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Infinera to acquire Coriant, making world's largest optical network equipment provider

2018-07-24 09:52:00| Telecompaper Headlines

(Telecompaper) Infinera has announced an agreement to buy Coriant for a total of USD 430 millon, saying the deal will create one of the world's largest optical network equipment provider. CEO Pat DiPietro said the combined entity will benefit from Coriant's investments in software automation and open, disaggregated systems. Coriant has put USD nearly USD 1 billion into R&D over the last five years. Infinera will be acquiring a debt-free balance sheet and expects cash flows to pay back the transaction consideration within three years. 

Tags: making network equipment largest

 

Does Belgium really need a fourth mobile network operator?

2018-07-24 02:00:00| Total Telecom industry news

Belgium's federal government has revealed plans to open up its forthcoming 5G spectrum auction to a fourth network operator. With its already small population of just 11 million people already split in to two distinct markets (one Flemish speaking…read more on TotalTele.com »

Tags: network mobile fourth belgium

 
 

Volkswagen Group Canada forms Electrify Canada to install network of ultra-fast electric vehicle chargers

2018-07-23 16:57:04| Green Car Congress

Tags: group canada network forms

 

Singapore to launch 5G pilot network in Q4 2018

2018-07-23 02:00:00| Total Telecom industry news

Ericsson and Singtel will launch its 5G pilot network in Singapore's business, science and IT hub, Buona Vista, later this year, according to a company release. The pair have hailed the move as a significant step towards full commercial rollout of fifth generation mobile networks in the country…read more on TotalTele.com »

Tags: network singapore launch pilot

 

Proximus to rollout next-gen network in Flanders

2018-07-23 02:00:00| Total Telecom industry news

Belgium's biggest operator, Proximus, has signed an agreement to rollout a superfast next generation network, to transform connectivity across Flanders. Last year, the Flemish government announced that it wanted to see the region transformed into one of the connectivity centres of Europe…read more on TotalTele.com »

Tags: network flanders rollout nextgen

 

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