Ericsson reported third-quarter sales that beat analysts' expectations, but falling revenue in the North American market cast concerns over the vendor's forthcoming fourth-quarter results. North America is the company's largest region by revenue and carrier spending in the market has traditionally been a growth driver for Ericsson--but that could be starting to shift.
Ericsson revealed the UK and Germany were the only bright spots in its European sales in the third quarter, as it announced a 13 per cent drop in overall net income compared to the same period in 2013.
With many parties weighing in on the 5G debate, 4G Americas has decided to throw its hat into the ring with the release of a white paper that makes recommendations on how operators in the Americas should deploy 5G.
Nokia reported growing sales in the third quarter, thanks in part to booming business in its Network unit, which was driven by a strong performance in North America. The company reported its first year-over-year growth in quarterly revenue since the first quarter of 2011.
Verizon Wireless added more postpaid subscribers in the third quarter than financial analysts had expected, and the growth was again largely driven by tablet activations, not phones. Just as it did in the second quarter, in the third quarter Verizon relied heavily on tablet activations for the vast majority of its subscriber additions.
TeliaSonera enjoyed what analysts at Jefferies called a "solid" third calendar quarter on the back of improvements to its Swedish and Finnish operators, despite a near 13 per cent fall in net income year-on-year.
While standards around what "5G" network technology is are being contemplated, Huawei is thinking ahead to an interim evolution, which it calls "4.5G" and plans to launch commercially in 2016. According to Huawei, such 4.5 G networks will support latency rates of around 10 milliseconds, peak downlink speeds of around 6 Gbps, and the ability to support 100,000 connections within a single square kilometer.
Chipset giant Intel reported just $1 million in revenue in its mobile and wireless business in the third quarter, thanks in large part to the subsidies it is paying tablet makers to include its silicon in their products. However, Intel executives indicated better days are ahead for the mobile business as the company works to move into lower-cost smartphones starting later this year. Meanwhile, Intel announced a deal with AT&T Mobility and Asustek for AT&T to launch an Intel-powered smartphone.
Worldwide mobile phone shipments are set to increase by 6 per cent this year to reach 1.94 billion units, of which 1.28 billion will be smartphones. By 2018, total shipments will amount to 2.29 billion units, of which 1.90 billion will be smartphones.
Smartphones are the main driver of growth in the LTE market and now account for 47 per cent of all LTE device types, according to latest figures from the Global mobile Suppliers Association (GSA).