The layoffs are part of a broader global restructuring effort to align with shifting market dynamics and optimising operations. Sources told Moneycontrol that the job cuts are primarily affecting employees in the radio and RAN engineering departments, mirroring similar reductions seen in the US.
The deal by Aramco Digital, the wholly-owned technology subsidiary of the oil giant, would be its first major transaction in the telecommunications industry as part of Saudi Arabia’s Vision 2030 plan, which focuses on technological advancements and economic diversification.
On Feb 23, Vodafone Idea said that its Open RAN network was carrying live commercial data traffic ahead of a planned large-scale deployment of its 5G network
The cash-strapped telco is working with United States-based telecom gear maker Mavenir for this commercial phase of Open RAN network pilot deployment, which started in September 2023.
In previous generations of networks, carriers purchased hardware and software as an integrated package from suppliers such as Nokia, Ericcson or China's Huawei Technologies Co Ltd.