Reported revenues up 10% year-on-year to SEK 54.8 billion and operating margin up to 6.8% from 0.3% a year ago, with 5G momentum cited as the growth driver.

SK Telecom announced that it launched the world's first 5G roaming service on midnight KST on July 16 through a strategic partnership with Swisscom.

Indian optical equipment vendor Tejas has bolstered its US team by hiring Paul Harrison, until recently VP of Metro Sales America for Infinera, as senior vice president sales for North America.

IBM believes the deal positions it as the leading hybrid cloud provider.

Deal for Australia-based fixed wireless tech company announced in February.