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Nokia will cut up to 10,000 more jobs after Huawei gains 16,000

Under Rajeev Suri, its last boss, Nokia was always a bit cagey about discussing job cuts. Analysts and reporters had to wait until the publication of the Finnish vendors annual reports to see the workforce damage caused by restructuring. Pekka Lundmark, Suris successor, is not for hiding the ugly truth. In the full spirit of transparency, Nokia today revealed that between 5,000 and 10,000 jobs will disappear from its books over the next 18 to 24 months. That would leave Nokia with between 80,0...
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Xiaomi shares up after court suspends Trump-era investment ban

Xiaomi enjoyed a sharp rise in its share price on Monday after a US court temporarily blocked the Department of Defense from forcing American investors to divest from the China-based smartphone manufacturer. It followed President Trumps decision on January 14, just days before he left office, to add Xiaomi to a list of "Communist Chinese Military Companies" under the 1999 National Defense Authorization Acts Section 1237. Fear and sadness: Trump is gone – and so is the ban on investing in Xiao...
United States District Of Columbia White House Rudolph Contreras Lloyd Austin Department Of Defense Department Of Defense

Greentech Media Bids Farewell

* * * Greentech Media closes its doors this week. But the energy transformation it’s been chronicling for the past 14 years is just getting started.  Since its 2007 founding, this site you’re on now grew from a slim-staffed startup with a flair for incisive coverage of the then-fledgling solar, smart grid and energy storage industries, to the news arm of a global energy industry research and analysis firm.  Over the course of more than 18,000 articles and countless comments-section conver...
Silver Spring United States San Francisco Bay Comunidad Autonoma De Cataluna San Francisco Scott Clavenna

BT becomes first big telco to pull out of MWC21

The UKs BT has become the first Tier 1 service provider to confirm it will not be attending this years Mobile World Congress because of enduring concerns about the COVID-19 virus that have already prompted Ericsson and Nokia, two of the shows biggest exhibitors, to withdraw. Confirmation that BT will participate digitally but not in person at this years event, delayed to June from its usual slot in late February, came directly from a BT spokesperson. "After careful consideration, BT has decid...
United Kingdom Comunidad Autonoma De Cataluna Danielle Royston John Hoffman World Congress Barcelona Deutsche Telekom

Amid 5G push, Verizon supercharges 4G network

Verizon has been relentlessly advertising the speeds and capabilities of its 5G network for several years now. Its "5G built right," according to Verizon. But new research indicates the operator is in the process of upgrading its 4G network with CBRS spectrum to support dramatically faster speeds than those available on its 5G Nationwide network. Now, new testing shows just how impactful Verizons strategy has been. According to a new report released Thursday by network-testing firm RootMetrics,...
New York United States Mike Dano Light Reading Ultra Wideband Editorial Director

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Gearing up for 5G in Philippines | Light Reading

Gearing up for 5G in Philippines 3/11/2021 Philippines Globe STA Ashish Pilani will introduce their 5G strategy, fast deployment in both RAN and Core parts to enhance customer experience in the Philippines telecom market. And he will also share some Globe 5G use cases and Globes contribution during the pandemic. Key points covered in this video include: 1. Globes contribution during 2020s pandemic period 2. Globes strategy in the rapid rollout of 5G 3. Globes strategy in 5G core net...
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