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March 04, 2020
Incoming Nokia boss Pekka Lundmark has a challenging task ahead of him when he takes the reins of the struggling Finnish telecom equipment maker in September: catch up and win the global 5G race. Nokia NOK, +1.85%, which on Monday announced the resignation of chief executive Rajeev Suri, is facing intense competition and rising costs in a battle to get its 5G networks up and running. Lundmark has been chosen as the CEO to turn the company’s fortunes around, a move that has drawn praise fro...
July 23, 2020
As the U.S. Department of Defense moves forward with exploration of the role that 5G will play in its future, Verizon announced this week that it is lighting up 5G service at the Marine Corps Air Station in Miramar, California.MCAS Miramar is home to 15,000 service members, the 3rd Marine Air Wing and the F35-C aircraft. According to Verizon, the 5G service at MCAS Miramar will provide a “living lab” for military and defense use of the technology, including autonomous transport...
May 27, 2021
Telit, a global enabler of the Internet of Things (IoT), today announced the commercial operation of its new mobile core network, Telit NExT, enabling new and enhanced turnkey services that give enterprises, IoT service providers and other users access to over 600 2G, 3G and 4G networks in 190 countries. The new IoT conceived core network is that the latest example of Telit's commitment to providing the entire ecosystem with services and solutions that enable seamless, flexible, reliable con...
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