Ericsson said its second-quarter results will be hit by restructuring costs of around SEK2.5 billion (€271 million/$304 million) as the company continues to implement measures first announced in November 2014 to reduce costs and improve efficiency.
Nokia's HERE division published a specification designed to integrate information from a diverse range of automotive sensors via the cloud, in a move the unit said could improve road safety and ease congestion.
Nokia is still searching for a potential buyer for its HERE mapping and location business, as German car companies, Uber, Chinese search engine Baidu and perhaps even Apple and Facebook jockey with each other to get access to HERE's assets and technology.
The ITU has decided on the term it will use to refer to IMT-2020, and it is, appropriately enough, "IMT-2020," referencing the year in which most industry watchers expect 5G to commercially deploy.
Nokia bosses continued to court a consortium of German car makers over a sale of its HERE navigation business, as a deadline for bids reportedly passed.
Nokia CEO Rajeev Suri confirmed the rumors that have been swirling around the company for a few months, and said that next year the company will re-enter the mobile phone market by licensing its brands and designs.
GreenTouch says it has come up with new tools, technologies and architectures to improve the energy efficiency of communications networks for years to come, including new approaches that can boost energy efficiencies in mobile networks by more than 10,000 times.
Microsoft is reshuffling its leadership team, and devices chief Stephen Elop is leaving the company as part of the shakeup. Elop, a Microsoft executive who had been CEO of Nokia, returned to Microsoft when the software giant completed its acquisition of Nokia's handset business in April 2014.
Ericsson concluded after a review by its management that it can expand its business without pursuing a major deal, according to a senior executive at the vendor.
Alcatel-Lucent CEO Michel Combes will move to French telecom group Altice SA in July, according to a report from French magazine Challenges. The report, which did not cite its sources, said that billionaire Patrick Drahi, who owns Altice, is hiring Combes to take charge of Altice development in Europe starting in September.