Alcatel-Lucent CEO Michel Combes will step down from his role on Sept. 1 as the vendor moves toward completing its deal with rival Nokia; the combined company is going to be led by Nokia CEO Rajeev Suri.
Nokia reported stronger sales overall in its core networking business and a strong increase in sales in North America. The company had its most profitable quarter overall since it sold its handset business to Microsoft in April 2014, according to Nokia CEO Rajeev Suri.
Alcatel-Lucent is moving ahead with its merger with Nokia, announcing that CEO Michel Combes will be leaving the company on Sept. 1.
Alcatel-Lucent CEO Michel Combes said that there is strong pressure in the industry to have "5G" network products ready as soon as possible.
Cisco continues to be the service providers' top-choice core/edge router and carrier Ethernet switch vendor, according to a new IHS Infonetics report.
Nokia's deal to acquire Alcatel-Lucent will give it a stronger position in wireless but also make it "very strong" in North America, said Nokia CEO Rajeev Suri during a fireside chat at the GSMA's Mobile World Congress Shanghai.
WDM vendors like Alcatel-Lucent, Ciena and Cisco will continue to see revenue benefits over the next four years as more service providers upgrade their metro networks, a segment that Dell'Oro says will grow at a 10 percent CAGR. Demand for metro WDM capacity will drive up the overall optical transport revenues to $15 billion by 2019.
How did the wireless industry perform in the second quarter of 2015? In this earnings summary, we list results from the wireless industry's carriers, handset makers, equipment suppliers and others.
Just as Huawei touted its contributions to the European 5G Public Private Partnership (5G-PPP) initiative, it announced a string of 4.5G and 5G-related achievements, including one in which it will deploy new services based on 4.5G for the Shanghai Disney Resort and China Unicom Shanghai.
mmMAGIC, one of the newest consortia to be co-funded by the European Commission's 5G PPP programme, said it plans to develop new technologies that can operate in frequency bands between 6 GHz and 100 GHz and accelerate the standardisation of millimeter wave technologies for 5G as part of a two-year research programme.