Ericsson has announced that the Committee on Foreign Investment in the United States (CFIUS) has approved its $6.2 billion acquisition of Vonage Holdings. The transaction is scheduled to close by Thursday, July 21. The Swedish vendor’s most significant purchase to date is that of Vonage. This acquisition is a crucial component of Ericsson’s strategy, which calls for creating a market-leading service for businesses. Both the company’s boards and shareholders have approved the $6.2 billion all-cash transaction, but the deal was briefly put on hold while the Committee on Foreign Investments in the United States (CFIUS) looked at it. Following the transaction’s announcement, Ericsson became involved in a controversy in February involving payments to the Islamic State militant organization in Iraq. This incident led to investigations by various U.S. authorities, raising concerns that the deal would be in jeopardy. In spite of Ericsson’s offer price of $21 per…
Ericsson to be the sole RAN vendor for T-Mobile Netherlands T-Mobile Netherlands has appointed Ericsson as a sole supplier for the renewal of its 5G network. Soren Abildgaard, CEO of T-Mobile Netherlands, stated, “I am confident that with the support of Ericsson we will continue to offer our customers the best mobile telecom experience. We have been leading in 4G for many years and we are and will continue to be so with 5G. In recent years, we have built a globally acclaimed 4G network.” According to the Dutch mobile operator, the choice was preceded by an intensive selection process that assessed, among other things, quality, equipment performance, innovation, sustainability and costs. Read more at https://tinyurl.com/4szfd6m4 Nokia and LG U+ collaborate for 5G Advanced and 6G The South Korean mobile operator LG U+ has signed a Memorandum of Understanding (MoU) with Nokia to cooperate on the next generation of wireless…
BT and Ericsson have launched a new cooperative venture in which the two companies will collaborate to deliver private 5G networks to Industry 4.0 clients. The details of the multimillion-pound arrangement have not been released, although it is reported that the partnership duration is to be for several years. Under the terms of the agreement, BT will use Ericsson technology to provide private 5G networks to partners in a variety of industries, including manufacturing, healthcare, and transportation and logistics, with a focus on enabling valuable solutions such as asset tracking, predictive maintenance and automation. Asset tracking, predictive maintenance, networked sensors, real-time data processing, automation and robots are among the industry 4.0 solutions promised. The actual implementation may vary depending on the environment, but the private 5G network, which enables all of these use cases with low latency connectivity, is the main selling point. Katherine Ainley, CEO Ericsson…
The successful demonstration of renewable energy sources in a 5G mobile site has been confirmed by Deutsche Telekom and Ericsson. Both companies collaborated to convert a live radio station utilizing a management system to optimize power supply and demand by leveraging solar and wind energy. The site in Dittenheim, 120 kilometers north of Munich, has been partially powered by solar panels for over a year as part of a prior collaboration between the two enterprises. Wind turbines have now been installed as part of a new trial to increase the site’s renewable energy capability. Acting as a second renewable energy power source, the wind turbine is capable of providing up to 5kW of additional electricity. When the conditions are ideal, the facility may run entirely on renewable energy, eliminating the requirement for use of the electrical power grid. The Ericsson Power System, which handles the two power sources…
Ericsson has ceased operations in Russia in order to comply with international sanctions imposed in the weeks following Russia’s invasion of Ukraine. Nokia, too, has announced its intention to abandon the Russian market, having already ceased supplies and begun to relocate R&D out of the country. However, Nokia intends to continue supporting the maintenance of current equipment on humanitarian grounds. Over the years, Ericsson has collaborated with a number of Russian mobile providers. The company recently formed a strategic relationship with MTS to create private 5G networks, as well as the testing and implementing next-generation technology with the operator. Ericsson has said that it will indefinitely cease relevant operations with Russian clients. The vendor also stated that it is in discussions with customers and partners, and that staff in Russia have been placed on paid leave. In Russia, Ericsson employs around 600 people. In a stock market notification…
