Search result for Ericsson
Ericsson improves the 5 G R&D with the NIB
Ericsson (NASDAQ: ERIC) confirms the closing, in 2025, of a USD 150 million credit facility arrangement for Nordic Investment Bank (NIB). Of these new funds, 98 million replace the NIB loan which was expected to reach maturity in 2021.
In addition to improving the&nb...
5G in India by 2022, report says
As per the Ericsson Mobility Report November 2019, India will make inroads for 5G network by 2022.
India would be able to only register 11% 5G subscriptions, while 5G is expected to cover 65% of the world’s population by 2025. Slow adoption of this technology by telecom...
Ericsson and VMware joins hand for the simplification of Network Virtualization for CSPs
VMware and Ericsson plan to form an alliance to simplify the deployment and running an enormous number of Ericsson apps along with the vCloud NFV by VMware for the CSPs. The agreement of becoming allies would solidify the coops of the 2 firms, which were ongoing since the year 2012, enabling the CSP...