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Swisscom switches on commercial 5G network

2019-04-17 11:08:00| Telecompaper Headlines

(Telecompaper) Ericsson and Swisscom have switched on what they say is the first large-scale commercial 5G network in Europe to support commercially available smartphones. The network went live in the first minute of 17 April, following Swisscom's securing of a commercial 5G licence. As all the other component parts were already in place, so the license meant the partners simply had to switch the network on.

Tags: network commercial switches swisscom


Ericsson returns to profit in Q1 as organic sales growth strengthens to 7%

2019-04-17 10:22:00| Telecompaper Headlines

(Telecompaper) Ericsson reported a further strengthening in sales growth in the first quarter, with revenues up 7 percent on an organic basis compared to 4 percent in the previous quarter, thanks to expansion in the North American market. The company returned to a net profit, of SEK 2.4 billion, versus a loss of SEK 0.7 billion in the year-earlier period. 

Tags: to sales returns growth


Intel to exit smartphone modem business

2019-04-17 08:54:00| Telecompaper Headlines

(Telecompaper) Intel announced plans to exit the smartphone modem business as it has been unable to turn a profit. The company said it will complete orders for its existing 4G products but will not release a 5G modem as earlier intended. The chipmaker is reviewing its business for modems in PCs and IoT devices and said it will continue to support the mobile network infrastructure business.

Tags: business intel exit modem


Qualcomm, Apple agree to settle legal disputes, start new licensing agreement

2019-04-17 08:37:00| Telecompaper Headlines

(Telecompaper) Qualcomm and Apple have agreed to put an end to their licensing dispute and sign a new deal. The settlement includes an unspecified payment from Apple to Qualcomm and an end to all their litigation, including with contracters. The companies also have reached a six-year licence agreement, effective from 01 April, including a two-year option to extend, and a multiyear chipset supply agreement.

Tags: start legal agreement agree


Netflix revenues up 22% in Q1 after record subscriber growth

2019-04-17 08:24:00| Telecompaper Headlines

(Telecompaper) Netflix reported revenues of USD 4.52 billion for the first quarter, showing a small slowdown in growth to 22.2 percent compared to 40.4 percent a year ago. The company added 9.60 million streaming subscribers in the quarter, a new record, for a total of 148 million at the end of March. 

Tags: record growth revenues subscriber


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