Ericsson has entered into a three-year Deferred Prosecution Agreement (DPA) with the U.S. Department of Justice (DOJ) to resolve criminal charges related to violations of the FCPA.  This relates to accounting violations of the FCPA in five countries including in Djibouti where there is also a charge of bribery. In the agreement, the DOJ agrees to defer the prosecution of those charges and to have them dismissed at the end of the term in exchange for Ericsson complying with the conditions of the DPA. Conditions include a payment by Ericsson of a fine of USD 520,650,432. As part of the resolution with the DOJ, Ericsson's Egyptian subsidiary has entered a guilty plea to the bribery charge in Djibouti.

Read more: Ericsson agrees to 1 Billion dollar settlement of corruption charges

Nokia and Innventure, which commercializes innovative technologies, have established a relationship designed to accelerate commercialization of disruptive Nokia Bell Labs satellite communications technology and intellectual property in areas beyond Nokia core businesses. The collaboration with Innventure will be led by Nokia Technologies, the company's licensing arm.

Read more: Nokia partners with Innventure to innovate and scale disruptive technologies

du and Batelco have launched a joint venture, “Arc”, with a mission to simplify intra-regional connectivity in the Middle East, providing interconnected data centre solutions for carrier, cloud and content providers and major enterprise companies.

Read more: du and Batelco unveil new solution to simplify intra-regional connectivity

Nokia delivered a solid third quarter, with positive free cash flow, widespread sales growth, solid operating margin, strong performances in Nokia Enterprise, Nokia Software and IP Routing and good progress towards meeting their 2019 cost reduction goals.

Read more: Nokia Corporation releases Q3 2019 financial results, highlighting dedication to 5G development

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