The London-based telecom provider’s current Chief Executive Gavin Patterson announced in June that he would leave BT amid company struggles.

The president issued a memorandum that is intended to make more spectrum available so that operators can more quickly deploy 5G.

CEO Rajeev Suri told investors the company need to shave nearly $800 million in costs by the end of 2020.

CFO Matt Ellis said there have been no surprises so far in the company’s four-market pre-standard 5G fixed wireless launch.

CEO Borje Ekholm said an investigation of the company by the SEC and DOJ started in 2013. The scandal put a damper on otherwise positive third quarter results.

The company will now give IT workers that are transferring to Infosys the option of receiving an exit package if they decline to move to the outsourcing firm.

David Ulevitch, who was once in charge of Cisco’s security business, is leaving to become a general partner at Andreesson Horowitz.

Both vendors have scored significant 5G deals with all of the major U.S. operators but are not afraid to throw shade at each other.

Sprint CTO John Saw said the carrier’s rivals were “trying to make 5G lemonade out of the lemons that they have.” He was referring to Verizon and AT&T using

Now that it is publicly traded the company intends to continue focusing on acquisitions like its recent purchase of SD-WAN provider Elfiq Networks.

Romanski is the third high-level Cisco executive to leave the company in the past month.

The funds come at a critical time as analysts have noted Europe is lagging behind North America and Asia on 5G deployments.

McElfresh will replace Melissa Arnoldi as the president of AT&T Technology and Operations. He’s a 21-year veteran of AT&T.

Software components like controllers and VNFs are growing almost twice as fast as hardware components.

The company’s service provider business was up 6 percent year over year. But 5G isn’t the reason for the turnaround.

“But once you get there those investments you are making to achieve that goal ebb out. They either come down or effectively stabilize,” said CFO John Stephens.

In today’s agreement the companies said that, with limited exceptions, they will not bring any new litigation over patents or copyrights related to existing products for five years.

The announcement comes just days after Nokia CEO Rajeev Suri admitted the company lost some of its Verizon business in certain markets.

Business customers include news and entertainment companies, software developers, hardware providers, and network operators and mobile carriers.

Most of that 5-year growth will come from an increased use of wavelength division multiplexing (WDM) to support the extension of higher network speeds closer to end users.

Company CEO Rajeev Suri brushed aside market share concerns at the telecom giant but did admit to losing contracts in a “small number” of Verizon markets.

A complete buyout of VMware by Dell Technologies would have likely sparked an employee and shareholder revolt. But that option may still be on the table.

T-Mobile’s acquisition of Sprint will mean a larger 5G footprint and a higher capacity network, says Sprint’s CTO.

The company's board of directors named CFO Robert Swan as interim CEO while it searches for a successor.