Huawei equipment has a price advantage: sourcing from non-Chinese sources is likely to drive up costs. Security comes at a price. In a significant development, China’s Huawei is facing fresh headwinds in Europe following an announcement by Deutsche Telekom that it would review its vendor strategy; Orange has also stated it would not use its…
SoftBank will also source its 5G network equipment from Nokia and Ericsson rather than from Huawei: Nikkei In a significant development, Japan’s Nikkei has reported without citing sources, SoftBank Group Corp plans on replacing 4G network equipment from China’s Huawei Technologies Co Ltd with equivalent hardware from Nokia and Ericsson. Further, for its 5G network,…
While an industry group prefers the adoption of a wifi-based technology for next-gen cars, others, including Intel, Vodafone, Ericsson, Deutsche Telekom, Qualcomm, Samsung, Daimler, Ford, PSA Group, and Huawei are pushing for an alternative 5G standard. BMW, Vodafone and Ericsson have reportedly made a last-ditch effort to persuade the European Commission to open the doors…
The timing for deploying 5G technology is set to top the agenda at the Mobile World Congress, set to take place in Barcelona next week. The telecom industry is counting on the new technology to trigger growth in equipment sales and mobile services.
The digital goodwill impairment does not however impact its cashflow. On Friday, Swedish mobile network equipment maker Ericsson stated it may have to cash-in on a goodwill impairment in its struggling media and digital services businesses. Although the move may potentially hit its operating income, its cashflow however has been safeguarded. Ahead of the roll-out…
Faced with increased competition from its peers, BroadSoft has been under pressure from shareholders who are behaving like activists. According to sources familiar with the matter at hand, BroadSoft Inc, a U.S. software provider which helps companies with cloud-based communications services, is exploring its options, which includes its potential sale. The moves comes midst BroadSoft…
The coming age of autonomous self-driving vehicles have necessitate close collaboration between tech companies and automakers. Toyota Motor Corp along with Intel and other tech and auto companies have formed a consortium to create an ecosystem that will cater to big data for the upcoming connected car market. The Japanese carmaker also mentioned that…
Verizon is shoring up its resources and is strategically placing itself to launch 5G services in the next year. Verizon Communications Inc has agreed to buy optic fibre from Corning Inc for at least $1.05 billion over the next three years. The purchase is aimed at improving its network infrastructure, said the No. 1 wireless…
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