Displaying items by tag: technology
According to The Wall Street Journal, Google is reportedly set to purchase significant amounts of real estate throughout New York City, which could provide an extra 12,000 tech workers to multiply its workforce.
Parent company, Alphabet Inc. is nearing a deal to buy or lease three new properties in the city, including a 1.3 million-square foot building in St. John’s Terminal.
Earlier this year, the tech giant spent $2.4 billion buying New York City’s historic Chelsea Market, with plans to add a community space, winter garden and a public water taxi landing. It closely resides to their 111 Eighth Avenue headquarters, which they purchased in 2010.
Over the last two years Google has spent a reported $2.8 billion on real estate, and earlier this month paid $1 billion for a property in Mountain View, California.
Amazon is also set for expansion in New York, with plans set to split its headquarters between Long Island City in Queens and Arlington County VA, providing a further 25,000 jobs for the company. HQ2 is set to be the largest economic development project in New York State history, bringing billion of dollars in tax revenue.
European telecommunications vendor Ericsson has compiled another comprehensive Mobility Report and the strategic forecast is projecting that 5G will reach 1.5bn subscriptions by 2024.
5G is expected to reach more than 40 percent global population coverage and 1.5 billion subscriptions for enhanced mobile broadband by the end of 2024. This will make 5G the fastest generation of cellular technology to be rolled out on a global scale, according to the latest edition of the Ericsson (NASDAQ: ERIC) Mobility Report.
Key drivers for 5G deployment include increased network capacity, lower cost per gigabyte and new use case requirements. North America and North East Asia are expected to lead the 5G uptake.
In North America, 5G subscriptions are forecast to account for 55 percent of mobile subscriptions by the end of 2024. In North East Asia, the corresponding forecast figure is more than 43 percent.
In Western Europe, 5G is forecast to account for some 30 percent of mobile subscriptions in the region by end of 2024.
The uptake of NB-IoT and Cat-M1 technologies is driving growth in the number of cellular IoT connections worldwide. Of the 4.1 billion cellular IoT connections forecast for 2024, North East Asia is expected to account for 2.7 billion – a figure reflecting both the ambition and size of the cellular IoT market in this region.
Diverse and evolving requirements across a wide range of use cases are prompting service providers to deploy both NB-IoT and Cat-M1 in their markets.
Mobile data traffic grew 79 percent between Q3 2017 and Q3 2018 – China a key engine
Mobile data traffic in Q3 2018 grew close to 79 percent year-on-year, which is the highest rate since 2013. Increased data-traffic-per-smartphone in North East Asia– mainly in China – has pushed the global figure notably higher.
With a traffic growth per smartphone of around 140 percent between end 2017 and end 2018, the region has the second highest data traffic per smartphone at 7.3 gigabytes per month. This is comparable to streaming HD video for around 10 hours per month.
North America still has the highest data traffic per smartphone, set to reach 8.6 gigabytes per month by the end of this year – which can be compared to streaming HD video for over 12 hours monthly.
Ericsson claims that between the timeframe of 2018-2024, total mobile data traffic is expected to increase by a factor of five, with 5G networks projected to carry 25 percent of mobile traffic by the end of the period.
Fredrik Jejdling, Executive Vice President and Head of Business Area Networks, says: “As 5G now hits the market, its coverage build-out and uptake in subscriptions are projected to be faster than for previous generations. At the same time, cellular IoT continues to grow strongly. What we are seeing is the start of fundamental changes that will impact not just the consumer market but many industries.”
The Mobility report also features articles on fixed wireless access and how to make it a reality, streaming video from megabits to gigabytes, and developing the smart wireless manufacturing market.
Comments made by President Donald Trump suggest he could implement a 10% tariff on Apple products imported from China. In an interview with The World Street Journal, Trump was questioned about the possible iPhone and laptop tariffs.
“Maybe. Maybe. Depends on what the rate is,” He said, “I mean, I can make it ten percent, and people could stand that very easily.”
A 25% tariff increase on $200 billion of Chinese goods are expected by Trump, and he will also add $267 billion worth of tariffs onto goods that are not already subjected to existing tariffs if the two countries don’t make a deal.
When asked about whether he would delay an increase in tariffs from 10% to 25% on January 1st, Trump said it would be “highly unlikely”, which looks set to cause further tensions between him and Chinese President Xi Jinping.
The trade war is likely to hurt American brands such as Apple, and affect their sales.
