ZTE to raise $1.7 bn to focus on 5G network development
ZTE is aiming to raise 11.51 billion yuan ($1.7 billion) from a private placement of A shares.
China based ZTE plans to use the proceeds...
STL reports revenue of Rs 1203 crore, generating 31% from abroad
STL (Sterlite Technologies) announced results for the third quarter ending December 31, 2019. The Indian network supplier has achieved order book of Rs 8,535 crore.
STL...
U.S. to add powers to block shipments of foreign goods to Huawei
The U.S. government is nearing publication of a rule that would expand its powers to block shipments of foreign-made goods to China’s Huawei, as...
NEC innovation for subsea telecom cables and repeater
NEC and its subsidiary OCC Corporation have completed qualification of subsea repeaters and optical cable containing up to 20 fiber pairs (40 fibers).
NEC claims...
Nokia to cut 180 jobs in Finland as part of cost reduction strategy
Nokia today revealed that it will cut 180 jobs in Finland this year as part of the global cost reduction plan to save EUR...
Samsung buys TWS to boost 5G network business
Samsung Electronics announced the completion of a deal to acquire TeleWorld Solutions (TWS), a network services provider in the United States, as part of...
2020 will be a year of critical decisions for wireless operators
We’ve heard about the promise of 5G for years – how it will be faster and more efficient – but it wasn’t until 2019...
Nokia wins 63 commercial 5G network contracts vs Ericsson and Huawei
Nokia announced that it has won 63 commercial 5G contracts worldwide, positioning it as a global leader in the delivery of end-to-end 5G solutions.
The...
ZTE wins China Mobile’s 2019 bidding for NFV network equipment
ZTE Corporation has won a large portion of China Mobile’s 2019 bidding for NFV network equipment, covering six of the eight regions for control plane, and...
Huawei shines in storage business vs Dell, NetApp, HPE
IDC estimates telecom infrastructure market — consists of hardware and software compute and storage platforms (including software-defined storage and compute) — will be nearly...
STL wins Rs 1,800 crore rural broadband deal
STL, a global data networks provider, has won an order -- worth about Rs 1,800 crore -- from Telangana Fiber Grid Corporation (T-Fiber) to...
Huawei sales touch $121 bn in 2019, anticipates tough 2020
Huawei estimates that its sales revenue will be around 850 billion Chinese yuan or US$121 billion in 2019, an increase of roughly 18 percent,...
Syniverse selected by Globe Telecom, Dito and PLDT for MNP
Globe Telecom, Dito Telecommunity and PLDT subsidiary Smart Communications have selected Syniverse to enable mobile portability services in the Philippines.
Syniverse, which was selected as...
5G mobile network radio business doubled in 2019
The number of mobile-network radio units supporting 5G on the market more than doubled in 2019, according to GlobalData.
The number of 5G radio units...
Nokia wins 5G network deal from SETAR in Aruba
Nokia today announced it has won a 5G network deal from SETAR, a communications provider in Aruba.
This is first 5G network contract for Nokia...
Nokia to help TIM Brazil deliver IoT services to enterprises
Nokia has won a contract from TIM Brazil to help the telco deliver Internet of Things (IoT) services to its enterprise customers.
The Brazilian market...
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