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Ericsson Mobile Financial Services tops digital wallet ranking by Juniper Research
- Ericsson Wallet Platform has been enabling mobile financial services for over a decade
- Every fifth mobile money transaction globally is processed through Ericsson Wallet Platform
- Total value of digital wallets transactions is expected to rise from $9 trillion to over $16 trillion by 2028 as per Juniper Research
Ericsson announces impairment charge of SEK 32 billion and provides update on Q3 earnings
- Non-cash impairment of SEK 32 billion in the third quarter 2023, relating to the impairment of goodwill attributed to the Vonage acquisition.
- Vonage remains critical to the enterprise strategy and Ericsson’s positive outlook on the potential of the Global Network Platform remains unchanged.
- Ericsson also announces highlights from the Q3 results with a group EBITA margin excluding restructuring charges of 7.3% which is in line with previous guidance.
- Also available in:
- Svenska
Microwave technology advances to meet rising demand for 5G wireless backhaul
The potential of E-band to fulfill the backhaul capacity needs of most 5G deployments beyond 2030 is among the key topics of the Microwave Outlook 2023 report out today. The 10th edition of this industry report from Ericsson also looks at the latest innovations in antenna designs and how AI and automation can lower operational costs of transport networks.
- Also available in:
- 简体中文
Ericsson announces changes to the Executive Team
- Chris Houghton, currently Senior Vice President and Head of Market Area North East Asia, is appointed Chief Operating Officer.
- Åsa Tamsons, currently Senior Vice President, Business Area Technologies & New Businesses, is appointed Head of Business Area Enterprise Wireless Solutions.
- Also available in:
- Svenska
Invitation to media and analyst briefing for Ericsson Q3 2023 report
- Report to be released at approximately 7:00 AM CEST on October 17, 2023
- One live video webcast for analysts, investors and journalists at 9:00 AM CEST
Ericsson Transport and 5G Core portfolios: compliance with global network security standards reaffirmed
Ericsson’s dedication to maintaining the highest network security standards for its Transport and 5G Core network products has been reinforced by the results of the latest Network Equipment Security Assurance Scheme (NESAS) and Security Assurance Scheme (SCAS) evaluations.
Ericsson ConsumerLab report highlights differentiated 5G connectivity opportunity for CSPs
- Twenty percent of 5G smartphone users willing to pay premium to CSPs for differentiated quality of service over 5G
- 5G consumers three times more likely to switch provider because of poor connectivity experiences at major venues such as stadiums, arenas and airports
- Ericsson CTO, Erik Ekudden: ConsumerLab 5G research reinforces the value-add business potential of network Application Programming Interfaces (APIs)
India to witness accelerated 5G adoption: Ericsson Consumer Lab's survey reveals
- In 2023, 31 million users in India are expected to upgrade to 5G phones.
- 5G in India has elevated overall network satisfaction by an impressive 30% compared to 4G.
- One in five are willing to pay a 14% premium for innovative services and differentiated 5G connectivity.