Ericsson announced the appointment of Andres Vicente as its new Head of Market Area South East Asia, Oceania & India and Senior Vice President. Vicente who is currently Head of Ericsson’s Customer Unit Iberia within Market Area Europe & Latin America, will replace Nunzio Mirtillo whose retirement was announced in October 2023. Vicente will take up his new position on May 1,…
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Ericsson appoints Chafic Nassif as Head of Market Area North East Asia
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•Ericsson announced the appointment of Chafic Nassif as its new Head of Market Area North East Asia and Senior Vice President. Nassif who is currently Head of Ericsson’s Customer Unit Latin America North within Market Area Europe & Latin America, will replace Chris Houghton who was appointed Chief Operating Officer of Ericsson in November 2023. Nassif will take up his new…
Ericsson appoints Lars Sandström as CFO
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•Ericsson announced the appointment of Lars Sandström as its new Chief Financial Officer, Senior Vice President, and Head of Group Function Finance. Sandström will replace Carl Mellander, whose departure Ericsson announced in April 2023. Sandström will join Ericsson on April 1, 2024, and will be based in Sweden. Lars Sandström is currently Chief Financial Officer and member of the executive team at Getinge – a…
Ericsson announces CFO transition
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•Ericsson announced that Carl Mellander, the Company’s Chief Financial Officer, will step down at the end of the first quarter 2024. Mellander has been with Ericsson for over 25 years and has been a member of its Executive Team since 2016. Börje Ekholm, President and CEO, comments: “For almost 7 years Carl has been a valued…
Ericsson completes acquisition of Vonage
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•Ericsson has completed its acquisition of Vonage Holdings Corp. (Vonage), supporting Ericsson’s strategy to leverage technology leadership to grow its mobile network business and expand into enterprise. The acquisition provides Ericsson with access to powerful building blocks to offer a full suite of communications solutions including, Communications Platform as a Service (CPaaS), UCaaS and CCaaS,…
Airtel conducts 5G trial in partnership with Ericsson
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•Bharti Airtel and Ericsson have conducted India’s first 5G network demonstration in a rural geography. The demonstration took place in Bhaipur Bramanan village on the outskirts of Delhi/NCR using 5G trial spectrum allocated to Airtel by the Department of Telecom, the telecom major said in its statement. The trial showcases the massive potential offered by…
Ericsson and MIT partner to research next generation of mobile networks
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•As we enter a new age for electronics powered by 5G and eventually 6G, MIT and Ericsson are collaborating on two research projects that seek to help build a new network infrastructure needed to empower the truly revolutionary use cases the next generation of mobile networks will bring. The new mobile network generations bring ultra-fast…
Google Cloud and Ericsson partner to develop 5G and edge cloud solutions
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•Google Cloud and Ericsson announced a partnership to jointly develop 5G and edge cloud solutions to help communications service providers (CSPs) digitally transform and to unlock new enterprise and consumer use cases. Globally, industries with edge presences – including communication service providers, retailers, manufacturers, transport businesses, healthcare and media/entertainment providers – face pressures to build more digitized…
Ericsson supports UNICEF in the fight against COVID-19 pandemic in India
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•To help address urgent healthcare needs in India brought about by the second wave of the COVID-19 pandemic in the country, Ericsson announced its support to UNICEF’s COVID-19 humanitarian response in the country. As part of their support, Ericsson made an upfront donation to UNICEF and launched a month-long company matching employee donation drive globally…
Capgemini reinforces its collaboration with Ericsson to bring 5G innovation to industries in India
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•Capgemini has strengthened its collaboration with Ericsson to accelerate the deployment of 5G solutions. As part of their ongoing collaboration, Capgemini has deployed the 5G (standalone) Industry Connect solution from Ericsson at its 5G Lab in Mumbai to enable industry innovation, experimentation and deployment of 5G and Edge technologies for clients across industries. Ashwin Yardi,…
TCS receives contract from Ericsson Digitally Transform its R&D Environment, Accelerate Development
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•Tata Consultancy Services, a global IT services, consulting and business solutions organization, has announced that it has joined forces with Ericsson, a technology provider of 5G and a provider of information and communication technology, to help the latter build and operate its cloud-based R&D digital workplace. Ericsson chose TCS as its partner for its R&D…
Ericsson appoints new UK and Ireland CEO
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•Ericsson is set to strengthen it’s 5G leadership with the appointment of Katherine Ainley as Chief Executive Officer (CEO) for the United Kingdom and Ireland, effective 1 February 2021. Ainley will join Ericsson from BT where she has held a number of senior executive positions since 2007, including the recent roles of Managing Director of…
Ericsson acquires US-based Cradlepoint to accelerate 5G for Enterprise
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•Ericsson, the world’s leading provider of technology and services to telecom operators, announced it has agreed to acquire Cradlepoint, the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions. According to the press release, the investment is key to Ericsson’s ongoing strategy of capturing market share in the rapidly expanding 5G Enterprise…
Ericsson secures $150 million in funding from NIB
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•Ericsson has announced that it has signed an agreement for credit facility with the Nordic Investment Bank (NIB) for USD 150 million, maturing in 2025. Of these new funds, 98 million will replace credit with NIB that was set to mature in 2021. In addition to strengthening Ericsson’s balance sheet and financial flexibility, the loan…
5000 employees to transition from Reliance Communication to Ericsson, as a part $1 billion managed services contract.
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•Reliance Communication, has signed an 8 year managed services agreement with Ericsson. The same is valued at $ 1 billion, and is a full scope management of wireless and wire line network for Western and Northern states of India. As a part of the engagement, about 5000 employees will move from Reliance communication to…