The vendor now expects its cloud business will hit $26 billion in revenues by 2025.

AT&T has a “very pragmatic view of the broader economic picture and the COVID-driven challenges we face in some segments," CEO John Stankey said.

The carrier reported a smaller earnings-per-share hit tied to the ongoing pandemic and turned more positive on its full-year financial performance expectations.

The deal, which will see GTT sell off its fiber and data center assets to Squared Captial, will significantly deleverage the debt-laden network operator.

Cisco declined to say how many employees will be impacted by the job cuts.

The tech giant is ditching its lagging Managed Infrastructure Services and Global Technology Services business units into their own separate public company dubbed “NewCo.”

Synchronoss' CEO resigned; Nutanix CEO Dheeraj Pandey stepped down; plus the latest headcount movements from September.

“Imagine the first grade all happening on Zoom,” Pandey said. “It’s pretty extraordinary stuff. This pandemic is also a once-in-a-lifetime thing,”

Chef CEO Barry Crist had previously admitted that the firm was being “highly impacted” by the ongoing COVID-19 pandemic.

Nokia’s new CEO confronted complacency; plus the latest headcount hirings, promotions, and staff changes from August.

Cisco Security exec sang a SASE security tune; AT&T talked open source; and Netskope, VMware, and CrowdStrike shared threat information.

While the optical vendor saw robust revenues in Q3, executives warned that softening orders could hamper the optical market in Q4.

Cisco smashed SD-WAN, Kubernetes into CN-WAN; T-Mobile detailed its $40B upgrade plans; and Google's Istio move ignited an open source tempest.

Nutanix CEO left amid shift to subscription-based model; VMware launched Tanzu into space; and Dell saw productivity boost from remote work.

CEO Pat Gelsinger said the U.S. Space Force made an “eight-figure commitment to the Tanzu platform” on VMware’s Q2 earnings call.

“It’s been an honor to lead this insurgent company over the past decade,” Nutanix CEO Dheeraj Pandey said.

The security vendor's software and subscription security products helped the vendor overcome flat product billings during the quarter.

“Automation doesn’t mean people will become obsolete, but it does mean a changing workforce,” said Matt Walker of MTN Consulting.

China Mobile has deployed 180,000 5G base stations, followed by about 110,000 by China Telecom and 100,00 by China Unicom.

The vendor will increase its investment in cloud technologies, and it’s also leaning into everything-as-a-service.

Verizon re-ups its cloud contract with Synchronoss, Dish is standing firm on its 5G plans, and Windstream picked Ciena to expand its fiber network.

The vendor's stock also surged on better than expected quarterly earnings.

“This is an execution risk company right now,” Dish co-founder and Chairman Charlie Ergen said during the company's earnings call.

The security and SD-WAN vendor once again shrugged off the economic effects of COVID-19 to post double-digit revenue growth in Q2.