Ericsson has agreed to sell its majority stake in iconectiv, a digital identity and number portability solutions provider, to Koch Equity Development (KED) for SEK 10.6 billion (about $1 billion). The sale includes Francisco Partners' nearly 17 percent stake in iconectiv, which it acquired in 2017. The transaction, subject to regulatory approvals, is expected to be finalized in … [Read more...] about Ericsson to Sell Phone ID Business for $1B
Ericsson Report Finds Consumers Use Less Wi-Fi After Upgrading to 5G
Ericsson’s ConsumerLab has released a new report that suggests that 5G devices are already encouraging early adopters to change the way they use their smartphones. The report is the largest 5G consumer study performed thus far, and reflects the representative feedback of people in 26 global markets with more than 1.3 billion individual smartphone users. Of those 1.3 … [Read more...] about Ericsson Report Finds Consumers Use Less Wi-Fi After Upgrading to 5G
Ericsson Buys 5G-focused Cradlepoint in $1.1B Transaction
In the latest sign of its continuing efforts to establish itself as a leading global 5G solutions provider, Ericsson has acquired the US firm Cradlepoint. Offering multiple cellular connectivity technologies, Cradlepoint has been focused on the enterprise market and has also aimed solutions at first responders. It is now being integrated into Ericsson's Business Area … [Read more...] about Ericsson Buys 5G-focused Cradlepoint in $1.1B Transaction
Italian Telecom Uses Ericsson Tech to Improve Voice Services
The Italian telecommunications company TIM has deepened its relationship with Ericsson. The extended partnership specifically concerns Ericsson’s IP Multimedia Subsystem (IMS), which TIM will be using to expand its own IMS network. With Ericsson IMS, TIM will be able to provide better Voice over LTE (VoLTE) and broadband services to its clientele. In that regard, the … [Read more...] about Italian Telecom Uses Ericsson Tech to Improve Voice Services
Verizon and Ericsson Complete Test of Pop-Up 5G Towers
Ericsson and Verizon have completed a successful test of a battery-powered wave cell site built with Integrated Access Backhaul (IAB) technology. The result is essentially a pop-up 5G tower that can be deployed in a pinch to augment or expand an existing 5G network. As it stands, 5G cell towers use the millimeter wave spectrum to relay information to individual devices. … [Read more...] about Verizon and Ericsson Complete Test of Pop-Up 5G Towers
Rogers Launches Canadian 5G Networks with Ericsson Tech
Rogers Communications has officially deployed Canada’s first commercial 5G networks. The networks are being introduced in the respective downtown cores of Vancouver, Toronto, Ottawa, and Montreal, and in several of the country’s largest sports and concert venues. The list includes the Rogers Centre and the Scotiabank Arena in Toronto, and Rogers Arena in Vancouver. The … [Read more...] about Rogers Launches Canadian 5G Networks with Ericsson Tech
Ericsson and O2 to Expand UK 5G Network
Ericsson will continue to work with O2 to extend the reach of its 5G radio access network (RAN) in the UK. O2 launched its initial 5G network in October, and will now be moving to the western part of the country to update its existing 2G, 3G, and 4G infrastructure. As it did with O2’s original 5G network, Ericsson will be providing both the hardware and the software for … [Read more...] about Ericsson and O2 to Expand UK 5G Network
Bell Canada Partners with Ericsson to Build Nationwide 5G Network
Ericsson will be providing the Radio Access Network (RAN) technology for Bell Canada’s commercial 5G network. The two companies previously collaborated on a 4G LTE network. Bell Canada will eventually offer nationwide 5G coverage, and is hoping to increase its footprint when the Canadian government auctions off the 3.5 GHz spectrum later in the year. “Ericsson plays an … [Read more...] about Bell Canada Partners with Ericsson to Build Nationwide 5G Network
Ericsson President Continues to Push 5G in Digital Keynote
Ericsson President and CEO Börje Ekholm kicked off the company’s UnBoxed Office series of online events with a keynote speech delivered from his home. In the keynote, Ekholm addressed some of the most pressing challenges facing the mobile industry during the COVID-19 crisis. “Our highest priority remains the health, safety and wellbeing of our employees, our customers and … [Read more...] about Ericsson President Continues to Push 5G in Digital Keynote
Ericsson Details its Response to COVID-19 in New FAQ
Ericsson has taken the time to answer some of the most commonly asked questions about its response to the coronavirus. The tech giant confirmed that it is continuing to monitor the situation, and that it is following the public health recommendations of local and international authorities in its various areas of operation. In the meantime, Ericsson noted that mobile … [Read more...] about Ericsson Details its Response to COVID-19 in New FAQ
Ericsson, Telenor, and Sony Team up on Location Tracking Services
Ericsson is teaming up with Telenor and Sony Network Communications Europe to develop better IoT monitoring solutions. The new offerings will leverage Sony’s Visilion and mSafety platforms in conjunction with Ericsson’s IoT Accelerator and Telenor’s network to deliver real-time location tracking services. The three partners believe that their solutions will have applications … [Read more...] about Ericsson, Telenor, and Sony Team up on Location Tracking Services
Ericsson CEO Stresses 5G Success in AGM Statement
Ericsson CEO Börje Ekholm emphasized his firm's success in making 5G technology a reality in remarks opening the company's Annual General Meeting this week. In his opening speech, Ekholm noted that Ericsson technology was used in the world's first 5G network, launched last year, and that this was also true of Europe's first 5G network. He also asserted that Ericsson has 27 … [Read more...] about Ericsson CEO Stresses 5G Success in AGM Statement
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