to $74 billion, up by more than $12 billion year-on-year.
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China blots Apple landscape
Apple booked a 2 per cent increase in revenue to $119.6 billion in its fiscal Q1 2023, driven in part by iPhone 15 results, but sales in China dropped 13 per cent to $20.8 billion.
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Verizon names communications chief
Verizon appointed Stacy Sharpe as EVP and chief communications officer effective from 4 March when she succeeds long-time communications executive Jim Gerace.
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Metaverse weighs on Meta Platforms
Meta Platforms CEO Mark Zuckerberg remained bullish on the prospects of AI and the metaverse fuelling future growth despite its Reality Labs unit posting an operating loss of $4.6 billion in Q4 2023, up from a loss of $3.2 billion in the comparable period of 2022.
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ABI tips neutral hosts to generate $1.3B in enterprise connectivity by 2030
ABI Research identified a $1.3 billion market opportunity for neutral hosts and managed service providers in the enterprise mobile connectivity market by 2030, predicting more than 65 per cent of the revenue would come from verticals including industrial manufacturing, logistics and warehousing, and energy generation.
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Dell’Oro downbeat on WLAN
Dell’Oro Group predicted WLAN revenue would contract by 9 per cent this year, but forecast sales of Wi-Fi 7 access points would provide a lift in 2025.
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Deutsche Telekom expands German 5G reach
Deutsche Telekom extended its domestic mobile coverage at 849 locations over the past four weeks, which included 118 newly-built installations for LTE and 5G.
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