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- CB Insights Research
- 2 months ago
In the last decade, 4G wireless technology has become the standard for many mobile consumers around the world. While this fourth generation of wireless technology has paved the way for new mediums of mobile consumption, it does have limitations.
Over the next decade, the rise of connected “internet of things” (IoT) devices will require networks to transmit massive sums of data in near real-time. The next generation of wireless technology, known as 5G, will allow just that.
The next generation of wireless technology will offer new consumer and business applications, with near real-time connectivity. CB Insights dives into the background of wireless technology, the introduction of 5G, and how the next generation of connectivity will come to be.
- 2 months ago
- Rajeev Suri, the chief executive of Nokia, is stepping down from his leadership role after overseeing the Finnish networking giant for more than half a decade.
- Pekka Lundmark, the outgoing President and CEO of energy firm Fortum, has been elected as the President and Chief Executive Officer of Nokia, the Finnish company announced on Monday.
- The networking giant said Suri had expressed his intention to step down from the role and that they have been working to formulate a smooth transition.
- Suri, who will leave his current position on August 31 and continue to serve as an advisor to the Nokia Board until January 1 next year.
- Lundmark is expected to start in his new role on September 1 this year.
- 3 months ago
- Nokia finished the day 6.1% higher amid reports that the company is exploring strategic options, though Reuters said a source close the company denied there was any truth to the reports.
- Bloomberg cited sources saying the company hired advisers to explore a potential asset sale or merger, and even speculated about the prospect of a merger between Nokia and Ericsson.
- But that report didn't point to any discussions between the two companies, and noted such a deal would be hard to consummate due to various European regulations.
- Ericsson closed 1.4% higher.