Vi awards major 4G and 5G contracts to Ericsson

Data from Dell’Oro Group showed Huawei was the leading telecom equipment vendor by revenue in 2023, but the overall market had contracted 5% year-on-year, snapping five years of consecutive growth. 

Nokia has confirmed reports that it is partnering with Foxconn to manufacture its 5G AirScale equipment at Foxconn’s factory in Vietnam.

­Swedish vendor Ericsson announced the appointment of Patrick Johansson as Head of Market Area Middle East and Africa, replacing Fadi Pharaon who announced his departure in May.