Previously exempt from the tariffs, Apple products such as the IPhone, AirPods and the Apple Watch would be affected. His comments saw the Apple stock down nearly 2% in after-hours trading.
Europe’s leading cell carrier, EE, is bringing 5g service to sixteen cities in 2019. London, Cardiff, Edinburgh and Belfast are expected to be the first to receive the mobile service in its initial rollout phase. They are to focus on high volume centers such as Heathrow airport, Edinburgh Waverly train station, Hyde Park and the Welsh Assembly.
Manchester and Birmingham are scheduled to follow later in the year.
There are also plans to bring 5G to an additional 10 cities, including Glasgow, Newcastle, Liverpool, Leeds, Hull, Sheffield, Nottingham, Leicester, Coventry and Bristol throughout 2019. EE intends to upgrade 1,500 sites that are responsible for 25% of the cell traffic.
As part of its 5G plans, EE is launching 5G home broadband service, which looks set to bring high speeds to UK households via a specialized router and external antenna.
Other major European carriers such as Three UK and Vodafone are to also join them in launching mobile 5G.
Currently, none of the flagship phone models support 5G. However, cell manufacturers, such as Apple and Samsung, are working together to get ready for the transition.
European telecommunications vendor Nokia has announced that it has completed the first outdoor pilot of 5G New Radion on 3.5GHz frequency with Singaporean operator StarHub.
TELUS Corporation today released its unaudited results for the third quarter of 2018. For the quarter, the operator consolidated operating revenue of $3.8 billion increased by 11 per cent over the same period a year ago.
This growth was driven by higher wireless network and equipment revenues, wireline services revenue growth and higher other operating income resulting from our share of the non-recurring equity income related to real estate joint ventures of $171 million arising from the sale of TELUS Garden. Excluding this equity income consolidated operating revenue increased by 5.8 per cent.
Earnings before interest, income taxes, depreciation and amortization (EBITDA) increased by 8.2 per cent to $1.3 billion due to higher revenue growth as referenced above and improved wireless equipment margins.
This growth was partly offset by incremental employee benefits expense due to recent business acquisitions and increased costs to support our growing customer base. Adjusted EBITDA was up 6.4 per cent when excluding the net gain from the sale of TELUS Garden, as well as restructuring and other costs, which included our committed donation of $118 million to the TELUS Friendly Future Foundation.
“TELUS reported strong operational and financial results for the third quarter, including robust customer growth across both the wireless and wireline segments of our business. This was buttressed by a continued excellent performance in wireless and wireline customer loyalty and lifetime revenue,” said Darren Entwistle, President and CEO. “Importantly, the TELUS team continues to achieve industry-leading postpaid wireless churn, and realized record third quarter high-speed Internet and TV retention levels. This performance was driven by our team’s relentless focus on providing exceptional customer experiences, and was anchored by the ongoing generational investments we are making in our leading broadband wireline and wireless networks, both of which are hallmarks of TELUS’ successful, long-term growth strategy.”
Mr. Entwistle added, “The efficacy of our broadband technology investments is reflected in TELUS, once again, being named as having the fastest mobile network in Canada by PCMag. This repeat acknowledgement builds on our outstanding record of achievement with respect to network excellence, having already earned the top spot in all major mobile networks reporting this year, including Ookla, J.D. Power and OpenSignal. These leading network rankings, each received consecutively for two or more years, reinforce the consistent superiority of TELUS’ broadband networks available to citizens across the country.
Mr. Entwistle further commented, “Our dividend increase announced today, on the back of our 41 per cent free cash flow growth, reflects the sixteenth increase since 2011, and is the fourth in our most recent three-year dividend growth program, targeting annual growth between seven and 10 per cent through 2019. This builds on our proven track record of providing investors with the industry’s best multi-year dividend growth program, which continues to generate significant value for our shareholders. Notably, TELUS has now returned $16 billion to shareholders, including $10.8 billion in dividends, representing $27 per share since 2004. We look forward to updating investors on the progression of this program at our 2019 annual general meeting.”
Doug French, Executive Vice-president and CFO said, “For the third quarter of 2018, TELUS delivered positive operational and financial results, reflecting the strength of our multiple product and valued service offerings, our commitment to customer service excellence and our network superiority. Our strategic capital investments are clearly paying off, as evidenced by our strong subscriber and loyalty results, and position us to maintain our network leadership as we progressively move towards the arrival of 5G.”
