At the Huawei Cloud Summit Middle East 2020 held online today, Huawei executives shed light on the company’s CLOUD strategy, the value of data released in the digital economy, and its role in contributing to the region’s ongoing digitization efforts. The virtual summit was attended by customers, partners, industry experts, and thought leaders from across the Middle East region.
Nokia announced that it has been selected by Finnish Shared Network Ltd (SYV) – a joint operation by DNA Oyj and Telia Finland Oyj – as a supplier of 5G radio network equipment including deployment and managed services.
During this year’s GITEX Technology Week 2020, Huawei has announced that it will be collaborating with partners from around the world to showcase how public and private enterprises in the Middle East can create greater value through synergy across five tech domains.
Huawei announced its business results for the first three quarters of 2020. During this period, Huawei generated CNY671.3 billion in revenue, an increase of 9.9% over the same period last year. The company's net profit margin in this period was 8.0%. Throughout the first three quarters of 2020, Huawei's business results basically met expectations.
Nokia has announced that its IP routing technology has been selected for Informatics and Telecommunications Public Company (ITPC) – one of the companies of Iraq’s Ministry of Communication (MoC) – to serve as the main backbone of the country's internet infrastructure.
Cyberattacks on internet-connected devices continue to rise at an alarming rate due to poor security protections and cybercriminals use of automated tools to exploit these vulnerabilities, according to the latest Nokia Threat Intelligence Report.
Open RAN vendor Mavenir cited ‘market volatility’ as it dropped a planned initial public offering (IPO) in the US, but indicated it may reconsider the move in the future.
With digital technologies becoming the building blocks of the Middle East’s intelligent society—and increasingly important during the COVID-19 pandemic and post-pandemic recovery—Huawei is once again running its flagship annual Middle East ICT Competition to prepare the next generation of leaders for an intelligent world. The initiative supports socio-economic development by bolstering the overall ICT ecosystem through nurturing local talent; individuals who will be their nations’ assets for achieving national development plans and ambitious visions for more sustainable knowledge-based economies.
On his first results day since taking the reins of the Finnish networks giant in August, Pekka Lundmark, CEO and president of Nokia promised to do “whatever it takes” to become the 5G market leader and announced a move to a more focused approach as the company vies for 5G market share against competitors Ericsson and Huawei.
CommScope announced that it has acquired the complete patent portfolio for virtual radio access networks (vRAN) from Phluido, a pioneer in RAN virtualization and disaggregation. These patents address key concepts introduced in both 5G and O-RAN radio access networks, including efficient fronthaul transport, virtualization, and network synchronization.