Fierce

In a bid to shake up its bottom line, Infinera announced a cash and stock deal valued at $430 million to acquire optical competitor Coriant. Infinera said the deal, which is set to close this quarter, would double its annual revenue and expand its customer base to serve nine of the top 10 global network operators, with five new to Infinera, and the top six internet content providers, including three that would be new to Infinera. "It's a pretty straightforward deal," said Lee Doyle, principal analyst at Doyle Research.

According to some of the nation’s top Wall Street analysts, wireless network operators are positioned to reap the financial benefits of a relatively quiet first half of 2018.

The head of the Federal Communications Commission’s wireless bureau fired a wide range of questions at Dish Network about the carrier’s wireless network buildout plans. Importantly, the FCC’s Donald Stockdale stated that “I am contacting you to request updates and more detailed information on your buildout plans for the 53 megahertz of low- and mid-band spectrum that is apparently lying fallow in these bands.” The implication of Stockdale’s questions is that the FCC may begin to take action against Dish for collecting spectrum licenses but not using them.