Ericsson, as previously outlined, expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious. In line with managing lower volumes, Ericsson has announced staff reductions in Sweden. The company says the measure “is part of the global initiatives to improve the cost position, including headcount reductions, while maintaining investments […]
The GSMA has outlined the progress the mobile industry, and technology partners, are making in unlocking the full potential of 5G networks and commercialising network APIs through the GSMA Open Gateway initiative. A year since GSMA Open Gateway was unveiled at MWC 2023, 47 mobile operator groups, representing 239 mobile networks and 65 per cent […]
BT Group, Ericsson and Qualcomm Technologies, have successfully demonstrated end-to-end consumer and enterprise 5G differentiated connectivity enabled by network slicing on Ericsson’s 5G Core and Radio Access Network technology in the UK with devices powered by the Snapdragon 8 Gen 2 for Galaxy Mobile Platform. The trial, which took place at Adastral Park, BT Group’s […]
Ericsson has reported its Q4 and full-year results for 2023. Fourth quarter highlights include: Sales declined organically by -17 per cent YoY, driven by a -23 per cent decline in Networks. Reported sales were down by -16 per cent to SEK 71.9 billion (€6.3bn). Gross income excluding restructuring charges decreased to SEK 29.6 (35.7) billion. […]
Virgin Media O2 and Ericsson have partnered to demonstrate the potential of network slicing, with a trial that took place at MCM Comic Con in Birmingham. The trial saw the augmented reality eSport, Hado, run on a dedicated slice on Virgin Media O2’s 5G standalone network, which enabled remote play and live broadcasting. Competitors taking […]
Ericsson estimates that almost one-in-five of all global mobile subscriptions will be 5G subscriptions by the end of 2023, as the growth proves resilient despite continued economic challenges and geopolitical unrest in some markets. The statistic is featured in the November 2023 edition of the Ericsson Mobility Report, which estimates that there will be 610 […]
Ericsson has reported that its Q3 net loss attributable to owners of the parent company was SEK 30.67 billion (€2.66bn) or SEK 9.21 per share compared to net income of SEK 5.21 billion or SEK 1.56 per share last year, impacted by SEK 31.9 billion impairment of goodwill related to the acquisition of Vonage. Q3 […]
One-in-five 5G smartphone users seeking differentiated 5G service experiences, such as quality of service, for demanding applications are willing to pay communications service providers (CSPs) a premium of up to 11 per cent to enjoy the value-added connectivity, according to research from Ericsson ConsumerLab. The satisfaction and user-loyalty-focused report, 5G Value: Turning Performance into Value, […]
Ovyo, a video software, integration and delivery services company, has named Colin Morrison as its first Chief Revenue Officer. Morrison, who joins from VIDA, brings a long experience working in the video industry including heading up commercial teams at XPERI, Microsoft and Ericsson. Morrison will be based in The Netherlands and will be responsible for […]
BT and Ericsson have successfully demonstrated the transmission of 5G services in a wideband FDD (frequency division duplex) radio carrier (over 20MHz) within a sub-3 GHz spectrum band. The breakthrough trial demonstrated the benefits of configuring a wide carrier bandwidth of 50MHz (50MHz downlink + 50MHz uplink) in EE’s 2.6GHz band and performing downlink aggregation […]