Ericsson has agreed to sell its IoT business to Aeris, a California-based IoT Solutions company. An analyst has said that this latest divestment of the Swedish company shows bad management and a mindset of being stuck to their traditional business involving networks.
Huawei has built an intelligent horizontal transport system at the terminal of Section C in the Beijiang Port Area of Tianjin Port, using cloud-based centralized dispatching to increase port-wide efficiency. The project has achieved Level 4 autonomous driving, enabling 76 Intelligent Guided Vehicles (IGVs) in a fleet to collaborate efficiently.
Nokia is deploying software-defined access networks (SDAN) for du, from Emirates Integrated Telecommunications Company (EITC) to enable zero-touch network operations. The three-year project is built on the two companies’ long-term relationship that brings world-class technologies to the UAE.
Nokia introduced its pioneering Core SaaS for 5G to provide communication service providers (CSPs) and enterprises the option of running the heart of their network through a highly flexible, fully automated, scalable software model that enables greater business agility and faster time to value for delivering and monetizing network services.
By Christine Ziadeh, Content Manager, Telecom Review Group
CommScope revealed that their core net sales in the third quarter of 2022 increased by 17.7% year-over-year to $1.99 billion, primarily due to higher net sales in the Connectivity and Cable Solutions (CCS), Networking, Intelligent Cellular and Security Solutions (NICS) and Outdoor Wireless Networks (OWN) segments.
Nokia announced the opening of its new regional maintenance hub in Riyadh, Saudi Arabia, that will support its customers across the Middle East and Africa (MEA) region.
Nokia announced an enhanced Environmental, Social and Governance (ESG) strategy, integrated into its business and technology strategies and focused on the areas where it can have the most significant impact.
Nokia received the two most prestigious awards from etisalat by e& – Partner of the Year and Best Account Management – during the ‘e& Partner Recognition Award’ event in Abu Dhabi, UAE.
To summarize Nokia Corporation’s financial report for Q3 2022, the company’s net sales grew by 6% in constant currency, hitting €6.2 billion compared to the previous year’s quarter of €5.4 billion. Profit for the period is reported at €428 million, increasing by 22% YoY compared to Q3 2021’s €351 million.
