Nokia quarterly revenue to get 5G boost before coronavirus impact felt; eyes US telecom companies for growth
Nokia has been hampered by delays in its 5G system-on-chip (SoC) development, which allows a single chip to carry an entire computer system and should enable it to produce its network technology more cheaply.
Telecom shares drop 13%; surprise loser against other sectors as global lockdowns drive online sales from gaming to food delivery
In Asia, Africa, Europe and the Americas, a combination of high fixed costs, debt and market disruption has left telcos significantly underperforming the data-hungry businesses their networks carry
Brazil’s largest fixed-line carrier has been struggling since it filed for bankruptcy.
The concerns have escalated as Huawei has risen to become the world leader in telecom networking equipment.
The surgery was a collaborative effort between Huawei, China Mobile and the Chinese PLA Hospital.
The companies signed a memorandum of understanding on the development of new 5G networks.
The United States is set to impose tariffs on $34 billion worth of goods from China on July 6.
The US government has also blocked a string of Chinese acquisitions over national security concerns
US lawmakers making it difficult for AT&T and others from having commercial ties with Huawei and China Mobile, citing security concerns
The lawmakers are also advising US firms that if they have ties to Huawei or China Mobile, it could hamper their ability to do business with the US government,
Baidu Inc and JD.com will join other big Chinese technology firms to jointly invest about $12 billion in the Shanghai-listed unit of China Unicom, the weakest of three big state-owned telecoms firms, two people with direct knowledge of the matter said.
China Mobile, the country's largest state-owned telecom operator, started field tests of China's first 5G base station in the southern city of Guangzhou, last week.
The change would facilitate Chinese enterprises' investment and construction along the Belt and Road.
China's three telecom carriers - China Mobile Communications, China United Network Communications Group and China Telecommunications Corp - announced steps to scrap domestic long-distance and roaming charges from October 1, 2017.
China's internet supervisors have taken down more than 5,500 illegal apps for disseminating pornographic and violent content among other things.
Nokia has signed a 1.36 billion euro one-year framework deal with China Mobile easing fears that it'd lose market share while merging with Alcatel-Lucent.
Leading global telecom operators including China Mobile, Vodafone, Bharti Airtel and SoftBank have joined hands to launch five-year programme GTI 2.0, which aims to advance existing 4G technology and industrialization of 5G technologies.
China will spend more than $182 billion to boost Internet speeds by the end of 2017, a top government body said, as Beijing moves towards a more service-driven economy to boost growth.
Microsoft is making its biggest push into the heavily pirated Chinese consumer computing market this summer by offering free upgrades to Windows 10 to all Windows users, regardless of whether they are running genuine copies of the software.
Indian telecom major Bharti Airtel and world's largest telecom operator China Mobile on Tuesday announced a partnership to work jointly on evolving high technologies like 5G and procuring telecom devices and equipment.