STOCKHOLM, May 5, 2025 /PRNewswire/ -- In accordance with the resolutions by the Annual General Meeting 2025, Ericsson (NASDAQ: ERIC) expands its treasury stock in order to provide shares for the Long-Term Variable Compensation Programs LTV 2025 and LTV 2024 for Ericsson's executive team and other executives.The Board of Directors of Ericsson has today resolved, by virtue of authorizations given by the Annual General Meeting on March 25, 2025 (the "AGM 2025"), to direct an acquisition offer to all holders o ...

Core Insights - Preformed Line Products Company (PLP) has acquired J.A.P. Indústria de Materiais para Telefonia Ltda (JAP Telecom), enhancing its position in the South American telecommunications infrastructure market [1][3] - JAP Telecom, founded in 2002, specializes in fiber optic closures, connectivity devices, and infrastructure accessories, serving major telecommunications operators and internet service providers in Brazil [2][5] - The acquisition is expected to provide operational alignment, supply chain efficiencies, and increased production capacity due to JAP Telecom's proximity to PLP's existing facility in Brazil [3] Company Overview - PLP is focused on creating stronger and more reliable networks, providing precision-engineered solutions trusted by energy and communications providers globally [4] - JAP Telecom has established a strong reputation in the telecommunications industry by prioritizing customer needs and maintaining high-quality standards in its product offerings [4][5] Strategic Implications - The acquisition is seen as a strategic move to expand PLP's product offerings and enhance its ability to meet the unique infrastructure needs of customers across South America and globally [3] - PLP aims to leverage the complementary strengths of both companies to boost regional exports and accelerate product development initiatives in South America [4]

Core Insights - CommScope Holding Company, Inc. (COMM) reported strong first-quarter 2025 results, with both revenue and net income exceeding Zacks Consensus Estimates, driven by solid demand across all segments and a focus on innovation and strategic expansion [1][2]. Financial Performance - Net income on a GAAP basis for the March quarter was $767.1 million, or $2.88 per share, compared to a net loss of $349.7 million, or a loss of $1.65 per share, in the same quarter last year, supported by top-line growth, tax benefits, and portfolio optimization [2]. - Non-GAAP net income was $38.6 million, or 14 cents per share, compared to a net loss of $50.8 million, or 24 cents per share, in the prior-year quarter, beating the Zacks Consensus Estimate by 6 cents [3]. - Revenues for the quarter were $1.1 billion, up from $900.9 million a year ago, surpassing the Zacks Consensus Estimate by $5 million [3]. Segment Performance - Connectivity and Cable Solutions segment revenues increased by 19.7% to $724.1 million from $604.7 million year over year, driven by strong demand in the Enterprise business [4]. - Networking, Intelligent Cellular, and Security Solutions segment sales rose 50.7% year over year to $163.1 million, fueled by demand for Ruckus and Small Cell solutions [4]. - Access Network Solutions (ANS) segment revenues were $225 million, up from $188 million in the prior year, reflecting a 19.7% year-over-year growth due to high demand for Access Technologies [4]. Regional Performance - Revenues in the United States increased by 30.1% year over year to $767.6 million [5]. - Europe, the Middle East, and Africa reported revenues of $146.2 million, up 8.6% year over year [5]. - Asia Pacific revenues were $113.2 million, up 2.8% year over year [5]. - Caribbean and Latin American revenues fell by 1.1% year over year to $43.7 million, while revenues from Canada increased by 86.9% year over year to $41.5 million [5]. Operational Metrics - Gross profit improved to $468.6 million from $295.1 million in the year-ago quarter [6]. - Total operating expenses decreased to $343.3 million from $359.4 million in the prior year [6]. - Operating income totaled $134 million compared to a loss of $54.7 million in the year-ago quarter [6]. - Non-GAAP adjusted EBITDA was $240.3 million, up from $84.1 million a year ago [6]. Cash Flow and Liquidity - In the first quarter, CommScope utilized $186.9 million in cash for operations, compared to $177.7 million in the prior year [7]. - As of March 31, 2025, the company had $493.3 million in cash and cash equivalents, with long-term debt of $7.24 billion [7]. Outlook - For the full year, management expects adjusted EBITDA in the range of $995-$1,045 million [8]. - Core operating income is anticipated to be between $629-665 million [8]. - Core adjusted EBITDA (excluding the OWN segment and the DAS business unit) is forecasted to be between $1 billion and $1.05 billion [8].

First Quarter 2025 Results Important information Caution Regarding Forward Looking Statements This presentation includes certain statements that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect our current views with respect to future events and financial performance. These forward-looking statements are generally identified by their use of such terms and phra ...

Press ReleaseNokia demonstrates the power of its flagship Wi-Fi 7 solution at Apex Legends Global Series esports gaming event Nokia Beacon 24 Wi-Fi 7 residential gateway with advanced gaming optimization applications from Corteca delivers world class connectivity and ultra-low latency for ultimate gaming experience.Fans and gamers attending Apex Legends Global Series (ALGS) can visit Nokia’s booth to test the power of its Wi-Fi 7 solution in a unique 1:1 Apex Legends match against a mystery pro.Nokia WiFi ...

