Ericsson announces the appointment of Nicolas Blixell as Vice President and Head of Gulf Council Countries (GCC) effective 20 July 2022. As part of his role, Nicolas Blixell will be responsible for the GCC excluding the Kingdom of Saudi Arabia, which is a separate market at Ericsson.
Nokia has announced that it is the overall project leader for 6G-ANNA, a German national-funded 6G lighthouse project. Beginning July 2022, Nokia will collaborate with the 29 partners in 6G-ANNA to lead and drive 6G research and standardization.
Ericsson has completed its acquisition of Vonage Holdings Corp. (Vonage). As a wholly-owned subsidiary of the Group, Vonage will become a separate business area undertaken as the Business Area Global Communications Platform (BGCP).
North America is forecast to lead the world in 5G subscription penetration in the next five years with nine-of-every-ten subscriptions in the region expected to be 5G by 2027, according to Ericsson’s latest Mobility Report. The report also predicts that current global 5G subscriptions will pass the one billion milestone by the end of 2022.
Nokia continued to execute well in the second quarter (Q2) of 2022, showing an 11% year-on-year (YoY) change in net sales and a 31% YoY change in profit for the period. The operating margin also increased to 9.6% while the gross margin slightly declined to 40.2%.
Amdocs announced the launch of its first UAE office, illustrating the growing importance of partnerships in the Gulf and the opportunities Amdocs sees for growth within the region.
CommScope’s DOCSIS leadership and end-to-end solution portfolio will be leveraged in the industry’s first DOCSIS 4.0 (D4.0) initiative in Europe. The company will deploy a new custom node and Remote MACPHY Device (RMD) platform, specifically for Liberty Global.
Huawei recently announced its latest inventions that will revolutionize AI, 5G, and user experience. The announcement was made as part of Huawei’s biennial "Top Ten Inventions" Awards at the "Broadening the Innovation Landscape 2022" forum held at its Shenzhen headquarters.
Ericsson has shown strong business momentum in the second quarter (Q2) of 2022, despite a year-on-year (YoY) decline in gross margin. The telecom vendor continues to fulfill customer commitments, strengthen competitive advantage and invest in supply chain resilience as well as research and development (R&D).
Huawei unveiled three new IP networking solutions, with an aim to empower Middle East enterprises with super computing power and intelligence and accelerate digital transformation across industries.