Nokia, Vodafone NZ to accelerate network innovation with 5G-Advanced & 6G

Key Signals in Telecommunications

Centre Setup and Expansion
Saudi Telecom Company launches Center3 with USD 1 Bn investments
The launch of Center3 aims to enhance the digital system and cement the kingdom’s position as a regional digital Centre. It aligns with STCs strategy to expand the company’s footprint and achieve digital empowerment. Read More>>
Ericsson is scaling up its Pune facility to meet 5G equipment demand
Along with this, Ericsson also released its India-specific 5G study, which revealed that 5G network superiority will drive consumer loyalty in the country and could be a trigger for churn. Read More>>
Ericsson wins Greenland 5G deal
Deploying Ericsson equipment and Netgear routers, Tusass will bring high-speed wireless internet to the sparsely populated island without resorting to expensive and hard-to-deploy cables. Read More>>
BK Technologies receives USD 1 Mn Purchase Order for BKR 5000 from the Virginia Department of Forestry
The purchase order represents the first order in the agency’s large-scale lifecycle replacement program, undertaken to transition to newer, more effective portable communications platforms. Read More>>
Bluesky picks Ericsson to upgrade its network in American Samoa
The project will include the Ericsson Radio System, industry-leading Cloud Core, Cloud Unified Data Management, IP Multimedia Subsystem (IMS) solutions, and a cloud execution environment to support 3G, 4G, and 5G non-standalone connections. Read More>>
Nokia, Vodafone NZ to accelerate network innovation with 5G-Advanced & 6G
The MoU will focus on developing new applications and services enabled by the capabilities of Nokia’s advanced mobile network technology. The companies will also explore the capabilities of 5G-Advanced and 6G networks in the future. Read More>>
Mergers and Acquisitions
Vodafone to acquire Nowo
The acquisition will allow Vodafone to increase its customer base, as well as its fixed network coverage. The acquisition will also bolster Vodafone’s competitiveness in the market, giving it greater coverage across Portugal. Read More>>
Executive Movements
Chief Legal Officer Nassib Abou-Khalil to leave Nokia
Esa Niinimki, Deputy Chief Legal Officer, Corporate and Secretary to the Board of Directors, to assume the role of interim Chief Legal Officer of Nokia. Read More>>
Arqiva appoints Sarah Jane Crabtree as Chief People Officer
Crabtree is appointed to the Arqiva Executive Committee, reporting to CEO Shuja Khan, to lead the company’s people and culture. Read More>>
Executive Movements
Bezeq to lay off 50% of the workforce
An estimated three hundred tenured employees will lose their jobs, and an additional 250 non-tenured employees. The layoffs come after the Ministry of Communications canceled the split between Internet infrastructure providers and ISPs. Read More>>
Financial and Market Activity
Comtech Telecommunications Corp. declares Quarterly Cash Dividend
The Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on November 18, 2022, to shareholders of record at the close of business on October 19, 2022. Read More>>

Latest Industry Insights from Draup Braindesk

  • Arista focuses on integrating network detection and response functions to eliminate network threats and cyber-attacks. 
  • Through the adoption of Unified Cloud Fabric technologies, Arista allows users to automate, secure, and derive analytics from physical switches. 
  • San Francisco Bay Area, United States, serves as the critical location for Arista with a focus on Data Center & NOC Infrastructure and Network Equipment Testing & Automation related engagements. 
  • Wipro is the major outsourcing partner for Arista, majorly on Product Engineering Services and Consulting & System Integration related engagements.

Startup Spotlight

Company – Airalo
Total Funding – USD 7.25 Mn
About: Airalo is the world’s first eSIM store for travelers to access eSIMs for 190+ countries and regions at the most affordable rates from around the world, all via eSIM-compatible smartphone, tablet, or PC. Customers will never have to carry multiple SIM cards or change their numbers again, no matter where they are. Read More>>

Latest Reports Published in Draup

NBN Co Limited Account Intelligence Report   
NBN is keen on developing broadband, satellite, ethernet, and telecom fiber services to maximize the company’s diversity. Read More>>
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