Ericsson Appoints Chafic Nassif as Head of Market Area North East Asia
Ericsson has announced the appointment of Chafic Nassif as the new Head of Market Area North East Asia and Senior Vice President.
Currently serving as...
Microwave Transmission Market to Ensure Strong Growth Thanks to 5G and Broadband
The global microwave transmission market will achieve significant growth in coming years, thanks to the expansive 5G buildouts witnessed in 2021, which has since...
Ericsson Secures €420 mn in Funding to Drive Wireless Technology Research and Development
Ericsson has inked two funding agreements with the European Investment Bank (EIB), totaling €420 million, with a disbursement of €250 million in December 2023.
This...
Comarch and ITOCHU Techno-Solutions Collaborate on Advanced 5G SA Network for KDDI
Comarch has partnered with ITOCHU Techno-Solutions to deliver a virtualized 5G Standalone (SA) network for KDDI, a Japanese telecommunications operator. The collaboration focuses on...
Mavenir Secures Contract to Transform Messaging Capabilities for Deutsche Telekom
Mavenir, the leading Network Software Provider, has clinched a contract to modernize and revolutionize messaging capabilities for Deutsche Telekom networks in Austria, Czech Republic,...
Nokia Sales Drop 23% to €5.7 bn in Q4 2023
Telecom equipment maker Nokia has reported sales of €5.707 billion (down 23 percent) in Q4 2023 and €22.258 billion (down 11 percent) for the...
Ericsson Names Yossi Cohen as Head of North America Market
Ericsson has announced the appointment of Niklas Heuveldop, the current Senior Vice President and head of Market Area North America, as the new Head...
Why Ericsson and Nokia Will Do Well in Open RAN Market : ABI Research
Global technology intelligence firm ABI Research has unveiled its projections, forecasting a steady yet incremental rise in the Open RAN market share, reaching an...
Ericsson 2023 Financial Report Reveals its Business Challenges in Key Telecom Markets
In a recent financial disclosure, Ericsson, a prominent telecom equipment manufacturer, has reported a notable decline in business across key telecom markets during the...
Ericsson Sales Drop 16% in Q4 As Mobile Operators Cut Capex
Ericsson, a global leader in telecom equipment manufacturing, has disclosed its financial performance for the fourth quarter and the entire fiscal year of 2023.
In...
Ericsson Names Lars Sandstrom as CFO and Head of Group Function Finance
In a strategic move to bolster its leadership team, Ericsson has appointed Lars Sandstrom as its Chief Financial Officer, Senior Vice President, and Head...
Global RAN Revenues Anticipated to Decline in 2024: Dell’Oro Group
In a notable shift from the robust growth witnessed between 2017 and 2021, the revenues of Radio Access Network (RAN) are poised for a...
Nokia and Zayo Achieve 1 Tb/s Transmission Milestone in Live Field Trial
Nokia and Zayo have completed a live field trial, showcasing the Nokia’s sixth-generation Photonic Service Engine super-coherent optics (PSE-6s).
The trial demonstrated a 1 Tb/s...
Optical DWDM Equipment Market to Reach $18 bn Driven by Coherent DSPs
The Optical Dense Wavelength Division Multiplexing (DWDM) equipment market is poised to achieve significant growth, with market revenue forecasted to reach $18 billion by...
Surge in Cloud-Native Deployment for Telco Networks by 2024: IDC
There will be an acceleration in the cloud-native deployment of telecommunications (telco) network workloads throughout 2024, IDC said in its report.
IDC’s forecast outlines a...
Nokia Reveals €360 mn Investment Plan in Germany
Nokia has announced an investment of €360 million in software, hardware, and chip design at its Ulm and Nuremberg sites in Germany.
Nokia’s investment is...