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.
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.
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 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 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.
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.
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.
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 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 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.