Prysmian prepares USD 1.3 billion US manufacturing expansion in support of intra-data centre products push
Prysmian has sanctioned a USD 1.25 billion capex to enhance three of its US fibre manufacturing sites, in North Carolina, South Carolina, and Tennessee. The announcement follows Prysmian's signing of a EUR 5.5 billion long-term agreement to supply optical cables to Koch subsidiary Molex's data centres. Across all three investments, Prysmian expects to generate up to 600 jobs, including 300 positions at its North Carolina campus.
Prysmian prepares USD 1.3 billion US manufacturing expansion in support of intra-data centre products push
Prysmian has sanctioned a USD 1.25 billion capex to enhance three of its US fibre manufacturing sites, in North Carolina, South Carolina, and Tennessee. The announcement follows Prysmian's signing of a EUR 5.5 billion long-term agreement to supply optical cables to Koch subsidiary Molex's data centres. Across all three investments, Prysmian expects to generate up to 600 jobs, including 300 positions at its North Carolina campus.
Singtel operating profit up 10% in Q1 on growth at Optus, IT services
Singtel reported solid growth in underlying results in its fiscal first quarter to June, as growth in IT and data centres and at Optus in Australia helped offset weakness at the Singapore telecom business. Revenues rose 4.9 percent year-on-year to SGD 3.558 billion, and EBITDA was up 8.7 percent to SGD 1.076 billion, with growth at constant currency rates of respectively 0.4 and 4.1 percent. The adjusted net profit rose 21.0 percent to SGD 831 million, helped by positive results at associates Airtel and AIS
Singtel operating profit up 10% in Q1 on growth at Optus, IT services
Singtel reported solid growth in underlying results in its fiscal first quarter to June, as growth in IT and data centres and at Optus in Australia helped offset weakness at the Singapore telecom business. Revenues rose 4.9 percent year-on-year to SGD 3.558 billion, and EBITDA was up 8.7 percent to SGD 1.076 billion, with growth at constant currency rates of respectively 0.4 and 4.1 percent. The adjusted net profit rose 21.0 percent to SGD 831 million, helped by positive results at associates Airtel and AIS
Lenovo revenue growth jumps to 43% in Q1 as server turnover doubles
Lenovo recorded a strong start to its fiscal year, with revenues in the three months to June up 43 percent year-on-year to USD 26.94 billion. Sales at the company's server division nearly doubled, and smartphone and PC sales also grew in double digits. Adjusted operating profit jumped to USD 1.52 billion from USD 631 million a year ago, while the net result was a loss of USD 609 million, hurt by a writedown of USD 1.69 billion on the value of warrants issued last year.
Lenovo revenue growth jumps to 43% in Q1 as server turnover doubles
Cisco beats Q4 forecasts with revenues up 18%, net profit 51% higher
Cisco announced better-than-expected results for its fiscal fourth quarter to July. Revenues rose 18 percent year-on-year to USD 17.3 billion, accelerating from 12 percent growth in the previous quarter and exceeding Cisco's forecast. The quarterly net profit jumped 51 percent to USD 3.9 billion, and the annual profit was 30 percent higher at USD 13.3 billion. Cisco said it booked USD 4 billion in revenue from AI infrastructure for hyperscalers in the past year and this is expected to grow to USD 7.5 billio
Cisco beats Q4 forecasts with revenues up 18%, net profit 51% higher
Telstra boosts dividend, buyback after small rise in FY profits
Telstra has confirmed a 10.5 percent increase in its annual dividend, to AUD 0.21 per share, after posting a small rise in annual earnings in line with its mid-term goals. Revenues for the fiscal year to June were down 0.9 percent to AUD 23.4 billion, hurt by divestments, product simplification and forex effects, but underlying EBITDA improved 4.0 percent to AUD 8.34 billion, and Telstra expects further growth in the new year to AUD 8.5-8.8 billion. The company also announced plans to buy back up to AUD 1 b
Telstra boosts dividend, buyback after small rise in FY profits
UK mobile operators accept pre-orders for Google Pixel 11 series
UK mobile operators are accepting pre-orders for the new Google Pixel 11, Pixel 11 Pro, Pixel 11 Pro XL and Pixel 11 Pro Fold smartphones. Vodafone UK customers can save up to GBP 1,574 with the Pixel 11 Pro, up to GBP 1,316 on the Pixel 11, up to GBP 1,948 on the Pixel 11 Pro Fold, or up to GBP 1,804 on the Pixel 11 Pro XL - when trading in an eligible handset. The Pixel 11 is available from GBP 19.16 per month; the Pixel 11 Pro from GBP 15.92 per month; the Pixel 11 Pro XL from GBP 10.83 per month; and th
UK mobile operators accept pre-orders for Google Pixel 11 series
Vorboss connects One Triton Square to 100 Gbps connectivity
Vorboss, London-based business fibre network, has connected One Triton Square with 100 Gbps connectivity. Located at Regent's Place in London's Knowledge Quarter, this is the first building connected through a partnership with British Land. This provides superfast digital connectivity for one of the city's newest science and innovation hubs.
Vorboss connects One Triton Square to 100 Gbps connectivity
Lightning Fibre passes 20,000 connected customers
UK altnet Lightning Fibre has reached over 20,000 connected customers, with a take-up rate of 1 in 4 homes across its full-fibre broadband network. CEO Bertrand Mazieres said achieving a 25 percent residential adoption rate in a highly competitive markets shows hat the company's business model of strong customer service, a local team and strong community connections was popular with customers.
Lightning Fibre passes 20,000 connected customers
Vodafone, Tata team to drive AI transformation at UK enterprises
Tata Consultancy Services (TCS) has partnered with VodafoneThree's business division, Vodafone Business, to support UK enterprises with AI-driven digital transformation. The partnership will focus on key areas such as AI and automation, cloud transformation and migration, network modernisation and digital infrastructure, cyber security, data and analytics, managed services, IoT and connected business applications.
Vodafone, Tata team to drive AI transformation at UK enterprises
Meta donates 15,000 free Ray-Ban Meta glasses to Vision Ireland
Meta has announced a donation of 15,000 free Ray-Ban Meta AI-enabled glasses to Vision Ireland. This number is sufficient to cover all blind and visually impaired adults supported by the national sight loss charity. Eligible people can register their interest online or by phone, with Vision Ireland then rolling out the glasses in phases. Each pair will include free access to Meta-funded training to help people use them effectively. This training will include how the glasses identify objects, read text, and
Meta donates 15,000 free Ray-Ban Meta glasses to Vision Ireland
NCSC seeks partners to develop next-gen private 5G solutions
The UK's National Cyber Security Centre (NCSC) is looking to partner with technology companies to develop next-generation, secure private 5G capabilities. The work forms part of the NCSC's research portfolio, and will inform the agency's advice and guidance and it continues to protect the country's most sensitive data and infrastructure.
