Private equity firm One Equity Partners has partnered with Ericsson on its Media Solutions business and One Equity Partners will become the majority shareholder. Ericsson will retain 49% of the shares in the company. Ericsson remains the owner of Red Bee Media and will continue to develop it as an independent and focused media services business. The terms of the transaction are confidential.
Vodafone and Huawei have conducted a successful field trial of Fixed Access Network Slicing. The virtual access network solution partitions a physical fibre to the home (FTTH) network into multiple virtual network slices, creating multi-tenancy virtualization of the access network.
Huawei has signed a cooperation agreement with UnionPay International with the aim of working together to promote the globalization of Huawei Pay and accelerate its roll-out worldwide to provide a "better mobile payment experience" for Huawei mobile device users.
Qualcomm issued a letter to investors ahead of its annual stockholder meeting in March, highlighting the "significant" regulatory issues with Broadcom's acquisition proposal. This follows a previous letter issued by Qualcomm last week in which the company demonstrated why Broadcom's "hostile takeover" would "dramatically undervalue" Qualcomm.
German telecom giant Deutsche Telekom (DT) and Huawei, together with Intel, announced they have collaborated to achieve the world's first 5G interoperability and development testing (IODT) based on the 3GPP R15 Standard with a commercial base station.
Qualcomm announced that the European Commission and the Korea Fair Trade Commission (KFTC) have authorized the acquisition of NXP Semiconductors. The acquisition has now received 8 of the 9 approvals around the world, with China remaining.
Qualcomm released a statement on January 24 confirming it will appeal a massive fine imposed by the European Commission for alleged market dominance abuse. Earlier that day, the European Commission said in a statement it had decided to fine Qualcomm €997 million ($1.2 billion) for payments it made to Apple in order to secure its leading market position for LTE baseband chipsets.
Swedish operator Telia Company has chosen Nokia's cloud packet core solution to profitably deliver enhanced mobile broadband, and to provide the massively scalable platform required as part of Telia's Next Generation Core.
With mobile data traffic surging by eight times and 1 billion 5G subscriptions expected by the end of 2023, mobile operators must meet consumer and enterprise demand for applications such as 4K/8K video streaming, virtual reality/augmented reality, and immersive media, suggests telecom equipment vendor Ericsson.
Vodafone Group's Networks Centre of Excellence team and the Huawei Mobile Innovation Centre have been testing a way to help address spectrum constraints in Turkey. The teams have completed the world's first trial of GSM/LTE (GL) 900MHz dynamic spectrum sharing on Vodafone's commercial networks in the Black Coast city of Trabzon.