Mr. French added, “As we head into the seasonally important final quarter of 2018, we remain focused on executing against our strategy, amplifying our efforts on cost efficiency, focusing on margin accretive customer growth and investing to support our growth strategy. Today we are raising our full year 2018 assumption for restructuring and other costs, including an additional $50 million targeted towards further streamlining our business and enhancing our effectiveness in serving our growing customer base. This additional investment in restructuring, to be recorded in the fourth quarter of 2018, is expected to deliver annual cost savings of more than $50 million beginning next year. Meanwhile, our net debt to EBITDA leverage ratio continues to improve, putting us in good position for 2019.”
The Next Generation Mobile Networks (NGMN) Alliance - which drives and guides the development of all future mobile broadband technology with a focus on 5G - has published its three deliverables on 5G Extreme Requirements entitled “Operators’ views on fundamental trade-offs”, “RAN Solutions”, and “End-to-End considerations”, respectively.
Compiled by the Alliance’s 5G Extreme Requirements task force, the papers aim to highlight what implications and trade-offs related to the delivery of new 5G services are relevant for mobile network operators.
Ilaria Thibault, task force lead and Principal Researcher at Vodafone commented: “We are very excited to reveal the findings of the outcome of the Extreme Requirements task force, which was to really strike at the heart of what needs to be assessed before the world embarks on advanced 5G services.
This work quantifies and analyses the coverage impact of delivering new extreme 5G services (Ultra-reliable and Low-latency – URLLC) for the radio access network with a theoretical analysis, system-level simulations, and field trials. End-to-end deployment guidelines for meeting extreme requirements at a service level are also provided. Among these guidelines, techniques such as path redundancy and new transport-layer protocols are discussed to improve end-to-end latency and reliability.
For latency-critical services, interworking between the Non-3GPP processing delays and 3GPP processing delays has been assessed.”
CEO of the NGMN Alliance Peter Meissner added: “Our task force has highlighted several key challenges that are crucial to the future of 5G’s connectivity path - and how the industry needs to adequately deal with these. Consequently, this year’s NGMN Conference & Exhibition will see us run a special session where operators are set to share results from their 5G tests, trials and first user experience. Our aim is to uncover the new use cases of 5G and how they will be leveraged in the next few years.”
AT&T and Nokia are teaming up to provide virtually seamless Internet of Things (IoT) connectivity around the world. The companies are using Nokia’s Worldwide IoT Network Grid (WING) to offer AT&T’s enterprise customers the benefits of Nokia’s global IoT ecosystem. These include core network, dedicated IoT operations, billing, security, data analytics, and more.
AT&T and Nokia will develop, test and launch the next generation of IoT services. They’ll cover a wide range of industries including transportation, health, manufacturing, retail, agriculture, utilities, consumer electronics and smart cities.
Commercial deployment starts later this year. WING’s core network assets are expected to be available in more than 20 countries across Europe, Asia, North America, South America, and the Middle East by the first quarter of 2020. The collaboration will help set the stage for the evolution to global 5G.
Together the companies can help enterprise customers:
- Bring more capabilities to more places with increased performance and flexibility, lower latency, and enhanced platform capabilities.
- Address specific business requirements through capabilities like 5G network slicing that allows a single network to be partitioned into multiple networks.
- Meet local regulatory requirements for IoT devices.
“Our work with Nokia WING will help clear away the complexity of large-scale IoT adoption so that our customers can unlock the potential of IoT worldwide,” said Chris Penrose, President, Internet of Things Solutions, AT&T. “Boosted by Nokia’s globally deployed ‘one-stop shop’ network technology, we can be more nimble and responsive to our customers’ needs.”
“This collaboration proves our commitment to the global IoT market, providing seamless connectivity across geographical borders and technologies,” said Sanjay Goel, President of Global Services at Nokia. “With AT&T’s leading position in IoT and proven experience meeting real customer needs, we have a winning combination to bolster our global IoT capabilities.”
AT&T offers global IoT solutions through a combination of owned and third party-provided capabilities that enable superior network performance in more than 200 countries and territories. Connected devices are deployed and controlled easily and quickly in multiple countries using a single, global SIM.
AT&T’s cloud-based Multi-Network Connect platform will simplify connectivity and platform capabilities for AT&T’s use of Nokia WING. Multi-Network Connect lets businesses manage IoT devices across multiple cellular and satellite networks, operators and regions through a single portal.
