Ericsson to axe 1,600 Swedish jobs
News The cuts follow lay offs in other markets, including France, Canada, and Spain This week,...
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Tag: Ericsson
Ericsson’s 5G kit to connect Saudi Arabia’s railway system
Ericsson and Saudi Railway Company (SAR) have signed a Memorandum of Understanding (MoU) to collaborate on advancing rail operations through 5G technology.
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Tech giants’ strategic shift to boost margins
Nokia and Ericsson pivot to cost control and high-growth segments amid market changes.
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VodafoneThree drops Samsung, relies on Nokia and Ericsson for £2bn network upgrade
Just a few months after its creation, VodafoneThree has today announced the next major milestone in building the UK’s best network, with the appointment of strategic build partners to support the delivery of one of Europe and the UK’s largest, privately-funded infrastructure projects, totalling contracts worth more than £2 billion.
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Anritsu Service Assurance joins Ericsson’s Enterprise Wireless Solutions program
Anritsu Service Assurance Joins Ericsson’s Enterprise Wireless Solutions Technology Alliance Partner Program
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Ericsson and SoftBank sign “next-generation” AI MoU
Ericsson and SoftBank have signed a Memorandum of Understanding (MoU) to collaborate on the development of next-generation telecom technologies, including AI, Cloud RAN, Extended Reality (XR), and 6G, aiming to establish a strategic partnership towards 2030
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“European competitiveness has one foot in the morgue,” warns Nokia CEO
In a rare display of unity, today the CEOs of telecoms tech rivals Nokia and Ericsson both took to the stage at the New Industrial Ambition for Europe summit in Brussels, arguing that Europe needed major reform to ensure competitiveness on the global stage.
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Indosat accelerates monetization efforts and streamlines time-to-market with Ericsson
Indosat Ooredoo Hutchison and Ericsson today announce the successful deployment of the world’s first full-stack Digital Monetization Platform (DMP), marking a significant milestone in Indonesia’s digital transformation journey.
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Ericsson and MasOrange partner for 5G Open RAN network in Spain
Ericsson has partnered with newly merged MasOrange, Spain’s largest telco, in a five-year project to upgrade its network with Open RAN technology.
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Ericsson new 5G Advanced software targets programmable networks
Today, Ericsson (NASDAQ: ERIC) unveils seven 5G Advanced software products designed to empower CSPs with high-performing programmable networks. These innovations will elevate performance, enhance user experience, and drive revenue growth and operational efficiency, opening up new possibilities for the industry.
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Nigerian government working with Ericsson to build 5G future
The Nigerian government has signed an agreement with Ericsson to collaborate on developing and deploying 5G technology. The memorandum of understanding (MoU) was signed during a government visit to Ericsson’s headquarters in Stockholm late last week, led by Nigeria’s Vice President Kashim Shettima.
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Ericsson wins multi-billion Bharti Airtel contract
Sweden’s Ericsson has won a new multi-billion dollar 5G equipment contract with Bharti Airtel according to an exclusive Reuters article published this week, citing people familiar with the matter.
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Vodafone Idea strikes $3.6bn deal with Nokia, Ericsson, and Samsung
This week, Vodafone Idea has concluded a $3.6 billion telecoms equipment deal with Ericsson, Nokia, and Samsung.
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AT&T signs new deal with Nokia for fibre network kit
Nokia has signed a multi-year deal with AT&T to help upgrade and expand its fibre network. The companies say that the deal will “accelerate future-ready fibre broadband growth” across the US.
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Telstra and Ericsson deploy new RAN Compute platform
Ericsson and Telstra today announced a groundbreaking, world-first achievement in mobile connectivity with the deployment of Ericsson’s 4th generation of Radio Access Network (RAN) purpose-built compute platform, paving the way for a consistent 5G Advanced platform for Australia.
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Ericsson sells iconectiv to Koch Equity for $1bn
Ericsson has announced it will sell its US subsidiary, iconectiv, to Koch Equity Development, for SEK 10.6 billion ($1 billion). The sale is expected to be finalised in the first half of 2025, subject to regulatory approval.
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Ericsson’s Vonage woes continue as company writes down further $1.1bn
Today, the company’s fortunes continue to slide, with Ericsson writing off a further $1.1 billion for Q2 this year. In total, this leaves Vonage worth only around a third of what Ericsson paid for it just two short years ago.
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Ericsson Mobility Report: 5G driving change in service providers’ FWA strategies
Ericsson has released its latest Mobility Report, which showcases that 5G uptake continues to be robust and there’s potential for 5G to bridge rural connectivity gaps through the growth in fixed wireless access services.
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Vodafone looks to sell $2.3 billion Indus Towers stake
Vodafone is seeking to sell its 21.5% stake of India’s Indus Towers, which is worth around $2.3 billion, sources familiar with the matter told Reuters. Bank of America, Morgan Stanley, and BNP Paribas have been hired to manage the sale in the Indian market.
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Telefónica Germany and Ericsson renew core network partnership
Ericsson and Telefónica Germany have agreed to extend their core network partnership. The deal extends their initial core partnership, which first began back in 2020.
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