Networking

Verizon Australia has reported its 2019 full year to December 31, with revenue up, but higher expenses and not winning the foreign exchange lottery, resulting in the company posting a lower profit for the year. The company said over 2019 it received AU$167 million in revenue, made up of AU$107 million from services, AU$3 million […] More

Microsoft is acquiring Metaswitch Networks, a maker of virtualized network software and unified communications solutions for operator, for an undisclosed amount. Los Altos, Calif.-based Metaswitch sells software and services designed to run on commodity hardware in private, public and hybrid clouds. Its software underpins voice, data and communications services for fixed, mobile and converged operators. […] More

M1 is under investigation for a service outage that spanned two days and affected residents in several areas across Singapore. The service provider has attributed the cause to “a network issue” that impacted subscribers of its fibre broadband service.  In its first update on May 12 morning, M1 acknowledged on its Facebook page that customers […] More

Australian fixed broadband users that are on networks capable of 25Mbps or quicker, and not connected to the National Broadband Network (NBN), will soon need to pay an extra AU$7.10 monthly charge to subsidise those connecting to NBN’s loss-making fixed wireless and satellite technologies. The Regional Broadband Scheme (RBS), also known as the broadband tax, […] More

Image: Chris Duckett/ZDNet The company responsible for rolling out the National Broadband Network (NBN) across Australia has reported its third-quarter earnings, with the company increasing revenue, closing its EBITDA loss, and reporting a wider EBIT loss. Over the nine months to the end of March, NBN reported a 38% jump in revenue to AU$2.8 billion, […] More

Cisco published its third quarter financial results on Wednesday, beating market expectations despite revenue declines overall. The networking giant posted non-GAAP earnings of 79 cents per share on revenue of $12 billion, a decline of 8% year over year. Featured stories Analysts were expecting earnings of 71 cents per share on revenue of $11.88 billion. […] More

South Korean telco KT saw an operating profit of 383 billion won and revenues of 5.83 trillion won in the first quarter of 2020, the company said on Wednesday. Profits decreased 4.7% from a year prior, while revenue stayed level. KT said it saw sales from roaming and smartphones decline due to the COVID-19 pandemic, but […] More

The federal government announced on Tuesday it would be spending AU$37.1 million to improve the resiliency of the nation’s telco infrastructure in the wake of the Black Summer bushfires. The announcement was broken down into four parts, with the largest portion allocated towards upgrading battery backup power at mobile base stations under the Mobile Network […] More