Nokia WING offers a fully integrated, global managed service for IoT connectivity enablement for mobile network operators, providing innovative features, optimizing investments and reducing time to market. Working with WING, AT&T will speed the delivery of IoT services on a global scale and drive emerging IoT applications.
Chinese telecommunications conglomerate Huawei has launched a demo ‘smart city’ in Weifang, China. It’s part of an overall objective by the company to showcase and highlight its narrowband Internet of Things ‘smart city’ applications and Ocean-Connect IoT platform.
The Chinese smartphone maker made the announcement in relation to its new demo ‘smart city’ at the Huawei Connect conference which was held in Shanghai. It conveyed to those in attendance that Weifang will utilize Huawei’s city-level IoT platform to access, manage and collect data from sensory equipment that will be spread across the entire city in real-time.
Huawei has also publicly stated that it has enabled smart lighting applications across Weifang for a series of different objectives which range from monitoring the status of the street lights, its brightness and the applications can also detect faults. It has been claimed that the system has been specifically designed to save around 80% of traditional electricity usage and 90% of previous maintenance costs.
In addition to this, it has also been disclosed that Huawei has integrated eight services with its NB-IoT network which includes a remote-control system, Wi-Fi hotspots, video surveillance, environment monitoring and statistics. Huawei has outlined that its primary objective is to develop a ‘nervous system’ of smart cities with the Chinese multinational corporation already deploying its smart city solutions in over 100 cities across the globe.
Zheng Zhibin, Huawei Enterprise Business Group GM of Global Smart City Solution Department declared that Huawei’s vision is to improve connectivity services in urban areas all over the world – which is imperative in order to continue to drive the growth of the ‘digital economy’.
He said, “ICT advancement is accelerating the growth of the digital economy, which is a driving force of global economic development and transforming cities across many areas including governance, transport, living, social interactions, and employment, promoting the sustainable development of cities. The underlying connectivity in these smart cities will be critical to unlock the potential of the digital economy. Huawei is focused on improving connectivity capabilities within cities, and is creating the nervous system of better-connected cities through an IoT platform, achieving better awareness [and] connectivity among smart devices."
At Huawei Connect in Shanghai it was also formally announced that the telecommunications colossus and the Government of Weifang City had formed an Internet of Things Innovation R&D Centre and an IoT Industry Alliance.
Social networking colossus Facebook has announced that it is attempting to make a ‘technical ‘breakthrough in relation to developing and manufacturing futuristic ‘smart glasses’ specifically designed to allow you see to see virtual objects in the real world.
It has emerged that Facebook published a patent application for a ‘waveguide display with two-dimensional scanner’ which was compiled by three members of its advanced research division of Facebook’s VR subsidiary Oculus.
It has been reported that the display may augment views of a physical, real-world environment with computer generated elements. In addition to this, the patent filing also suggested that the display being developed may be included in an eye-wear comprising a frame and a display assembly yhat presents media to a user’s eyes.
Facebook CEO Mark Zuckerberg has previously expressed his belief that virtual and augmented reality - represents the next major computing platform which is capable of replacing smartphones and traditional PCs. Facebook acquired Oculus in 2014 for $2 billion and has announced its intentions to continue to invest billions on developing more revolutionary technology.
The ‘smart glasses’ currently being developed by Oculus will use a waveguide display in order to project light onto the wearer’s eyes instead of a more traditional display. However, it has also been claimed that the ‘smart glasses’ would be able to display images, video and be compatible with connected speakers or headphones to play audio when worn.
Facebook has thus far declined to comment on the patent application, but analysts have suggested that the social networking firm have adopted a similar approach to Microsoft, when they launched its HoloLens AR headset. Oculus’s ‘smart glasses’ have also drawn comparisons with glasses being developed by Google start-up Magic Leap.
Interestingly, one of the lead authors of Facebook’s patent application is optical scientist Pasi Saarikko who joined Facebook two years ago, after he spearheaded the optical design of HoloLens at Microsoft. However, despite the announcement being made in relation to work commencing on Facebook’s ‘smart glasses’, analysts have claimed don’t expect to see the device anytime soon.
Chief scientist of Oculus, Michael Abrash said AR glasses won’t start replacing smartphones until 2022. He said, “20 or 30 years from now, I predict that instead of carrying stylish smartphones everywhere, we’ll wear stylish glasses. Those glasses will offer VR, AR and everything in between, and we’ll use them all day.”