Tag: Networking
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Nonprofit wireless provider warns the most vulnerable to extreme heat, bad air
[ad_1] There’s been a major tool in recent decades in limiting fatalities and greater property damage when it comes to natural disasters and extreme weather, including the soaring temperatures that have cooked the U.S. and parts of the world this summer. That tool? Much better and timely communication. And that means reliable mobile devices and…
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Stock futures bounce after tech-led declines
[ad_1] U.S. stock futures rebounded Tuesday after several difficult sessions as end of first half looms. How are stock-index futures trading S&P 500 futures ES00, +0.18% rose 12 points, or 0.3%, to 4382 Dow Jones Industrial Average futures YM00, +0.07% added 53 points, or 0.2%, to 34024 Nasdaq 100 futures NQ00, +0.32% gained 68 points,…
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Pete Buttigieg warns of potential for flight delays as July 1 5G deadline looms
[ad_1] Last year, American wireless carriers paused plans to launch higher-power 5G networks around U.S. airports amid concerns about interference with airplanes’ altimeters. Now airlines aren’t expected to get any additional time to upgrade their planes’ equipment to avoid the interference, and instead they are facing a deadline of July 1. That’s when AT&T T,…
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Verizon CEO says the wireless market isn’t such a bad business after all
[ad_1] In the face of slowing growth, newfound competition and heavy capital costs, Verizon Communications Inc. Chief Executive Hans Vestberg still sees big potential in the wireless market. Pressed by JPMorgan analyst Phil Cusick to address investor concerns about the mature wireless industry at a Tuesday investor conference, Vestberg defended the money-making possibilities still to…
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Cisco earnings beat, but the stock is falling on concerns about declining orders
[ad_1] Cisco did not reduce its full-year revenue forecast, as a previous version of this article indicated. It has been updated. Cisco Systems Inc. beat expectations for quarterly profit and sales in a report Wednesday, but executives did not increase their top target for annual revenue and revealed that orders declined again, sending shares down…
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BT sets plan to cut 55,000 jobs by end of decade
[ad_1] U.K. telecoms provider BT Group set plans to cut up to 55,000 jobs by the end of the decade as it completes the rollout of high-speed broadband. BT Group BT.A, -7.36% says it is aiming to reduce its total labor force, which includes contractors, from 130,000 down to between 75,000 to 90,000 by fiscal…
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Ericsson posts forecast-beating profit, but warns of choppy 2023
[ad_1] STOCKHOLM–Ericsson AB on Tuesday posted a smaller-than-expected drop in first-quarter net profit but cautioned that the operating environment will remain choppy in 2023 with poor visibility as operators remain cautious with spending plans and continue to adjust inventories. The Swedish telecommunications-equipment company ERIC.A, +0.58% ERIC.B, +0.24% ERIC, -0.67% said that customers in early 5G…