Apple share value continues to drop; Ericsson updates T-Mobile Czech Republic intelligent network

Wireless news from around the web

> Telecom Egypt's net profit increased almost 116 per cent to EGP1.2 billion (€119 million/$135 million) in the first quarter of 2016. Reuters article

> Apple's shares declined by at least $75 billion (€65.8 billion) since it revealed a dip in iPhone shipments in its earnings statement in late April. Bloomberg report

> Sergio Marchionne, CEO of Fiat Chrysler Automobiles, said a recent deal with Google parent Alphabet could be the tip of the iceberg for the auto maker's autonomous vehicle plans. Wall Street Journal report

> T-Mobile Czech Republic selected Ericsson as the prime vendor and systems integrator for the consolidation and modernisation of its charging and intelligent network systems. Ericsson announcement

> Andorra Telecom consolidated its pre- and post-pay billing platforms using Netcracker BSS products. Netcracker announcement

And finally…Teachers say young children are better at swiping smartphones than talking. Telegraph article

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