Telecom DailyWelcome to Faulkner's Telecom Daily. We publish Monday through Friday, updating top stories as events warrant.
Thursday, February 22...
Google's Pixel Phones Among First to Qualify for New Android
Enterprise Recommend Program
Google introduced a new program for Android-based smartphones that is designed to endorse select handsets for use by enterprise-class customers. Dubbed the Android Enterprise Recommend Program, the new certification "showcases enterprise devices and services that meet high standards for security, reliability, and productivity while also enabling the teams which deploy corporate devices to manage them easily and securely." Some requirements for certification under the program include a strict set of security criteria, such as a minimum of at least one security update every 90 days, as well as other guidelines for ease of personal use and mobile fleet management. Google was quick to point out that its own Pixel and Pixel 2 smartphone lines have both qualified for Android Enterprise Recommend, exceeding its requirements with features such as their monthly security updates. However, several devices from other manufacturers have also qualified for the certification, including the BlackBerry KeyOne and Motion; the Huawei Mate 10 and P10 lines; LG's V6 and G30; the Moto X4 and Z2 Force Edition; the Nokia 8; and Sony's Experia XA2 line and XZ line. The list of certified devices is expected to continue to grow as new options hit the market.
Cogent Communications Shows Net Loss Due to Recent Tax
Cogent Communications posted its financial results for the fourth quarter and fiscal year 2017. For the quarter, Cogent took in revenues of $89.37 million, a marked increase over the $83.5 million posted for the same period in 2016. Interestingly, despite the rise in revenues, the company reported a significant net loss for the quarter. This is apparently due to the same corporate tax rate changes that have positively impacted the bottom lines of many companies this quarter. However, for Cogent, the federal tax rate change resulted in an additional tax expense of $11.3 million for the fourth quarter, pushing it to a loss of $6.23 million, or $0.14 per share, compared to the net profit of $3.89 million, or $0.09 per share posted for the same period in the previous year. For the year, Cogent's revenues reached $346.4 million, up from the previous year's $323.6 million. Net income here came to $5.83 million, or $0.13 per share, having also been impacted by the aforementioned tax rate changes. This was a significant drop from FY 2016's net profits of $14.93 million, or $0.34 per share. On these results, the Cogent Board of Directors approved a quarterly cash dividend of $0.50 per share. This amount will be payable on March 26, 2018 to shareholders of record on
March 9, 2018.
Sprint Launches Samsung Knox Manage, Knox Configure for Business Customers
Sprint and Samsung jointly announced the launch of Samsung Knox Manage, a new, secure Enterprise Mobility Management (EMM) solution for companies of varying sizes. According to the pair, the new offering is designed to "give IT professionals a simple, yet powerful way to manage mobile devices across their organizations." The service revolves around the ability to create a "cloud-based command center," which can then be used by IT admins to remotely manage devices across a variety of operating systems including Android, iOS, or Windows 10 devices. While the company noted that this functionality works with both Samsung and non-Samsung devices, it did reveal that the Korean manufacturer's own line of Galaxy smartphones running on Knox Manage would support "elevated security." As part of the same launch, Sprint will also offer Knox Configure to subscribing customers. This companion service allows IT staff to configure and deploy branded, custom mobile devices in bulk. More information on both solutions can be found at Sprint's EMM Web page.
... Michael Gariffo, Faulkner Information Services
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