FT — Shares in Ericsson fell to a three-year low after the Swedish telecoms equipment maker admitted that it had “not been happy” with growth in recent years on the back of weak first-quarter results. The company has promised a turnround with a comprehensive restructuring and cost-cutting programme aimed at refocusing the group on future growth markets.
Digi Times — Quanta Computer has partnered with telecom equipment maker Ericsson to push the cloud computing datacenter market and the cooperation is expected to boost its telecom products’ revenue contribution in the cloud computing business from 3% currently to 40% after five years. Quanta’s cloud computing business has 97% of revenues contributed by datacenter orders from Google and Amazon.
Myanmar Times — The contract renews a March 2014 agreement between Ericsson and Telenor which designated the Swedish company its network supplier and managed service provider in Myanmar. This includes “deployment of 4G/LTE networks and transformation of 2G and 3G networks in Myanmar,” the company wrote in an email toThe Myanmar Times.
Telecom Asia — Indonesian telecoms operator XL Axiata has picked Ericsson to transform its network through the deployment of disaggregated architecture. Ericsson will deploy its full stack cloud solution, including the Ericsson Hyperscale Datacenter System 8000 based on Intel Rack Scale Architecture, and virtual network functions (VNFs) as part of XL Axiata’s cloud evolution and realization of Network Functions Virtualization (NFV).
Telecom Asia — Ericsson has secured a five-year contract with Telenor Group to deploy LTE networks in Thailand, Bangladesh and Malaysia. Under the deal, Ericsson will provide equipment for LTE rollouts by Thailand’s Dtac, Bangladesh’s Grameenphone and Telenor Myanmar. The contract also covers the transformation of Telenor’s 2G and 3G networks in the markets, to help improve network capacity and enhance the mobile broadband experience.
Channel News Asia — SINGAPORE: Local telco giant Singtel announced on Monday (Feb 22) that it will trial Narrow Band Internet of Things (NB-IoT) technology in the second half of 2016 as part of its partnership with Sweden’s Ericsson. Their collaboration, in place since January last year, aims to test technologies to prepare Singtel’s current 4G LTE network to support the expected rapid growth of connected devices as Singapore targets 5G availability in 2020.
Digi Times — Notebook ODM Quanta Computer on February 22 announced a partnership with Ericsson for cooperation to promote cloud computing solutions in the global market. Through the partnership, Quanta will supply hardware solutions for Ericsson and is expected to compete for orders and even sell hardware under its own brand QCT through Ericsson’s global service network to over more than 180 countries, according to Taiwan-based server supply chain makers.
Telecom Asia — Telstra and Ericsson signed a contract at the Mobile World Congress in Barcelona on Tuesday under which Ericsson will deploy a full-stack telecom cloud solution that includes NFV and SDN, and will focus initially on transforming the Australian telco’s wireless network and providing a 5G-ready core.
ZDNet — Singtel and Ericsson have announced their collaboration on enabling Singtel’s 4G network for the Internet of Things (IoT), including a trial of narrowband IoT technology during the latter half of 2016. Instead of using cellular networks for the IoT, narrowband low-power, long-range, wide-area networks that use available, unlicensed radio spectrum could allow for extended coverage and less complex devices with higher battery life, meaning more connected devices overall.
ZDNet — Ericsson and Amazon Web Services (AWS) announced overnight at Mobile World Congress (MWC) 2016 in Barcelona that they will be partnering on researching and launching telecommunications service provider hybrid cloud centres worldwide, with Telstra to be the first co-host. Ericsson is aiming to use AWS’ industry expertise in an effort to extend its own cloud programs, datacentres, and application migration solutions to accelerate cloud adoption for telcos in preparation of 5G and the Internet of Things (IoT).
Telecom Asia — Ericsson has reported a 23.4% increase in net profit for 2015 to 13.7 billion kronor ($1.61 billion), thanks to a strong fourth quarter and the impact of ongoing cost cutting efforts. Sales for the year increased 8% to 246.9 billion kronor, with growth in India, China and North America compensating for declines in Japan, Russia and Brazil.
Telecom Asia — Ericsson and Huawei have extended their global patent cross-licensing agreement covering wireless technologies including GSM, UMTS and LTE standard-essential patents. As part of the renewed agreement Huawei will make on-going royalty payments to Ericsson based on actual sales from 2016 and onwards. The commercial terms have not been disclosed.
Times of India — NEW DELHI: Finnish telecom gear maker Nokia has pipped arch rival Ericsson to secure a three-year 4G network deployment contract from India’s second largest telecom operator Vodafone for three of its most lucrative circles, a person familiar with the matter told ET. He, however, did not share the value of the contract for the three circles-—Mumbai, Kolkata and Punjab.
Ericsson and China Mobile Research Institute signed a memorandum of understanding to collaborate on “5G” research and development as well as “Internet of Things” technology. The agreement will initially cover a five-year period with the collaboration set to include verification, trial and standardization of a new 5G air interface for commercial deployment from 2020.
Zacks — Ericsson recently inked a Memorandum of Understanding (“MoU”) with China Mobile Research Institute (“CMRI”), the research wing of state-owned telecommunication company of China Mobile Limited, to foster 5G research and development. According to this agreement, the companies will work together to develop innovative 5G mobile network technologies to help revolutionize global information and communication technology.
