Will ERIC's Breakthrough in Mobile Connectivity Propel Stock Growth?
ERICEricsson(ERIC) ZACKS·2024-09-03 02:00

Ericsson (ERIC) announced that it achieved a milestone in mobile connectivity that would lay the groundwork for developing 5G advanced technologies in collaboration with Telstra. In this venture, Telstra, a leading mobile network provider in Australia, deployed the RAN Processor 6672, which is part of ERIC’s fourth generation of RAN (Radio Access Network) purpose-built platform, within its Centralised RAN configuration. The solution, validated by Telstra, demonstrated three times the capacity compared with ...