GTT Communications Inc. said it plans to start prepackaged chapter 11 cases after it closes the sale of its infrastructure division to I Squared Capital in the coming weeks as it seeks to repay a significant portion of its secured debt.
HGC Global Communications Limited (HGC) implemented significant expansion of its flagship ultra-low latency solution Eyeball-as-a-Service (EaaS) in the Philippines, following its initial launch in Singapore. Riding on HGC’s comprehensive set of digital infrastructures, the extended EaaS coverage is scaling to support digital globalization and faster market entry by international players to reach 400 million eyeballs in the Southeast Asia.
In collaboration with Nokia and Athonet, Innovate5G has completed a successful mid-band call on a 5G standalone (SA) network. The successful call means enterprises designing for 5G can now test their applications in an actual 5G environment to better understand performance, security, and network resource usage.
Adtran announced an agreement to acquire networking services company ADVA in a deal valued at EUR789 million ($931.1 million). Under terms of the deal, each ADVA shares will be exchanged for 0.8244 shares of the stock of the new holding company, which values ADVA shares at EUR14.84 each, or a 22% premium to the three-month volume weighted average price over the past three months.
“In a challenging quarter impacted by the second wave of COVID-19, we have delivered a robust performance,” said A S Lakshminarayanan, Managing Director and CEO, Tata Communications. “The global markets are slowly opening up and we are witnessing greenshoots of demand recovery.”
STL in collaboration with Facebook Connectivity will design and develop 4G and 5G radio products as part of the Evenstar program to help accelerate the commercial deployment of Open RAN and boost 5G readiness for operators around the world.
Altice USA rebranded its nationwide mobile service to Optimum Mobile, representing the first step in the company’s plan to align under one national Optimum brand as they commit to delivering a consistent and reliable connectivity experience to all customers.
Inseego introduced the Wavemaker PRO 5G industrial gateway S2000e that combines high-performance 5G with the most advanced 4G LTE capabilities. This solution delivers best-in-class throughput and reliability for industrial IoT and enterprise networks.
Sparkle has enhanced its software-defined wide area network (SD-WAN) solutions by adopting a multi-vendor approach. Sparkle’s managed SD-WAN solutions provide hybrid, secure and low-latency connections globally, thanks to its global IP and fiber-optic backbone and worldwide presence as well as direct and secure access to major cloud providers.
Infinera announced the availability of metro-optimized 400G pluggable optics-based solutions for the XTM Series and GX Series Compact Modular Platforms, bringing enhanced flexibility and economics to metro networks. The new capabilities complement the company’s 600G/800G embedded optics technology, enabling network operators to cost-effectively scale their networks to meet the relentless growth of bandwidth with optimized optical networking solutions from the edge to the core.
