YOU ARE AT:Business

BROWSING: Business

Huawei reports small increase in 2020 sales, profits despite U.S. sanctions

Huawei reports it was up 3.8% year-over-year in 2020 with China accounting for 65% of revenues Chinese vendor Huawei reported its sales revenues reached CNY 891.4 billion (USD 136.7 billion) in 2020, up 3.8% year-on-year while its net profit rose 3.2% to CNY 64.6 billion,...

FTC will not petition US Supreme Court in Qualcomm antitrust case

The FTC believes that Qualcomm’s licensing practices demonstrate anticompetitive behavior In September 2020, the Federal Trade Commission (FTC) petitioned the U.S. Court of Appeals for the Ninth Circuit for a rehearing of the August 2020 decision of a panel of that court in siding with Qualcomm on...

T-Mobile US tunes TVision; pivots to YouTube TV, Philo

In its efforts to capture home internet service marketshare from major cable companies, T-Mobile US is scaling up LTE- and 5G-backed fixed wireless access. To make that service more appealing, the carrier figured it also needed a streaming TV service and, as such, launched...

The Sunday Brief: Happy days are here again?

Greetings from the farm in Williard, MO, and the lake in Davidson, NC, as we took some time away to celebrate four birthdays over a single weekend (ages 11, 14, 23, and old enough).  The farm is a terrific place to clear your mind...

Verizon sells 5G mmWave spectrum to GeoLinks

GeoLinks said the mmWave spectrum will allow it to offer 1 Gbps speeds Verizon has sold a number of millimeter wave (mmWave) spectrum licenses to fixed wireless internet provider GeoLinks, who will use the licenses to cover top markets including New York, Los Angeles, Chicago,...

Vodafone’s 5G network already reaches 25 Spanish cities

Vodafone Spain has activated its 5G network in a total of 25 cities across the country, the telco said in a release. The telco said that it has recently launched the technology in Toledo, Castellón de la Plana, Santa Cruz de Tenerife and  Las Palmas...

Lockheed Martin and Omnispace to build a space-based 5G network

Weeks after the U.S. Air Force’s Space Command issued a Request for Information (RFI) detailing its interest in using 5G for data transportation for ground- and space-based communications, Lockheed Martin, a U.S. defense contractor, announced a strategic interest agreement with satellite startup Omnispace “to explore jointly developing...

Chinese carriers add almost 17 million 5G customers in February

Chinese operators added a total of 16.94 million 5G subscribers during February, according to monthly statistics published on the carriers’ websites. China Mobile, the world’s largest operator in terms of subscribers, added 4.19 million 5G subscribers in February. The operator said it ended February with a...

The Sunday Brief: The elephant in the room (Analyst Day analysis, part two)

Greetings from Davidson/ Lake Norman where the 2-year-drought has ended! The editor has a question for all the TSB-reading technology innovators, implementers and investors: Why is it 2021 and we’re still having to do THIS with our TV’s? Picture-in-picture was an ‘80’s phenomenon. After...

Orange’s 5G network reaches nearly 300 Spanish cities

Spanish operator Orange is already offering 5G services in 298 towns and cities in 38 provinces across the country, the telco said in a statement. According to the telco, 5G coverage already reaches 23% of the Spanish population. Orange said it expects its 5G network to...

SoftBank launches 5G mmWave based on Qualcomm’s technology

Japanese operator SoftBank has launched its 5G mmWave service, using devices based on Qualcomm Snapdragon 5G mobile platforms and modem-RF Systems, Qualcomm Technologies said in a release. The chipmaker noted that the launch of 5G mmWave will allow Japanese users to have access to the...

ZTE expects Q1 revenues to more than double year-on-year

Chinese vendor ZTE said it expects its first-quarter net profit to more than double year-on-year, to an estimated CNY 1.8-2.4 billion ($276.7-368.9 million), mainly driven by continued revenue growth and improving gross margins and profitability. In its 2020 earnings statement, the Asian vendor reported a...

