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.
Ericsson released a statement on January 16 noting that it will book SEK 14.2 billion (US$ 1.77 billion) in write-downs in its Q4 2017 financial results. The write-downs, Ericsson said, are related to the company's Digital Services and Other divisions, in addition to an SEK 1 billion charge related to tax changes in the United States.
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.
Ericsson has launched its 'Towards a 5G consumer future' industry insight report that discusses the six calls to action from consumers that operators need to act upon to provide a foundation for adoption of 5G technology. The report, the largest 5G consumer expectation study to date, represents the views of 800 million smartphone users worldwide.
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.
Norwegian telecom provider Telenor has chosen Nokia as its sole supplier for the replacement of its legacy optical backbone network. The new optical core network will provide much-needed bandwidth capacity in Norway and Sweden.
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.
Qualcomm Technologies and Ford Motor Company are accelerating the development of connected cars with the extension of their long-standing relationship into the development of advanced connectivity systems for Ford vehicles and upcoming Cellular Vehicle-to-Everything (C-V2X) technology testing.
In a letter to stockholders ahead of its 2018 Annual Meeting of Stockholders to be held on March 6, Qualcomm highlighted details of a $1 billion strategy which aims to generate "significant value" for investors in the near term, in the wake of Broadcom making moves to acquire Qualcomm, which the company has labeled "opportunistic" and "aggressive".
The city of Dallas, Texas, has selected Ericsson to install and host an Advanced Traffic Management System (ATMS) based on Ericsson's Connected Urban Transport solution. The city's vision for the traffic system is an intuitive and easy-to-use interface that automates and facilitates system monitoring, management, maintenance, and performance monitoring across departments, as well as between cities and counties.