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  • Telecoms vendor Ericsson has reported a 42% drop in Q3 core profit and declared intentions to cut further costs.
  • Gulf Bridge International (GBI) has joined the Amsterdam Internet Exchange (AMS-IX) as an official reseller.
  • Zain Group has increased capacity at DE-CIX’s internet exchanges in Frankfurt, German, and Dubai, UAE.
  • China Mobile has signed a memorandum of understanding with Singapore’s StarHub and Thailand’s True aimed at accelerating strategic cooperation.
  • AT&T is using Huawei equipment in its North American network and vice chairman Ralph de la Vega says that its performance is “excellent”.
  • Saudi Telecom Company (STC) has expanded and upgraded its IP backbone in the Middle East.
  • Dimension Data is planning a major offensive on the cloud services market in emerging economies with the launch of a new partnership programme that will help service providers slash years off the time it takes to bring cloud-based solutions to the market.
  • Optus and Huawei have announced a trial of 4.5G, resulting in download speeds of 1.41Gbps, reaching theoretical maximum speeds of 1.43Gbps.
  • Russian billionaire and telecoms entrepreneur Mikhail Fridman's Altimo subsidiary has today confirmed it has made a bid to acquire 100% of Egypt's Orascom Telecom's outstanding shares.
  • Kevin Koch, chief operating officer of Helios Towers Africa (HTA), has to solve operational problems that most COOs would not recognise. HTA solves a lot of unconventional problems, because it acquires, builds and manages telecoms towers for operators in Africa.