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Ericsson and etisalat by e& sign MoU to collaborate on Cloud RAN testing and integration at GITEX Global 2023
- Ericsson and etisalat by e& sign a Memorandum of Understanding (MoU) at GITEX Global 2023.
- Under the MoU, the companies will conduct a proof of concept for Cloud RAN testing and integration on etisalat by e&’s network.
- The innovative solution will support the evolution of the CSP’s 5G network.
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Chunghwa Telecom and Ericsson enable 5G connected ambulances with network slicing
- The 5G connected ambulances developed by Chunghwa Telecom for St. Paul’s Hospital are enabled by Ericsson 5G network slicing technology on 5G standalone architecture.
- Isolated network slices and radio resource partitioning ensure real-time patients’ data in 4K videos seamlessly transmitted from ambulances to the hospital.
- This collaboration represents an important step forward in leveraging 5G technology to enhance emergency medical care.
Appalachian Wireless, an East Kentucky Network company, selects Ericsson 5G
• Modernization allows Appalachian Wireless to deliver cutting-edge 5G services to rural eastern Kentucky
• Ericsson will upgrade cell sites with new radios and RAN equipment, with the majority of work completed in 2024
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.
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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.
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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.
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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