Search Results for: Open RAN
Rakuten Symphony exec: “5G is a failure; breaking the bank; to the extent 6G may not be affordable”
In a Linkedin post, Rakuten Symphony CMO Geoff Hollingworth says 5G has been a failure, that it will never achieve ubiquitous coverage and it’s time for the mobile industry to invest in customers rather than networks: 5G is a failure. We build technology to deliver a promise, the promise made was commercial. If that promise… Read more
Huawei’s First-Half Net Profit Rose on Strong Smartphone Sales, Car Business
Huawei Technologies Co.’s revenue grew for the sixth straight quarter as its smartphones gained significant market share in China. Net profit climbed 18% in the first half of the year, thanks to strong smartphone sales and robust growth in its car business. Huawei reports a handful of unaudited financial figures throughout the year and releases… Read more
India’s TRAI releases Recommendations on use of Tera Hertz Spectrum for 6G
Telecom Regulatory Authority of India (TRAI) is urging the government and wireless network operators to explore the use of terahertz spectrum for new 6G technologies and services. “The government should introduce a new experimental authorization for the spectrum in the 95 GHz to 3 THz range termed as ‘Tera Hertz Experimental Authorization’ [THEA],” said a press release… Read more
China adds 20M “5G package” subscribers in July; 1H-2024 earnings gains outpace revenues for all 3 major China telcos
The number of 5G subscribers in China increased by a sizeable 20 million last month, according to new data from the country’s big three state owned network providers (China Mobile, China Telecom, China Unicom). Of the three, China Mobile is still the only one to report actual customers using its 5G network; China Telecom and… Read more
ZTE reports H1-2024 revenue of RMB 62.49 billion (+2.9% YoY) and net profit of RMB 5.73 billion (+4.8% YoY)
China’s ZTE reported a 2.9% rise in total revenue to RMB62.5 billion ($8.76 billion), with net profit attributable to holders of ordinary shares of the Hong Kong listed company at RMB 5.73 billion, up 4.8% year-over-year (YoY). The biggest growth surge was in the corporate and government unit, which boosted revenue by 56% to RMB9.2… Read more
KT and LG Electronics to cooperate on 6G technologies and standards, especially full-duplex communications
In a joint statement, KT (South Korea’s #2 mobile network operator) and LG Electronics will work together to promote 6G technology research and technology standardization. The two companies plan to develop full-duplex communication technology, global standardization cooperation (presumably in 3GPP and ITU-R WP5D for IMT-2030), and 6G application services and next-generation transmission technologies. The companies had… Read more
Cisco to lay off more than 4,000 as it shifts focus to AI and Cybersecurity
Reuters reports that Cisco Systems will cut thousands of jobs in its second round of layoffs this year. The number of people affected could be similar to or slightly higher than the 4,000 employees Cisco laid off in February, and will likely be announced as early as Wednesday with the company’s fourth-quarter results. The San… Read more
AI wave stimulates big tech spending and strong profits, but for how long?
Big tech companies have made it clear over the last week that they have no intention of slowing down their stunning levels of spending on artificial intelligence (AI), even though investors are getting worried that a big payoff is further down the line than most believe. In the last quarter, Apple, Amazon, Meta, Microsoft and… Read more
T-Mobile posts impressive wireless growth stats in 2Q-2024; fiber optic network acquisition binge to complement its FWA business
T-Mobile US today reported a 4% year-over-year YoY) increase in service revenues, to about $16.4 billion, for the recent second quarter. Total sales increased 3%, to almost $19.8 billion. The un-carrier’s profitability metrics were even better. Adjusted earnings (before interest, tax, depreciation and amortization) rose 9%, to nearly $8.1 billion. T-Mobile’s adjusted free cash flow… Read more
China’s mobile data consumption slumps; Apple’s market share shrinks-no longer among top 5 vendors
Mobile data demand is in a steep decline in China, the world’s largest 5G market by subscribers. China’s MIIT numbers released this week show per user data consumption (DOU) grew just 8.1% in the first half of the year. That compares to a 68% increase in 2019, the year that 5G licenses were issued. That fell… Read more