Microsoft suffered its worst quarterly loss in the second quarter thanks in large part to its $7.5 billion writedown of its purchase of Nokia's devices and services business. Yet Microsoft CEO Satya Nadella said the software firm remains committed to smartphones and the broader mobile market as it prepares to unveil Windows 10, its newest operating system. He said that Microsoft would in particular focus on being more efficient in the entry-level smartphone market.
Nokia has reached a deal to sell its HERE mapping and location technology unit to a group of German automakers for a little more than $2.71 billion (€2.5 billion), according to a Wall Street Journal report.
KT has joined forces with Nokia Networks to set up what it describes as Korea's first Internet of Things (IoT) lab in a bid to help the South Korea-based operator fulfil its goal of becoming "the number one player in Korea's IoT market".
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.
Sprint has said it plans to massively densify its network via its "Next Generation Network" (NGN) plan and has received approval from parent SoftBank to proceed on the plan. Yet without any visible movement on the plan in the last few weeks, analysts are questioning whether its momentum has stalled.
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.
Microsoft CEO Satya Nadella reaffirmed his commitment to the smartphone market and said that Microsoft has a broader view of its mobile strategy than just building phones itself. The comments, in an interview with ZDNet, come a week after the software giant said it would cut around 7,800 jobs, mostly from its phone business, and record an impairment charge of around $7.6 billion related to its purchase of Nokia's devices and services business.
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.
Nokia's HERE mapping and location services business began a push to create a global standard for contactless transport ticketing payments using Near Field Communications (NFC)-enabled mobile phones.