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The Sunday Brief: Earnings analysis–is Microsoft the new Ericsson?

Greetings from Lake Norman and Charlotte, North Carolina, where we are having a wet but overall terrific spring (pic is of our May Day celebration with neighbors – plenty of cheer… at a distance).  This week, we will continue our earnings discussion with five...

Nokia profits up despite COVID supply chain challenges

Nokia CEO says the company has 70 5G deal wins and 21 live networks deployed On its Q1 earnings call, Nokia President and CEO Rajeev Suri said that while the company’s revenues took a small hit — EUR200 million in net sales — due to...

Telstra upgrades 5G network with Ericsson to handle Standalone traffic

  Australian carrier Telstra has upgraded its 5G radio access network (RAN) coverage footprint across Australia, connecting a cloud-native 5G Core (5GC) network to handle new 5G standalone traffic. Telstra used equipment from Swedish vendor Ericsson for the network upgrade. The 5G upgrade means that Telstra already has...

Online is the new normal and connectivity is king (Reader Forum)

COVID-19 has fundamentally shifted the ways in which we live and do business, and it will continue to do so for the foreseeable future having accelerated a transition into a new way of life almost overnight.  For enterprises, this has been highly disruptive. The coronavirus...

Singapore awards two licenses to construct standalone 5G networks

  Singtel and a joint venture between StarHub Mobile and M1 were awarded licenses to build two nationwide standalone (SA) 5G networks in Singapore, , local telecommunications regulator IMDA said. The winners were each allocated 100 megahertz of spectrum in the 3.5 GHz band. IMDA noted that...

Samsung sees lower 5G investments in Q2 due to COVID-19 impact: VP

  South Korea tech giant Samsung Electronics expects to see a slowdown in 5G investments in the second quarter of the year due to the negative impact of the COVID-19 pandemic, JongMin Lee, VP of Samsung's mobile communications business, said during the firm’s earnings call. “It...

Handset demand down in Q2 but Qualcomm still bullish on 5G in 2020

Expect more traction around mmWave 5G with upcoming auctions, activations Qualcomm was within its second quarter 2020 revenue guidance despite a significant downturn in handset demand related to the COVID-19 pandemic and associated business closures and quarantine regulations. While the company sees this softening continuing...

China sets new regulations for the procurement of tech equipment

  The Chinese government has set new regulations for critical information infrastructure operators to buy tech equipment, which could potentially represent new obstacles for foreign vendors. The new regulations, which were announced by the Cyberspace Administration of China (CAC), require that domestic critical information infrastructure operators...

Nokia secures $1 billion 5G deal with Bharti Airtel

Nokia will deploy 300,000 radio units across several spectrum bands Nokia has secured a $1 billion (nearly ₹7,636 crore) deal with India’s Bharti Airtel to supply its Single Radio Access Network (SRAN) solution across nine geographic regions in India. In a process that is expected to...

NTT DoCoMo targets 2.5 million 5G subscribers by March 2021

  Japan’s largest carrier, NTT DoCoMo, expects to attract 2.5 million subscribers in the 5G segment by March 2021, the operator said in its earnings statement. The telco, which launched 5G service last month, said it signed up 14,000 5G users at end-March. 5G coverage is forecast to increase...

Nvidia acquires Mellanox in a data center dream come true

Nvidia CEO: 'This is a home run deal' Nvidia’s $7 billion acquisition of computing networking company Mellanox Technologies has been finalized following delayed regulatory approval, and Nvidia CEO Jensen Huang couldn’t be happier. “This is a home run deal,” Huang told CNBC. "Man, I've been dreaming...

ZTE reports lower revenue, profits in Q1

  Chinese vendor ZTE reported operating revenue of CNY21.48 billion ($3 billion) in the first quarter of 2020, down 3.2% year-on-year, chiefly due to the negative impact of Covid-19 (coronavirus) lockdown measures in China. The vendor said that net profit attributable to holders of ordinary shares...

