Nokia shot down speculation from a Bloomberg report claiming that it is prepping its mobile unit for a US$10 billion sale for suitors including rival Samsung.
Malaysia’s special purpose company for 5G deployment Digital Nasional Berhad (DNB) partnered with Ericsson to boost digitalisation in the country, with microchip giant Intel also involved.
Ericsson announced it will book a non-cash impairment of SEK11.4 billion (US$1.1 billion) in its Q2 results, blaming cloud unit Vonage which had previously hit the Swedish vendor in the wallet.
