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Correction of date for Ericsson’s fourth quarter report 2020
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Ericsson report: A guide to Industry 4.0 transformation with private cellular technology
The latest Ericsson report guides manufacturers on how to overcome challenges such as falling productivity and growth, disruptions in supply chain and legacy wired assets, and details use cases to describe what it takes to thrive in Industry 4.0. To accelerate the path to smart manufacturing, private cellular networks deliver fast, reliable, and secure connectivity required by manufacturers.
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Ericsson to power CETIN’s 5G transformation in Czech Republic
- Five-year, critical national infrastructure 5G deal between Ericsson and CETIN will transform region, with 5G set to deliver EUR 3718 million of net benefits for the Czech GDP
- CETIN will upgrade its 4G and legacy networks to 5G using Ericsson RAN and advanced antenna system portfolios
- Ericsson’s leading 5G technology will be available across the Czech Republic, including major cities such as Prague and Brno, primed for major digital transformation
5G can deliver EUR210 billion in benefits across Europe new study
Smart factories, agriculture and suburban and rural areas to have largest impact on GDP. Over 50€ billion of additional 5G benefit can be delivered for less than 20€ billion of public funding .
Ericsson estimates USD 31 trillion 5G consumer market by 2030
- 5G could drive up to USD 31 trillion in cumulative consumer revenue in the ICT industry by 2030
- Communications service providers (CSPs) could earn up to USD 3.7 trillion in cumulative 5G-enabled consumer revenues by 2030
- Augmented Reality (AR) could drive more than half of all consumer spending on immersive media by 2030
Finland’s Erillisverkot to add Ericsson Security Manager to 5G public safety network
Erillisverkot Group - the Finnish state-run body responsible for national communications networks for public authorities, emergency services and other critical services - is to add Ericsson Security Manager to its 5G core network public safety network. The move is part of a mission-critical public safety partnership with Ericsson.
Ericsson sees strong momentum in Sub-Saharan Africa
A series of contracts in Kenya, South Africa, Madagascar and Benin, among others, highlight Ericsson’s growing footprint in Sub-Saharan Africa as communications service providers move to strengthen their networks and cater to demand for enhanced mobile services. Find out more here.
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Telia and Ericsson switch on Estonia’s first commercial 5G network
Powered by Ericsson 5G technology including Ericsson Radio System products and solutions and using hardware produced in Estonia, Telia will be the first carrier to launch 5G in the country, providing high-speed connections to its customers and enabling innovation for businesses.
Ericsson Capital Markets Day 2020
- Turn-around completed establishing a strong platform to accelerate growth and investments in 5G enterprise applications
- New long-term EBITA margin target, excluding restructuring, for the Group of 15% – 18%
- New long-term Free Cash flow (before M&A) target of 9% – 12% of sales
- The 2022 operating margin target, excluding restructuring, of 12 – 14% remains for the Group with some adjustments between segments