On his first results day since taking the reins of the Finnish networks giant in August, Pekka Lundmark, CEO and president of Nokia promised to do “whatever it takes” to become the 5G market leader and announced a move to a more focused approach as the company vies for 5G market share against competitors Ericsson and Huawei.

Read more: Nokia demonstrates progress in Q3 financial report

CommScope announced that it has acquired the complete patent portfolio for virtual radio access networks (vRAN) from Phluido, a pioneer in RAN virtualization and disaggregation. These patents address key concepts introduced in both 5G and O-RAN radio access networks, including efficient fronthaul transport, virtualization, and network synchronization.

Read more: CommScope buys vRAN patents from Phluido

Nokia has announced further details after being named by NASA as a partner to advance “Tipping Point” technologies for the Moon, deploying the first LTE/4G communications system in space and helping pave the way towards sustainable human presence on the lunar surface.

Read more: Nokia set to build first ever cellular network on the Moon

Huawei announced its business results for the first three quarters of 2020. During this period, Huawei generated CNY671.3 billion in revenue, an increase of 9.9% over the same period last year. The company's net profit margin in this period was 8.0%. Throughout the first three quarters of 2020, Huawei's business results basically met expectations.

Read more: Huawei publishes Q3 business results

Cyberattacks on internet-connected devices continue to rise at an alarming rate due to poor security protections and cybercriminals use of automated tools to exploit these vulnerabilities, according to the latest Nokia Threat Intelligence Report.

Read more: Nokia Threat Intelligence Report warns of IoT cybersecurity risks

With digital technologies becoming the building blocks of the Middle East’s intelligent society—and increasingly important during the COVID-19 pandemic and post-pandemic recovery—Huawei is once again running its flagship annual Middle East ICT Competition to prepare the next generation of leaders for an intelligent world. The initiative supports socio-economic development by bolstering the overall ICT ecosystem through nurturing local talent; individuals who will be their nations’ assets for achieving national development plans and ambitious visions for more sustainable knowledge-based economies.   

Read more: Huawei launches first Innovation Competition running in parallel to support industrial digitization

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