Ericsson and e& UAE have achieved a significant breakthrough in 5G technology with the deployment of the Ericsson AIR 3229 dual-band Massive MIMO radio. This world-first deployment underscores their commitment to enhancing network capacity, improving energy efficiency, and delivering unparalleled connectivity to meet growing consumer demand in the UAE. The innovative AIR 3229 radio operates […]
Ericsson and Wipro Limited have successfully transformed Odido’s billing infrastructure by migrating 5 million customers to the cloud-native Ericsson Billing platform, hosted on Amazon Web Services (AWS). This large-scale transformation was executed in just one weekend, allowing Odido to roll out new 5G services like the Netherlands’ first fixed-wireless access (FWA) solution, Klik&Klaar. The migration […]
Vodafone Idea Limited has closed a $3.6 billion deal with global network providers Nokia, Ericsson, and Samsung. The agreement represents the largest capital expenditure commitment by the telecom giant, paving the way for network upgrades and expansion across India. This deal is the first phase of Vodafone Idea’s broader $6.6 billion investment aimed at expanding […]
Koch Equity Development LLC (KED), the principal investment and acquisition arm of Koch Industries, has announced its plan to acquire iconectiv LLC, a leading telecommunications solutions provider. The deal involves acquiring iconectiv from Ericsson (NASDAQ: ERIC) and Francisco Partners, marking a significant shift in the telecommunications sector. Deal Highlights and Strategic Significance Under the agreement, […]
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) has announced a major expansion of its 5G wireless network technology to enhance safety and efficiency in underground mining. This follows a successful trial at its Cadia mine in New South Wales, Australia, where the technology demonstrated substantial improvements over traditional Wi-Fi systems. 5G Implementation […]
Ericsson has unveiled the opening of registrations for the fifth edition of its Digital Lab program, designed to equip high school students in Rome, Milan, Genoa, Naples, and Pagani with advanced digital skills. This innovative training initiative aims to complement traditional education with hands-on digital expertise, preparing future talents to understand the technology-driven job market […]
In a significant development in the tech industry, Ericsson, a global leader in communications technology, has entered into a multi-year global patent cross-license agreement with OPPO, one of the top smartphone vendors globally. This pivotal agreement covers essential patents related to 3GPP cellular technology standards, including the advanced 5G technology. Under the terms of the […]
In a significant development in the telecommunications sector, Ericsson (NASDAQ: ERIC) has announced the extension of its research and development (R&D) partnership with King Abdullah University of Science & Technology (KAUST) for two more years. This decision follows the fruitful outcomes of their initial three-year collaboration, reinforcing their commitment to advancing cutting-edge technologies in telecommunications, […]
Ericsson has reported a decrease in organic sales by 14% year-over-year in the first quarter of 2024, with a significant 19% drop in Networks sales, as total reported sales decreased to SEK 53.3 billion from SEK 62.6 billion the previous year. Despite the downturn in sales, Ericsson achieved an improved gross margin excluding restructuring charges, […]
In a significant move to enhance its 5G network, TPG Telecom has rolled out new automated software features, designed to boost security, resilience, and reliability for its mobile customers. This advancement, achieved in collaboration with Ericsson, introduces an automated In-Service Software Upgrade (ISSU) capability within Ericsson’s dual-mode 5G Core. The deal, focusing on leveraging automation […]