Verizon drives towards its goal of net zero carbon emissions Verizon has used the proceeds from its most recent $1 billion green bond to sign a number of renewable energy purchase agreements (REPAs) in an effort to make its operations more ecologically friendly. These REPAs encompass around 910 megawatts of new renewable energy producing capacity throughout seven states in the USA, with wind turbines accounting for around 51% and solar panels for the remaining 49%. By 2025, the operator claims it will have sourced or generated renewable energy equal to 50% of its annual electricity use. Read more at: https://tinyurl.com/4fzb629n Broadvoice to officially launch GoContact BPO offering At the Call & Contact Center Expo US, Broadvoice, a supplier of hosted voice, unified communications (UC) and SIP Trunking services for businesses, will demonstrate its new contact center solution for the business process outsourcing (BPO) sector. This new offering is the result…
Vantage Towers partners with Mowea Vantage Towers, a subsidiary of Vodafone, has formed a strategic alliance with the Berlin-based start-up Mowea to power towers with renewable energy. Vantage Towers plans to build 752 micro wind turbines on 52 towers in Germany, with a capacity of up to 650 MWh per year. Under typical wind conditions, the turbines can cut grid power usage and electricity operating expenses at each site by up to two-thirds or more. Installation of the Mowea’s micro wind turbines is planned for the second part of the year, assuming that all relevant licenses are obtained by then. Read more at: https://tinyurl.com/35zsph6v Nokia to defend IP Telecom against quantum cyber attacks Nokia has established a partnership with IP Telecom to expand the latter’s data center cloud connection infrastructure to Portuguese urban regions. Under the terms of the agreement, Nokia will create an encrypted optical data center interconnect (DCI)…
Xiaomi unveils new flagship smartphones The Chinese tech giant Xiaomi has introduced its new flagship smartphones, the Xiaomi 12 and Xiaomi 12 Pro, which will go on sale in China from December 31st. The global launch of the Xiaomi 12 is expected to follow in early 2022. According to the company’s press release, the Xiaomi 12 and Xiaomi 12 Pro are powered by the latest Snapdragon 8 Gen 1 processor, and feature industry-leading DisplayMate A+ OLED displays and powerful imaging capabilities. During the presentation, Xiaomi CEO Lei Jun indicated that the new smartphone would be a direct competitor to the iPhone 13. Read more at: https://tinyurl.com/58byr3fu Telefónica acquires Ericsson 5G equipment to replace Huawei Telefónica, Spain’s leading telecommunications group, has bought 5G network equipment from the Swedish manufacturer Ericsson to replace some Huawei gear that it has deployed in Spain. According to the local newspaper Expansion, Telefónica had initially rolled out…
Ericsson releases 10 Hot Consumer Trends report Ericsson’s ConsumerLab 10 Hot Consumer Trends study, which addresses early adopter perspectives and aspirations up to 2030, has been released. The report discusses hybrid retail experiences at the fictitious ‘Everyspace Plaza’ mall, where consumers examined 15 hybrid shopping mall facilities meant to expand the conventional experience via the use of digital technologies. According to Ericsson, the ConsumerLab 10 Hot Consumer Trends study represents the expectations and forecasts of over 57 million early technology users worldwide. Read more at: https://tinyurl.com/54w7xe68 Vodafone to auction a unique NFT Vodafone will sell an NFT of the world’s first ever SMS text message, “Merry Christmas,” which was transmitted on the Vodafone network in December, 1992. The exclusive NFT ensures ownership of a one-of-a-kind, exact reproduction of the original communication protocol used to send the first-ever text message. All profits from the auction will be donated to the UNHCR,…
Samsung to undertake a structural reorganization Samsung has announced yet another dramatic reorganization, this time separating the corporation into just two units: Device Solutions, which handles semiconductors, and the SET Division, which includes the mobile, consumer and television businesses. The reorganization looks to be strategic, indicating a change in focusing on the highly successful semiconductor market. Consolidating the consumer electronics and mobile companies should assist to streamline the company’s overall operations and improve synergies across the many sectors. Read more at: https://tinyurl.com/4e78wsfd AT&T to upgrade US Coast Guard network The Defense Information Systems Agency has selected AT&T to combine and enhance the US Coast Guard’s diverse data networks, awarding the company a $161 million, 11-year contract. AT&T will provide an IP-based Wide Area Network as well as ethernet, virtual private networking, private lines, fixed wireless, optical wavelength and commercial satellite connectivity to the Coast Guard. The contract was granted as…