Displaying items by tag: Ericsson
Francisco Partners, a leading technology investment firm, has completed its investment in iconectiv, an independent subsidiary owned by Ericsson. As part of the investment, Francisco Partners invests US$200 million to acquire a 16.7 percent ownership in iconectiv. The partnership between Ericsson and Francisco Partners will enable iconectiv to accelerate growth and deliver shareholder value.
Headquartered in the United States, iconectiv develops solutions that enable operators to interconnect networks. The company's solutions are used by more than 1,200 service providers, regulators, enterprises, and content providers worldwide. iconectiv also provides numbering solutions and most recently was designated by the US Federal Communications Commission to serve as the Local Number Portability Administrator in the country.
Francisco Partners is a global private equity firm, which specializes in investments in technology businesses. Since its launch over 17 years ago, Francisco Partners has raised over US$10 billion in capital and invested in over 200 technology companies, making it one of the most active and longstanding investors in the technology industry. The firm invests in opportunities where its deep knowledge and operational expertise can help companies realize their full potential.
The US$200 million has been transferred to Ericsson as a dividend. The transaction has no material impact on Ericsson group income.
Ericsson has become a member of a consortium led by operator Zain Kuwait. The consortium will carry out a large digital transformation project for local utilities. The project will be completed by 2024 and as the sole technology partner, Ericsson will deploy a new smart metering solution.
The Enterprise and Cloud Billing solution implemented by the consortium will make it easier for the Ministry of Electricity and Water to collect revenue and distribute energy consumption over time. It will also improve the accuracy of invoices and give customers access to real-time information about usage. Around 800,000 new smart meters for electricity and water will be connected over Zain’s upgraded infrastructure.
Furthermore, the cross-industry Ericsson Multiservice Delivery Platform will help digitalize channels for consumer interaction, offering personalized and user-friendly services for all types of devices through self-service portals. Additional Ericsson solutions will provide important features for areas such as customer care, post- and prepaid services, performance management, event planning, and analysis of network data.
“We have worked closely together with Zain Kuwait from the start of this digital transformation initiative, and we have made a long-term commitment to enable new revenue streams,” said Wojciech Bajda, Head of Customer Unit Zain, Ericsson. “We really look forward to being part of this project and to help develop the smart city infrastructure.”
Ericsson will also provide a range of Managed Services for improved network operations and security, and for Internet of Things applications.
Singtel announced plans to deploy Massive MIMO (Multiple-Input Multiple-Output) technology commercially on its LTE-Advanced mobile network, to enhance mobile data speed experience by up to 200% at special events for its customers. A precursor to 5G technology, Massive MIMO is an advanced solution used to boost network capacity in highly dense environments.
Singtel will team up with Ericsson, Huawei and ZTE to deploy Massive MIMO technology at the Marina Bay area. For a start, Singtel will roll out the network boost at the upcoming National Day celebrations, with other deployments planned for the Singapore F1 Night Race and the New Year countdown event.
Over 150,000 people are expected at the Marina Bay area to celebrate National Day. Singtel
mobile customers gathered there will be able to enjoy a better data experience as they share their photos and videos of the exciting performances and fireworks on social media.
Mr Mark Chong, Group Chief Technology Officer, Singtel, said: “On the joyous occasion of our National Day celebrations, Singtel is pleased to be pairing our newly-acquired 2.5GHz spectrum with Massive MIMO technology to expand our network capacity and offer our customers an enhanced mobile experience at this and other special events. We look forward to rolling out new technologies and innovative solutions to support the anticipated growth in mobile data.”
Globally, large crowds gathered at events, such as concerts and festivals, use high volumes of data to share their experiences via real-time videos on social media. This extraordinary behavior generates a dramatic spike in network traffic, presenting a challenge for operators to provide fast and consistent data speeds.
Singtel has identified Massive MIMO as one of the solutions to the problem. Singtel will use Massive MIMO base stations featuring a large array of 64 antennas that improve spectral efficiency and cell capacity using innovations in radio technologies.
The innovative antenna system channels signals to users’ specific locations instead of broadcasting across a geographical area. This multiplies the number of data paths from the cellular base stations, thus increasing network capacity and improving user experience.
Singtel provides Singapore’s fastest nationwide mobile data speeds at 450Mbps and recently launched 800Mbps speeds in the high-traffic Orchard Road area. In addition to having the island’s widest outdoor 4G coverage as rated by IMDA for 10 consecutive quarters, Singtel is also ranked the fastest telco in Singapore by global metrics leader, Ookla.
In a US wireless industry first, Verizon, Ericsson, and Qualcomm Technologies announced on August 2 they reached 953 Mbps (just under 1 gigabit per second) in a joint commercial network deployment in Boca Raton, Florida. While lab tests have shown comparable speeds in recent months, this is the fastest announced speed achieved in a real-world, dynamic network environment leveraging Licensed Assisted Access (LAA) technology.
