Nokia’s Senior Vice President for the Middle East and Africa, Mikko Lavanti, has reaffirmed the company’s commitment to the region, stating that it remains a key area for growth.
Ericsson has announced a new partnership with operator e& Egypt that marks what is described as a ‘significant milestone in advancing ICT infrastructure in Egypt and the wider region’.
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.