Ericsson signs $8.3 billion 5G deal with Verizon
NEW DELHI:Ericsson said that it has signed $8.3 billion agreement with Verizon to provide its industry-leading 5G solutions to accelerate the deployment of Verizon’s world-class next-generation 5G network in the U.S. Niklas Heuveldop, President and Head of Ericsson North America, says: “This is a significant strategic partnership for both companies and what we’re most excited […]
Ericsson CEO lobbying against Swedish ban on Huawei, ZTE: Report
STOCKHOLM/NEW DELHI: Borje Ekholm, Chief Executive Officer (CEO) of Swedish telecom giant Ericsson, has been lobbying the government to repeal a ban that prohibits Huawei and ZTE from participating in the country’s 5G construction, according to local newspaper Dagens Nyheter. In a series of text messages to Swedish Foreign Trade Minister Anna Hallberg, the CEO […]
Nokia hires Nishant Batra as chief strategy and technology officer
NEW DELHI: Nokia today announced the appointment of Nishant Batra, a proven technology leader with broad global experience, as Chief Strategy and Technology Officer and member of the Group Leadership team, effective from January 18, 2021. Nishant joins Nokia from Veoneer in Sweden, a worldwide leader in automotive technology, where he was Executive Vice President […]
Ericsson estimates $31 trillion 5G consumer market by 2030
NEW DELHI: 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 ConsumerLab. The report estimates that communications service providers (CSPs) could earn USD 3.7 trillion of that total – a figure that could increase further as new adjacent digital […]
Ericsson’s new report puts spotlight on the future workplace of 2030
NEW DELHI: Before the COVID-19 pandemic emerged in early 2020, the idea of working and socializing from home was mainly a theoretical proposition. But less than a year later, that reality is suddenly the new normal for many of the world’s office workers. In the latest Ericsson IndustryLab study, The Dematerialized Office, early adopter white-collar […]
Airtel extends contract with Ericsson
NEW DELHI: Bharti Airtel and Ericsson have strengthened their long-standing partnership with a renewed multi-year contract to supply and deploy 5G-ready radio and transport solutions from Ericsson. The continued deployment of Ericsson Radio System products and solutions will enhance Airtel’s network capacity and deliver a superior experience to its customers. By using MINI-LINK 6000 products, […]
Airtel selects Ericsson for VoLTE expansion
NEW DELHI: Ericsson has been selected by Bharti Airtel (Airtel), India’s leading telecommunications services provider, to expand its VoLTE (voice over LTE) services in India. This agreement will result in deployment of the Ericsson Cloud VoLTE solution, an industrialized solution to deliver VoLTE services onto a customer data center. The solution enables high-definition voice (HD […]
RCom pays 458.77 crore to Ericsson; Anil Ambani wards off possible jail term
NEW DELHI: A day before the expiry of Supreme Court set deadline, Reliance Communications (RCom) Monday paid Rs 458.77 crore to Swedish telecom equipment maker Ericsson, clearing outstanding dues and fending-off a possible jail term for its billionaire Chairman Anil Ambani. Sources close to RCom said the payment was made to Ericsson Monday evening, a […]
Pay Ericsson Rs 453 crore or face jail: Supreme Court to Anil Ambani
NEW DELHI: Observing there was a ‘wilful default’, the Supreme Court on Wednesday held Anil Ambani, chairman of Reliance Communication(RCom), guilty of contempt of court and ordered the debt-laden company to clear the Rs 453 crore dues to Swedish telecom equipment maker Ericsson within four weeks or face a 3-month jail term. In a verdict […]
Ericsson to deploy 5G-ready LTE equipment for Vodafone Idea
NEW DELHI: Ericsson today announced that it has been selected by Vodafone Idea Limited (VIL), India’s leading telecom service provider, to deploy 5G-ready equipment across select markets in India. Vodafone India and Idea Cellular merged in August 2018, with the merger leading to one of the biggest telecom network integration and consolidation projects in the […]
Ericsson, Volvo Cars sign five-year Connected Vehicle Cloud worldwide deal
NEW DELHI: Ericsson has been selected by Volvo Car Group (Volvo Cars) to provide the industrialized Ericsson Connected Vehicle Cloud (CVC) platform to further enable its digital vehicle services in more than 120 markets worldwide for the next five years. Volvo Cars, like other major players in the automotive industry, is increasing focus on securing […]