Nokia and Claro Colombia announced the deployment of an industrial-grade private 4.9G wireless network and edge computing solution at Sociedad Portuaria Puerto Bahía in Cartagena, Colombia, using the Nokia Digital Automation Cloud (DAC).
NEC Corporation has entered into a definitive agreement with Aviat Networks to integrate its Wireless Transport Business with Aviat's in an asset purchase transaction valued at $70 million US dollars.
A five-year R&D partnership valued at more than CAD 470 million between Ericsson and the Government of Canada is set to put the country at the forefront of global development in next-generation communications technologies. The investment at Ericsson’s Ottawa, Ontario, and Montreal, Quebec, facilities is expected to create and upskill hundreds of jobs, strengthening the sites as global leaders in 5G Advanced, 6G, AI, Cloud RAN and Core Network technologies.
Jeanette Irekvist will assume additional responsibilities as President of Ericsson Canada, effective immediately, while remaining her position as the Vice President and Head of Customer Unit Canada and a member of Ericsson’s North America executive team. She takes over the role as President of Ericsson Canada from Graham Osborne, Vice President, Customer Unit Verizon.
Airspan Networks Holdings and Radisys, a wholly owned subsidiary of Jio Platforms Limited announced the sale of Mimosa Networks to Radisys for US$ 60 million, on a debt free, cash free basis.
Nokia and Comcast announced plans to use Nokia’s 5G software and support services to provide Comcast with the capabilities to deliver new, seamless connectivity experiences to Xfinity Mobile and Comcast Business Mobile customers in its service areas across the United States.
NEC/Netcracker has provided NTT DOCOMO, INC. (DOCOMO) with a Charging Gateway Function (CGF) for high-performance processing of billing data, which has become more complex due to the growing sophistication of service menus.
Mobi has selected Federated Wireless as its Spectrum Access System (SAS) and Environmental Sensing Capability (ESC) partner to bring its Citizens Broadband Radio Service (CBRS) network online throughout the Hawaiian Islands. Leveraging CBRS spectrum at 3.5 GHz, high-speed broadband services will be available in hard-to-reach regions of the islands and will enable Mobi to triple channel utilization and enhance network performance.
Ericsson is continuing to execute its revised strategy in the Cloud Software and Services segment. As outlined at its Capital Markets Day 2022, key priorities include limiting subscale software development, accelerating automation to lower deployment and maintenance efforts and changing focus from market share gains to profitable business.
More than half of analysts tracking Qualcomm cut their price targets in reaction to holiday-sales forecast that missed expectations by more than $2 billion
