TELECOM – THIS WEEK (2315)
1.????NOKIA SELLS ITS STAKE IN TD TECH, A COMPANY FOUNDED WITH HUAWEI
TD Tech is a Chinese-based company?founded jointly by Nokia and Huawei in Beijing in 2005. The company has R&D centres with highly educated employees that study wireless communication technologies and make various products for carriers such as China Mobile where their products and solutions dominate its 3G and 4G commercial networks, commanding over 60% market share. Then the company also started pawing the road to private network business back in 2011 which is something Nokia is highly dedicated to nowadays.
2.????UAE's e& takes $400 million majority stake in ride-hailer Careem's Super App
Emirates Telecommunications Group Company?has agreed to take a 50.03% stake in a super app managed by Careem, Uber Technologies?Middle East subsidiary, in a transaction valued at $400 million, e& said in a filing on Monday.
3.????The world has a lot to learn from India's 5G journey: Ericsson CTO Erik Ekud?..
Ericsson’s chief technology officer?Erik Ekudden said that India will continue to lead the global 5G growth story with its fastest network build-out.
4.????Huawei refuses to work with incoming partner in China JV
Huawei appears to have scuppered Nokia's sale of its stake in their China-based joint venture, TD Tech. The big Chinese vendor says it will not work with local firm?New East New Materials, which has offered 2.1 billion Chinese yuan (US$305 million) for Nokia's 51% holding. Shanghai-listed New East, which manufactures hi-tech inks, announced Sunday it was seeking to raise up to CNY2 billion ($209 million) to fund the deal.
5.????Huawei R&D hits new high, revenue up
CHINA-BASED tech giant Huawei reported steady operations throughout 2022, having generated $93.2 billion in revenue and $5.2 billion in net profits as the company recently released its 2022 Annual Report on March 31.
6.????U.K. sets goal for ubiquitous standalone 5G by 2030
The U.K. government’s Department for Science, Innovation and Technology set out a new?Wireless Infrastructure Strategy?today, and it includes a goal related to standalone (SA) 5G. The strategy includes the goal to deliver SA 5G to all populated areas in the U.K. by 2030, to extend 4G coverage to 95% of the U.K. population, and to invest ￡40 million ($49.65 million) to drive innovative 5G-enabled services for businesses and the public sector. While many wireless carriers in the U.S. and other parts of the world have transitioned their networks to SA 5G, the U.K. carriers are lagging.
7.????Comcast, Extreme Networks deploy Wi-Fi 6E at Oracle Park
Comcast Business is partnering with Extreme Networks to provide a fully Wi-Fi 6E-capable network at Oracle Park, home to the San Francisco Giants. The deployment will make Oracle Park the first professional sports venue to be completely Wi-Fi 6E ready, according to the companies. Traditionally in the U.S., Wi-Fi has operated in the 2.4 and 5 GHz bands. Opening up the 6 GHz band coincides with the 6th generation of the Wi-Fi standard, which are designated with the 6E moniker. Wi-Fi 6E comes with faster speeds and lower latency. That means the Giants will be able to improve the fan experience inside the park to include things like fast mobile ticket entry and mobile concessions as they ponder future innovations like AR/VR experiences and biometrics-based park entry.
8.????Ziply cranks up the speed with new 10-gig broadband tier
Ziply Fiber is looking to claim the broadband speed crown in the northwestern U.S., trotting out a new symmetrical 10-gig residential service tier. The service is now available to customers across Ziply’s entire four-state footprint.
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9.????Telcos need hyperscalers to grab $513bn digital services opportunity
Telcos are advised to forge partnerships with hyperscalers if they are to capture opportunities in the fast-growing market for digital consumer services, estimated to be worth around $513bn by 2027, new research has shown. In its?‘Quantifying the Consumer Telco Opportunity – 2023’ report, analyst company Omdia has estimated that non-traditional categories, such as digital gaming, online video, messaging apps, smart home services and digital music are going to grow at compound annual growth rates (CAGRs) of between 5% and 21% in the next five years.
10.?Nokia selected by Zain Jordan for nationwide 5G
Nokia announced that it has been selected by Zain Jordan in a multi-year deal to supply 5G Radio Access Network (RAN) equipment throughout Jordan. Through the deal, Zain will be able to support the digital transformation of the country by offering superior 5G services with enhanced connectivity and capacity to customers. A major part of the deployment is expected to be completed during 2023.
11.?T?Mobile and Major League Baseball strike new long?term deal, creating more 5G experiences for fans
T-Mobile is the Official Wireless Partner of Major League Baseball (MLB), Minor League Baseball (MiLB) and Little League Baseball and Softball through 2028
12.?Telkom to Integrate IndiHome into Telkomsel
Telkom and Telkomsel have signed a Conditional Spin-off Agreement (CSA) to spin off and integrate IndiHome into Telkomsel. IndiHome is 100% owned by Telkom and the largest fixed broadband business in Indonesia. The spin off and integration are in line with Telkom’s Fixed Mobile Convergence (FMC) initiative, and the signing of this preliminary agreement is a crucial step in implementing TelkomGroup’s strategy to bring about more choices and a better broadband experience, realize digital inclusion in Indonesia, and strengthen TelkomGroup’s business. The transaction will be value accretive for Telkomsel and has received the support of Telkomsel’s shareholders.?Telkom and Singtel. For Singtel, this integration aligns with its strategic reset principles of pivoting towards higher growth businesses, while reinforcing its commitment to Indonesia.
13.?US moves to increase pressure on allies over Huawei and ZTE
A new US law is set pass that will name and shame any country it considers an ally if they are found to use any Huawei or ZTE kit. It’s called the ‘Countering Untrusted Telecommunications Abroad Act’, which already tells you much of what you need to know about the bill. The bill was first presented to the US House of Representatives in July of last year by Representative Susan Wild.
14.?Automakers' shifting strategies could open doors for 5G providers
General Motors (GM) – one of the world's biggest automakers – recently said it would move away from Apple CarPlay and Android Auto in some of its vehicles in the future. The move is just the latest indication that some automobile companies are looking to recapture more control over drivers' experiences. And that trend, according to some analysts, may well create some significant opportunities for 5G network operators in the US and globally.
15.?There are rumblings of a macro slowdown in telecom
"It feels like there is a macro slowdown happening, and it would not be overly surprising, in our opinion, if macro weakness were to be the next shoe to drop on the industry in mid-2023," wrote the financial analysts at Rosenblatt Securities in a recent note to investors.
16.?MediaTek and Inmarsat join forces on two-way satellite communications direct to smartphones, IoT devices and cars
MediaTek and Inmarsat have expanded their collaboration to bring ultra-reliable, two-way satellite services to smartphones, IoT devices, automotive and other industries. The two industry leaders are focused on enabling mobile operators, smartphone and other device manufacturers to offer satellite services, such as two-way text messaging, emergency communications, device tracking and monitoring, among other capabilities, without the need for pointing on most devices.
17.????Nokia expands industrial edge applications for Industry 4.0
Nokia’s OT edge ecosystem-neutral approach enables innovation from digitalisation enablers. The new applications also use the GPU capability on Nokia MXIE. Using Nokia MXIE, a powerful on-premises OT edge solution that helps process data closest to the source in real time while retaining data sovereignty, enterprises can connect their assets and move to digitalise operations.