Telefonaktiebolaget LM Ericsson - ERIC STOCK NEWS

Ericsson (NASDAQ: ERIC) and Telstra have announced a four-year partnership to deploy Asia-Pacific's first programmable network with 5G Advanced capabilities. The deal involves upgrading Telstra's radio access network with Ericsson's next-generation Open RAN-ready hardware solutions and implementing AI-driven automation for network management.

The transformation aims to double 5G capacity and deliver improved service consistency, coverage depth, and speeds while reducing energy consumption. The network will enable customized connectivity solutions for consumers and enterprises, moving away from one-size-fits-all services. The implementation includes Ericsson's Massive MIMO radios, RAN Compute solutions, and the Ericsson Intelligent Automation Platform (EIAP).

This partnership is also linked to Aduna, a global venture announced in September 2024, which aims to combine and sell network APIs globally to drive innovation in digital services. The venture includes major telecom players and seeks to make advanced network capabilities accessible to developers worldwide.

Ericsson (ERIC) has announced a significant expansion of its product portfolio with new energy-efficient radio, antenna, and RAN Connect solutions. The company plans to offer 130 radio products supporting open and programmable networks during 2025, representing over two-thirds of its deliveries.

The flagship product, AIR 3266, is a wide-band TDD Massive MIMO radio that reduces energy consumption by up to 30% and carbon footprint by up to 50%. The company is also introducing RAN Connect solutions, including models 6381, 6682, and 6681, offering up to 1.2 Tbps throughput.

Additional innovations include next-generation radios like AIR 3285, AIR 6494, and AIR 3265, the Indoor Fusion Unit 8828 for indoor 5G, and new antenna systems. These products focus on reducing operational costs, improving energy efficiency, and supporting sustainable network deployments while maintaining high performance.

Lydia Solutions, a leading European mobile financial services platform, has partnered with Vonage, an Ericsson (NASDAQ:ERIC) company, to enhance its security and user experience through Vonage's Verify API and Silent Authentication technology. The solution automatically verifies users through mobile network operators using smartphone data connections, eliminating the need for traditional One-Time Passwords (OTPs).

Since implementation in October 2024, Lydia Solutions has reported increased conversion rates, up to 50% reduction in latency compared to previous authentication services, and improved security against social engineering attacks. The company protects tens of thousands of users daily while maintaining a seamless authentication process.

This partnership supports Lydia Solutions' expansion goals, including plans to become Europe's leading digital bank by 2030 and grow its French customer base to 5 million active users by 2027, particularly among young adults aged 18-34.

Aduna, a joint venture between major telecom operators and Ericsson (NASDAQ: ERIC), has announced KDDI as its newest equity partner. The partnership aims to accelerate the adoption of common network Application Programming Interfaces (APIs) globally.

The venture, launched in September 2024, includes prominent partners such as América Móvil, AT&T, Bharti Airtel, Deutsche Telekom, Orange, and others. KDDI will contribute technical expertise and marketing resources to enhance Aduna's mission of providing open, non-discriminatory access to advanced network capabilities.

The transaction is expected to close later in the year, subject to regulatory approvals. This collaboration strengthens Aduna's platform, which is based on the CAMARA open-source project, driven by the GSMA and the Linux Foundation, aiming to create a standardized environment for developer innovation and industry growth.

Aduna, a venture between Ericsson (NASDAQ: ERIC) and global telecom operators, has announced a strategic partnership with Infobip, a leading Communications Platform as a Service (CPaaS) provider. The collaboration aims to expand the reach and adoption of network APIs globally.

Infobip, established in 2006, provides developers with tools to integrate real-time communication features and network APIs into applications, including Number Verify and SIM Swap services. The company is also developing new capabilities like Device Location and Quality-on-Demand APIs.

This partnership follows Aduna's September 2024 launch, which included Vonage and Google Cloud as initial channel partners. The addition of Infobip is expected to accelerate ecosystem expansion through its extensive developer community and enterprise market connections. The collaboration aims to streamline developer access to advanced network capabilities worldwide through common APIs.

Aduna, a venture between Ericsson (NASDAQ: ERIC) and global telecom leaders, announced a strategic partnership with Sinch, a cloud communications provider, to expand the implementation and access of network APIs globally. The collaboration aims to enhance innovation in digital services through Aduna's developer platform partners, which include Google Cloud, Vonage, and now Sinch.

Through this partnership, Sinch will expand its Number Verify coverage through its omnichannel Verification API and enhance trust and safety services with features like the SIM Swap API. As a key player in the CAMARA initiative, Sinch will leverage its expertise to streamline processes and drive innovation. The partnership focuses on enabling developers to access advanced network capabilities globally via common APIs, supporting seamless and secure digital customer communications across industries.

Sinch AB announced a strategic partnership with Aduna, a venture formed by Ericsson and leading telecom operators, to enhance the network API ecosystem. The collaboration aims to expand global access to advanced mobile capabilities and accelerate digital transformation for businesses worldwide.

The partnership will focus on strengthening Sinch's Number Verification API offerings and streamlining developer integration through standardized interfaces. As a contributor to the CAMARA initiative, Sinch will leverage its expertise in API integration, security, and developer onboarding to accelerate industry adoption.

Aduna, launched in September 2024, simplifies the adoption of network APIs, offering access to mobile network capabilities such as authentication and security. The collaboration includes key developer platform partners like Vonage and Google Cloud, focusing on driving innovation, scale, and operational efficiency for enterprises relying on secure digital infrastructure.

Ericsson (NASDAQ: ERIC) has announced the appointment of Charlotte Levert as its new Chief People Officer, Senior Vice President, and Head of Group Function People, effective February 10, 2025. Levert, currently Vice President and Head of People Business Area Cloud and Software Services, will succeed MajBritt Arfert, who is departing after 38 years with the company.

Levert brings experience from various executive positions within Ericsson and previously served as Head of HR Sweden & Global HR business partner at Tieto. She holds a Bachelor in Business Management & Human Resources. The appointment comes as Ericsson enters its next strategic phase, with CEO Börje Ekholm emphasizing Levert's strong track record and potential contribution to the company's People agenda.

MajBritt Arfert, who has been a member of Ericsson's Executive Team since 2016, will remain available through spring and leave the company at the end of May 2025.

Ericsson (NASDAQ: ERIC) has signed a multi-year agreement with the Lower Colorado River Authority (LCRA) to implement a private LTE network across parts of 68 Texas counties. The network will support grid modernization efforts and enhance utility operations security.

The implementation includes Ericsson's 5G-ready dual-mode core solution, radio access network solutions, and network management systems. The network will enable critical applications such as mission-critical push-to-talk, SCADA, and support for various governmental entities' communication needs.

Initial operations are scheduled to begin in Q1 2025. The network will feature 24/7/365 monitoring from Ericsson's Network Operations teams, strengthening resilience against extreme weather and cyber threats. This infrastructure upgrade aims to provide more reliable and secure utility services to millions of Texans.