Core Insights - The development of large AI models is driving a significant increase in demand for computing power, with a projected annual growth rate of 10 times as AI evolves from version 1.0 to 2.0 [1] - ZTE Corporation has established a dual-driven strategy of "Connectivity + Computing Power" to become a leader in the "network connectivity + intelligent computing power" sector, emphasizing the importance of AI integration in various industries [3][4] - The global AI market is expected to exceed $800 billion by 2028, with a compound annual growth rate (CAGR) of over 32%, indicating substantial investment opportunities in AI technologies [4] Industry Developments - ZTE's revenue for Q1 this year reached 32.97 billion yuan, a year-on-year increase of 7.8%, with over 35% of revenue coming from its second curve business focused on computing power and terminals [5] - The company is focusing on three key areas in AI: enhancing ICT infrastructure solutions, developing AI terminal applications, and promoting AI innovation for broader application [5][6] - ZTE has launched the AiCube DeepSeek intelligent computing integrated machine, which is already being applied in sectors such as education, healthcare, steel, and automotive [5] Challenges and Solutions - Industry clients face challenges such as data pollution, high costs of data collection, and long business cycle times for AI technology updates [9] - ZTE has upgraded its digital cloud platform to address these challenges, facilitating better integration of AI into business operations [9] - The introduction of the "Xingyun Intelligent Agent" marks a new phase in the deployment of enterprise-level intelligent agents, aimed at lowering the technical barriers for AI model commercialization across various industries [10]

Core Viewpoint - The forum focused on how artificial intelligence (AI) can empower the digital transformation of education and explore innovative development paths for "AI + Education" [1] Group 1: AI and Education Transformation - AI is reshaping the educational ecosystem, with digitalization being a key engine for high-quality educational development [3] - The Ministry of Education and nine other departments have issued opinions to accelerate educational digitalization, guiding collaborative innovation between schools and enterprises [3] - ZTE Corporation has planned three main paths: establishing an AI + Education special fund, creating a digital resource pool for education, and deepening industry-education integration [3] Group 2: Innovation and Competitions - The 2025 Second Education Information Technology Application Innovation Competition is set to begin, with ZTE hosting the AI-focused "Target Intelligent Detection Technology Application Practice Competition" [5] - This competition aims to address technical challenges in target detection, combining academic research with practical needs to accelerate technology application [5] Group 3: Industry Collaboration and Solutions - Representatives from leading companies discussed AI education, digitalization, and industry-education integration, launching the "Zhihai AI Education Integrated Machine" for smart teaching solutions [6] - ZTE officially launched the ZTE AI Certification, emphasizing its role as a builder of digital economy and its commitment to educational digitalization [6] - ZTE's "three-in-one" solution focuses on technology foundation, industry-education integration, and ecological co-construction [6] Group 4: Future Directions and Goals - ZTE is actively collaborating with the Ministry of Education on various initiatives, including talent cultivation and international professional standards [7] - The successful forum marks a significant step in promoting the integration of education and technology, contributing to the "Digital China Strategy" [7] - ZTE aims to accelerate the implementation of industry-specific large models and enhance AI talent development to achieve educational reform goals [7]

【环球网科技报道 记者 心月】2025年4月28 - 29日，2025中兴通讯中国生态合作伙伴大会在福州中庚喜来登酒店举行，大会以"数智同兴 共创未来"为主题， 聚焦数字化与智能化融合创新，全力构建开放生态，助力客户加速数智化转型。同期，中兴通讯在第八届数字中国建设峰会上，以"智连山海 数启兴城"为 主题，展示人工智能领域的前沿创新与多元应用。中兴通讯首席发展官崔丽在接受环球网记者采访时分享了中兴在AI技术应用和智算领域的关键进展。 "DeepSeek等开源模型的兴起，让各行各业加速了AI部署，为ICT基础设施建设带来广阔空间。"崔丽称，AI技术的发展和深化应用，将推动智算中心建设、 消费端业务增长，带动网络建设发展，成为未来3 - 5年ICT行业发展的核心驱动力，这也为中兴通讯带来重大机遇。 中兴通讯推出的系列化AiCube DeepSeek智算一体机，在多个行业落地应用，助力企业智能化转型。崔丽介绍道："这款智算一体机是AI大模型在行业落地的 关键一环，它具有全栈开放、超高性能、生态开放且成本低、可靠交付这4大差异化优势。"全栈开放使得客户可自由选择各部件；超高性能体现在支持原生 满血版、最大671B的D ...

二是深化AI端侧应用，强化AI手机和AI家庭布局。面向消费者场景，中兴提出"AI for All"战略，基于星云AI OS布局全系列AI终端，通过AI手机打造全新交 互体验，以AI家庭"四大件"升级家庭生活体验。 【环球网科技报道 记者 心月】2025年4月28 - 29日，2025中兴通讯中国生态合作伙伴大会在福州中庚喜来登酒店盛大举办。此次大会以"数智同兴 共创未 来"为主题，聚焦数字化与智能化融合创新，全力构建开放生态，助力客户加速数智化转型。同期，中兴通讯亮相第八届数字中国建设峰会，以"智连山海 数启兴城"为主题，展示人工智能领域前沿成果，探索行业数智化转型的无限可能。 在此期间，中兴通讯执行副总裁、首席运营官谢峻石接受了环球网记者的采访，就中兴在AI及算力领域的布局与未来发展规划进行了深入解析。 "当前，在AI驱动下，全球科技革命和产业革命正深入发展，AI技术正加速融合创新与应用落地。"谢峻石称，年初DeepSeek等开源模型的兴起，带动各行 各业加速AI部署。据IDC预测，2028年全球AI市场规模将突破8000亿美元，五年复合增长率超32%；国内运营商2025年算力投资保持20%以上的增长，互联 ...

Ribbon Communications (RBBN) Q1 2025 Earnings Call April 29, 2025 09:19 PM ET Speaker0 Greetings, and welcome to the Ribbon Communications First Quarter twenty twenty five Financial Results Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Joni Roberts, Chief Marketing Officer. Please go ahead. Speaker1 Good a ...