Ericsson Q1 2023 Outing Receives Sales Boost from Indian Market amid US Contraction
In its Q1 2023 report, Swedish telecom giant Ericsson described India as a viable market that drove sales up fivefold.
Telstra unveiled plans to create the first national Internet of Things network, thus contributing to further expansion of the IoT sector in Australia.
In its Q1 2023 report, Swedish telecom giant Ericsson described India as a viable market that drove sales up fivefold.
Telecom giant Verizon saw a 3.5% revenue in Q4 2022 even as the company struggled with dwindling 5G equipment sales.
Swedish telecoms giant Ericsson says despite its poor Q4 2022 earnings, it sees significant patent revenue growth in the next 24 months.
Following the unveiling of 5G in the UK in 2019, experts are already projecting that 6G could be used for VR platforms.
The exit of Nokia, Ericsson, and Logitech from Russia will result in problems for MTS, Tele2, and Beeline operators that developed their networks using the equipment of these companies.
The recent acquisition of cloud firm Vonage will help Ericsson monetize its network investments. As per the schedule, Ericsson will close this deal by 2022.
After the UK’s ban of Huawei equipment from its 5G network rollout, Nokia has replaced the Chinese firm on the BT 5G network project.
Samsung recently won a $6.64 billion order from Verizon to provide network solutions. The win will help Samsung expand services to more countries.
Swedish telecom company Ericsson claims it will be a leader in rolling out the 5G network across the world, though Huawei continues making big progress.
Amazon has joined a number of big exhibitors that have already pulled out of the world’s largest mobile trade show MWC, including LG, Ericsson and Nvidia, citing concerns over the spread of the coronavirus.