Nokia Networks to Buy Panasonic's Base Station Biz
Nokia Networks today announced that it has agreed to purchase select portions of Panasonic's wireless business. Specifically, the company will buy Panasonic's mobile phone wireless base station and related wireless equipment system businesses. As part of the deal, Panasonic will transfer fixed assets, employees, and business contracts to Nokia in Japan. Nokia called Japan a key market and believes the deal will strengthen its business goals there. The terms of the deal have not been finalized, but Nokia Networks expects the asset acquisition to close by January 2015. Panasonic ceased making smartphones in late 2013. Nokia sold its handset business to Microsoft earlier this year.
Sep 12, 2018
Verizon Wireless will offer consumers in Houston, Indianapolis, Los Angeles, and Sacramento 5G service beginning October 1. Verizon is calling its new offering Verizon 5G Home, which is its fixed 5G service that will act as a replacement for in-home broadband, cable, or fiber.
Mar 26, 2018
FCC Chairman Ajit Pai wants to prevent the government and companies from using the Universal Service Fund to buy equipment from companies that represent a security threat to the U.S. "Threats to national security posed by certain communications equipment providers are a matter of bipartisan concern.
Apr 17, 2018
The FCC today moved forward with a plan that would make it harder and/or more expensive for U.S. companies to buy equipment from corporations that might pose a security risk.
Jul 26, 2019
Dish Network will pay $5 billion to buy significant Sprint assets in an attempt to create a new national 5G wireless network, in a deal brokered by the US Department of Justice to win approval for T-Mobile merging with Sprint. The deal includes $3.6 billion for licenses to 14 MHz of nationwide 800 MHz spectrum.
Feb 26, 2017
Samsung today revealed a number of 5G-related projects it is working on, including a home router, a base station, core network infrastructure, and a mobile chipset. The 5G Home Router is of particular interest, as Samsung said it would serve as an in-home replacement for fiber-to-the-home for broadband service.