Nokia likely to cut up to 10,000 jobs over next two years

Nokia warned it could cut up to 10,000 jobs as part of a wider restructuring effort designed to reset the vendor’s cost base and increase research and dvelopment investment and future capabilities including 5G, cloud and digital infrastructure. In a statement, Nokia said the planned...

Samsung secures new 5G contract in Canada with SaskTel

Canadian telecommunications services provider SaskTel has selected Samsung as the sole vendor to supply the company with its 4G/5G Radio Access Network (RAN) and Core, the South Korean vendor said in a release. Under the terms of the agreement, Samsung will supply all hardware, software...

UK telcos commit to pay $1.88 billion for additional 5G spectrum

The U.K. has completed its latest 5G spectrum auction, raising a total of GBP 1.35 billion ($1.88 billion), telecommunications regulator Ofcom said in a release. Ofcom said that local carriers EE, Hutchison 3G UK, Telefonica’s O2 and Vodafone took part in the principal stage of...

India’s DoT likely to ask regulator to lower price of 5G spectrum: Report

India’s Department of Telecommunications (DoT) is expected to ask the country’s telecoms regulator to lower the minimum price for the auction of 5G airwaves, Indian newspaper Mint reported, citing an official with knowledge of the matter. Local carriers have been insisting that the floor price...

Rogers and Shaw to merge, shaking up Canada’s telecom industry

Rogers will purchase Shaw for $16 billion Rogers Communications has announced that it will purchase Shaw Communications Inc. in a C$20 billion ($16 billion) deal. If the agreement is approved by regulators, the deal will shake up Canada’s wireless industry as two of the country’s...

Belgian carrier Telenet selects partners for 5G deployment

Belgian operator Telenet has selected Ericsson, Nokia and Google Cloud as the main partners for the rollout of its 5G network. The operator said that the process to select its 5G partners started in early 2020. “5G is so much more than a radio technology system:...

Paris City Council gives approval for local 5G deployments

The Paris Council approved a new telecom charter which will give the green light for 5G deployments in the French capital. The charter was approved with the support of right-wing officials and despite the opposition from environmentalists, who had proposed to authorize the new technology...

The Sunday Brief: March Madness, or what we learned from wireless carrier analyst days

Mid-March greetings from Charlotte/ Lake Norman/ Davidson, where we prematurely celebrated National Poires Belle Helene Day (which is March 15).  Like many of you, the COVID-19 pandemic has broadened our culinary skills.  We are looking forward to enjoying this and other tasty desserts at our favorite...

Deutsche Telekom builds up 5G capacities at 892 sites in two months

German operator Deutsche Telekom said it has built up 5G capacities at 892 mobile sites across Germany in the past two months. The European carrier also said that the mobile sites also provide LTE connectivity through Dynamic Spectrum Sharing (DSS) technology. In addition, Deutsche Telekom has...

T-Mobile looks to leverage 5G lead to grow enterprise market share

T-Mobile's enterprise goal is to be “top of mind for every CIO across America”  Verizon laid out its grand plan to deploy C Band spectrum at an investor event on Wednesday and, the following day, executives with T-Mobile US used the new competitive guidance to...

China Unicom ends 2020 with 70.8 million 5G customers

Chinese operator China Unicom revealed its 5G user numbers for the first time since the telco launched the technology in October 2019, closing 2020 with 70.8 million package subscribers. In its earnings statement, China Unicom noted that 5G customers accounted for 23.2% of its total...

Denmark kicks off spectrum auction for 4G, 5G expansion

The Danish Energy Authority has started the auction of spectrum in five frequency bands, namely the 1.5 GHz, 2.1 GHz, 2.3 GHz, 3.5 GHz and 26 GHz bands. The agency also confirmed that the bidders are TDC Net, 3 Denmark, and the Telia-Telenor joint venture,...