Ericsson reports developments across mobile network infrastructure, cloud software and enterprise communications services. Company updates commonly cover 5G Core and radio access network deployments for communications service providers, quarterly financial reporting, annual general meeting actions, and capital-allocation matters.
News also includes activity from Vonage, Ericsson's wholly owned subsidiary within Business Area Global Communications Platform. Vonage updates focus on network APIs, communications APIs, CPaaS, CCaaS and UCaaS tools used by enterprises and developers to embed voice, video, messaging, customer engagement and automation into digital services.
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.
mydealz, Germany's largest social shopping community, has partnered with Vonage, an Ericsson (NASDAQ: ERIC) subsidiary, to implement Rich Communication Services (RCS) for enhanced user messaging experiences. The integration enables mydealz to deliver real-time deal notifications with rich media content, including images and clickable buttons, directly to users' mobile messaging inboxes.
As the first in the region to incorporate RCS into its marketing strategy, mydealz will benefit from trusted message branding, improved reach, heightened engagement, and increased customer satisfaction. The partnership allows for more interactive, personalized communications and customized offers based on user preferences, positioning mydealz as a pioneer in Germany's digital marketplace.
Vonage, part of Ericsson (NASDAQ:ERIC), has achieved SOC 2 Type II compliance for its Network APIs, becoming one of the first network API providers to earn this certification. This rigorous security standard, developed by AICPA, validates Vonage's internal controls for data security, processing integrity, privacy, and confidentiality.
The certification comes at a critical time when the global average cost of data breaches reaches $4.88 million in 2024. According to S&P Global Market Intelligence research, organizations reported significant increases in fraudulent activity, with 44% experiencing payment fraud and 34% facing new account fraud.
Vonage Network APIs, built on CAMARA standards, offer capabilities including fraud prevention, enhanced customer engagement, workflow automation, scalable application development, and real-time analytics. The company maintains various compliance certifications including ISO 27001, PCI-DSS, SOC, HIPAA, HITECH, HITRUST, CSA STAR, and adheres to GDPR standards.
Vonage, part of Ericsson (NASDAQ:ERIC), has achieved SOC 2 Type II compliance for its Network APIs, becoming one of the first network API providers to earn this certification. This rigorous security standard, developed by AICPA, validates Vonage's internal controls for data security, processing integrity, privacy, and confidentiality.
The certification comes at a important time, with global data breach costs reaching $4.88 million in 2024. According to S&P Global Market Intelligence research, organizations reported significant increases in fraudulent activity, with 44% experiencing payment fraud and 34% facing new account fraud.
Vonage Network APIs, built on CAMARA standards, offer capabilities including fraud prevention, enhanced customer engagement, workflow automation, scalable application development, and real-time analytics. The SOC 2 Type II compliance ensures improved data security, anomaly detection, and rapid recovery systems for customers.
Ericsson (NASDAQ: ERIC) has announced the upcoming release of its Q4 2024 financial report, scheduled for January 24, 2025, at approximately 7:00 AM CET. The company will host a live video webcast at 9:00 AM CET, featuring President and CEO Börje Ekholm and CFO Lars Sandström, who will discuss the report and take questions from participants.
The complete financial report, including detailed tables in PDF format, will be accessible on Ericsson's website following the press release. The webcast will be available on-demand after the event for those unable to attend the live session. Participants can join through Ericsson's investor website and access dial-in information for questions.
Ericsson (NASDAQ: ERIC) and its telecom operator partners announce Anthony Bartolo as CEO of their new venture, named Aduna. The venture, launched in September 2024, aims to accelerate global adoption of common network APIs, enabling applications to work seamlessly across any network worldwide.
Bartolo brings over 30 years of tech industry experience, previously serving as COO at Vonage and Bandwidth. His track record includes transforming Avaya's business model, resulting in an 11-fold increase in annual recurring revenue, and holding executive positions at Tata Communications.
Aduna will focus on combining and selling network APIs globally through developer platforms, utilizing existing CAMARA APIs. The venture aims to empower developers to create innovative applications across multiple sectors. Bartolo will assume his CEO role on January 20, 2025, with the venture's closing expected later in the year, pending regulatory approvals.