The FINANCIAL — Ericsson (NASDAQ: ERIC) and wholesale telecom infrastructure company, CETIN, have signed a five-year contract to bring 5G to the Czech Republic. The deal makes Ericsson the supplier behind CETIN’s network modernization, which will see their existing legacy network transformed to establish
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The FINANCIAL — The 5G consumer market could be worth USD 31 trillion by 2030 globally, according to the new Harnessing the 5G Consumer Potential report from Ericsson (NASDAQ: ERIC) ConsumerLab. The report estimates that communications service providers (CSPs) could earn USD
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The Financial — A series of contracts in Kenya, South Africa, Madagascar and Benin, among others, highlight Ericsson’s growing footprint in Sub-Saharan Africa as communications service providers move to strengthen their networks and cater to demand for enhanced mobile services. Find out more
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The FINANCIAL — Powered by Ericsson 5G technology including Ericsson Radio System products and solutions and using hardware produced in Estonia, Telia will be the first carrier to launch 5G in the country, providing high-speed connections to its customers and enabling innovation
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The FINANCIAL — Ericsson (NASDAQ: ERIC) and Telstra have announced they will collaborate to develop an enterprise edge cloud solution developed specifically for the Telstra domain. This collaboration builds on the 2019 announcement between Ericsson, Telstra and an Australian financial institution, to
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The FINANCIAL — Ericsson (NASDAQ: ERIC) has completed its acquisition of Cradlepoint, the US-based market leader in Wireless WAN Edge 4G and 5G solutions for the enterprise market. The investment is key to Ericsson’s ongoing strategy of capturing market share in the
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The FINANCIAL — Telia Company has entered into a strategic partnership with Ericsson to modernize its mobile network and rollout of 5G across Lithuania. The five-year partnership agreement will enable better digital experiences to customers and society and pave the way for
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The FINANCIAL — Airtel Africa is expanding its strategic partnership with Ericsson (NASDAQ: ERIC) to enable 4G coverage in Kenya. With Ericsson’s Radio Access Network (RAN) and packet core products for 4G, Airtel subscribers will experience enhanced quality of voice and data.
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The FINANCIAL — Ericsson reported its second-quarter 2020 results, which shows that the gross margin was higher than expected. Ericsson’s position could also be strengthened if more countries follow the U.K. and ban Huawi from 5G. Company is ready to deliver larger volumes of
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