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US Attorney General Says Washington, Allies Should Invest in 5G by Nokia, Ericsson to Counter Huawei

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Last week, the UK granted Huawei the right to build part of the country’s 5G mobile internet infrastructure, joining other major US allies who have rejected Washington’s pressure not to do business with the Chinese tech giant. Attorney General William Barr has called on the United States and its allies to consider putting their “large market and financial muscle behind” either... 

Nokia's shareholders approve acquisition of Alcatel

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Shareholders in Finnish telecom group Nokia approved the company’s acquisition of French-American rival Alcatel-Lucent. Shareholders in Finnish telecom group Nokia approved the company’s acquisition of French-American rival Alcatel-Lucent on Wednesday, paving the way for the creation of a mobile phone networks giant, AFP reported. They approved the transaction at an extraordinary general... 

Sony to buy off Ericsson's shares in their joint mobile business

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WallStreet Journal reports that Sony Corp. is on its way to finish off the deal with Telefon AB L.M. Ericsson, which would make Sony the sole and primary shareholder of the Sony Ericsson joint venture. Created back in 2001, the Sony Ericsson 50-50 joint venture is one of the world’s leading mobile phone manufacturers (the 6th, actually) and has attracted many brand-loyal users through the years. Sony’s... 
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