The demonstration used all commercially available Verizon network components including a cell site, hardware, software, and backhaul. Riding on the backbone of Verizon's most reliable network infrastructure, Ericsson provided the most advanced remote radio head in the industry.
The micro Radio 2205 for LAA, designed for unlicensed spectrum use, provides small dimensions, flexible mounting and superior performance, and is a component of the Ericsson Radio System, an end-to-end modular radio network portfolio of hardware and software designed to fit all site types and traffic scenarios as networks grow in scale and complexity on the road to 5G.
Qualcomm Technologies provided a Qualcomm® Snapdragon™ 835 mobile platform test device, with Gigabit LTE capability thanks to the integrated Snapdragon X16 LTE modem.
Verizon was the first national wireless provider to introduce 4G LTE speeds in 2010, spurring an ecosystem of video viewing and data sharing at a pace not realized before. Since that time, Verizon and its partners have continued to evolve the 4G LTE network, enabling it to carry more robust applications and solutions for consumers, enterprise customers and government agencies.
"Today's milestone is a great example of our approach to new technology - we deploy the latest capabilities reliably and in real-world environments, not just in a lab," said Nicola Palmer, Chief Wireless Network Officer for Verizon. "By continuing to deploy the latest technologies on our 4G LTE Advanced network, we pave the way for better and faster performance for the things our customers do now, and provide the groundwork for our future advancements."
A combination of the latest 4G LTE wireless technologies is required to reach these industry-leading speeds. Carrier aggregation, a key technological advancement, bands multiple spectrum channels together to allow data to flow more efficiently resulting in dramatically faster peak speeds.
Verizon led the industry last summer when it launched LTE Advanced with two channel carrier aggregation nationally and has completed deployment of three channel carrier aggregation using its licensed spectrum.
To reach gigabit class speeds, Verizon used a combination of licensed and unlicensed spectrum for the first time. This four carrier aggregation uses LAA (License Assisted Access) to combine Verizon's spectrum holdings with unlicensed spectrum, which takes advantage of spectrum where home and commercial Wi-Fi technologies exist. In addition to four channel carrier aggregation, other technological advancements include:
- 4x4 MIMO (multiple in, multiple out) which uses multiple antennae at the cell tower and on consumers' devices to optimize data speeds
- 256 QAM which enables customer devices and the network to exchange information in large amounts, delivering more bits of data in each transmission, significantly enhancing data speeds
"It is exciting to see Gigabit LTE momentum globally and in the US, especially as we move closer to a 5G world. With leading operators and infrastructure vendors like Verizon and Ericsson, we will continue to develop and deploy innovative technologies to power future networks and devices," said Mike Finley, SVP & President, Qualcomm North America.
Together with MTS, the largest mobile network operator in Russia, and Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, Ericsson has conducted the first successful live trial with a commercial small cell product of Rel-13 Licensed Assisted Access (LAA) technology in Russia.
The demonstration was conducted in an MTS test lab over a live network and used Ericsson’s Pico RBS 6402 small cell and a Qualcomm Snapdragon X16 LTE mobile test device. With LAA, data speeds are boosted using unlicensed spectrum together with licensed spectrum.
The amount of licensed spectrum is limited, and the need for spectrum is huge. The latest Ericsson Mobility Report forecasts that smartphones will be using 11 Gigabytes of data a month by 2022. This puts enormous strain on operators to meet the demands for performance in mobile connectivity for their subscribers.
“Delivering the level of mobile connectivity our subscribers expect, across a wide variety of environments, is a primary focus of MTS,” said Andrei Ushatskiy, MTS Vice President, Technology and IT. “This successful demonstration is the first of its kind in Russia, and shows our commitment to exceeding our customers’ expectations with enhanced experiences.”
Yulia Klebanova, vice president, business development, Qualcomm Europe Inc., said: “LAA enables more operators globally to offer Gigabit LTE, which is an essential foundation when introducing the 5G mobile experience, and we look forward to working with infrastructure vendors, OEMs, and network operators to advance mobile connectivity for subscribers across the world.”
Arun Bansal, Senior Vice President, Europe & Latin America, Ericsson, added: “LAA uses unlicensed spectrum to boost data speeds, offering subscribers the chance to enjoy enhanced LTE experiences on their devices. This technology allows LTE and Wi-Fi users superior performance in both indoor and outdoor environments by sharing the spectrum in unlicensed bands.”
Ericsson’s RBS 6402 is a high-performance indoor Pico Cell offering three standards (LTE, WCDMA and Wi-Fi), 10 frequency bands and up to 300 Mbps LTE carrier aggregation. The flexibility, cost-effectiveness and performance in a tablet-sized footprint make it optimal for smaller buildings.
