Gov’t Considers Exchanging Lands with NHT for Budgetary Support

first_imgAdvertisements Gov’t Considers Exchanging Lands with NHT for Budgetary Support InformationMarch 4, 2013 FacebookTwitterWhatsAppEmail Minister with responsibility for Information, Senator the Hon. Sandrea Falconer, says the Government is looking at the option of providing the National Housing Trust (NHT) with lands in exchange for the $44 billion contribution from the Trust to support the national budget. Addressing the weekly Jamaica House press briefing on Wednesday, February 27, Minister Falconer stated that the NHT is always in need of lands for housing solutions, and that “the Government does, in fact, own thousands of acres of land, which could be of benefit to the Trust”. She said discussions are ongoing over whether this kind of transaction could be an option, and would further inform the public when these talks are concluded. The Government will be utilising $11 billion per annum for four years from the NHT for budgetary support. This is part of a number of measures being taken to ensure that the country signs an agreement with the International Monetary Fund (IMF). An IMF deal will allow access to critical funding as well as indicate to other multi-lateral partners that the Government is prudently managing its fiscal affairs. It will also boost investor confidence. RelatedNo Let Up in NHT Housing Provisionscenter_img RelatedGov’t Considers Exchanging Lands with NHT for Budgetary Support RelatedArchives Critical to Jamaica’s Historylast_img read more

Ericsson targets cloud to open 5G

first_imgHome Ericsson targets cloud to open 5G Kavit joined Mobile World Live in May 2015 as Content Editor. He started his journalism career at the Press Association before joining Euromoney’s graduate scheme in April 2010. Read More >> Read more MásMóvil amplía su contrato con Ericsson Previous ArticleUS dealt another blow in WeChat ban sagaNext ArticleJapan government targets mobile cost reductions Related Español Former Ericsson employees charged in bribery case Authorcenter_img Kavit Majithia Ericsson, Leonardo team on 5G products Swedish vendor Ericsson outlined details of a new Cloud RAN portfolio, due to be released in 2021, aimed at offering operators more flexibility with their infrastructure builds and serve as a catalyst for more openness.The company stated Cloud RAN will be released in stages to match operators’ 5G rollout schedules, beginning in Q4 2021. It is designed to handle the compute functionality in the RAN, complementing purpose-built baseband offerings in the radio system portfolio.It is further intended to deliver network capabilities for large-scale and centralised 5G deployments, addressing new use cases for indoor, enterprise, stadium and beyond.Ericsson explained operators would also be able to “incrementally” add Cloud RAN capabilities to their existing 5G networks, because it is fully compatible with the vendor’s radio system portfolio, and is compatible with spectrum sharing, non-standalone and standalone 5G.The first stage covers low band 5G “to enable an easy transition to virtualised RAN” using commercial hardware platforms. It will also offer mid-band compatibility in future said Ericsson.Initially complementaryPer Narvinger, head of Product Area Networks at Ericsson, told Mobile World Live in an interview the company pictures the cloud-based solution complementing its traditional radio portfolio initially, but added there was a “long journey” ahead as to whether one “would precede the other”.Indeed, Ericsson has already thrown its support towards open RAN networks, backing itself to be a major player in the technology’s development.Narvinger believes the Cloud RAN would serve as the “foundation” for open innovation in the industry, and suggested Ericsson’s product perhaps had more credibility than rival offerings, given its strong position in the vendor market.Every major customer globally had trialled the cloud solution and the vendor is now developing a “roadmap for commercialisation”, added Narvinger. Subscribe to our daily newsletter Back Tags AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore16 27 OCT 2020 Ericssonlast_img read more