Telecom news

• Huawei attempts to steal thunder from Samsung’s foldable efforts

  27-07-2018 12:38
  Samsung is attempting to wow the world with the first foldable smartphone, however Huawei is seemingly trying to sneak in front of the Korean’s with its own launch in early 2019.
  According to Nikkei sources, Huawei is planning to use an organic lighting-emitting diode display manufactured by Chinese panel supplier BOE Technology Group to beat Samsung to the punch. The first batch of shipments would be pretty small, though that doesn’t seem to be the point. Huawei seems to be striding
  
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• Still no news on CEO, but BT results show promise

  27-07-2018 11:53
  We’re still no closer to finding out who will be leading the BT business into the era of 5G, but investors seem happy with the first quarter performance as share price creeps up 3%.
  Total revenues for the quarter stood at $5.7 billion, down 2% compared to the same period in 2017, though the consumer business saw growth. The consumer unit, led by former EE CEO Marc Allera, was up 2% with the enterprise business unit and regulation enforced price reductions wiping out the positive steps forw
  
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• AWS continues to fuel profits at parent company

  27-07-2018 10:50
  Amazon has released the results for the first half of 2018, with cloud business unit AWS accounting for just over 61% of the total operating income.
  Sales across the group stood at $103.9 billion, while AWS accounted for $11.5 billion, with an impressive $6.1 billion coming in the second quarter, beating market expectations. Net income was reported at $4.1 billion for the half, and $2.5 billion for the quarter. This is now the third consecutive quarter the business has reported more than $1+ bil
  
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• BT blames consultant for £500m pension mistake

  27-07-2018 08:55
  Willis Towers Watson reworks numbers after identifying errors in its calculations
  
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• O2 invites the UK's FTSE100 firms to help build 5G business use cases

  27-07-2018 02:00
  O2's chief exec Mark Evans has written to the CEOs of the UK's FTSE100 companies, inviting them to help develop a series of business use cases for 5G. &nbsp…read more on TotalTele.com »
  
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• Huawei calls for increased focus on academia as it recognises the 'father of 5G Polar Codes'

  27-07-2018 02:00
  International tech giant, Huawei, has recognised the work of Dr Erdal Arikan, the inventor of Polar Codes for 5G, for his exceptional contribution to the field. Huawei also honoured more than 100 other scientists and industry pioneers in the field of basic research and exploration…read more on TotalTele.com »
  
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• Globe to deliver 5G in the Philippines by H2 2019

  27-07-2018 02:00
  Filipino telco Globe says that it is on course to rollout 5G mobile network services in the country by the end of the second quarter of 2019.According to a company release, Globe has taken a number of meetings with Huawei in Shanghai this week to discuss strategies for rolling out the next generation networks in the Southeast Asian nation…read more on TotalTele.com »
  
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• Ericsson appoints new SVP for Digital Services

  27-07-2018 02:00
  Swedish kit manufacturer Ericsson has named Jan Karlsson as its new senior vice president for Digital Services, according to a company announcement…read more on TotalTele.com »
  
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• BT doubles down on convergence as revenues slip

  27-07-2018 02:00
  BT reported a 2 per cent drop in revenues for this quarter as the UK's former incumbent operator emerges from a difficult few months. Over the last few months, BT has faced a shareholder backlash that led to the resignation of long serving CEO Gavin Patterson, as the company's share price continued its 2-year nose dive to hit £2.0325 per share on the 18th May (down from a high of &pound…read more on TotalTele.com »
  
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