Archive September 13, 2019

Huawei CEO offers to license 5G stack to new competitor

(Telecompaper) Huawei is prepared to sell a perpetual licence to its 5G stack to help create a competitor on the market, CEO Ren Zhengfei said in an interview with The Economist. The buyer would be able to modify the source code to build its own network equipment, a move that could help alleviate concerns about Huawei’s alleged ties to the Chinese government. 

Avaya still in takeover talks but with no time-table

(Telecompaper) Avaya said that the takeover talks it hoped would be completed by mid-September are still ongoing and that it remains in advanced discussions. Reports in March said the company was considering a leveraged buy-out offer form a private equity firm. The company later confirmed it was it was considering takeover offers and that these would be completed soon.

TIM chairman Conti ready to step down – report

(Telecompaper) The chairman of Telecom Italia (TIM), Fulvio Conti, is preparing to step down to pave the way for a revamp of the group’s governance, according to unnamed sources cited by Italian daily La Repubblica. The company’s board has called a meeting to discuss the matter even though a replacement for Conti has yet to be identified, with current CEO Luigi Gubitosi likely to take over the chairman’s powers on an interim basis.