Ericsson has entered into a three-year Deferred Prosecution Agreement (DPA) with the U.S. Department of Justice (DOJ) to resolve criminal charges related to violations of the FCPA. This relates to accounting violations of the FCPA in five countries including in Djibouti where there is also a charge of bribery. In the agreement, the DOJ agrees to defer the prosecution of those charges and to have them dismissed at the end of the term in exchange for Ericsson complying with the conditions of the DPA. Conditions include a payment by Ericsson of a fine of USD 520,650,432. As part of the resolution with the DOJ, Ericsson's Egyptian subsidiary has entered a guilty plea to the bribery charge in Djibouti.
Nokia and Innventure, which commercializes innovative technologies, have established a relationship designed to accelerate commercialization of disruptive Nokia Bell Labs satellite communications technology and intellectual property in areas beyond Nokia core businesses. The collaboration with Innventure will be led by Nokia Technologies, the company's licensing arm.
Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, has announced the winners of the UAE edition of the Huawei Middle East ICT Competition 2019.
du and Batelco have launched a joint venture, “Arc”, with a mission to simplify intra-regional connectivity in the Middle East, providing interconnected data centre solutions for carrier, cloud and content providers and major enterprise companies.
US officials have agreed to grant licenses to several firms to provide components to Chinese tech giant Huawei, which faces sanctions imposed over national security concerns.
Nokia announced that Ooredoo Tunisia will deploy the Nokia AirGile cloud-native core and services to power its current 2G/3G/4G network in order to prepare for the transition to 5G.
The US government has recently announced that it will be issuing a 90-day extension on Huawei’s license to trade with domestic companies in the US, according the Department of Commerce.
Nokia delivered a solid third quarter, with positive free cash flow, widespread sales growth, solid operating margin, strong performances in Nokia Enterprise, Nokia Software and IP Routing and good progress towards meeting their 2019 cost reduction goals.
Commscope, a global leader in infrastructure solutions for communication networks, reports its third quarter results for 2019.
MTN has selected Ericsson to digitize their product catalog management and order management processes, leveraging Ericsson Catalog Manager and Ericsson Order Care.