Sweden bans China’s Huawei and ZTE from 5G network

On Tuesday, in a significant development, Swedish regulators have banned China’s Huawei and ZTE from developing its 5G network ahead of the launch of its spectrum auction, scheduled for next month. The decision by the Swedish Post and Telecom Authority (PTS) follows assessments by the by the Swedish Armed Forces and security service. Following widespread concerns,…

Verizon unit wins multiple bids worth $1.9 billion in 3.5Ghz 5G spectrum auction

In a statement, the Federal Communications Commission (FCC) said, a unit of Verizon Communications Inc has won multiple bids worth around $1.9 billion during the auction of a key spectrum block in the 3.5 GHz band. Totally, 228 bidders won bids worth nearly $4.6 billion for the mid-band spectrum block. The auction of the spectrum…

Defense data may have been stolen in cyberattack on Mitsubishi Electric Corp: Japan Defense Ministry

In a statement, Japan’s defense ministry stated, a cyber attack on Mitsubishi Electric Corp, a major supplier of the country’s defense and infrastructure systems, has led to a breach of sensitive data on defense equipment. The potentially stolen data included requirements for defense equipment that Japan’s Defense ministry specified for contract bidders in October 2018,…

France’s 5G spectrum auction to have a base price of $2.4 billion: Junior Economy Minister Agnès Pannier-Runacher

Frances’s 5G spectrum is slated to be sold with a base price of $2.4 billion (2.17 billion euros) – an amount that is significantly more than the figure that was previously recommended by the country’s telecoms regulator Arcep. Earlier last week, wary of heavy investments that will be required for deploying 5G technology, Arcep’s president…

Nvidia potential acquisition of Mellanox Technologies would be its biggest ever

As per a source Nvidia has outbid Intel Corp for Mellanox. The deal assumes strategic importance since it will reduce Nvidia’s dependency on the gaming industry for its revenues. As per a source familiar with the matter at hand, Nvidia Corp is close to acquiring Mellanox Technologies Ltd for more than $7 billion. The potential…

France to auction 5G frequencies this autumn: Agnes Pannier-Runacher

France’s 5G auction, which will in most probability exclude bids from China’s Huawei Technologies, will set the groundwork for next generation industries, including IoT. On Thursday, French news agency Le Figaro reported Junior Minister Agnes Pannier-Runacher as stating, France will commence the auction of 5G telecoms frequencies this autumn, with licenses expected to be given…

Britain’s BT will remove Huawei equipment from its core 4G network

The move follows similar measures undertaken by the U.S., Australia, and New Zealand. On Wednesday, Britain’s BT Group Plc stated it will remove Huawei Technologies Co’s equipment from its core 4G network within two years. The development brings BT’s mobile phone business in line with an internal policy to keep the equipment of Huawei Technologies…

Microsoft Corp wins $479.2 million contract from U.S. Army

Microsoft won the contract through an auction process which saw the participation of tech companies, including Magic Leap. The U.S. Army has awarded Microsoft Corp a $479.2 million contract to supply prototypes for the Army’s augmented reality systems which will help soldiers in training and combat missions. The U.S. Army has posted the awarded contract…