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China plans to open 5G marketing in October

China is planning to launch the commercial use of the 5G service on October 1, on occasion of the 70th anniversary of the People’s Republic, local press reported on Friday, quoting official sources.
A picture taken on February 4, 2019 shows the Huawei logo displayed on a tablet in Paris. – A government amendment to establish a pre-authorization for the operation of telecom networks, with a view to deploy 5G, received on February 4, 2019 an “unfavorable opinion” from the special commission charged with examining the draft law Pact. (Photo by Lionel BONAVENTURE / AFP)

Huawei racks up 5G deals at top mobile fair despite US pressure

Chinese telecoms giant Huawei racked up a slew of deals to sell 5G equipment at the world’s top mobile fair in Spain despite Washington’s campaign to convince its allies bar the firm from their next-generation wireless networks.
This photo illustration shows a logo of Chinese telecoms giant Huawei at a shopping mall in Kuala Lumpur on February 13, 2019. (Photo by Mohd RASFAN - AFP)

Huawei: US has ‘no evidence’ of 5G spying allegations

Huawei’s chairman said Tuesday that the United States has “no evidence” that its equipment to build next-generation 5G wireless networks could be used as a vehicle for Chinese spy operations.
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Ericsson releases 10 consumer trends for 2019

Ericsson, on Wednesday released the eighth edition of its ConsumerLab trend report, highlighting 10 hot consumer trends for 2019, representing predictions of 34 million early technology adopters.

Nigeria ranks fourth among countries with highest net mobile subscriptions

A multinational networking and Telecommunications company, Ericsson, on Friday said that Nigeria ranked fourth among the top five countries with the highest net addition of mobile subscriptions in the first quarter of 2018.

ZTE ceases main business operations after US ban

ZTE Corp’s main business operations have ceased due to a ban imposed by the U.S. government, but China’s second biggest telecom equipment maker is trying to have the ban modified or reversed, it said on Wednesday.

Donald Trumps blocks Broadcom takeover of Qualcom over China fears

U.S. President Donald Trump on Monday blocked microchip maker Broadcom Ltd’s proposed takeover of Qualcomm Inc over fears of Chinese dominance of 5G mobile communications.

Swedish companies slam deportations of skilled workers

The heads of Sweden’s largest companies, including clothing giant H&M and telecoms maker Ericsson, denounced Friday deportations of highly-skilled workers as the nation’s technology sector suffers a shortage of staff.

Nokia widens losses in 2017

Nokia said Thursday that its net loss widened in 2017, but that underlying profits improved, enabling the Finnish mobile phone maker to raise its forecasts for the coming years as operators prepare to roll out new lightning-fast 5G technology.

Ericsson to write down $1.8bn in fourth quarter

Swedish telecoms equipment maker Ericsson on Tuesday said it would write down 14.2 billion kronor (1.4 billion euros, $1.8bn) in assets as the troubled company struggles to compete in a rapidly changing sector.

Sub-Saharan Africa mobile telephone subscriptions to hit 990m by 2023

Network solutions provider, Ericsson, said on Friday that that mobile telephone subscriptions in sub-Saharan Africa would increase to 990 million by 2023.

Dangote Group, Helios Towers in early lead in 9mobile bid

The race to acquire 9mobile, Nigeria’s fourth largest telecoms network operator, is taking a new dimension, as Dangote Group and Helios Towers are already emerging as the top two contenders among the 16 local and international companies bidding to acquire it.

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Central Bank of Nigeria - CBN

Central bank to limit banks’ appetite for govt securities

The Central Bank of Nigeria, CBN, yesterday, said it would soon announce measures to limit the excessive appetite of banks for government securities.

Suspected bandits kill five vigilante members in Katsina

The police in Katsina State have confirmed that five persons who were members of the local vigilante were killed by bandits in Faskari Local Government Area on Tuesday.
The Chief Executive Officer, Forte Oil Plc, Femi Otedola, paid a courtesy visit to Christain Chukwu who is recuperating at the Wellington Hospital, Circus London.

Femi Otedola pays Christian Chukwu visit at London hospital

The Chief Executive Officer, Forte Oil Plc, Femi Otedola, paid a courtesy visit to Christain Chukwu who is recuperating at the Wellington Hospital, Circus London.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

EFCC quizzes Kwara government, state assembly officials over suspicious payments

The Economic and Financial Crimes Commission, EFCC, Ilorin Zonal Office has commenced investigations into the alleged illegal payment of about N400 million to some members of the Kwara State House of Assembly and the State Executive Council members before the expiration of their tenures.
Nigeria’s President, Muhammadu Buhari returned from Saudi Arabia last night where he had gone for the Lesser Hajj. 3

In Pictures: President Buhari returns from Saudi Arabia

Nigeria’s President Muhammadu Buhari returned from Saudi Arabia last night where he had gone for the Lesser Hajj.