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Ericssons Chinese woes laid bare in latest results

2021-10-19 02:00:00| Total Telecom industry news

Ever since Sweden banned Huawei and ZTE from its upcoming 5G networks back in October 2020, Ericsson’s future in China has been put under the microscope. Since then, the vendor’s market share in China has collapsed, with sales for Q3 2021 today revealed to have fallen 74% year-on-year to just $150.3 million. As a result of this continuous decline, Ericsson has now announced that it will be rethinking its approach to the Chinese market, likely including downsizing operations in the near future…read more on TotalTele.com »

Tags: results latest chinese laid

Momentum building to address ocean shipping woes

2021-09-17 18:01:00| National Hog Farmer

Ag groups call on Biden to take steps on port crisis and support growing for House bipartisan ocean reform bill.

Tags: address shipping building ocean

Is a telco consortium the answer to Italys single network woes?

2021-04-26 02:00:00| Total Telecom industry news

According to reports, members of the Italian governments are considering alternatives to the creation of a single national broadband network through the merger of Open Fiber and TIM’s fixed line network, including creating a consortium of national telecoms operators. The debate surrounding the proposed merger between TIM and Open Fiber has been raging for years, with TIM repeatedly arguing that it would not accept anything less than a controlling stake in any joint venture…read more on TotalTele.com »

Tags: single network answer consortium

Argentine Energy Giant YPF Sticks with $2.7 Billion Capex Plan Despite Debt Woes

2021-03-12 20:58:07| OGI

The investment represents a 73% increase versus 2020 when the firm suffered from the drop in international oil prices and lower demand due to the coronavirus pandemic.

Tags: plan energy debt billion