Ericsson(ERIC)

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Invitation to media and analyst briefing for Ericsson Q4 2024 report
Prnewswire· 2025-01-09 07:21
Report to be released at approximately 7:00 AM CET on January 24, 2025 One live video webcast for analysts, investors, and journalists at 9:00 AM CETSTOCKHOLM, Jan. 9, 2025 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter 2024 will be published at approximately 7:00 AM CET on January 24, 2025. The company will issue a press release with the complete financial report attached, including tables, in PDF format. Following publication of the press release, the financial report w ...
Historic API venture announces CEO
Prnewswire· 2025-01-08 14:18
Company Overview - Aduna is a new venture formed by global telecom providers and Ericsson, aimed at revolutionizing the network API market [1][7] - The company's name, Aduna, is derived from the Latin word meaning "many entities uniting as one" [1] - Aduna's initial partners include major telecom operators such as América Móvil, AT&T, Bharti Airtel, Deutsche Telekom, Orange, Reliance Jio, Singtel, Telefonica, Telstra, T-Mobile, Verizon, and Vodafone [7] Leadership and Vision - Anthony Bartolo has been appointed as the CEO of Aduna, bringing over 30 years of experience in scaling global businesses and driving commercial strategies [2] - Bartolo previously served as COO at Vonage and Bandwidth, and as Executive Vice President and Chief Product Officer at Avaya, where he led the transition to a SaaS-based business model, resulting in an 11-fold increase in annual recurring revenue [3] - Bartolo's leadership at Tata Communications included expanding the company's global footprint and securing strategic partnerships [4] - Aduna's vision is to provide developers with ubiquitous access to open, programmable network functionality through common APIs, enabling global hyperscale innovation and value creation for enterprises and the telecom industry [5][6] Business Strategy and Market Impact - Aduna will combine and sell network APIs globally, aiming to make new applications work seamlessly across any network, thereby accelerating developer innovation [5] - The venture will provide network APIs to a broad ecosystem of developer platforms, based on the existing CAMARA APIs, which are widely used across the industry [5] - By offering standardized network APIs, Aduna aims to enhance user experiences, open new revenue streams, and drive industry growth [7] - The venture is expected to close later this year, pending regulatory approvals and customary conditions [6] Industry Collaboration - Aduna represents a collaboration between Ericsson and leading global telecom operators, signaling a unified effort to redefine the telecom industry through network APIs [7][8] - The venture is set to usher in a new era of digital services by promoting collaboration and innovation across the telecom ecosystem [7]
Will a Favorable Trade Tribunal Patent Verdict Aid ERIC Stock?
ZACKS· 2024-12-18 15:11
Ericsson (ERIC) has secured a favorable verdict from the U.S. International Trade Commission that validated the authenticity of its patent-infringement claim by China-based Lenovo. The trade tribunal observed that Lenovo's Motorola Mobility infringed on patents owned by Ericsson, potentially opening the doors for a possible import ban on such smartphones.Ericsson filed a patent lawsuit last year in Washington, alleging that Moto G, Edge and Razr models of Lenovo had infringed patents related to wireless com ...
What Makes Ericsson (ERIC) a Strong Momentum Stock: Buy Now?
ZACKS· 2024-12-13 18:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...
Ericsson Leads 6G Network Testing With AI Integration: Stock to Gain?
ZACKS· 2024-11-26 17:51
6G Technology Development - Ericsson has completed a series of tests for 6G synaesthesia integration and network infrastructure, marking a significant milestone in exploring key 6G technologies [1] - The synaesthesia integration test focused on dual-station A transmission and B reception perception in a non-interference environment, evaluating trajectory tracking and network performance in real-world conditions [2] - The network infrastructure test successfully implemented AI-driven functions, demonstrating the ability to train AI models and perform AI reasoning to predict traffic patterns across different subnets [3] - Ericsson has contributed to key research reports under the IMT-2030 initiative, including studies on 6G wireless system architecture and distributed autonomous network architecture [4] Ericsson's Leadership in 6G - Ericsson's involvement in 6G tests highlights its leadership in 6G research and development, reshaping connectivity across sectors with innovative solutions [5] - The successful test paves the way for advanced, flexible, and customizable 6G network services, boosting the telecom sector's capabilities and laying the foundation for business and community digitization [6] Financial and Stock Performance - Ericsson's advancements in 6G are expected to generate incremental demand for its solutions, leading to higher revenues and improved financial performance [7] - Ericsson's stock price has gained 65.2% over the past year, outperforming the industry's growth of 40.1% [8] Industry Comparison - Plexus Corp (PLXS) delivered an earnings surprise of 20.92% in the last reported quarter and currently sports a Zacks Rank of 1 (Strong Buy) [11][12] - Workday Inc (WDAY) delivered an earnings surprise of 7.36% in the last reported quarter and carries a Zacks Rank 2 [12] - InterDigital Inc (IDCC) has a long-term growth expectation of 17.44% and sports a Zacks Rank of 1, focusing on advanced mobile technologies for wireless communications [13]
