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Ericsson sees faster 5G take-up in 2020, 2.8 bln subscribers by 2025

2020-06-16 17:13:00| Telecompaper Headlines

(Telecompaper) Ericsson has updated its forecast for 5G subscribers this year in its latest Mobility Report. The company now expects 190 million 5G customers by year-end, thanks to faster-than-expected take-up in China. This will offset slightly slower 5G growth in other parts of the world due to the coronavirus pandemic. 

Tags: by faster ericsson sees

 

App Store ecosystem generated USD 519 bln in billings and sales in 2019

2020-06-16 09:13:00| Telecompaper Headlines

(Telecompaper) Apple said that its App Store ecosystem supported USD 519 billion in billings and sales last year. The figures come a study conducted by independent economists at Analysis Group. Of the total, 85 percent went to third-party developers and businesses, with no commission for Apple. The highest value categories were mobile commerce (m-commerce) app, digital goods and services apps, and in-app advertising.

Tags: in sales store generated

 
 

FCC approves rules for USD 16 bln rural broadband subsidies award

2020-06-10 09:06:00| Telecompaper Headlines

(Telecompaper) The FCC has adopted the rules for its next major round of rural broadband subsidies. Phase I of the Rural Digital Opportunity Fund will award up to USD 16 billion over 10 years for the deployment of fixed broadband networks to millions of unserved homes and businesses across rural America. 

Tags: rules award usd rural

 

Telefonica Deutschland sells mobile infrastructure to Telxius for EUR 1.5 bln

2020-06-09 09:36:00| Telecompaper Headlines

(Telecompaper) Telefonica Deutschland said it has finalised a deal to sell its passive infrastructure of around 10,100 mobile sites to Telxius for EUR 1.5 billion. The assets include 10,000 rooftop sites and up to 80 tower sites, while the active radio technology remains in the hands of Telefonica Deutschland and will continue to be used to operate the mobile network. 

Tags: mobile eur deutschland infrastructure

 

Ericsson announces SEK 1 bln write-down for 5G inventory in China in Q2

2020-06-08 09:32:00| Telecompaper Headlines

(Telecompaper) Ericsson said it will write down approximately SEK 1 billion worth of pre-commercial product inventory for the Chinese markets in the second quarter. This will be reported under the Networks segment and will affect the gross margin. The vendor still maintains its financial targets for 2020 and 2022.

Tags: in china inventory ericsson

 

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