Huawei has announced its business results for the first quarter of 2019. In Q1 of this year, Huawei generated CNY179.7 billion in revenue, an increase of 39% year-on-year. The company's net profit margin in Q1 2019 was about 8%, slightly higher than the same period last year.
Ericsson organized a live 5G demonstration at Maroc Telecom headquarters in Rabat, Morocco showcasing the capabilities of the next-generation mobile technology.
PCCW Global, the international operating division of HKT, Hong Kong’s premier telecommunications service provider, and Kenyan technology service provider TESPOK have signed a Memorandum of Understanding to provide Africa’s first mobile data roaming exchange point, an IPX based networking infrastructure that will keep roaming data on the continent while dramatically improving user experience, gaining network efficiencies, decreasing costs, and reducing loads on international cable infrastructure.
Huawei, the world’s largest telecommunications equipment maker, pleaded not guilty to violations of US sanctions against Iran before a federal judge in Brooklyn at a hearing from which CFO Meng Wanzhou was absent for being in Canada.
Foxconn boss Terry Gou hinted he would soon step back from frontline operations while remaining at the helm of the major Apple supplier. The firm said its billionaire founder would not be relinquishing his role as chairman, rebutting earlier media reports.
Ericsson has announced that Rafiah Ibrahim will leave her position as Senior Vice President and Head of Market Area Middle East & Africa and will take on a role as advisor to CEO Börje Ekholm.
Bouygues Telecom Entreprises is constantly on the hunt for innovations to boost the digital growth of companies. This is why it announced recently the signing of a strategic partnership with the SD-WAN benchmark player, Versa Networks. Thanks to the technological contribution of this pure player, Bouygues Telecom Entreprises will be in a position to propose a simple, powerful and innovative solution to companies looking for centralized and secure control of their own networks.
Huawei and MTN signed a business innovation agreement to extend their seventeen-year relationship.
PCCW Global, the international operating division of HKT, Hong Kong’s premier telecommunications service provider, has completed a major Internet infrastructure upgrade in Mozambique.
Egypt will host Chinese telecom company Huawei's first cloud data platform in the Middle East and North Africa, Egypt's telecom ministry said in a statement.