Collaborating with several Swedish companies, Ericsson plans to launch a pilot project that will use 5G technology to improve productivity and safety in the Swedish mining industry.
As part of the "5G for Sweden" initiative, Ericsson is joining forces with Scania and Sweden's Royal Institute of Technology to develop products via their Integrated Transport Research Lab (ITRL). The joint initiative will explore areas such as autonomous buses and improved systems for traffic management.
Volvo is planning to unleash 100 autonomous driven cars on the streets of Gothenburg, Sweden in 2017. Called "Drive Me," the program will distribute 100 cars to specially selected drivers, who will then provide commentary and diagnostic information that will help the company's development of autonomous vehicles.
Long seen as among the star performers in Europe's telecoms market, including early forays into 3G and then LTE, even operators in the Nordic regions are feeling the pinch as competition bites.
The purported plan by the European Commission to launch an investigation into Chinese vendors Huawei and ZTE has run into resistance from European Union member countries over fears that European equipment manufacturers would be shut out of the strong growth market of China in retaliation, Reuters reported.
The idea of mixing and matching traditional TV--or at least traditional IPTV--with online video is taking off in Europe. Swedish telecom and IPTV service provider Com Hem plans to launch a multiscreen service to 1.74 million households this spring using TiVo, and in Germany, smart TV app Panorama TV is attracting millions of views.
TeliaSonera CEO Lars Nyberg stepped down after a review by lawyers censured the company over corruption allegations related to the operator's purchase of a phone licence in Uzbekistan.
Ericsson will cut 1,550 staff across its Swedish operations less than two weeks after reporting a 43 per cent plunge in profit in its third quarter. The headcount reduction, which amounts to almost 9 per cent of Ericsson's Swedish workforce, will be focused on it networks division.
TeliaSonera delivered a jolt to the telecoms industry and said that it will cut 2,000 jobs after reporting third-quarter earnings that undershot analysts' estimates.
As promised earlier this year, Netflix has taken its online video streaming business into Scandinavia.