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.
The Federal Communications Commission (FCC) has breathed new life into a stalled initiative aimed at extending 5G network coverage to America’s rural areas. The rejuvenated program, named the 5G Fund for Rural America, seeks to allocate $9 billion over the next decade to bring 5G connectivity to 14 million homes and businesses in regions currently overlooked by operators due to financial impracticalities.
Mobile Experts released a report on the growth of Private LTE and 5G in sectors like offices and schools. EnGenius launches the EOC655 series for outdoor connectivity, designed for smart cities and public safety. UK Altnets have urged the government for harsh penalties against fibre infrastructure vandalism. Klika Tech won the 2024 IoT Global Awards in the “Smart Cities, Government & Utilities” category.
