Ericsson boosted by margin growth as China 5G tensions mount October 21, 2020 Ericsson today reported better-than-expected earnings for the third quarter as higher margins and the rollout of 5G in China helped boost trading. Shares in the Swedish telecoms group were up more than seven per cent today as its strategy of improving profitability saw gross margins hit their highest level in 14 years. Adjusted revenue grew [...]
Huawei: ‘Clear evidence’ of collusion with Beijing, MPs warn October 8, 2020 There is “clear evidence of collusion” between Chinese tech giant Huawei and authorities in Beijing, top MPs have warned. In a report published today parliament’s defence committee claimed Huawei was “closely linked” to the Chinese state and the Communist Party. It also cited concerns about Huawei’s receipt of state subsidies and Chinese intelligence laws that [...]
5G rollout across Britain set to create 5,000 jobs October 5, 2020 Telecoms firms have pledged to create 5,000 new UK jobs through the rollout of 5G technology across Britain, marking a rare bright spot on the bleak jobs horizon during the pandemic. Liberty Global, which owns Virgin Media, and O2’s Spanish owner Telefonica, have announced plans to create 4,000 jobs and 1,000 apprenticeship roles in the [...]
Delays to 5G rollout to cost country tens of billions, report finds October 1, 2020 Delays to the rollout of 5G could cost the country tens of billions of pounds in lost economic output, a new report has found. According to the Centre for Policy Studies (CPS), steps to speed up the rollout could provide the UK GDP with an extra £41bn over the next seven years. However, if delays [...]
Tech testing firm Calnex plots £42m London listing as it cashes in on 5G September 21, 2020 Telecoms testing firm Calnex today said it is aiming to raise £22.5m through a London initial public offering (IPO) as it looks to capitalise on the rollout of 5G. The Scottish tech firm said the Aim listing, planned for early October, will value the company at £42m. Calnex specialises in test equipment for telecoms networks, [...]
UK mobile operators urge government to speed up mast reforms August 14, 2020 The UK’s mobile operators have called on the government to accelerate planned reforms to ensure rural coverage is improved and networks can handle higher demand for data. Mobile UK, the trade body that represents Vodafone, O2, EE and Three, called on ministers to urgently remove barriers to expanding 4G and 5G coverage. This included a [...]
HPE boss warns of Huawei cyberattacks June 11, 2020 Hewlett Packard Enterprise’s (HPE) managing director has warned of “data loss, privacy breaches and cyberattacks” if the government proceeds with Huawei technology in its 5G rollout. Speaking to City AM, Marc Waters said: “Securing the future of the UK’s mobile networks is a vital issue. Data loss, privacy breaches, and cyberattacks on individuals, organizations and [...]
Three’s ‘real’ 5G ad banned after mobile rivals file complaint March 25, 2020 An advert promoting Three’s 5G network has been banned after two rival mobile operators said the campaign was misleading. EE owner BT and Vodafone filed complaints to the advertising watchdog about the newspaper and social media ads, which claimed Three was the only provider to offer “real” 5G. Under advertising rules, a brand must be [...]
UK business lacks confidence over 5G despite rising investment February 26, 2020 Less than half of UK businesses are confident they can successfully implement 5G-based technology despite growing investment in the new mobile network, new research has revealed. Around 15 per cent of British companies are currently investing in 5G, with the figures set to rise to 70 per cent within three years, according to an EY [...]
America has few options to take on Huawei in a 5G fight February 25, 2020 Washington has long maintained that Huawei is a national security threat. It says the company is a risk because China could use its equipment to spy on citizens. Huawei has repeatedly denied those accusations. Under Donald Trump’s presidency, the US has sought to convince countries to ban Huawei outright from next-generation mobile networks known as [...]