Ericsson Mobility Report: early movers pursue performance-based business models
Prnewswire· 2024-11-26 07:26
Core Insights - Global mobile network data traffic is projected to grow almost 200 percent between 2024 and the end of 2030, with a forecast of 6.3 billion global 5G subscriptions by 2030, of which 60 percent are expected to be 5G Standalone (SA) [1][5] Industry Trends - The growth rate of mobile network traffic data is estimated at 21 percent year-on-year for 2024, but it is still expected to increase almost three-fold by the end of 2030 compared to current levels [2] - The report emphasizes the importance of service differentiation and performance-based opportunities as the industry evolves, with a shift towards high-performing programmable networks [4] Service Provider Insights - Less than 20 percent of the approximately 320 communications service providers (CSPs) currently offering commercial 5G services are utilizing 5G SA, indicating a significant opportunity for growth in this area [5] - The densification of mid-band and 5G SA sites is seen as a key catalyst for realizing the full potential of 5G, including programmable and intelligent network capabilities [5] 5G Network Impact - By the end of 2030, 5G networks are expected to carry about 80 percent of total mobile data traffic, compared to 34 percent by the end of 2024 [6] - Fixed Wireless Access (FWA) is gaining popularity globally, with 52 percent of CSPs in Western Europe now offering speed-based tariff plans, up from 30 percent a year ago [7][8] Future Projections - Global 5G subscriptions are projected to reach almost 2.3 billion by the end of 2024, accounting for 25 percent of all global mobile subscriptions, with 5G subscriptions expected to surpass 4G subscriptions by 2027 [10] - The first 6G deployments are anticipated in 2030, building on the capabilities of 5G SA and 5G Advanced [10] Case Studies - The report includes case studies from T-Mobile (U.S.A.), Elisa (Finland), and stc (KSA), showcasing real-world applications of network slicing and premium FWA services [3][11]
Ericsson Surges 62% in the Past Year: Reason to Buy ERIC Stock?
ZACKS· 2024-11-21 15:35
Ericsson (ERIC) has surged 62% over the past year compared with the industry’s growth of 43.2%, outperforming peers like Nokia Inc. (NOK) and Motorola Solutions Inc. (MSI) .Ericsson is well-positioned to capitalize on the market momentum with a competitive 5G product portfolio. With a holistic growth focus, the company strives to be the leading telecommunications infrastructure provider worldwide and establish a focused enterprise business.One-Year Price PerformanceImage Source: Zacks Investment ResearchERI ...
Should Value Investors Buy Ericsson (ERIC) Stock?
ZACKS· 2024-11-13 15:45
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the ...
3 Wireless Stocks Likely to Transcend Industry Shortcomings
ZACKS· 2024-11-12 15:15
The Zacks Wireless Equipment industry is plagued by large-scale investments for seamless 5G migration, eroding profits due to escalated price wars, high customer inventory levels and inflated raw material costs. Moreover, a challenging macroeconomic environment, prolonged geopolitical conflicts and uncertain business conditions continue to weigh on margins. However, the transition to cloud and fiber network infrastructure upgrades should help the industry in the long run. Despite short-term headwinds, Qualc ...
Ericsson and MasOrange partner on European-first open programmable network integration
Prnewswire· 2024-10-29 08:37
Partnership Overview - Ericsson and MasOrange, Spain's largest communications service provider, have entered a five-year Open RAN-ready future-network partnership [1] - The partnership aims to position MasOrange at the forefront of Europe's open and programmable networks [1] - The collaboration is seen as a decisive moment for both MasOrange and the European telecommunications industry [4] Network Integration and Deployment - Ericsson will integrate Orange Spain's and MASMOVIL's existing networks, supporting the consolidated MasOrange network with high-performing and sustainable solutions [2] - The project will run in parallel with the deployment of Ericsson-powered 5G Standalone (5G SA) in rural areas of Spain, starting in October 2024 [3] - Upon completion, MasOrange will have one of the most extensive, high-capacity, and modern 5G Standalone mobile networks in Europe [3] Technological Advancements - The partnership will utilize Ericsson's latest Massive MIMO antenna-integrated radios and RAN Compute solutions, compatible with Open RAN, to significantly increase performance and lower costs [5] - The deployment of 5G Massive MIMO Time Division Duplex (TDD) technology will boost network capacity and user experience by allowing greater data transmission through multiple spatial channels [7] - Network optimization and densification will be implemented to increase network performance, coverage, and capacity, addressing the growing demand for 5G services in urban and rural areas, as well as large venues like stadiums [8] Strategic Vision - The collaboration is expected to drive technological advances and sustainable growth in the telecommunications industry [4] - Ericsson's vision for the industry is based on open and programmable networks with capabilities exposed through network APIs, leveraging an ecosystem of developers to drive rapid innovation and growth [4] - The partnership will enable MasOrange to provide differentiated and innovative 5G services, ensuring a more flexible and dynamic mobile-first environment [6]