"The impairment does not alter Ericsson’s positive outlook on the … market potential," the vendor explained.

The carrier plans to spend $19 billion over the next five quarters in repurchasing its own shares and in doling out dividends to shareholders.

“For every dollar of wireless, there are actually $2 to $3 of wired switching opportunity for us to pursue,” Rahim told a J.P. Morgan conference.

Dell'Oro Group linked the drop to North American operators reining in their 5G spend.

With that outcome potentially weeks away, the question could be whether VMware's business as usual remains a model for the vendor going forward.

“Combining will strengthen our capital structure to position the company for sustainable growth moving forward,” Echostar CEO Hamid Akhaven said.

The carrier is looking at different spectrum models to power a “nonstandard-based solution” or multi-dwelling unit strategies.

The deal is a “foundational contract extension” in his firm’s now 10-year relationship with Verizon, Synchronoss CEO Jeff Miller said.

EdgeNectar has a deal with a Silicon Valley-based real estate company to install its 5G-based fixed-wireless access service in a handful of buildings.

The carrier reported that its 5G network now covered more than 70% of the U.S. population, or more than 240 million people.

CEO Antonio Neri praised the vendor's Intelligent Edge business as one of the main drivers of company growth during the most recent quarter.

The carrier expects the consumer market to accelerate over the next five years.

“Overall … this industry is delivering the dividends on 5G that we promised,” Sievert told attendees at an investor conference this week.

"We still have a ratio I would say of 75% of service providers have selected to use our cloud stack,” Ericsson's Monica Zethzon said.

Operators have expressed plans to cut their overall capex, which is coming off all-time highs tied to their initial 5G deployments.

ABI Research predicts 5G-based fixed-wireless access connections will hit 72 million worldwide by 2027, representing 35% of the total FWA market.

“Samsung continues to provide the template on how vendors can break into the [radio access network] ... market," IDC's Daryl Schoolar said.

The firm found 46% of telecom CEOs think their company will not be economically viable in 10 years if they continue down their current operating path.

The vendor recently entered into Chapter 11 bankruptcy protection as it aims to restructure its financial obligations.

The carrier's Jennifer Robertson said she expects the fixed-wireless access service "to be competitive in the marketplace."

The vendor also plans to focus its cloud efforts in areas where it “has leading positions."

Oracle reported $12.3 billion in revenue for the second quarter of its 2023 fiscal year, which was $200 million higher than its forecast.

Aruba is investing in the data center space while "looking at" private 5G, and security as part of a secure access service edge solution, President Phil Mottram said

The vendor's stockholders earlier this month voted to approve the deal, which is set to close during Broadcom’s 2023 fiscal year.