Displaying items by tag: Fixed wireless

Total revenue for broadband access equipment market decreased to US$4.2 billion in 2Q 2024 down 8% year-over-year (Y/Y), according to market research firm Dell’Oro Group.

COMPANY NEWS: Fixed wireless and wholesale network infrastructure provider Swoop Holdings Limited has appointed David Michaels to the role of Chief Revenue Officer (CRO) following an “impressive FY23 result” which included 51% YoY revenue growth, a corresponding Underlying EBITDA of $16.3m, up from $13.0m, with an accompanying $0.5m positive free cash flow (FCF) position, its first quarter of positive free cash flow in Q4 FY23.

The NBN Co, the company rolling out Australia's national broadband network, has again reported a loss for the 12 months ending in June, this time of $1.12 billion, an improvement of 24% or $346 million from FY22, the company said on Thursday.

Broadband retailers continue to deliver close to plan speeds, according to the ACCC.

National broadband wholesaler and network owner NBN Co claimed that its financial and operational performance in the nine months to 31 March 2023 is on track to achieve its full year guidance as outlined in its corporate plan 2023.

An estimated 24,000 homes and businesses across regional Australia are now eligible for an NBN fixed wireless network for the first time, broadband operator NBN Co announced.

NBN Co, the operator of Australia’s National Broadband Network (NBN), has reported total revenue of $2.6 billion for the six months to 31 December 2022 - a 4 per cent increase on H1 FY22.

Network software provider Mavenir announced the availability of its fixed wireless access solution (FWA) combining Mavenir’s open virtualised RAN, converged packet core, and OpenBeam portfolio of radio units.

Telecommunications giant TPG Telecom has signed burger brand Hungry Jacks and construction group Hickory to its newly-launched suite of enterprise-grade 5G services.

Australia's third big telco, TPG Telecom, has reported a small rise in revenue for the first six months of 2022, with service revenue coming in at $2.19 billion a rise of 0.7% year-on-year.

Sales of PON equipment for fibre-to-the-home deployments, cable broadband access equipment, and fixed wireless CPE will increase from 2022 to 2026 at US$23.6 billion ($33.8 billion) as service providers look to expand both reach of their broadband services to customers’ homes as well as the quality of those services within their homes, according to a report by research firm Dell’Oro Group.

As part of the Federal and Western Australian government multi-million-dollar package to boost regional connectivity, fixed wireless and wholesale infrastructure service provider Swoop has successfully secured funding for its $3.4 million project to improve broadband services to the farming regions of Harvey, Brunswick and Busselton in south-west Western Australian.

UScellular, in collaboration with Qualcomm Technologies and Inseego, has launched its 5G mmWave high-speed internet service in parts of 10 cities. The carrier’s Home Internet+ solution delivers speeds of up to 300 Mbps, an increase of 10-15 times compared to its 4G LTE home internet offering, and is a significant milestone in its multi-technology approach to providing High-Speed Internet solutions.

T-Mobile announced that the company welcomed its 1 millionth Home Internet customer, remarkable growth just one year after launching the service commercially. This indicates that an aggressive deployment of fixed wireless infrastructure in our Australian suburbs might be more viable.

The Australian Government and NBN announced funding of $750 million to improve NBN's fixed wireless network. The Government funding $480 million and NBN supporting this with an additional $270 million.

The Federal Government's announcement of an additional $480 million investment in regional broadband cannot be taken to indicate that the services will automatically improve as the money could just be an election handout, independent telecommunications consultant Paul Budde says.

According to a newly published report by Dell’Oro Group, a source for market information about the telecommunications, networks, and data centre IT industries, predicts that sales of PON equipment for fibre to the home deployments, cable broadband access equipment, and fixed wireless CPE will all increase from 2021 to 2026, as service providers look to expand both the reach and rate of their fixed broadband services.

Total global revenue for the broadband access equipment market rose to US$3.9 billion in 3Q 2021, up by 7% year-over-year, according to market research firm Dell’Oro Group.

Nokia announced the launch of its first 5G Fixed Wireless Access (FWA) broadband gateway designed to operate with Japan’s Local 5G specification. The FastMile 5G Gateway 3.2 Japanese model will be available in January 2022.

Nokia announced a claimed Fixed Wireless Access (FWA) breakthrough which could see wireless broadband capacity increase by 5 to 10 times.