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Ericsson cleans up in MENA with a trio of 5G deals

2019-02-27 01:00:00| Total Telecom industry news

Ericsson has been awarded a trio of commercial rollout contracts for 5G networks in the Middle East, according to a company release. At MWC 2019 in Barcelona this week, Ericsson revealed that it has signed 5G partnerships with Saudi Telecom in Saudi Arabia…read more on TotalTele.com »

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Ericsson acquires Kathrein's antenna, filters ops

2019-02-25 09:17:00| Telecompaper Headlines

(Telecompaper) Ericsson has acquired the antenna and filters business of German antenna manufacturer Kathrein. No financial details were provided about the deal, which is expected to close in the third quarter, subject to the usual conditions and approvals. Ericsson only noted that the operations reported revenues in 2018 of USD 270 million, excluding sales to Ericsson itself.

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Veon revises Ericsson contract, to receive USD 350 mln

2019-02-25 06:11:00| Telecompaper Headlines

(Telecompaper) Veon has revised its contract with Ericsson to upgrade its core IT systems in several countries in the coming years and to release Ericsson from the development and delivery of the Full Stack Revenue Manager Solution. Veon and Ericsson have signed binding terms to vary the existing agreements, and as a result, Veon said it will receive USD 350 million during the first half of this year.

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Ericsson: 2019 is the year that we switch on 5G

2019-02-25 01:00:00| Total Telecom industry news

Ericsson began MWC 2019 in buoyant mood, claiming that 2019 would be the year in which the Swedish tech giant kicked off 5G rollouts around the world.  “We are truly switching on 5G around the world in 2019,” the company’s CEO, Börje Ekholm, told journalists at Ericsson’s welcoming address in Barcelona.  “Consumers and enterprises are waiting for 5G,” Ekholm said. “According to Ericsson ConsumerLab research, one-third of smartphone users globally will change either immediately or within six months to a service provider that switches on 5G,” he said.  Ericsson has won 10 commercial 5G rollout contracts across the world, particularly in the US and Asia, but it is the company’s home market of Europe that could hold a few surprises in the weeks and months ahead.   Total Telecom spoke to Ericsson’s head of market area for Europe and Latin America, Arun Bansal, to uncover the challenges and opportunities that 5G is presenting for Ericsson around the world.    5G in Europe  While Ericsson has performed particularly strongly in the US and Asia…read more on TotalTele.com »

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Singtel, Optus, Ericsson and OPPO make 5G AR call between Singapore and Australia

2019-02-22 09:00:09| Digital TV News

Singtel, Optus and Ericsson have made a 5G video call with Augmented Reality (AR) between Singapore and Australia. Made with OPPO 5G test devices, the call marks the latest 5G highlight for Singtel, Optus, Ericsson and OPPO.

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