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Ericsson navigates uncertain market conditions as shares nosedive due to less-than-stellar sales and the aftermath of Vonage acquisition.
M&A

Navigating Ericsson’s Financial Turbulence Amid Vonage Acquisition

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Swedish telecom giant, Ericsson, navigates uncertain market conditions as shares nosedive due to less-than-stellar sales and the aftermath of Vonage acquisition. CEO Börje Ekholm’s outlook paints a cautious but proactive stance into 2024, with reiteration that long-term EBITA margin targets remain unaltered. Despite this, debates swirl around the company’s decision to acquire Vonage and its impact on the downturn. Could potential partnerships and strategic moves towards Open RAN and Cloud RAN be the missing puzzle pieces to Ericsson’s comeback?

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NAVIGATE involves renowned telecom providers NEC and Freshwave, working to create a neutral host small cell solution.
Telco Buzz

Project NAVIGATE. Neutral Host Small Cells Unveiled

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NAVIGATE, part of the UK’s ONE competition, involves renowned telecom providers NEC and Freshwave, working to create a neutral host small cell solution for areas with high signal demand. This project, backed by a substantial £7.42 million funding, aligns with the UK Government’s goal of diversifying the 5G supply chain and nurturing Open RAN spaces. NEC and Freshwave will develop an energy efficient, financially viable solution based on NEC’s Open vRAN software that could significantly boost the multi-operator neutral host network. As the UK joins forces with Australia, Canada, Japan, and the US in the Global Coalition on Telecommunications, this project may herald an inventive, cooperative future for the telecoms industry.

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Infovista plans to harness their Ativa™ Suite to enhance fault-finding with in-depth pattern identification, correlation, and analysis.
Telco Buzz

Infovista Spearheads Telecom Revolution with Advanced Automation

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Infovista is set to revolutionize telecoms with their Ativa™ Suite. Promising to reduce fixed voice blackouts and service disruptions, an impressive aspect of the tech is that it could potentially reduce solution times for CSPs by 66%. This major step towards automation could transform customer relations. While on the other side, milestones such as Ericsson and TDC NET launching Denmark’s first 5G Standalone network, Vodafone initiating the UK’s largest Open RAN rollout, and Vodacom and Eskom venturing into virtual power wheeling, signal a fast-paced evolution of global telecommunications.

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The Open RAN sector has experienced an unexpected loss as Tareq Amin, the CEO of Rakuten Symphony, unanticipatedly departed from the company.
Telco Buzz

Unveiling Symphony’s Future after Amin’s Sudden Departure

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As Rakuten Symphony’s CEO, Tareq Amin, unexpectedly departs, it heightens the mystery around the company’s subdued performance this year. Despite a promising start and securing a deal with Germany’s greenfield mobile operator 1&1, Symphony’s momentum appears to have plateaued. Yet a recent MoU with Veon to explore Open RAN solutions offers a beacon of hope. Amidst tricky market conditions and scarce major RAN deals, all eyes are now on acting president Sharad Sriwastawa to breathe new life into Symphony.

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Veon, the parent company of Kyivstar, is partnering with Rakuten Symphony for a comprehensive reconstruction of its Ukrainian infrastructure.
Infrastructure

Veon, Rakuten Symphony Forge Alliance for Ukraine Infrastructure

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Telephone company Veon has announced a significant infrastructure initiative with Rakuten Symphony, aimed at bolstering Ukraine’s telecommunications framework. This strategic move will involve an extensive roll-out of Open RAN enabled 5G networks, forming the backbone for new digital services. Veon’s $600 million commitment signals confidence in Open RAN’s transformative potential and Rakuten’s proven commercial implementation acumen.

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The telecoms landscape recently witnessed a significant event as Rakuten Mobile achieved its first-ever quarterly EBITDA profit.
Market Watch

Rakuten Mobile Hits Profit Milestone Despite Net Loss Challenges

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Rakuten Mobile posted its first quarterly EBITDA profit, signaling progress in its greenfield strategy despite wider net losses. The telecom unit’s revenue rose nearly 11 percent, and subscriber growth continued. Positive EBITDA and reduced losses hint at a potential turnaround for the ambitious, cloud-native network operator within Rakuten Group’s evolving telecom push.

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