• KFSN – Fresno

    1 killed after tractor-trailer crashes into car near Fowler

    CHP officers say it appears the driver of the tractor-trailer didn't the see car approaching and pulled out in front of the car, causing the collision.

  • Evergrande Property's Hong Kong IPO meets with lukewarm reception, raises $1.8 billion

    Evergrande Property's Hong Kong IPO meets with lukewarm reception, raises $1.8 billion

    Evergrande Property Services Group's Hong Kong IPO priced at the lower end of expectations to raise $1.8 billion, three sources said, the tepid demand underscoring concerns about the financial health of its debt-laden parent. The offering comes after a run of setbacks for China Evergrande Group, the country's second-biggest and most indebted property developer with some $124 billion in borrowings as of June. These include a secondary share sale last month that raised only half its initial target and the dropping of a plan to inject most of its property assets into a Shenzhen company via a backdoor listing.

  • Nokia provides province-wide 5G private wireless network to Citycom Telecommunication Graz, Austria

    Nokia provides province-wide 5G private wireless network to Citycom Telecommunication Graz, Austria

    Press Release  Nokia provides province-wide 5G private wireless network to Citycom Telecommunication Graz, Austria * Citycom Telecommunication Graz to offer high-availability autonomous private 5G networks for enterprises, public services and high-quality business solutions   * Subsidiary operator of Holding Graz GmbH, Citycom Graz will provide ICT services exclusively for priority business customers in Austria * Smart City IoT use cases developed on private network are initial priority   * University of Graz to develop 5G IoT use cases on Nokia IMPACT IoT software platform  26 November 2020Espoo, Finland – Nokia has been selected by Citycom Telecommunication Graz to deliver a 5G network covering Graz and the entire province of Styria, Austria. Following deployment, Citycom Graz will offer autonomous industrial-grade private wireless networks for public services and local businesses throughout the region.With initial implementation focused on IoT for Smart City applications, further use cases are being defined in close collaboration between Nokia and Citycom Graz. The network will also create new revenue opportunities for the city of Graz, as the primary stakeholder in Holding Graz, parent of Citycom Telecommunications Graz. Over time, Citycom Graz plans to invest more than €10M into the project. As part of this investment, the University of Applied Sciences, Graz will deploy the Nokia IMPACT IoT software platform, enabling it to research and develop future IoT use cases that leverage both local expertise and 5G networking.To support ongoing technical expertise in the region, the University of Applied Sciences, Graz will develop new IoT applications on the Nokia IMPACT IoT software platform as part of its post-graduate program. It is anticipated that this combination of 5G and IoT technologies will provide a platform for city innovation, developing use cases for deployment in local business and public services.Nokia IMPACT IoT platform offers a simplified, secure, standards-based, multi-tenant IoT platform to build and scale new IoT services, which enables governments to capture more customers, develop new business models, and differentiate their competitive position in the IoT market. Bernd Stockinger, General Manager, Citycom Telecommunications Graz, commented: “Given Nokia’s experience in providing robust, reliable private 5G networks we’re now able to provide the connectivity platform for technology innovations that can be utilized by a wide range of local stakeholders and public services providers.” Patrick Langelaan, Vice President Europe South, Nokia Enterprise, said, “More and more cities are realizing the benefits that low-latency, high-bandwidth connectivity can bring  -- delivering high productivity and efficiency as well as enhanced citizen quality of life. With an ultra-reliable, high-performance 5G network, the city of Graz can take advantage of new applications becoming available, while also creating a local ecosystem of IoT excellence through use case development at the University of Graz.”As utility entity of Holding Graz, Citycom Graz will deliver the commercial launch of the network in Q1 2021. Initially with 50 macro base stations in the first phase, full deployment will comprise more than 200 sites. In addition to end-to-end 5G networking and IoT IMPACT platform, Nokia will also provide ongoing managed services, network planning and optimization. Citycom Graz is the latest operator to benefit from Nokia’s IMPACT software solution, with customers spanning other parts of Europe, as well as Latin America, Asia Pacific and North America.Additional resources * Webpage: Future X Cities: Connecting your city to its future * Webpage: IMPACT IoT platformAbout Nokia  We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.  Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com  and follow us on Twitter @nokia. Media Inquiries: Nokia Communications Phone: +358 10 448 4900 Email: press.services@nokia.com