Five things to watch April 20: Veon launches $6.5bn MTN programme, Extreme Networks names Wes Durow as CMO and Altice Portugal suffers cyber attack
Capacity shares 5 key stories from around the world making headlines today!
Veon launches $6.5bn MTN programme
Veon has established a Global Medium Term Note (MTN) programme with a limit of $6.5 billion.
Alongide the launch of the MTN Programme, Veon has also prepared a base offering memorandum, which has been approved by the Luxembourg Stock Exchange.
The newly approved memo will enable bonds issued under the MTN Programme to be admitted to listing on the official list of the Luxembourg Stock Exchange and to trading on the Euro MTF market of the Luxembourg Stock Exchange.
Samsung and Xilinx partner on global 5G commercial deployments
Samsung has selected Xilinx’s, an adaptive and intelligent computing provider, Versal adaptive compute acceleration platform (ACAP) for its global 5G commercial deployments.
Xilinx Versal ACAPs provide a universal, flexible and scalable platform that can address multiple operator requirements across multiple geographies.
“Taking a step further by applying Xilinx’s new advanced platform to our solutions, we expect to increase 5G performance and accelerate our leadership position in the global market,” said Jaeho Jeon, executive vice president and head of R&D, Networks business, Samsung Electronics.
“Versal ACAPs will provide Samsung with the superior signal processing performance and adaptability needed to deliver an exceptional 5G experience to its customers now and into the future,” said Liam Madden, executive vice president and general manager, Wired and Wireless Group, Xilinx.
Extreme Networks names Wes Durow as CMO
Extreme Networks has appointed Wes Durow as its new chief marketing officer (CMO).
Effective immediately, Durow will lead Extreme Networks’ channel, field, product, and digital marketing teams, reporting to Norman Rice, chief operating officer.
Durow recently served as the Chief Marketing Officer at Mitel. Prior to Mitel, he held marketing leadership roles with Sonus Networks and Fonality.
He also served as Vice President and General Manager of Global Marketing for Avaya. He began his career in advertising, building brands including American Airlines, Bank of America, Pace Picante Sauce and Dial.
“It is a privilege to join Extreme Networks and enter a culture so intently and squarely focused on advancing customer success and relationships.”
“I look forward to working with our leadership team, the broader go-to-market organization as well as our channels to drive demand, expand our market presence, and further elevate the Extreme brand,” said Durow.
Cradlepoint unveils next-gen wireless edge router
Cradlepoint has launched its first next-generation edge router for wireless WAN use cases.
The Cradlepoint E300 series enterprise router supports the increased performance and advanced LTE, Wifi, security, and management requirements of high-traffic pop-up sites, including quarantine centres, small clinics, and treatment facilities in response to Covid-19.
“We are thankful that our wireless network solutions are playing a role in a wide range of COVID-19 emergency pop-up sites for healthcare, public safety, and other frontline responder use cases,” said Todd Krautkremer, chief marketing officer at Cradlepoint.
“As the response moves from testing to treatment, more powerful pop-up and remote access networks will be required to support higher-traffic volumes, patient internet access, enterprise-class security, and non-stop availability. The new E300 Series, part of our NetCloud Service, is ideally suited to address these heightened requirements with the rapid, zero-touch deployment and centralised management that IT teams need today.”
Altice Portugal suffers cyber attack
Altice Portugal, parent company of MEO, confirms that it was recently subject to a cyber-attack.
According to Time 24 News and speaking to the PUBLIC, the company says that “fortunately the services were not very affected” adding that the impact “were practically nil”.
The company cites the ongoing work internally to bolster its security infrastructure saying that it “has proved to be precious and decisive in defending our operations and protecting our customers” and that “it is already communicating to the competent entities” to report the incident.
Condemning any attacks that endanger “families, companies and the national economy”.