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%.

Telecom Vendors
Amdocs’ First UAE Office Opens, Base for Gulf Operations
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 Engages on Europe's First DOCSIS 4.0 Initiative
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’s New Inventions Will Put Middle East at the Forefront of Innovation
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 Shares Q2 2022 Position
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 Showcases Three New IP Networking Solutions
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.
Nokia Leads Germany’s 6G Research and Standardization
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.
Nokia Cloud Native Communication Suite Answers Customer Needs
The new Nokia Cloud Native Communication Suite (CNCS) is a simplified, IMS-based product intended to help communication service providers (CSPs) simplify their network operations, increase operational agility, and decrease the cost of managing their network.
5G to Exceed One Billion Subscriptions in 2022
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.
Qualcomm Reveals Powerline Communication Device for Electric Vehicles
In continued efforts to support the growing electric vehicle (EV) segment, Qualcomm Technologies, Inc. announced a next-generation powerline communication (PLC) device, the QCA7006AQ, designed to address the needs for electric vehicle (EV) charging station communications – also known as electric vehicle supply equipment (EVSE) – that use global Combined Charging System (CCS). The PLC device is based on Qualcomm Technologies’ market proven QCA700X family of products, which have been widely adopted in EV on-board charging units and charging stations across the globe. The QCA7006AQ is compliant with the Home Plug Green PHY (HPGP) specification, which is the leading specification for implementing Vehicle-to-Grid (V2G) systems.