Ericsson is set to reduce more staff following the disclosure of its financial results for Q2 in 2017. The company has confirmed it will axe staff, although it didn’t speculate how many jobs were at risk, in addition to this it will also reduce its real estate footprint as part of its efforts to make $1.2 billion in cuts.
Ericsson remains in the red following the publication of its Q2 financial performance, and alarmingly indicates a 164% year-on-year decline in net income. However, Ericsson CFO, Carl Mellander, has claimed that the latest round of cuts is part of its strategy to make ‘real efficiency gains’ adding that the savings will enable them to address ‘underperforming parts of the business’.
Ericsson CFO also declined to identify which locations are likely to be effected by the cutbacks, but conceded that it was highly likely that the changes proposed will be implemented and executed internally in a quick fashion. The financial spreadsheet makes grim reading for the Swedish telco, net sales are down 8% year-on-year to SEK 49.9 billion, and its bottom line swung from a SEK1.6 billion profit in Q2 in 2016, to a loss of SEK1 billion for the same period this year.
Ericsson highlighted a number of contributory factors as to why it had endured such a poor financial performance, but stressed that the biggest issue was the faster than expected decline of the overall RAN (Radio Access Network) led by the reduction in demand from China and India. Industry analysts are predicted that the decline in the RAN market will accelerate even more in 2017.
Ericsson has made a number of decisions in recent years in an attempt to halt its slide, but none of these measures introduced have been unable to have the desired effect required. Following its Q1 results earlier this year, the firm pointed to ongoing restructuring programs as a reason for losses.
Ericsson’s new strategy includes focusing on the company’s core telecommunications sector, whilst also attempting to reduce the impact of under-performing units and reviewing long-running unprofitable contracts. Mellander has claimed that he doesn’t expect to see a tangible impact from its rollout of 5G technologies and services to its bottom line until 2019, citing that LTE still had a ‘lot to give’ as operators are faced with the continually requirements to increase capacity on their network.
The CFO said, “There are huge sections of the population not covered by 4G, so I think a lot will happen there. The 4G technology being brought in now is geared towards 5G evolution. Short-term I don’t want to be overly optimistic – we are seeing a decline in the market which is a bit larger than we thought – but longer-term we want to double our profitability beyond 2018.”
Ericsson has been named connectivity partner for Stamford Bridge – Chelsea Football Club’s home stadium in Fulham, London. Free Wi-Fi coverage will be provided via the Small Cell as a Service connected venue business model whereby Ericsson designs, builds and operates the network on the customer’s behalf.
As a result, Chelsea FC will be able to provide fans throughout the stadium with a richer experience that enables them to interact digitally with each other, the club, friends and family.
In winning their fifth Premier League title in 2016/2017, Chelsea FC sold out every home match day at Stamford Bridge. Many fans used their smartphones to share photos and videos via social media, often stretching cellular networks to the limit. To ensure visitors can enjoy a seamless digital experience, Ericsson will design, build and operate a carrier-grade Wi-Fi access network and then manage it on Chelsea FC’s behalf.
“We look forward to a rich partnership with Ericsson which will directly assist the thousands of fans who come regularly to Stamford Bridge,” said Chris Townsend, Chelsea FC commercial director. “Ericsson leads the way in providing innovative digital solutions and we welcome them to the Chelsea family.”
Arun Bansal, Senior Vice President, Europe & Latin America, Ericsson, added, “Our research indicates that people want to use their digital devices wherever they go – and the urge to connect is even greater at a Chelsea FC home game. Through this partnership, we will ensure the connectivity at Stamford Bridge matches the quality of the football and look forward to exploring further options that will enable Chelsea FC to take the digital experience to the next level.”
Small Cell as a Service supports service providers’ cellular go-to-market models, enables businesses to monetize Wi-Fi, provides a business case for network build-out and improves end-user experience.
In 2015, Legia Warsaw became the first football club in Europe to sign a Small Cell as a Service contract with Ericsson. In 2016, Ericsson became the connectivity partner for the Ricoh Arena stadium in Coventry, England, home to Aviva Premiership rugby team Wasps and Wasps Netball.
Through four weeks of football mania in Brazil in 2014, the Nordic World Ski Championships in Sweden in 2015, the 2016 European football tournament in France, and the 2016 summer sports event in Rio, Ericsson ensured the networks kept pace with the fans.
Ericsson will build a Narrowband IoT (NB-IoT) system for Chunghwa Telecom, Taiwan’s largest integrated telecommunications services company, enabling the island to take its first steps toward joining the Internet of Things (IoT). Chunghwa Telecom will use the system to trial a range of IoT devices and applications in its laboratory.
