Nokia reported a solid increase in profits in 2021 and issued a confident outlook for the coming years as sales rose despite supply problems. "I would like to call it a transformational year," CEO Pekka Lundmark commented after the group posted a net profit of 1.6 billion euros ($1.8 billion), driven by a 1.6 % increase in sales to 22.2 billion euros.
The international alliance focused on automation of telecom towers has a new partner: Ubiik. The advanced metering infrastructure innovator is the latest member of the Tower Automation Alliance (TAA), set to collaborate on energy monitoring projects for telecom towers.
Ericsson and Mobily have signed a memorandum of understanding (MoU) to expand the cutting-edge 5G use cases for use in different industries in Kingdom of Saudi Arabia.
Two teams from the Middle East are among ten finalists in Huawei's inaugural Tech4Good Global competition 2022. Tech4Good is a key part of Huawei's flagship CSR program, Seeds for the Future 2021, an initiative that aims to help cultivate young talent, equipping them with the skills and mindsets needed to be competitive in the workplaces of the future.
The Rosenberger Group announced the spinoff of its antenna and coverage solution product portfolio with a new brand entity, PROSE. The strategic focus of PROSE will be towards the development of base station antennas, microwave antennas, indoor and outdoor coverage solutions, Open RAN sub-systems, and related services.
Ericsson shared their fourth quarter and full-year highlights, showing a good Q4 and robust financial performance in 2021. The Swedish telecoms giant net profit soared in 2021, with a better-than-expected performance in the fourth quarter.
Ericsson will be exhibiting groundbreaking innovations in cellular technology during LEAP 22, taking place in the Riyadh Front Expo Centre from February 1 to February 3, 2022.
Sharing its vision for the 6G era, Nokia fosters the idea that 6G will meet the expectation of the rising demand and strain on the network that requires a new, highly agile, and cognitive architecture. Adhering to the spirit of “six” for 6G, Nokia Bell Labs has identified potential innovations.
Corning Incorporated launched a new glass composition to advance the development of augmented and mixed reality (AR/MR) diffractive waveguides for wearable devices. Optical advancements inherent in the glass take the augmented reality experience to the next level through larger, clearer digital content that creates more engaging and immersive user experiences.
Ericsson’s full suite of end-to-end BSS solutions will help Zain Kuwait realize its digital transformation goals and drive 5G innovations in the region.
