Optical network equipment maker blames cuts in government spending for guidance that disappoints the financial community and gives its share price a short back and sides.
As the vendor prepares to cut 10% of its headcount following the acquisition of MRV, lower than expected orders hit the vendor's Q3 sales and margin numbers.
Also in today's EMEA regional roundup: Brexit bites for Dixons Carphone; Israel's Bezeq sees profits shrink; Ericsson takes gigabit LTE into China.
Disney to provide the first 'channel' on Malaysia-based streaming video service iflix.
Serpil Bayraktar, a principal engineer in Cisco's CTAO office, reveals which three technologies have been the most impactful over her 26-year comms career.
With a deadline extension until September 1, there's still time to enter the annual Global Telecoms Awards run by our sister site, Telecoms.com
Ericsson's headcount could be reduced by up to 25,000 as part of the Swedish vendor's new cost-cutting measures, according to sources cited by Svenska Dagbladet.
Juniper Research is expecting over 1 billion 5G connections by 2025, up 232% from the expected launch in 2019. Many of these will be IoT devices.
Also in today's EMEA regional roundup: BT demos FTTdp-based Gfast tech; Openet lands Orange Poland BSS contract; Clavister sees revenues rise in Q2; Norway set for supersized data center in Arctic Circle; BT culls its booths.
The video and music streaming service unit of Hong Kong giant PCCW is taking on some notable new investors that will jointly own a minority stake.
Also in today's EMEA regional roundup: Omantel takes a near 10% stake in Zain; Interoute improves its margins; Ericsson lands role in smart meter project.
Following on the heels of CBS, Disney announced the forthcoming launch of a global direct-to-consumer streaming service.
New research from the ITU finds that growth in Internet adoption is being driven by younger people and mobile networks are increasingly being used to access the web, rather than fixed-line networks.