NB-IoT is a 3GPP standards-based Low Power Wide Area technology that offers significant improvements in areas such as deep indoor coverage, power consumption, device complexity, system capacity and spectrum efficiency.
The end-to-end NB-IoT solution developed for Chunghwa Telecom will comprise a range of Ericsson offerings including the Ericsson Radio System, Massive IoT radio access network (RAN) software, virtual Evolved Packet Core (vEPC), virtual Subscriber Data Management (vSDM), and the IoT Smart Device and Application service on the AppIoT platform. The vEPC is deployed as a dedicated IoT Packet Core, using network slicing functionality, enabling Chunghwa Telecom to explore massive machine type communications use cases and rapidly bring new services to market.
Chen Shyang-Yih, Executive Vice President of Chunghwa Telecom and President of Telecommunication Laboratories, said: “Ericsson has long been our leading network provider and has demonstrated the strong device life-cycle management and integration capabilities that are required for a system of this type. NB-IoT technology is one of our primary focuses in 2017, and we are keen to explore more opportunities based on the new technology.”
Håkan Cervell, President of Ericsson Taiwan, said: “This agreement represents a real milestone for both companies, and shows that we have made rapid progress since signing a 5G memorandum of understanding during Mobile World Congress 2017. Together we will identify 5G use cases and applications for the digital transformation of industry verticals such as transportation and utilities.”
Tigo Rwanda, owned by telecom and media giant Millicom, has partnered with Ericsson to completely overhaul its Business Support System (BSS) ecosystem. Tigo has been operating in Africa since 1993, in Rwanda since 2009, and serves more than 25 million customers in Africa.
Tigo Rwanda is the first operator across the Millicom group that has transformed its BSS operations and gone live with Ericsson's 'as a Service' model for its complete BSS needs. The solution covers the full spectrum of charging, billing, provisioning, mediation and roaming functionality combined with advanced customer care and self-care solutions for management and ordering of services.
The partnership enables Tigo to better serve its customers with new and innovative offerings combined with shorter time to market, improved customer experience and increased operational efficiency.
Xavier Rocoplan, Chief Technical and IT Officer at Millicom says, "This is another major step in our IT transformation and process improvement journey. The 'as a Service' operating model is a very important component of our long term strategy. This new way of looking at BSS activities is a cornerstone in Millicom's operational excellence program that strives at always delivering a better experience for our customers in a more efficient manner. The partnership with Ericsson has enabled us to quickly meet our strategic needs and provide a solid foundation for future development. We have already begun to see improvements in the experience for our consumers and employees in Rwanda."
Rafiah Ibrahim, SVP and Head of Market Area Middle East & Africa, Ericsson, says: "Our partnership with Tigo Rwanda and the implementation of Ericsson's innovative BSS 'as a Service' model signifies an important first step towards future collaboration across the Millicom group. We are confident that the trust and cooperation embedded in this business model, which lies at the center of revenue generation for Tigo, will further strengthen the strategic relationship in BSS between Tigo Rwanda and Ericsson, as well as the entire Millicom group."
As part of its ongoing enterprise IT transformation initiative, Ericsson has selected Verizon’s Managed Services to accelerate the transformation of Ericsson’s corporate IT environment.
The initial implementation will focus on the deployment of Verizon’s Managed Software Defined Wide Area Network (SD WAN) service integrated with virtualized security services and Managed Enterprise Radio Access Network (E-RAN) solutions.
Johan Torstensson, chief information officer and head of IT, Ericsson, says, "The use of Verizon’s software defined services accelerates the automation of operations, maintains application performance and enables on-demand implementation of WAN policies. This is critical to ensure the ongoing security, integrity and agility of our business.”
Johan added, “Verizon will accelerate our adoption of the virtualized networking technologies that are transforming the communications industry. In addition, the use of E-RAN, which leverages the Ericsson Radio DOT System and Pico RBS, will enhance the performance and appeal of our corporate facilities paving the way for new applications to be delivered by indoor mobile network infrastructure.”
Verizon’s Managed SD WAN and Managed E-RAN solutions are part of Verizon’s Network-as-a-Service offerings. The management layer delivering these services is a joint development effort that incorporates Ericsson’s Dynamic Orchestration, Closed loop service assurance and Automated Validation and Onboarding Platform (AVOP).
Ericsson will consume virtualized network functions (VNFs) as a utility in a pay-as-you-go, usage-based model. This solution will allow Ericsson to expand the global reach of its corporate IT infrastructure using Verizon’s Global IP network for public and private networking solutions.
Shawn Hakl, vice president of business networking and security solutions, Verizon, says, “Ericsson and Verizon continue to work together to bring practical solutions to market that help enterprises leverage the benefits of virtualized networking. Providing end-to-end visibility and control over applications in a mobile to cloud architecture is critical for enterprises to realize the promise of the digital world.”