Ericsson to provide 5G RAN to Thailand’s True Corporation

Ericsson currently has 31 live networks in 17 countries Thai mobile service provider True Corporation has selected Ericsson as a 5G Radio Access Network (RAN) vendor as part of its national 5G network, which will operate on 700 MHz, 2.6 GHz and 26 GHz frequencies in...

Huawei, ZTE already secured over 80% of China’s 5G contracts: Report

  Chinese vendors Huawei and ZTE have secured the majority of a contract to provide up to 250,000 5G base stations to China Telecom and China Unicom, Chinese press reported. With these new contracts, the two Chinese vendors have already secured more than 80% of China’s...

The Sunday Brief: Earnings insights from Verizon and AT&T

Homebound April greetings from Lake Norman, where North Carolinians are beginning to come out for Chick-fil-A (pictured is the drive-thru at the Mooresville location last Friday evening).  So much for sheltering in place.  This week, we’ll examine the earnings of two telecom leaders, Verizon...

Kagan: Thoughts on new AT&T CEO and industry leadership

As someone who has been following AT&T for decades, I see an interesting pattern in the change from Randall Stephenson to John Stankey as CEO of AT&T. While the future direction and success of AT&T is up to Stankey, the next hand has been...

AT&T CEO Randall Stephenson retiring; COO John Stankey taking top spot

Earlier this week AT&T withdrew 2020 guidance due to COVID-19 impact Following the companies first quarter earnings call this week, AT&T announced that CEO Randall Stephenson, 60, will retire from his position but stay on as Executive Chairman of the Board of Directors until January...

German carriers to expand 5G coverage via DSS technology

  German carriers Deutsche Telekom (DT) and Vodafone Germany are in the process of expanding 5G coverage across the country through the use of Dynamic Spectrum Sharing (DSS) technology. Deutsche Telekom said that this expansion in 5G coverage will allow more than half of the German...

Dish selects Mavenir software for OpenRAN on 5G network

Dish: 'An OpenRAN architecture provides the opportunity to utilize “a diverse technology ecosystem' Now that the Sprint/T-Mobile merger has officially been finalized, Dish Network is on its way to being one of the big four U.S. mobile operators. As part of its plan to develop...

China Unicom sees slower 5G deployment due to COVID-19 pandemic

  China Unicom said the outbreak of the COVID-19 pandemic in China has slowed the deployment of 5G networks and impacted business development. In a statement, the company said the pandemic has also increased demand for digitalization, which could translate into new business opportunities. The carrier’s net...

Facebook invests big in Reliance Jio, securing stake in India’s tech sector

The Facebook, Reliance Jio collaboration will involve bringing together JioMart with WhatsApp Facebook is making a $5.7 billion investment in Reliance Jio, translating to a 9.99% stake in the Indian mobile carrier’s operations. Facebook spoke of the development on its corporate website where comments made by...

AT&T withdraws all guidance as COVID-19 hits Warner Media revenue

AT&T attributes approximately $600 million impact to COVID-19 pandemic AT&T this week withdrew all previous financial guidance based on uncertainty around the long-term impact the ongoing COVID-19 pandemic will have on financial markets and consumer confidence. However, company President and Chief Operating Officer John Stankey...

US Cellular, Ericsson increase mobile broadband capacity during pandemic

US Cellular and Ericsson have added additional capacity to more than 200 sites In response to increased data usage as a result of the ongoing COVID-19 pandemic, US Cellular, with Ericsson support, has begun to increase capacity for customers in Wisconsin, Iowa, Illinois, New Hampshire,...

Huawei sees slower revenue growth rate in Q1

  Chinese vendor Huawei reported revenues of CNY182.2 billion ($25.75 billion) in the first quarter of 2020, up only 1.4% year-on-year, the company said in a release. Huawei also said its net profit margin for the quarter was 7.3%, down from 8% in Q1 2019. In the...