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Ericsson

Latest Headlines

Latest Headlines

Ericsson to exit wireless-modem market, cut 1,000 jobs

Ericsson is exiting the wireless-modem business and will most likely slash about 1,000 jobs as a result. The decision comes as pricing pressure builds in the stand-alone-modem business and more device makers choose to buy system-on-a-chip solutions with modems married to application processors, which Ericsson does not offer.

5G reflects the wireless industry's increasingly rapid pace of change

Time is speeding up in the wireless industry. Though advanced markets have rolled out significant LTE and LTE Advanced footprints, many markets worldwide are just now dipping their toes into the LTE pool. Nonetheless, the collective industry already has 5G on its mind, with most pundits calling for requirements and specs to be laid out in the next couple of years in time for commercial rollouts in little more than five years.

Huawei predicts 100B connections by 2025, producing 175 zettabytes of data per year

SHANGHAI--Huawei has added its voice to the growing chorus of companies predicting massive growth in the communications sector: The Chinese company said that, based on a new global survey of business executives, it now expects a total of 100 billion connections (both human and machine) by 2025, a figure that includes 8 billion smartphones.

Ericsson acquires Fabrix Systems, adds cloud-based storage to TV portfolio

Ericsson is enhancing its growing TV portfolio by acquiring Fabrix Systems, a provider of cloud storage, computing and network delivery for video applications, for $95 million.

Ericsson to buy cloud-based video specialist Fabrix for $95M

Ericsson has agreed to acquire 100 per cent of Fabrix Systems for $95 million (€73.5 million) in a bid to expand its TV and media portfolio by improving its platform for so-called "TV anywhere" services and applications.

Ericsson launches multiscreen platform targeting pay-TV market

AMSTERDAM--Ericsson opened a new front in its multiscreen strategy, launching MediaFirst, an extension of its Mediaroom IPTV platform that will enable the company to target cable and satellite pay-TV operators as well as its current base of telco/IPTV providers. The provider is demonstrating the new service here at IBC 2014.

AT&T, General Motors extending OnStar into Europe

LAS VEGAS--AT&T and General Motors are expanding their relationship beyond North America and into Europe during the second half of 2015 as they partner to bring GM's OnStar service to Europe in select countries.

LTE Broadcast still at a limited stage in Europe

At least 16 operators worldwide have confirmed they are either trialling or deploying LTE Broadcast, although operators in only five European markets have publically revealed trials to date.

du increases LTE expansion target as data demand grows

du is ramping up its LTE network rollout, pledging to extend the deployment by a quarter to meet surging demand for mobile data in the UAE, the operator's home market.

Ericsson cites 35% annual growth in mobile broadband subscribers

Ericsson said its latest count revealed 35 percent year-on-year growth in the number of mobile broadband subscribers during the second quarter of 2014, with the total reaching 2.4 billion.