Network Operators Got $42.3 Million for Open RAN Their Testing Needs The U.S. federal government has granted $42.3 million to a consortium of major telecom network operators and suppliers to make their Open Radio Access Network ambitions come true. The National Telecommunications and Information Administration (NTIA) has granted $42.3 million for the deployment of Open […]
Mountasser Hachem, Founder and Chairman of Monty Mobile, boasts an impressive 20-year track record of expertise and leadership in the telecommunications industry. Mr. Hachem has established himself as an innovator in business strategy, consistently staying one step ahead of the competition, and capitalizing on emerging market trends. Under his guidance, Monty Mobile has become a global […]
Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have laid off thousands of employees citing economic conditions, Ericsson’s move would be the largest layoff to hit […]
Saudi Arabia is Nokia’s biggest market in the Middle East and Africa, and it plays a significant role in society in the nations where it does business. Accordingly, Nokia sees Saudi Arabia as a crucial market. The company is dedicated to offering the most cutting-edge technologies. Including 5G. To help the country develop a robust […]
As part of an “essential step towards 5G,” networking behemoth Ericsson has been awarded a five-year contract by Deutsche Telekom to lay the foundations for its mobile network. Ericsson will update Deutsche Telekom’s 2G, 3G, and 4G networks with a multi-standard solution. The Swedish telecommunications company will provide its multi-standard radio access network as part […]
Swedish telecom equipment maker Ericsson said on Thursday it would reach the lower end of its long-term target of a profit (EBITA) margin of 15-18 percent by 2024 as several of its more profitable markets show signs of slowing down. The company, one of the world’s biggest suppliers of 5G technology, forecast the 5G radio […]
Ericsson said on Friday it had struck a global patent licence agreement with Apple, ending a row over royalty payments for the use of 5G wireless patents in iPhones. The Swedish telecoms equipment maker said the multi-year deal included global cross-licences for patented cellular standard-essential technologies, and granted certain other patent rights. “The settlement ends […]
Network equipment maker Ericsson will invest millions of pounds in 6G mobile research in Britain, it said on Tuesday, working with universities on hardware security, AI and cognitive networks and quantum computing. The Swedish company, which supplies 5G gear to all four British mobile networks, said the 10-year initiative would help to drive development of […]
STOCKHOLM (Reuters) – Ericsson said on Friday it is only providing software and technical support to Russian clients and has not sold any telecommunications equipment to mobile operators there since the Ukraine war started, after Swedish media reported the company had continued its exports. Shares of the company fell 4.6 percent in morning trading. Ericsson […]
Ericsson said on Monday it will gradually wind down business activities in Russia over the coming months as the Swedish telecoms equipment maker completes its obligations to customers. The company, which suspended its business in Russia indefinitely in April, said it has about 400 employees in Russia and would provide financial support to affected employees. […]
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