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Nokia appoints Joerg Erlemeier as COO

Nokia appointed Joerg Erlemeier as Chief Operating Officer (COO) and member of the Group Leadership Team, reporting to Nokia President CEO Rajeev Suri. He replaced Monika Maurer, who is leaving Nokia to pursue new opportunities outside the company. Erlemeier was most recently Senior Vice President, Nokia Transformation and has over 20 years of experience in […]

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ADTRAN trims Q4 outlook due to Tier 1 customer’s delayed plans

Citing a slowdown in spending by a U.S. carrier customer, ADTRAN trimmed its revenue and earnings estimates for the fourth quarter ending December 31, 2017. The company now expects revenue for the quarter is expected to be approximately $125 million. Non-GAAP earnings per share for the quarter are expected to be approximately $0.01. GAAP earnings […]

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Telecoms Market Update: Singapore

by James E. Carroll Singapore, which boasts the world’s highest mobile penetration rate at over 150% and which has been ranked as the most “Tech-Ready Nation” by the World Economic Forum, is often cited as a living laboratory for advanced communication services given the compact size of this city-state and its excellent overall infrastructure.   […]

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China’s BaishanCloud raises US$50m

BaishanCloud, a cloud data services company with offices and R&D centers in Beijing, Seattle, Shanghai, Shenzhen, Xiamen and Guian, raised $50 million in its Series C of private equity financing. Baishan’s cloud suite is comprised of cloud delivery, cloud storage, and cloud linkage services. The platform includes data transmission, data storage, data consumption, and data […]

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NodeSource secures $17.5M in new funding

NodeSource, a start-up based in San Francisco, raised $17.5 million in Series B funding, for its open source Node.js solutions for enterprises. The company’s flagship product, N|Solid, is a fully-compatible enhanced Node.js platform designed for mission-critical enterprise applications running server-side JavaScript at scale. Cited customers include Citadel, Comcast, Condé Nast, Delta Airlines, Goldman Sachs, Mastercard, […]

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Subsea

Xtera sues Nokia and NEC over subsea transmission patents

Xtera has filed legal proceedings against Nokia Corporation, including Alcatel-Lucent, and NEC Corporation citing infringement of its intellectual property in subsea telecommunications systems. Specifically, Xtera’s complaint with the U.S. International Trade Commission (“ITC”) alleges that Nokia and NEC “are using its technology illegally and without permission, and seeking to prevent the companies from importing and […]

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Orange Business to support ESA’s Copernicus data and information access service

Orange Business Services will deliver cloud connectivity services for the European Space Agency’s (ESA’s) Copernicus project, which will provide free and open access to near-real-time data, models and forecasts about our planet, harvested by a family of dedicated satellites and in-situ observations. Orange is part of the Airbus Consortium, one of the four groups of […]

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Ooma acquires Butterfleye for home security video system

Sunnyvale, California based Ooma, which offers a VoIP service for consumers and small businesses, has acquired Butterfleye, a start-up offering an AI-powered video camera and security platform. Financial terms were not disclosed. Butterfleye raised $1 million in an Indiegogo campaign in 2016 to launch its security camera. The wire-free Butterfleye camera is designed to detect […]

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Verizon picks Samsung as a supplier for Fixed 5G

Verizon has selected Samsung Electronics America as a supplier of commercial 5G Fixed Wireless Access (FWA) network solutions. Verizon will begin by launching commercial 5G services in Sacramento, California in the second half of 2018. Financial terms were not disclosed. Specifically, Samsung will provide Verizon with commercial 5G home routers (CPEs), 5G Radio Access Units […]

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Verizon tests FDD Massive MIMO with Ericsson, Qualcomm

Verizon, Ericsson and Qualcomm Technologies conducted the first FDD Massive MIMO trial with a fully compatible customer device in December. The test used the latest Ericsson Massive MIMO software and hardware on Verizon’s network, along with a mobile test device powered by the Qualcomm Snapdragon 845 Mobile Platform with X20 LTE using TM9 (Transmission Mode […]

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Brazil’s Oi advances its bankruptcy restructuring plan

Oi, the largest telecommunications company in Brazil and South America, announced a major advancement in its bankruptcy restructuring, as creditors voted to approve a plan that reduces debt by approximately 65 billion reais (US$20 billion). The restructuring is believed to be the largest in Latin America to date. The restructuring paves the way for a […]

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