Technology

Today at GSMA's Mobile World Congress 2016, Ericsson (NASDAQ:ERIC) and Cisco (NASDAQ:CSCO) reported significant progress in all areas of their next-generation strategic partnership, announced in November 2015.  The companies' sales forces have successfully engaged with customers across the world on business deals spanning networking, mobility and cloud technologies, IP transformation and managed services agreements, resulting in new an

• STC, KFUPM and Ericsson implemented the center of excellence in January 2016, with completion expected in June 2016
• The center aims to evaluate, test and transfer knowledge of emerging technologies to prepare Saudi new graduates for careers in telecommunications
• KFUPM students will benefit from Ericsson’s Research & Development graduate and mentorship programs

• Mobinil, part of the Orange Group, is the first operator worldwide to deploy Ericsson’s microwave link - MINI-LINK 6352 - with 5Gbps capacity
• This brand new solution will improve Egypt’s readiness for widespread LTE adoption
• The E-band spectrum is instrumental in supporting microwave to meet the capacity increase for backhaul as well as fronthaul

• Asiacell signs an important deal with Ericsson in a new network domain to transform its transmission backbone infrastructure in Iraq.
• Ericsson will deploy MINI-LINK LH, an innovative solutions in the microwave domain to transform the network across new geographical expansions.
• This partnership enables Asiacell with the technology and capacity to cater to the increased demand in data traffic over the next five years.

• User Data Consolidation (UDC) solution selected by Korek Telecom to protect user data and manage mass signalling
• UDC consolidates user data for network functions such as user authentication, service authorization, mobility management and fraud protection
• Data can be made available to trusted partners to form the basis of attractive new service offerings

Bader, Berytech Fund II, IM Capital, Lebanon for Entrepreneurs (LFE), and MEVP Impact announced the launch of tech accelerator Speed@BDD in Beirut on the 29th of July 2015.

Speed@BDD is Lebanon’s only Y Combinator-style accelerator, and it is intended to be a collaborative effort among Lebanon’s leading investment funds and entrepreneurship support organizations to build an elite community for top-notch startups.

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