Welcome to our dedicated page for Telefonaktiebolaget LM Ericsson news (Ticker: ERIC), a resource for investors and traders seeking the latest updates and insights on Telefonaktiebolaget LM Ericsson stock.
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.
Ericsson forecasts that global 5G subscriptions will exceed 190 million by the end of 2020 and reach 2.8 billion by 2025. The June 2020 Ericsson Mobility Report highlights an increased reliance on digital infrastructure during the COVID-19 pandemic, with mobile and fixed networks becoming crucial for connectivity. Despite slow growth in some markets, overall 5G subscription projections have been raised. The report also indicates significant growth in Fixed Wireless Access (FWA), expected to account for 25% of global mobile data traffic by 2025.