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Ericsson to acquire Vonage for USD 6.2 billion to spearhead the creation of a global network and communication platform for open innovation
- Ericsson enters into agreement for USD 6.2 billion cash offer to acquire Vonage, a global provider of cloud-based communications, with unanimous approval of the Vonage Board of Directors
- Acquisition underlines Ericsson strategy to expand its presence in wireless enterprise and broaden its global offerings
- Robust performance and growth prospects are built on Vonage Communications Platform (VCP), which delivers about 80% of Vonage’s total revenues and, serves more than one million registered developers globally
- Transaction expected to be accretive to Ericsson’s EPS (excluding non-cash amortization impacts) and free cash flow before M&A from 2024 onwards
- Closing expected in the first half of 2022, subject to Vonage shareholder approval, regulatory approvals, and other customary conditions
Ericsson IndustryLab report predicts manufacturing transformation by 2030
The latest Ericsson IndustryLab Future of Enterprises report predicts widespread transformation of manufacturing enterprises in the coming years, including a rapid rise in ICT-enabled production tools such as augmented reality, exoskeletons and remote control.
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Ericsson launches Intelligent Automation Platform for smarter networks
- Ericsson Intelligent Automation Platform is an open service management and orchestration product that will help communications service providers optimize network performance, enable operational efficiency and deliver enhanced customer experience
- Delivers service management and orchestration functionalities in line with Open RAN principles, taking automation forward with support for diverse vendors and multiple radio access network technologies
- Enables ecosystem innovation through an open software development toolkit empowering CSPs and third parties to develop applications (rApps) with new services
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Ericsson and Ooredoo partner to ensure football fans have unforgettable 5G experiences at 2022 sports event in Qatar
- Ericsson will support state-of-the-art network optimization and event management in eight connected stadiums across six cities
- Network management partnership covers 5G experiences in airports, fan zones and major tourist attractions
- By utilizing the full potential of 5G, Ericsson and Ooredoo Qatar will deliver seamless, immersive and high-performance experiences
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Ericsson partners on 5G Core with SK Telecom to facilitate new mobile services
- Ericsson 5G Core supports SKT network’s 5G service expansion for both non-standalone and standalone services, by enabling the fast introduction of new services for consumers and enterprises
- Provides fully automated provisioning from infrastructure to cloud layer for more efficient operations
- Ericsson’s dual-mode 5G Core is deployed on the bare metal solution Ericsson Cloud Native Infrastructure
5G Pacesetter Communication Service Providers more likely to retain customers and grow revenues
- Study identifies four stages of 5G maturity among global service providers based on how well they use 5G to drive consumer satisfaction and grow their consumer business
- One-in-five studied CSPs classified as 5G Pacesetters, who are leading on 5G network quality, technology leadership, better marketing and consumer market service innovation
- 5G Pacesetter are three times more likely to retain customers and proactively drive innovation by offering at least three 5G services including cloud gaming and AR/VR
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Ericsson ConsumerLab: Pace setting 5G CSPs twice as likely to grow revenue
- Study identifies four stages of 5G maturity among global service providers based on how well they use 5G to drive consumer satisfaction and grow their consumer business
- One-in-five studied CSPs classified as 5G Pacesetters, who are leading on 5G network quality, technology leadership, better marketing and consumer market service innovation
- 5G Pacesetter are three times more likely to retain customers and proactively drive innovation by offering at least three 5G services including cloud gaming and AR/VR
How to maximize IoT to advance the micromobility market
Micromobility companies offer congested cities an alternative to cars for short distances. By taking full advantage of cellular IoT, a new Ericsson report guides micromobility companies on how they extend the lifespan of electric scooters, optimize asset tracking and cost-effectively manage logistics.
Ericsson-enabled 5G robot Fable bridges school distance learning barriers in Denmark
An innovative 5G robot connectivity trial in Denmark has enabled a teenage student to join his classmates in real time, inside and outside the classroom, during the school day despite having a medical condition which prevents him from physically attending school.