Xavier Niel’s Atlas Investissement has proposed a $4.1 billion buyout of Millicom, a key telecom player in Latin America under the Tigo brand. Despite a rejected offer, Atlas aims to enhance Millicom’s network and distribution. Leveraging expertise from its 29% stake, Atlas seeks to drive growth and expand 4G services in rural regions.
Samsung and MediaTek have successfully tested 5G Reduced Capability (RedCap) technology over virtualized Radio Access Networks (vRAN), potentially extending battery life for IoT devices. The test, carried out in Samsung’s R&D lab in Korea, utilized Samsung’s vRAN 3.0 software, OpenRAN compliant radio, and MediaTek’s M60 modem-equipped RedCap testing platform.
Stage X, poised to become South Korea’s fourth mobile network operator, is now facing the revocation of its license due to financial discrepancies. The government is reportedly on the verge of pulling the plug on the firm’s spectrum rights, according to Yonhap news agency, which cited a statement from the Ministry of Science and ICT (MSIT).
Infovista has unveiled the latest version of its AI-driven RF planning tool, Infovista Planet, which now supports 5G RedCap network planning. This advancement allows operators’ network planning teams to incorporate 3GPP-compliant 5G RedCap devices in their analyses and simulations of 5G Standalone networks. Currently, 17 out of 126 mobile operators investing in 5G Standalone are exploring 5G RedCap for emerging applications, according to the GSA.
Ericsson has announced an additional $50 million investment in its USA 5G Smart Factory in Lewisville, Texas, adding to an initial $100 million invested in 2020. This expansion aims to increase local production to meet the rising demand for US-made 5G infrastructure, aligning with the Build America Buy America Act (BABAA).
EchoStar Corporation has landed a substantial contract to supply mobile devices and services to the US Navy, valued at up to $2.7 billion over the next decade. This deal, though not a complete solution to the company’s financial woes, is a significant positive development amid ongoing challenges.
Cornerstone, a leading passive infrastructure provider managing Virgin Media O2 (VMO2) and Vodafone’s shared mobile network, is set to introduce a cutting-edge neutral host network utilizing smart street light technology in urban environments.The partnership between Cornerstone and Signify, a Netherlands-based company spun off from Philips in 2016, will leverage Signify’s BrightSites Broadband Luminaire products. These innovative LED streetlamps act as network extenders, supporting a mesh network using 60 GHz millimetre-wave (mmWave) spectrum to facilitate 5G connectivity.
In spite of a 14% drop in sales, Ericsson has reported an impressive expansion in gross margin to 42.7%, largely credited to the resilience of its product portfolio and strict cost reduction measures. Maintaining its market leadership amid economic uncertainties, Ericsson anticipates further shrinkage in the RAN market for the rest of the year.
Viavi Solutions Inc. has made waves at the 2024 RIC Forum, held in Dallas, Texas. The company proudly showcased its TeraVM RIC Test and TM500 Network Tester in various demonstrations, further solidifying its commitment to cutting-edge collaborations within the telecom industry.
Nokia has enhanced its WaveSuite optical network platform. Companies across various industries are increasing their investment in artificial intelligence. Ericsson launched EFTG to drive 5G advancements in U.S. federal agencies for national digital transformation. NVIDIA’s launch of the GB200 Grace Blackwell Superchip promises to revolutionize generative AI’s efficiency and performance.
