The 8 May Recap

A recap of the week’s telecoms news. Verizon comes to the painful realization that its aspirations in the enterprise cloud are forlorn which led to the disposal of its cloud and managed hosting business as well as some datacenters. Meanwhile Ericsson’s tough year got a bit worse with the downgrade of its credit rating to junk status by Moody’s and our special correspondent brings news of renewed hostilities in the US 5G arms race.


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