Nokia CEO sets out restructuring after shares plunge 17 percent

Nokia CEO Pekka Lundmark has set out his restructuring plans after poor comparative results to Ericsson tanked the company’s shares.

“Our industry is undergoing profound changes. Industrial automation and digitalisation are increasing customer demand for high-performance networks, with a trend towards open interfaces, virtualisation, and cloud-native software,” said Lundmark.

“As we work to renew our strategy, we will ensure we are well-positioned to leverage...

FCC tells China Telecom it will share confidential docs with other agencies

The FCC has notified China Telecom that it will share documents the operator issued in confidentiality.

State-owned China Telecom has been authorised to operate in the US since 2001, but has found itself subject to increased scrutiny in recent months.

The US Justice Department and other federal agencies have recommended that the FCC revokes China Telecom's license due to concerns including "inaccurate public representations by China Telecom concerning its cybersecurity...

Happy 100th! Ericsson reaches commercial 5G agreements milestone

Swedish telecoms giant Ericsson has reached the milestone of 100 commercial 5G agreements globally.

Ericsson reached the 100 agreements mark following the announcement of a 5G deal with Telekom Slovenije yesterday.

The progress Ericsson has made over the past year is impressive.

Just under a year ago, Ericsson had publicly announced 24 5G contracts with equipment live in 15 networks. As of today, 58 contracts have been publicly announced and Ericsson’s gear...

Huawei leads Q2 2020 smartphone shipments despite market slump

Huawei has led smartphone shipments for Q2 2020 despite political pressures and a record slump in the wider market.

According to research by IDC, global smartphone shipments declined 16 percent in Q2 over the previous year. The decline is hardly surprising due to people holding out to upgrade to 5G – and, of course, that whole pandemic thing.

"Smartphones shipments suffered a huge decline in Q2 as they directly correlate to consumer spending, which had a massive...

T-Mobile switches off Sprint’s 5G network following $26.5 billion merger

T-Mobile is switching off Sprint’s legacy 5G network following the merger of the companies which finally closed on April 1st.

Sprint’s 5G, which uses 2.5GHz mid-band spectrum, has been taken offline while T-Mobile works to re-deploy it across its own network.

Most existing Sprint customers won’t be able to use their current devices going forward to access 5G, with Galaxy S20 users being the exception. T-Mobile is offering credits for affected customers to lease a...