Ericsson – BOL News Staging

Ericsson’s AI-Powered Solution Boosts Transport Network Performance

November 14, 2023 by Hamza Ali

AI/ML predictive analytics for intelligent problem resolution. Real-time network observability and data analysis. Flexible and scalable for various network sizes. In a significant leap forward for telecommunications, Ericsson has unveiled its latest innovation, the Transport Automation Controller. This cutting-edge solution addresses the evolving challenges faced by service providers, empowering them to proactively manage network status … Read more

Huawei and Ericsson sign a 5G patent cross-licensing deal

August 26, 2023 by Syed Shahbaz Hyder

Huawei and Ericsson have agreed to a global patent deal for 3G, 4G, and 5G technologies. The deal covers network infrastructure and consumer devices. It will help accelerate the adoption of 5G technology. Huawei and Ericsson announce a global patent agreement for 3G, 4G, and 5G technologies, including 3GPP, ITU, IEEE, and IETF standards. The … Read more

Reliance Jio gains $2.2 billion funding for 5G rollout

August 7, 2023 by Muhammad Zubair

Reliance Jio obtains $2.2 billion in funding from the Swedish export credit agency. Funds to support equipment procurement for widespread 5G deployment. Partnerships with Ericsson and Nokia for network expansion. Reliance Jio, a prominent player in the telecom industry, has secured a substantial $2.2 billion fund infusion from the Swedish export credit agency. This financial … Read more

Intel, Ericsson collaborating on custom chip for 5G networking gear

July 26, 2023 by Muhammad Zubair

Intel Corp (INTC.O) said on Tuesday that it will work with Swedish telecommunications gear maker Ericsson (ERICb.ST) to make a custom chip for Ericsson’s 5G networking gear, using the most advanced manufacturing technology Intel has disclosed. Intel has lost its lead in manufacturing the smallest and most power-efficient semiconductors to rivals such as Taiwan Semiconductor … Read more

Ericsson lays off 1,400 employees in Sweden

February 21, 2023 by Muhammad Zubair

Ericsson is cutting 1,400 jobs in Sweden. The cost-cutting strategy to reduce expenses by 9 billion crowns by 2023. Ericsson made significant cuts in 2017, laying off hundreds of employees. Ericsson, a maker of telecom equipment, revealed its intentions to cut approximately 1,400 jobs in Sweden as part of a broader cost-cutting strategy on Monday. … Read more

Ericsson ,Intel launch a cloud RAN tech hub

May 18, 2022 by Muhammad Zubair

Ericsson and Intel launched a collaborative tech centre in the United States to push the limit on cloud RAN and network virtualization advancements. The Ericsson-Intel Tech Hub is actively working on cloud RAN containerised network function (CNF) applications as well as power management and performance. Cloud RAN is a cloud-native software solution that promises to … Read more

Ericsson says new US fines probably over Iraq corruption

April 14, 2022 by Ali faizan rizvi

Swedish telecoms equipment massive Ericsson stated Thursday it’s going to in all likelihood need to pay new fines to the USA Department of Justice over suspected bribes to the Islamic State group in Iraq. Chief govt Borje Ekholm conceded in a newspaper interview in February that a number of Ericsson personnel might also have bribed … Read more

Ericsson profits soar despite China trouble

January 25, 2022 by Muhammad Zubair

STOCKHOLM: Swedish telecoms giant Ericsson on Tuesday said its net profit soared in 2021, with a better-than-expected performance in the fourth quarter despite losing ground in the key Chinese market. The world’s number two telecoms equipment maker is competing with China’s Huawei in the global rollout of ultra-fast 5G mobile phone networks. But Ericsson’s sales … Read more

Ericsson makes investment of over Rs5.5bn in Pakistan

January 2, 2022 by Baseer Ahmed

ISLAMABAD: International telecommunication company Ericsson has invested more than Rs5.52 billion in Pakistan, Bol news reported on Sunday. Discussion regarding the investment was made during a meeting between officials of Ericsson and Federal Minister for IT Syed Aminul Haque on December 22. Read more: Ericsson Pakistan, ministry discuss digitalisation, skill development According to the details, … Read more

Sweden’s Ericsson to buy US cloud operator Vonage

November 22, 2021 by Shaista Zafar

STOCKHOLM: Ericsson said on Monday it was acquiring US cloud-based communications provider Vonage, in the Swedish company’s biggest acquisition in recent memory, as it widens its operations beyond its traditional telecommunications equipment business. The $6.2 billion (5.5 billion euros) deal is part of Ericsson’s strategy to expand its presence in wireless enterprise and broaden its global … Read more

Saudi Arabia to host largest technology event in February 2022

November 19, 2021 by Sarfaraz Rizvi

RIYADH: Saudi Arabia will host the largest technology event-ever, LEAP in February 2022, Arab News reported. Taking place on February 1 to 3 in Riyadh, it is set to become a global platform for the entire innovation ecosystem, connecting pioneers and disruptors with business and government leaders, entrepreneurs, investors and more to experience and learn about the … Read more

Ericsson boosts network services portfolio

September 8, 2021 by Web Desk

KARACHI: Ericsson has strengthened its network services portfolio with the Intelligent Deployment solution, an agile, digital and modular suite of tools and services that enables communications service providers to roll out, expand, and upgrade networks based on their specific needs and those of their customers, a statement said on Wednesday. With the technology advancing rapidly, … Read more

Pakistan a beacon of hope in Asia

August 14, 2021 by Web Desk

Ericsson Pakistan head and the Middle East and Africa Vice President Ekow Nelson gave a message on the 75th Independence Day of Pakistan. In his message to the Pakistani nation, he said: As we approach the 75th Independence Day of Pakistan, the great strides the country has made in telecommunications reflect the growth and maturity of a … Read more

Connectivity the bedrock of Digital Pakistan

December 10, 2021August 11, 2021 by Web Desk

Ericsson is one of the leading providers of Information and Communication Technology (ICT) to service providers. It enables the full value of connectivity by creating game-changing technology, and services that are easy to use, adopt, and scale, making the customers successful in a fully connected world. The main purpose of the company is to empower … Read more

Ericsson presents latest tech, thought leadership to Jazz Pakistan

July 16, 2021 by Web Desk

KARACHI: Ericsson organised a dedicated Ericsson Digital Unboxed 2021 event virtually for Jazz Pakistan, a statement said on Friday. Crafted for Jazz Pakistan, Ericsson’s global and regional experts and thought leaders showcased the latest insights, use cases and technologies tailored to Jazz Pakistan, it added. During the virtual event, Ericsson shared its technology vision and … Read more

Ericsson launches Innovation Awards 2021

July 1, 2021 by Web Desk

KARACHI: Ericsson has launched its annual Ericsson Innovation Awards (EIA) 2021, a global competition with a grand prize of 25,000 euros that offers university students around the world the chance to develop new, innovative ideas with the support of the Ericsson experts, a statement said on Thursday. Pakistani University level students can also participate in … Read more

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