Times of India — NEW DELHI: Ericsson expects the ongoing consolidation in the Indian telecom industry to offer a big business opportunity to the Swedish telecom gear maker’s managed services business. “It is a potential opportunity specifically from managed services view point. We do multivendor managed services, and are already managing all the other vendors in India,” Jeroen Dorrestein, vice president and head of operations, Ericsson India, told ET.
RT Telecom — Ericsson, the world’s largest telecom gear maker, has thrown its weight behind the auction of spectrum in the 700 MHz band, saying now is the right time for India to sell the bandwidth which can be used for 4G as the country is seeing a surge in adoption of data services. Speaking to ET’s Gulveen Aulakh, Ulf Pehrsson Ericsson’s vice president sales and marketing for government and industry relations said that the move would be forward looking as India could be among the quicker technology adopting countries worldwide, rather than a laggard. Edited excerpts:
Times of India — NEW DELHI: Telecom gearmaker Ericsson has announced a new unit — Industry and Society — that will focus on smart cities, the Digital India campaign and other technology projects from the government. It’s expected to account for 20% of the group’s overall business from India. “We are setting up a new unit ‘Industry and Society’ that will focus on Digital India, smart cities, public safety, utilities and transport segments. We are looking for a fifth of our business to come from our Industry and Society vertical by 2020,” Ericsson India vice president and head of engagement practices, Nishant Batra said.
Myanmar Times — Mobile subscribers globally for the third quarter came to roughly 7.3 billion, in line with the global population. Meanwhile, mobile subscriptions in Southeast Asia and Oceania will cross the 1 billion mark before 2016 and hit about 1.3 billion by 2021. After a banner year for telecoms in Myanmar, the country has about 36 million mobile subscribers – up by 5 million over last quarter, the report said.
Teleanalysis — Ericsson today announced a 5G research and development collaboration with KDDI, a leading telecommunications operator based in Tokyo, Japan. Under the agreement, the two companies will develop a joint understanding of 5G use cases, requirements and deployment scenarios, as well as evaluate performance and applicability of potential 5G key technology components. The areas of interest for the companies include radio and core technologies.
RCR Wireless — India and China are often thought of as the fastest-growing mobile markets, but the latest Ericsson Mobility Report shows the rest of the Asia-Pacific region growing faster than these two giants combined. Excluding China and India, the Asia-Pacific region added 26 million new mobile subscriptions in the third quarter, while India added 13 million and China added 7 million.
PRNewswire — DOHA, Qatar: Ooredoo Group and Ericsson have signed a frame agreement for the supply of radio, core and transmission solutions, as well as related implementation and integration services. The group frame agreement includes radio, core and transmission equipment as well as related services. The agreement also covers Ericsson’s Software model with its predefined software value packages, which ensures better performance and reduces time to market for new functionalities.
Economic Times — NEW DELHI: Ericsson, the world’s largest telecom gear maker, is bullish on the opportunity in the Indian market for its cloud vertical. Jason Hoffman, head of cloud technology at Ericsson, believes that the cloud business has the possibility to become the largest business within the company. Speaking to ET’s Danish Khan, Hoffman talks about the opportunity in the Indian market for the cloud vertical, the business potential and business model.
Digital News Asia — ERICSSON has launched the Ericsson Radio System and Ericsson Radio Dot System in Malaysia, saying these solutions are designed to deliver the capacity and quality required from local networks that were originally built and optimised to deliver voice services across a defined coverage area.
Business Cloud News — AT&T and Ericsson claim they’ve created an improvement to container technology that makes cloud telco platforms far more secure and yet easier to set up. They jointly presented their invention in proof of concept exercise, along with cloud service provider Apcera. Container technology, previously used for creating secure environments for text based office and enterprise productivity applications, has been tweaked in order to overcome some of its security limitations, when telecoms is handled in the cloud.
Times of India — NEW DELHI: Global telecom gear major Ericsson has registered its highest ever sales growth of 81% in India during three months to September, driven by higher investments in mobile broadband service. “The high level of mobile broadband investments, which started in the beginning of 2015, continued in the quarter with the main driver being mobile data traffic growth,” Ericsson said in its financial report today.
South Korea’s SK Telecom (SKT) and Sweden’s Ericsson have demoed 5G network slicing technology at the operator’s R&D centre in Bundang, a satellite city of Seoul. The firms said in a statement they created different virtual network slices and were able to isolate and protect the slices from one another, which claims to solve a major challenge that can arise when multiple virtual networks share one physical network.
Nasdaq — Ericsson ‘s endeavors toward developing robust 5G networks have earned accolades, with the company winning the “Biggest Contribution to 5G Development” award in this year’s Informa Telecoms & Media’s LTE Asia Award function. The “5G category” has debuted this year and Ericsson’s contribution to 5G radio test beds fetched it the award.
Channel News Asia — PARIS: Alcatel-Lucent said on Tuesday it will not sell its undersea cables unit, meaning the strategic business which underpins the global Internet will be taken by Nokia once it completes its acquisition of the Franco-American group. The Finnish firm said in April the 15.6 billion euro (US$17 billion) acquisition of network gear maker Alcatel-Lucent as they aim to better compete with market leader Ericsson and low-cost Chinese powerhouse Huawei .
Digital News Asia — CELLULAR provider PT XL Axiata Tbk has signed a three-year contract with Ericsson for the design and implementation of a 4G/LTE (Fourth Generation/ Long-Term Evolution) network and the upgrading of its existing 2G and 3G (Second and Third Generation) networks in Jakarta and Central Java.