Verizon reported improvements to its cash flow and wireless revenue for the fourth consecutive quarter, as well as double-digit broadband subscriber growth
Verizon released second quarter 2024 results today, reporting improvements to its cash flow and wireless revenue for the fourth consecutive quarter, as well...
Huawei filed a lawsuit in a Chinese court, alleging that MediaTek has committed patent infringement
Chipmaker MediaTek confirmed that it has been slapped with a lawsuit from Huawei that alleges the former is guilty of patent infringement. While further details — such as which patents...
Atlas already has a 29% stake in Millicom, and two weeks ago, offered to purchase the remaining shares for $24 each
An independent committee representing Millicom’s board urged shareholders to turn down the offer from Xavier Niel’s Atlas Investissement to buyout the Latin America-focused operator group.
Atlas...
Ericsson and Oppo will also work together on several 5G-related projects, including device testing and marketing
Ericsson and Oppo have entered a multi-year cross-licensing patent agreement that covers patents related to standards for cellular technologies, including 5G. Per the agreement, the handset vendor will make...
July greetings from Cedar Rapids, Kansas City and Washington, DC. Kudos to my brother-in-law, Andrew Ashcroft, for earning his promotion to Captain in the U.S. Navy. It was an honor to join family and friends at the Pentagon earlier this month to celebrate his...
Over the past 35 years I have been privileged to have worked with and advised countless CEOs and CMOs as an Industry Analyst, advisor and columnist. Over that time, I have had many conversations and learned so much, not only about these companies, but...
Silo AI counts Nokia among its partners on AI projects
Semiconductor company AMD has announced that it is buying the largest private artificial intelligence lab in Europe for $665 million in cash, to bolster AI solutions for enterprise that will leverage AMD's chips.
The move is...
Nokia said the purchase of Infinera, along with the sale of the Alcatel Submarine Networks business, will 'reshape' its Network Infrastructure unit
Nokia said it is buying optical networking vendor Infinera for $6.65 per share, equating to a value of $2.3 billion, in a deal...
Liberty started investing in Formula E a decade ago when the race series first emerged
Telecom provider Liberty Global is taking a majority stake in electric car racing series Formula E, by acquiring shares held by Warner Bros. Discovery.
Liberty first put money into Formula E...
Vodafone has sold its Spanish operation to Zegona Communications for $5.4 billion
Vodafone Group completed the sale of its Spanish operation to Zegona Communications for $5.4 billion. The deal, which was first revealed late last year and approved two weeks ago, marks the end of...
Cinco de Mayo greetings from the East Coast and the Midwest. Lots of upcoming travel in the schedule as Jim will be attending the Broadband Communities Summit in Houston this week. If you are there and would like to trade notes, feel free to reach out...
Mobile Virtual Network Operators (MVNOs) are pretty hot right now. The market is calculated to be worth $81.42 billion in 2024 and is anticipated to more than double to $167.7 billion in the next decade. Triggered by rising consumer expectations for digital services tailored...
Extreme Networks’ Chief Product and Technology Officer on AI: 'Start. Learn. Get to a small value'
Last week, RCR Wireless News sat down with Extreme Networks’ Chief Product and Technology Officer Nabil Bukhari at the company’s annual summit in Fort Worth, Texas to find out...
Comcast increases wireless revenues more than 13% YoY
Cable companies Comcast and Charter Communications both reported quarterly earnings in which mobile growth was a bright spot amid customer losses in other areas of their businesses.
Comcast beat analysts' expectations on its first-quarter profit performance. The...
Nokia reported a 20% decline in Q1 2024 net sales
Nokia has reported a “slow start” to 2024 but said this was expected, and that it anticipates things to pick up in the second half of the year. Company President and CEO Pekka Lundmark...
Greetings from the Carolinas and the Midwest. Our Davidson dinner included local telecom/ tech leaders as well as many Davidson students. A great way to get caught up with several of you – thanks for making the evening so special.
We have a full market commentary...
KPMG will deploy Gemini for Google Cloud for internal use as part of the agreement
U.S. audit, tax, and advisory firm KPMG is working with Google Cloud on the responsible acceleration and adoption of generative AI (GenAI) technologies. As part of the partnership, the pair are establishing...
The proposed cuts represent 13% of the Vodafone workforce in Germany
This week Vodafone Germany revealed plans to cut and relocate approximately 2,000 jobs over the next two years in a $434 million cost-saving effort. The carrier has roughly 15,000 employees in Germany, which means...
Siemens said the acquisition is a 'strategic addition' to its Xcelerator portfolio
Siemens announced its intent to acquire ebm-papst’s industrial drive technology (IDT) business, which includes intelligent, integrated, network-connected mechatronic systems, as well as motion control systems used in free-range driverless transport systems.
In a press...
Additional cost saving measures include a reduction of consultants, streamlining of processes and reduced facilities, said Ericsson
In anticipation of a challenging mobile market 2024, Ericsson has announced plans to cut its workforce in Sweden by 1,200. In a statement, the company explained that the...
Greetings from the Midwest as we get ready for the Big Game. This week, after a full market commentary, we will resume our earnings analysis as we look at the state of traditional cable providers Comcast and Charter.
As we mentioned in last week’s interim Brief,...
Greetings from Missouri. This has been a couple of “at home” weeks prior to a travel-heavy February, which has allowed us to probe a little deeper into fourth quarter earnings. Since the last Brief, Jim’s interview with the 5G Guys podcast has been published (here and...
Nokia has agreed to sell its Device Management (DM) and Service Management Platform (SMP) businesses to Canadian telecom and media software company Lumine Group for $185 million euros (approximately $203 million).
Nokia said that its Device Management software capabilities help communication service providers...
Rapid growth in technology has led to a boom in the telecommunications industry. New advancements pave the way as professionals connect with consumers and keep their businesses running. Whether a small business reaches out via email or pings an app, it all runs smoothly...
