Ericsson is set to reduce more staff following the disclosure of its financial results for Q2 in 2017. The company has confirmed it will axe staff, although it didn't speculate how many jobs were at risk, in addition to this it will also reduce its real estate footprint as part of its efforts to make $1.2 billion in cuts.
Nokia and WorldLink are upgrading 650-km-long backbone network with Nokia's 1830 PSS (Photonic Service Switch) DWDM (Dense Wavelength Division Multiplexing) technology to support bandwidth-hungry entertainment and enterprise services across the country. The intercity network stretches from Kathmandu to Bhairahawa and Birgunj, and provides international connectivity between Nepal and other countries including India.
NXN (formerly neXgen), a leading smart city consulting and digital service provider, announced that it has signed an original equipment manufacturer (OEM) agreement with SAP. Through this agreement, NXN integrates and provides a powerful combination to help governments and real estate developers across the region to build cities that are powered by innovative smart services.
As the first commercial Internet of Things (IoT) networks are being introduced, Ericsson complements its cellular IoT software and IoT Accelerator offerings with a complete set of network services. These services enable service providers to efficiently address the deployment and operation of the massive number of IoT devices being introduced to LTE networks.
Huawei announced a partnership with digital money transfer service WorldRemit, making WorldRemit's international money transfer service available to all partners of Huawei's mobile money service platform across Africa. WorldRemit is a leading global provider of remittances, processing 74% of all international transfers to mobile money accounts coming from money transfer operators.
US chipmaker Qualcomm has reignited its ongoing dispute with Apple following its decision to call on the US International Trade Commission (ITC) to ban the sale of certain iPhones. Qualcomm is calling for the prohibition of sales on the devices because it alleges that Apple has infringed up to six of its patents.
CommScope has agreed to acquire Cable Exchange, a privately held, quick-turn supplier of fiber optic and copper assemblies for data, voice and video communications.
Chairman of the Ericsson Board of Directors Leif Johansson has announced that he will not make himself available for re-election at the 2018 Annual General Meeting.
The Commonwealth Telecommunications Organisation (CTO) is pleased to announce that Huawei has joined the organisation as an ICT Sector Member. This is a membership category of the CTO that is open to the private sector.
Nokia and Xiaomi announced that they have signed a business collaboration agreement and a multi-year patent agreement, including a cross license to each company's cellular standard essential patents. Xiaomi also acquired patent assets from Nokia as part of the transaction.
