Latest news with #governmentprojects
Yahoo
2 days ago
- Business
- Yahoo
Nokia and MX Fiber Expand Gigabit Connectivity Across Southeast Mexico
Nokia NOK has announced the deployment of a new high-speed optical transport backbone network for MX Fiber, bringing powerful and reliable connectivity to Southeast Mexico, a region known for its large population but limited digital infrastructure. The advanced network is designed to provide a future-proof digital foundation, supporting economic revitalization and enabling modern services for communities, businesses and government projects. Residents and enterprises across Chiapas, Tabasco and Quintana Roo, with coverage soon expanding to Campeche and Veracruz, will gain access to faster Internet, improved cloud services and enhanced support for data-intensive applications in areas that have long faced infrastructure gaps. The 1,800 km network expansion, powered by Nokia's Flex-Grid DWDM technology and 1830 Photonic Service Switch (PSS), delivers scalable capacities of 10G, 100G and 200G, connecting customers to state-of-the-art data centers, industrial parks and subsea transport hubs — the key enablers of commerce, mobility and digital inclusion. Nokia's 1830 PSS ensures cost-efficient, high-performance service delivery, with the ability to upgrade seamlessly to 400G and 800G without service disruption. Additionally, integrated dynamic network management and real-time performance monitoring via Optical Time-Domain Reflectometry (OTDR) provide MX Fiber customers with robust, reliable and future-ready connectivity. Nokia Strengthens Optical Network Nokia is witnessing healthy momentum in its focus areas of software and enterprise, which augurs well for the licensing business. It is poised to benefit from copper and fiber deployments of passive optical networking. It is the only global supplier that is offering O-RAN with commercial 5G Cloud-RAN networks. Nokia is focused on building a strong, scalable software business and expanding it to structurally attractive enterprise adjacencies. Nokia's C-Band portfolio supports 5G standalone and non-standalone networks, cloud-based implementations and Open RAN products. Nokia announced an expansion of its IP routing business into the data center market and highlighted that Apple Inc. AAPL was deploying its technology at its data centers. Apple is benefiting from strong growth in Services revenues. AAPL now has more than 1 billion paid subscribers across its Services portfolio. On July 20, 2025, Nokia announced that it had been selected by AFR-IX Telecom to power the Medusa Submarine Cable System, a new subsea fiber-optic network linking the Atlantic coast, Mediterranean Sea and Red Sea. The open-access system will connect Morocco, Tunisia, Libya, Algeria and Egypt with high-capacity links to boost 5G deployment, cloud expansion and AI-driven bandwidth needs. Using Nokia's 1830 GX Series platform and ICE7 coherent optics, Medusa will deliver tens of terabits per second per fiber pair, offering low-latency, energy-efficient and cost-effective connectivity to drive innovation and economic growth across the region. Recently, Nokia reported weaker-than-expected second-quarter 2025 results, with both top and bottom lines missing the Zacks Consensus Estimate. The company's top line increased year over year, primarily owing to growth in fixed networks and optical networks in the Network Infrastructure segment. Improvement in the Cloud and Network services also supported the top-line growth. However, weakness in the Mobile Networks reversed this trend. Nokia operates in a highly competitive telecom equipment market. Its key rivals include Ericsson ERIC and Ubiquiti Inc. UI, both strong players in the industry. Ericsson is a leading provider of communication networks, telecom services and support solutions. Ericsson continues to execute its strategy to become a leading mobile infrastructure provider and establish a focused enterprise business. ERIC's patent licensing business continues to perform well on the back of a strong intellectual property rights (IPR) portfolio. Ubiquiti offers a comprehensive portfolio of networking products and solutions for service providers and enterprises. Ubiquiti offers high-performance radios, antennas, software, communications protocols and management tools that are designed to deliver carrier and enterprise-class wireless broadband access and other services primarily in the unlicensed radio frequency spectrum. UI is benefiting from healthy order trends with a flexible and adaptable business model. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Ericsson (ERIC) : Free Stock Analysis Report Nokia Corporation (NOK) : Free Stock Analysis Report Ubiquiti Inc. (UI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Malay Mail
25-06-2025
- Malay Mail
State Works Dept director to be charged with bribery over govt maintenance projects, RM61m in assets seized or frozen
PUTRAJAYA, June 25 — A Public Works Department (JKR) director of a certain state will be charged at the Kuala Lumpur Sessions Court tomorrow in connection with a corruption case involving the receipt of bribes from several contractors linked to government maintenance projects. Malaysian Anti-Corruption Commission (MACC) Deputy Chief Commissioner (Operations) Datuk Seri Ahmad Khusairi Yahaya said investigations revealed that the director, along with several other officers of the state involved, were believed to have received bribes from contractors in exchange for securing projects worth hundreds of thousands of ringgit. 'The investigation was conducted by the MACC's Special Operations Division, and the prosecution will charge the main suspect under Section 165 of the Penal Code involving five charges,' he said at a press conference here today. Ahmad Khusairi said the investigation also led to the seizure and freezing of assets amounting to RM61.3 million involving 79 individual accounts and 16 company accounts. Among the seized assets, he said, were luxury vehicles, cash, and several properties believed to have been acquired through corrupt activities. Ahmad Khusairi stressed that firm action will continue to be taken against civil servants who abuse their positions for personal gain, especially in matters involving the integrity of government projects. — Bernama
Free Malaysia Today
05-06-2025
- Politics
- Free Malaysia Today
Avoid political slogans in govt projects, academic says
The 1Malaysia brand was synonymous with the administration of former prime minister Najib Razak. (Bernama pic) PETALING JAYA : An academic has advised against naming government projects after the slogans adopted by individual administrations, following plans for the construction of a 'Madani City' in Putrajaya. Zairul Noor of Universiti Putra Malaysia said the names of government projects or policies should be 'timeless' and not tied to any particular administration to ensure their acceptance. He said this approach would also help prevent wastage in terms of rebranding in the event of a change in government. He added that doing away with names tied to political slogans would ensure the continuity of the policies in question. He gave the example of the 1Malaysia brand which was synonymous with the administration of former prime minister Najib Razak. 'Billboards, official documents, and visual elements (which had the 1Malaysia logo) had to be replaced, and it cost a lot to do so. It was a waste of public funds,' Zairul, a lecturer in architecture, told FMT. 'For a country that is encouraging fiscal prudence, the tendency to incorporate politics in branding should be avoided.' In 2023, it was reported that the administration of Ismail Sabri Yaakob, the country's ninth prime minister, had spent a little over RM62 million on the rebranding of his 'Keluarga Malaysia' government. The 'Kerajaan Prihatin' government of Ismail's predecessor, Muhyiddin Yassin, spent RM181,752 on rebranding exercises, while Anwar Ibrahim's administration spent RM489,216 on the 'Malaysia Madani' rebranding programmes. Two days ago, the government announced its plans for a 41-hectare 'Madani City' in Putrajaya. However, Zairul said the term 'madani' was tied to the concept of 'madaniyah' which revolves around building a community based on values, knowledge, and fairness. 'If the term selected is not just a political slogan, it will be accepted as long as it also promotes inclusivity,' he said.
