Nokia released its Q3 financial results for 2017 showing net sales of €5.5 billion for the quarter compared to €6 billion for the same period last year. The company reported a 7 percent year-on-year sales decrease in Q3. Nokia CEO Rajeev Suri said the company’s patent licensing business was the “clear highlight” of the quarter.

Read more: Nokia’s patent business ‘clear highlight’ of Q3 results

Nokia is bringing several new products to its extensive FTTx portfolio so operators can accelerate ultra-broadband deployments and deliver more bandwidth to more people sooner. Nokia's enhanced FTTx portfolio includes fiber and high-speed DSL deployment options including a mini outdoor fiber node, a 212Mhz reverse-power G.fast solution and DSL backhaul remote nodes. 

Read more: Nokia’s new FTTx solutions give operators greater flexibility

Chinese telecom equipment provider and smartphone maker Huawei aims to take on Amazon and Alibaba as a global provider of public cloud services, the company said in April. Edward Zhou, Huawei’s VP of Global Public Affairs, reiterated this to Telecom Review recently, saying Huawei can provide more trustworthy cloud services based on its legacy telecom experience.

Read more: Huawei exec touts cloud services as growth area

China Unicom’s mixed-ownership reform has leapt forward in business cooperation with Chinese internet company Tencent and e-commerce platform Alibaba Group. This represents the first major business cooperation with strategic investors after China Unicom’s mixed-ownership reform plan was approved.

Read more: China Unicom announces cooperation with Tencent and Alibaba following mixed-ownership reform

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