Samsung Electronics is considering selling its wireless networks unit, according to a Light Reading report, which cites unnamed industry sources.
Evercore ISI analysts said in a report that if AT&T winds up spending $9 billion on wireless network capital expenditures in 2015, that would represent a 20.9 percent year-over-year reduction in spending, "far worse than our initial expectations after T announced a reduced capex outlook roughly a year ago."
Nokia CEO Rajeev Suri said Ericsson and Cisco's partnership to resell each other's products and services and jointly develop new ones means that Nokia was right to purchase rival Alcatel-Lucent for $16.6 billion (€15.6 billion). Nokia also commenced its formal share offer to buy Alcatel-Lucent's outstanding shares and drive the merger toward completion early next year.
Sprint is rebranding part of its LTE network and said that it has now deployed carrier aggregation and beamforming technology in 77 "major" markets across the country, in what it calls an "LTE Plus" deployment. The carrier will continue using LTE Advanced techniques to make its network faster and more robust, according to Sprint CTO John Saw.
Ericsson expects average smartphone data usage in North America to grow nearly six-fold in the next six years, jumping from 3.8 GB per month in 2015 to 22 GB per month by the end of 2021. That growth will be driven by an increasing usage of streaming video as well as the advent of 5G networks. There will be 150 million 5G subscriptions globally by the end of 2021, according to a new report from the Swedish network vendor.
Verizon and American Tower executives highlighted the challenges to installing small cells and Distributed Antenna Systems, especially in urban markets and inside buildings, even as they acknowledged that such installations will be key to their businesses going forward.
There will be convergence between fixed broadband and wireless in the United States, and T-Mobile US could be a part of that but will have multiple options as that occurs, according to a senior executive at the carrier.
Nokia said Ricky Corker will become the head of its North American business following the close of its $16.8 billion deal to buy rival Alcatel-Lucent. Corker, a Nokia veteran with more than 10 years of experience at the company, currently serves as executive vice president for North America and chairman of SAC Wireless at Nokia Networks.
Ericsson and Cisco's partnership to resell each other's products and services and jointly develop new ones could generate well more than the $1 billion each in revenue by 2018 that the vendors have projected, according to senior executives at the firms. Meanwhile, John Chambers, Cisco's executive chairman and former CEO, indicated that he thinks Nokia's deal to acquire Alcatel-Lucent is likely to fail, something Nokia dismissed.
Ericsson cut its outlook for how much the network equipment will grow over the next few years, but still said it aimed to grow faster than the market. The company also thinks it will be aided by a new partnership it unveiled yesterday with Cisco to integrate existing gear, combine some sales and consulting efforts potentially jointly develop new hardware and services.