Commscope also highlighted the firm is well-positioned to capture business opportunities in the 5G field
Commscope expects to see future benefits from partnerships with large North American customers despite some impacts in the firm’s margins, the firm’s CFO Alexander Pease said on a conference call...
Boingo buying student, multi-family Wi-Fi provider Elauwit Networks
On Aug. 1 Boingo Wireless, in addition to announcing a 21.6% year-over-year growth in Q2 2018 revenue to $59.6 million, made public its planned $28 million acquisition of Charleston, S.C.-based Elauwit Networks, a Wi-Fi provider focused on...
Legere updates on T-Mobile US, Sprint merger
T-Mobile US executives, who are working with counterparts at Sprint and federal officials on a proposed merger, provided details on plans to launch mobile 5G, millimeter wave spectrum auction participation, 600 MHz deployment and plans related to the...
Sprint adding 2.5 GHz support to macro sites; 15,000 small cells on-air
Under the direction of new CEO Michel Combes, Sprint today reported Q1 2018 financials that reflect a sixth consecutive quarter of subscriber growth, although key metrics like net income and operating income declined...
The executive said, however, that this scenario may change in the future depending on the pricing of certain mobile assets
U.S. cable operator Charter Communications is not considering acquisition of wireless assets at the moment, the company’s president and CEO, Thomas Rutledge, said during a...
Huawei reports biggest gains, but doesn't break out carrier sales
Operators in mature mobile markets are enhancing LTE networks to increase throughput and lower latency while also investing in next-generation 5G networks, which are poised for limited commercialization this year followed by more scaled deployments...
O2 is currently working to deploy a testbed for 5G trials in London
UK carrier O2, owned by Spanish telecom group Telefonica, said it has written to every CEO of the companies in the FTSE 100 Index to invite them to participate in O2’s 5G...
Huawei recently announced plans to increase annual spending in R&D
While competitors Nokia and Ericsson both reported flat to down sales, Chinese network infrastructure vendor Huawei reported revenues of CNY 325.7 billion ($47.8 billion) for the first half of the year, an increase of 15%...
Operator network investments translate to increased tower and site revenues
As operators in the U.S. and around the world continue to invest in network infrastructure and densification, major tower companies American Tower, Crown Castle and SBAC this month all reported year-over-year increases in tower and...
Buy back comes after Qualcomm walks from NXP acquisition
After dropping its $44 billion bid to purchase Dutch semiconductor firm NXP, Qualcomm, as promised, has started the process of buying back some $30 billion of its stock. According to the company, the initial round of...
ZTE lost $790 million in Q1 due to the impact of the ban
Chinese network infrastructure vendor ZTE has issued a revised earnings report for the first quarter of the year that puts quarterly losses at more than CNY 5.4 billion ($790 million) after taking...
AT&T taking 'one-touch, one-tower' approach to FirstNet build
In providing a second quarter update on the carrier's financial performance, AT&T Communications CEO John Donovan provided an update on the FirstNet deployment. AT&T is investing more than $40 billion in construction of a nationwide LTE network...
Intel PC, IoT, data center, memory businesses all up
This week Intel reported what Interim CEO and CFO Bob Swan characterized as an "outstanding" Q2 marked by revenue growth across all PC and data-centric business units. He said the company expects a record-setting 2018 marking...
Nokia CEO says end-to-end deals at all-time high
As he previously signaled, Nokia CEO Rajeev Suri this week said the network infrastructure vendor had a challenging first half of the year but expects a "more robust second half." In a Q2 2018 earnings call, Suri...
Qualcomm has to pay a $2 billion fee to NXP for terminating proposed deal
Since announcing the proposed $44 billion acquisition of Dutch semiconductor firm NXP in October, 2016, Qualcomm has worked to gain worldwide regulatory approval for the deal, and extended the tender period...
AT&T execs highlight Time Warner acquisition on Q2 earnings call
With the acquisition of the Time Warner portfolio complete (despite a Department of Justice appeal), AT&T is becoming much more than a wireless provider. Factor in the DirecTV business, wireless subscriber base and broadband customers,...
The two partners will use the 5G pilot network to conduct drone trials later this year
Singaporean carrier Singtel and Ericsson announced plans to launch what it claims to be Singapore’s first 5G pilot network in the last quarter of the year. The two companies...
Houston joins Sacramento, Los Angeles as 5G launch markets, Verizon says
Although its prepping to deploy commercial 5G services in three named markets, Verizon capital expenditures will likely come in toward the low end of guidance as the carrier efficiently invests in both LTE and...
The carrier announced plans to test 5G capabilities in greater Paris and Île-de-France
French carrier Orange announced plans to extend 5G tests to greater Paris area and Île-de-France. The telco said that Paris, Châtillon and Linas-Montlhéry are the next zones to host Orange’s new 5G...
The Canadian telco is working with Ericsson to trial 5G technology
Canadian telecom operator Rogers Communications confirmed plans to deploy thousands of small cells as part of its 5G efforts, the company’s President and CEO Joe Natale said during a conference call with investors.
“With respect...
Let me share a secret with you—something every very successful marketer uses, but they may not think of it this way. Something I learned from my pet dog. I call it pack mentality. As human beings, we are animals. As animals, there are many...
The value generated by 5G will account for 1.5% of South Korea’s GDP in 2025, report says
The commercial use of 5G technologies in South Korea is expected to generate 47.8 trillion won ($42 billion) in socioeconomic value in 2030, according to a recent study...
Under the partnership, Proximus and Besix will focus on the development of innovative solutions for smart buildings in areas such as hospitality, building efficiency and safety & security
Belgian telecom operator Proximus has inked a strategic partnership with compatriot construction firm Besix Group, which specializes...
As part of cost-cutting plans, Ericsson workforce reduced by 20,500
In the past year, Ericsson has cut some 20,500 positions, with more than 2,000 job cuts in the second quarter of this year. The workforce reductions are part of a plan to reduce costs by...