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* Home * Market News * MOAI News * Competitor News * Credit Focus Home Market News MOAI News Competitor News Credit Focus * * CUSTOMER HIGHLIGHTS & INSIGHTS TELECOM MEDIA ARTICLES & NEWS MARCH 2023 MARKET NEWS 11 ANNOUNCEMENTS FROM ERICSSON SO FAR DURING MWC23 Ericsson has introduced several new technologies and solutions related to 5G, cloud, and IoT at the annual Mobile World Congress 2023. Some of the key highlights include the launch of Ericsson's 5G radio access network (RAN) platform, which is designed to provide enhanced coverage and capacity for 5G networks, as well as the introduction of new IoT solutions for industrial automation and smart cities. Ericsson has also demonstrated its cloud-native 5G core network and cloud RAN solutions, which are designed to enable operators to quickly and efficiently deploy 5G networks. Additionally, Ericsson has announced several partnerships and collaborations with other companies in the industry to further advance the development and deployment of 5G and IoT technologies. More articles on Ericsson's MWC2023 here. INDIA IN TALKS WITH 18 COUNTRIES FOR 4G/5G IMPLEMENTATION India's Minister for Communications, Electronics and Information Technology, Ashwini Vaishnaw, has announced that India is currently in talks with 18 countries to explore opportunities for the implementation of 4G and 5G technologies. The minister made the announcement during the India Mobile Congress 2021, highlighting India's efforts to establish collaborations and partnerships in the global telecom sector. India has been actively working on its 5G roadmap and has already started testing the technology in select cities. The country is looking to leverage 5G to drive innovation across various sectors such as healthcare, education, and manufacturing, among others. The collaborations with other countries would allow India to tap into global expertise and resources, further boosting the country's efforts to implement 4G and 5G technologies. NEWS AROUND MOAI Australia Bangladesh India Indonesia Malaysia Phillipines Sri Lanka Thailand Vietnam COMPETITOR NEWS HUAWEI EXPANDS ITS MFS BUSINESS Huawei, the Chinese telecommunications equipment and consumer electronics manufacturer, is expanding its mobile financial services (MFS) business globally. The company's MFS platform, Huawei Pay, has already been launched in several countries, including Russia, Pakistan, and the United Arab Emirates, and it plans to enter more markets in the future. (10 Mar 2023) NOKIA CHANGES LOGO Nokia, the Finnish telecommunications company, has changed its logo to mark the start of a new era. The company's CEO, Pekka Lundmark, stated that the new logo reflects Nokia's renewed focus on innovation, sustainability, and trust, and its commitment to making a positive impact on society. SAMSUNG INTRODUCES STANDARIDISED 5G NTN MODEM TECHNOLOGY Samsung Electronics has announced the introduction of a standardized 5G Non-Terrestrial Network (NTN) modem technology to power smartphone satellite communication. The new modem technology allows for reliable and efficient communication between smartphones and satellites, even in areas with no ground-based infrastructure. The technology has been standardized by 3GPP, the international organization that sets telecommunications standards, and will be available for use by other manufacturers. Samsung's new modem technology is expected to facilitate the development of new applications and services for consumers, particularly in remote and rural areas where traditional communication infrastructure is limited. The technology is also expected to be useful for emergency responders and disaster relief efforts. NOKIA SAYS 50% OF TELECOM GEAR MADE IN INDIA IS EXPORTED. Finnish telecom gear maker Nokia is growing its manufacturing capacity in India, andincreasing its investment under the Production-linked Incentive (PLI) scheme. It has revealed that 50% of the telecom gear it manufactures in India is exported to various parts of the world. The company's India manufacturing unit, located in Chennai, plays a significant role in the global supply chain of Nokia. Nokia's export numbers showcase the strength of India's manufacturing capabilities and highlight the country's potential as a global manufacturing hub. TATA GROUP TO ENTER TELECOME INDUSTRY WITH DIFFERENT APPROACH Tata Group, one of India's largest conglomerates, is planning to re-enter the telecom industry with a new approach. The group has already applied for a telecom license and aims to provide services in 22 circles across the country but this time as a virtual network operator (VNO). The VNO model would allow Tata to offer telecom services without owning the necessary network infrastructure. The group's re-entry into the telecom industry is a strategic move as it looks to leverage the increasing demand for digital services in the country. The move could also help the Tata Group diversify its revenue streams and provide a boost to its overall growth. TECH MAHINDRA FORECASTS $3 BILLION REVENUE FROM TELECOM BUSINESS FOR FISCAL YEAR Tech Mahindra, a leading provider of digital transformation, consulting, and business reengineering services, has projected a $7 billion revenue run rate for the current fiscal year. The company expects to generate $3 billion from its telecom business alone. The telecom sector has been a significant focus area for Tech Mahindra, and the company has been actively expanding its offerings in this space. Tech Mahindra's telecom business has seen steady growth over the past few quarters, driven by the increasing demand for digital services and the adoption of 5G technology. The company's strong performance in the telecom sector, along with its other business verticals, has positioned it well for continued growth in the coming years. NOKIA'S AVA ENERGY SOLUTION UPGRADED FOR GREATER REDUCTION IN NETWORK POWER CONSUMPTION Nokia has enhanced its Ava Energy Solution with advanced algorithms to drive even further reductions in network power consumption. The solution, which optimizes the energy efficiency of telecom networks, now includes machine learning capabilities that can predict energy usage and optimize settings in real-time. By optimizing the power usage of network components like base stations and air conditioning units, Ava Energy can help telecom operators reduce their carbon footprint and operating costs. Nokia's latest upgrade is part of its commitment to sustainability and supporting the global transition to clean energy. HUAWEI INCREASES EFFORTS TO SECURE ROLE IN MALAYSIA'S 5G ROLLOUT AS ERICSSON'S CONTRACT UNDER REVIEW Nokia has enhanced its Ava Energy Solution with advanced algorithms to drive even further reductions in network power consumption. The solution, which optimizes the energy efficiency of telecom networks, now includes machine learning capabilities that can predict energy usage and optimize settings in real-time. By optimizing the power usage of network components like base stations and air conditioning units, Ava Energy can help telecom operators reduce their carbon footprint and operating costs. Nokia's latest upgrade is part of its commitment to sustainability and supporting the global transition to clean energy. HUAWEI FOUNDER REVEALS COMPANY REPLACED THOUSANDS OF US-BANNED PARTS IN ITS PRODUCTS Huawei's founder, Ren Zhengfei, has revealed that the company has replaced thousands of US-banned components in its products in response to the US government's sanctions. The company has been heavily impacted by US sanctions that restrict its access to American technology and components. As a result, Huawei has had to find alternative suppliers and develop its own technology to replace the US components. The company has also been investing heavily in research and development to become more self-sufficient. Despite the challenges, Huawei remains a major player in the telecommunications industry and has been working to expand its presence in markets outside the US. CREDIT FOCUS 230314-S&P Monthly Asia Pacific Credit Focus © 2023 Cookie Use We use cookies to ensure a smooth browsing experience. By continuing we assume you accept the use of cookies. Accept Learn More