Telecom Vendors

The Executive Council of Dubai and Huawei Consumer Business Group announced a partnership that will see it include Dubai Font on its mobile operating systems as one of its standard pre-loaded fonts. The font will be automatically available on the upcoming Huawei flagship smartphone starting with the Middle East and Africa later this year, and in the rest of the world as of next year. Designed to reflect the modernity and culture of innovation that exists within Dubai, the signing is the latest move in a series of steps that has seen it cement its position as a global cultural hub.

Nuage Networks, the Nokia venture focused on software-defined networks (SDN), is continuing its strong push in the software-defined wide area network (SD-WAN) market thanks to recent contracts with several of the world's largest service providers including BT, China Telecom, Telefonica, and Telia. TELUS announced that it has joined forces with Nuage Networks to launch TELUS Network as a Service (NaaS), an innovative new SD-WAN solution that enables businesses to virtually build, manage and cloud-optimize their networks quickly, easily and cost effectively through a flexible self-serve platform.

Statistics announced by Smart Dubai revealed that its DubaiPay portal for payment online and via smartphones registered a 15 percent increase in the amounts collected between June 1st 2016 and June 1st, 2017, and a surge of 13 percent in number of transactions carried out over the same period.

Ericsson is set to reduce more staff following the disclosure of its financial results for Q2 in 2017. The company has confirmed it will axe staff, although it didn't speculate how many jobs were at risk, in addition to this it will also reduce its real estate footprint as part of its efforts to make $1.2 billion in cuts.

Nokia reported an increase in profit for Q2 thanks to its patent deal with Apple and gains in market share, but it warned the network business could slow by more than expected this year.

NXN (formerly neXgen), a leading smart city consulting and digital service provider, announced that it has signed an original equipment manufacturer (OEM) agreement with SAP. Through this agreement, NXN integrates and provides a powerful combination to help governments and real estate developers across the region to build cities that are powered by innovative smart services.

Huawei reported a 15 percent jump in revenue for the first six months of 2017 compared to the same period last year. The Chinese vendor attributed the results to solid growth in its carrier, enterprise, and consumer businesses.

Huawei announced a partnership with digital money transfer service WorldRemit, making WorldRemit's international money transfer service available to all partners of Huawei's mobile money service platform across Africa. WorldRemit is a leading global provider of remittances, processing 74% of all international transfers to mobile money accounts coming from money transfer operators.

Qualcomm reported revenues of $5.4 billion for the three months to 25 June in 2017 and highlighted better than expected results in its semiconductor business. Due to Apple's ongoing licensing dispute with Qualcomm, the company's revenue was down 11 percent year on year, but CEO Steve Mollenkopf remains positive.

CommScope has agreed to acquire Cable Exchange, a privately held, quick-turn supplier of fiber optic and copper assemblies for data, voice and video communications.