Telecom Vendors

Huawei and Bahrain Network (BNET) signed a Memorandum of Understanding to identify current strategic objectives, outline governance rules, and set the terms for long-term collaboration.

Huawei has replaced the legacy Enterprise Resource Planning (ERP) system with its MetaERP system, over which it will have full control. ERP is the most critical enterprise management IT system, allowing efficient collection, storage, interpretation and management of information.

Nokia has been selected by Orange Jordan to supply 5G Radio Access Network (RAN) equipment throughout the Kingdom of Jordan, the company announced today. The deal will enable Orange Jordan to provide enhanced connectivity and capacity to its customers as well as lay the foundations supporting the digital transformation of the country and economy.

Huawei’s 20th annual Global Analyst Summit (HAS) under the theme “Thrive With Digital, Striding Towards the Intelligent World” saw attendance by over 1,000 industry analysts, financial analysts, key opinion leaders and media representatives from around the world.

Huawei reported that the company generated $19.2 billion in revenue in Q1 2023, with a year-on-year increase of 0.8% and a net profit margin of 2.3%.* Huawei had posted revenue of $18.95 in Q1 2022.

Nokia has reported that net sales increased by 10% in Q1 2023, benefiting slightly from foreign exchange rate fluctuations along with the following drivers.

Researchers from Nokia and Ericsson cited essential spectrum availability between 7 GHz and 15 GHz for developing 6G and meeting its potential.

Ericsson has reported its first-quarter 2023 earnings results. In summary, net income fell 46% to SEK 1.6 billion in the January-to-March period, while net sales rose 14% but were flat when taking currency exchanges and other parameters into account.

NEC Corporation has laid out its policy on the use of generative AI technologies such as ChatGPT in their business activities.

Nokia has launched four third-party applications for MX Industrial Edge (MXIE), which help enterprises connect, collect and analyze data from operational technology (OT) assets on a robust and secure on-premises edge.