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Tag: Ericsson (page 1 of 1)

India to have 330 mn 5G subscriptions by 2026: Ericsson

Swedish telecom gear maker Ericsson predicts 26% of Indians (330 mn) to have 5G subscriptions by 2026. 4G is estimated to grow from 680 mn in this year to 830 mn in 2026, growing at a CAGR of 3%. The study also suggested that India could see 40 mn users in the first year of the launch of 5G. It also predicts smartphone subscriptions to reach 1.2 bn by 2026 as compared to 810 mn in 2020, growing at a CAGR of 7%.

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Within a year of launch 40mn Indians could switch to 5G

With 5G being released in 2021, over 300mn users globally could upgrade to the network services including 40 mn Indians, said an Ericsson ConsumerLab report. India seems to have the highest expected rise in upgrading to 5G when it’s launched (67% of users). Indian customers are ready to pay 50% more for bundled digital services. Users in India expect higher speeds than 4G and innovation such as data sharing between family members or devices.

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Nokia navigates growth with 5G, new strategy 

Nokia posted quarterly revenue of 5.08 bn euros ($6.16 bn), a 3% rise, to beat the analysts’ average forecast of 4.72 bn euros. The sale from Network infrastructure products, including optical and fixed network products, jumped 28% to 1.73 bn euros. The growth path can be attributed to Nokia’s new strategy and higher sales of  5G equipment. Nokia and Ericsson, both, have been winning customers as telcos start rolling out 5G and China’s Huawei faces curbs.

TCS, Ericsson join hands to build cloud-based R&D workplace

TCS will help Ericsson to build and operate a Cloud-based R&D digital workplace. The partnership will help Ericsson to enable anytime-anywhere access and automated delivery of the development environment for its global R&D workforce. TCS will also support Ericsson’s globally distributed teams with on-demand, zero-touch, and remote provisioning. It will also launch a 24×7 Command Center at Hyderabad, India, to help Ericsson accelerate R&D efforts.

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After Sony, Nokia and Ericsson, Google pulls out of MWC 2021

Google said that it will not be exhibiting Mobile World Congress 2021, the world’s largest mobile phone show. Earlier, Nokia, Sony, Ericsson and Oracle also pulled out from the show. “Following our current COVID-19 travel restrictions and protocols, Google has made the decision to not exhibit at Mobile World Congress this year,” Google said in a statement. GSMA, the organisers of MWC, in Feb laid out a proper plan for the physical event.

Over 1 bn users will have access to 5G coverage by end this year: Ericsson

Ericsson Mobility Report estimates that 40% of mobile subscriptions in 2026 will be 5G. It also predicts that the end of 2020 will see over 1 bn people, about 15% of the world’s population, will have 5G coverage and 220 million have 5G connection. In 2026, 60% of the world’s population will have access to 5G coverage, with 5G subscriptions forecast to touch 3.5 bn. In India, 5G will represent 27% of mobile subscription by the end of 2026, said the study.

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Ericsson acquires leading network solutions provider Cradlepoint for $1.1 bn

Ericsson has acquired Cradlepoint, the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions, for $1.1B. The combined offering will support full 5G-enabled network services, creating new revenue streams for enterprise customers. The transaction will close before the Q4 2020 end, subject to closing conditions. With this acquisition, Cradlepoint will become a fully-owned subsidiary of Ericsson, while continuing to operate under its existing brand.

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Ericsson launches integrated Packet Core Firewall to boost 5G core security

Ericsson has launched the Ericsson Packet Core Firewall to advance cost-effective 5G core network security for communication service providers. Powered by A10 Networks’ advanced security technology, the solution also supports end-to-end network slicing and edge computing. Ericsson Packet Core Firewall solution comes together with Ericsson Packet Core Gateway and integrates user plane and security functions in a single Cloud-native Network Function.

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Chinese Telecom firms Huawei, ZTE losing customers worldwide

Chinese Telecom firms Huawei, ZTE have been labelled as a national security threat. Thus, the US, UK, Australia have banned equipment purchase from them. Germany, France are looking for alternatives. This gives huge space for competitors – Ericsson, Samsung, Nokia. Data theft, security implications will determine 5G vendors for India. Data integrity consideration will be more important than cost considerations.

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