Ericsson has agreed to sell its IoT business to Aeris, a California-based IoT Solutions company. An analyst has said that this latest divestment of the Swedish company shows bad management and a mindset of being stuck to their traditional business involving networks.

Read more: Another Unsuccessful Venture: Ericsson Sells IoT Business

Huawei has built an intelligent horizontal transport system at the terminal of Section C in the Beijiang Port Area of Tianjin Port, using cloud-based centralized dispatching to increase port-wide efficiency. The project has achieved Level 4 autonomous driving, enabling 76 Intelligent Guided Vehicles (IGVs) in a fleet to collaborate efficiently.

Read more: Huawei Builds Intelligent Horizontal Transportation Solution at Tianjin Port

Nokia is deploying software-defined access networks (SDAN) for du, from Emirates Integrated Telecommunications Company (EITC) to enable zero-touch network operations. The three-year project is built on the two companies’ long-term relationship that brings world-class technologies to the UAE.

Read more: Nokia Deploys SDAN Solution for du’s Zero-Touch Networking

Nokia introduced its pioneering Core SaaS for 5G to provide communication service providers (CSPs) and enterprises the option of running the heart of their network through a highly flexible, fully automated, scalable software model that enables greater business agility and faster time to value for delivering and monetizing network services.

Read more: Nokia Expands Reach With Market First Core SaaS for 5G

CommScope revealed that their core net sales in the third quarter of 2022 increased by 17.7% year-over-year to $1.99 billion, primarily due to higher net sales in the Connectivity and Cable Solutions (CCS), Networking, Intelligent Cellular and Security Solutions (NICS) and Outdoor Wireless Networks (OWN) segments.

Read more: CommScope Q3 2022: Highest Performance on Record Since ARRIS Acquisition

To summarize Nokia Corporation’s financial report for Q3 2022, the company’s net sales grew by 6% in constant currency, hitting €6.2 billion compared to the previous year’s quarter of €5.4 billion. Profit for the period is reported at €428 million, increasing by 22% YoY compared to Q3 2021’s €351 million.

Read more: Mobile Networks, Enterprise: Nokia Q3 2022’s Key Factors for Accelerated Growth

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