Qualcomm's acquisition of NXP Semiconductors is set to receive European Union approval, according to Bloomberg sources, after the company said it would maintain licensing terms for NXP's Mifare technology, used in swipe cards for the London tube system. Qualcomm also said it would commit to ensure NXP chips remain interoperable.
US semiconductor firm Broadcom has proposed to acquire all of the outstanding shares of Qualcomm for per share consideration of $70 in cash - a transaction valued at $130 billion. The proposal was made on Nov. 6, and represents a 28 percent premium over the closing price of Qualcomm common stock on Nov. 2, the last unaffected trading day prior to media speculation of a potential transaction.
Vodafone has achieved the first 5G data connection in Italy. The 5G trials were conducted by Vodafone in partnership with Huawei, which made available a radio base station using Massive MIMO technology.
According to the latest regional appendix to the upcoming Ericsson Mobility Report, the first 5G subscriptions in the Middle East and North Africa region are expected during the period 2020 to 2022, reaching around 17 million subscriptions by 2023.
Ericsson's Board of Directors has appointed Fredrik Jejdling as Executive Vice President (EVP) of the company, effective November 7, 2017. This appointment is made in addition to his current role as Head of Business Area Networks and member of the Ericsson Executive Team.
Ericsson is renaming its Broadcast and Media Services business to Red Bee Media, effective from November 9, 2017. The Red Bee Media name and brand identity will apply to all of Ericsson’s Broadcast and Media Services businesses worldwide.
Huawei Marine announced it has commenced work on Desk Study and Marine Survey works in conjunction with key investor Tropic Science Co., Ltd. (Tropical Science) to construct the Pakistan East Africa Cable Express (PEACE) submarine cable, which connects South Asia with East Africa. With initial work underway, the project is targeted for completion in Q4, 2019.
US chipmaker Qualcomm has penned a $12 billion megadeal with three leading Chinese mobile manufacturers. The announcement was made against the backdrop of a state visit to Beijing by US President Donald Trump.
Nokia and Inria, a French national research institute dedicated to promoting 'scientific excellence in the service of technology transfer and society as a whole', announced the renewal of their joint lab for a four-year period. The announcement took place during an event celebrating the 50th anniversary of Inria with Marcus Weldon, Nokia CTO and Nokia Bell Labs President, and Antoine Petit, Inria CEO.
Mr. Giacomo Bruzzi, CTO at EOLO S.p.A., speaks about company's vision to become the first provider of ultra-broadband internet connectivity to rural residential subscribers in Italy by delivering 5G ready services in areas where fiber networks will not be deployed in the next years, using Intracom Telecom's WiBAS™-Connect solution.
