Nokia has announced the launch of Broadband Easy Connect, a new subscription-based service that helps operators streamline, simplify and accelerate the process of connecting homes to fiber. The service allows operators to fully control and manage the home fiber connection process from the initial end-user request to the final service activation.
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Telecom Vendors
Ericsson’s Patrick Johansson Steps in as SVP, New Head of Market Area MEA
Effective as of August, 1, 2024, Patrick Johansson will become a member of Ericsson's Executive Team (reporting to the CEO) as its new Head of Market Area Middle East & Africa (MMEA) and Senior Vice President. He will be based in Riyadh, Saudi Arabia.
Nokia Looks Forward to Stronger Year-End Growth
In Q2 2024, Nokia recorded an 18% decrease in net sales and an 8% decline in operating profit compared to the previous year. Despite these challenges, this quarter showed robust cash generation, yielding a free cash flow of EUR 394 million, supported by Nokia's ongoing normalization of its working capital position.
Nokia Acquires Infinera for USD 2.3 Billion, Strengthening Optical Network Leadership
Nokia and Infinera have announced a definitive agreement under which Nokia will acquire Infinera in a transaction valuing the company at an enterprise value of USD 2.3 billion.
Nokia Partners with Telecom Egypt to Launch Egypt's First 5G Network
Nokia announced a new partnership with Telecom Egypt to bring 5G technology to Egypt for the first time. The collaboration aims to revolutionize the country's telecom landscape by introducing the transformative power of 5G to cities including Alexandria, Aswan, Cairo, Giza, and Luxor.
InfraX, Nokia Pool Expertise and Resources for Robust Network Solutions
InfraX, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), has signed a Memorandum of Understanding (MoU) with Nokia, a B2B technology innovation leader. The agreement was signed by InfraX's Chief Operating Officer, Rashid Al Ahmedi and Rima Manna, Vice President of Network Infrastructure for Middle East and UAE Country Director at Nokia.
Ericsson in Q2 2024: Taking Proactive Steps for Long-Term Business Success
In Q2, Börje Ekholm, President and CEO, Ericcson, said, “We remained focused on matters in our control to optimize our business amid a challenging market environment, with industry investment levels unsustainably low.”
Nokia Enters 5G-Advanced Era With World’s First Immersive Voice and Audio Call
Pekka Lundmark, Nokia's President and CEO, has officially held a live immersive audio and video call with Stefan Lindström, Finland's Ambassador of Digitalization and New Technologies.
Huawei Maintains Lead in the 5G RAN Race
Huawei has been named a leader in GlobalData’s H1 2024 5G market report, “5G RAN: Competitive Landscape Assessment.” This is the sixth consecutive year that Huawei has received this recognition since GlobalData began releasing this report in 2019, highlighting Huawei as a market leader in 5G RAN products and solutions.
Aryaka: Entwining AI with Global Network Security
Following the latest developments in artificial intelligence (AI) in the security space, Aryaka has launched a Unified SASE as a Service (USaaS) solution, encompassing networking, security and observability for its global customers.