Telefonaktiebolaget LM Ericsson Stock Price, News & Analysis

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.

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.