Nokia today announced a leadership transition. Nokia’s President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has appointed Justin Hotard as the next President and Chief Executive Officer of Nokia. He will start in his new role on 1 April, 2025.
Telecom Vendors
Ericsson and Nigerian Government Partner to Drive 5G Innovation and Digital Transformation
Ericsson's Nigerian unit has signed a memorandum of understanding (MoU) with the Nigerian government to establish a cooperative framework for the development, deployment, and innovation of 5G technology.
Ericsson Appoints Majda Lahlou Kassi as VP for West and Southern Africa
Ericsson has appointed Majda Lahlou Kassi as Vice President and Head of Customer Unit West & Southern Africa within its Middle East and Africa division.
Nokia Unveils Q3 2024 Interim Report
Nokia, a global leader in technological innovation, has revealed a 22% increase in net profit, amounting to EUR 358 million (USD 389 million) amid its 8% sales decline, according to its Q3 Interim Report for 2024.
Ericsson's Report: Sub-Saharan Africa’s Mobile Subscriptions to Reach 1.2B by 2030
The November 2024 edition of the Ericsson Mobility Report projects that total mobile subscriptions in Sub-Saharan Africa will grow at an annual rate of 4%, increasing from 950 million in 2023 to 1.2 billion by 2030.
Ericsson's Q3 Results Showcase Significant Margin Expansion and Key Strategic Alliances
Ericsson’s Q3 2024 report showcases major advancements in strategic and operational priorities, including growth in programmable networks and mobile network contract wins across multiple markets. A notable development was the establishment of a joint venture with leading mobile network operators to secure a global supply of Network APIs. Additionally, Ericsson signed further 5G patent licensing agreements, with projected intellectual property rights (IPR) revenues expected to reach at least SEK 13 billion in 2024.
Ericsson Mobility Report: 5G Expansion and 6G Projections Through 2030
5G Standalone (5G SA) and 5G Advanced are expected to be key focuses for communications service providers (CSPs) for the remainder of the decade as they introduce new capabilities to create offerings centered on value delivery over data volume. The analysis is included among a wealth of statistical network insights in the November 2024 edition of the Ericsson Mobility Report, which extends the forecast period to the end of 2030.
Huawei Egypt Debuts World's First 25 Gbps E-Band Microwave Link
Huawei Egypt, in collaboration with Vodafone Egypt, is excited to announce the successful deployment of the world’s first commercial 25 Gbps microwave link in the E-band spectrum. This pioneering achievement demonstrates Huawei's commitment to advancing next-generation network solutions and highlights Egypt's leadership in innovative telecom technologies across the Middle East and Africa.
Nokia Launches Regional Innovation Center in Morocco to Support EMEA Customers
Nokia announced the opening of its Innovation Center in Salé, Morocco, officiated by Ghita Mezzour, Minister of Digital Transition and Administration Reform.
Nokia Report: Generative AI, Automation Intensify Telco Cyberattacks
Nokia recently released its tenth Threat Intelligence Report, revealing a significant rise in cyberattacks directed towards telecommunication infrastructures.