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Cisco, Ericsson Partner To Create 'Networks of the Future'

2015-11-11 20:25:29| Telecom - Topix.net

Systems and the Swedish telecom giant Ericsson announced a sweeping global partnership Monday that's a few steps short of a merger, but which should shake up the networking industry with a powerful new combination. devices through 5G, the next phase of mobile telecommunications.

Tags: create future partner networks

ABI Research names Ericsson video middleware market leader

2015-11-11 20:00:14| Digital TV News

ABI Research has named Ericsson (NASDAQ: ERIC) the leading global video middleware vendor in their recent competitive assessment covering Middleware, Conditional Access, and DRM.

Tags: video research market names

Ericsson Teams With Cisco as Networks Meld Amid Data Surge

2015-11-10 21:47:58| Appliances - Topix.net

Ericsson AB is partnering with Cisco Systems Inc. to develop telecommunications networks, the latest combination in the industry as equipment makers seek to expand their offerings to handle soaring Internet traffic. Stockholm-based Ericsson, the biggest maker of wireless networks, and San Jose, California-based Cisco, the largest maker of Internet-network gear such as routers and switches, said Monday they will cooperate in development and delivery of systems to telecommunications carriers and other customers.

Tags: data networks teams ericsson

Ericsson sees small slowdown in market growth

2015-11-10 09:16:00| Telecompaper Headlines

(Telecompaper) Ericsson forecast a slightly slower rate of growth for the global telecom market in the coming period, but said it still expects to outperform the market. At its latest Capital Markets Day, the company said the total addressable market will show an estimated CAGR of 2-4 percent in 2014-2018, compared to a forecast of 3-5 percent growth for 2013-2017. In addition to growing its core business of radio, core and transmission network equipment, Ericsson outlined adjacent targeted areas where it expects to exceed the market CAGR of 10 percent per year. These areas - cloud, IP networks, TV and media, OSS and BSS, as well as the 'Industry & Society' sector - will contribute around SEK 45 billion in revenue for the company this year, up from SEK 35 billion a year ago. The just announced partnership with Cisco is also expected to generate USD 1 billion or more of additional sales by 2018. Ericsson also confirmed its target for SEK 9 billion in annual costs savings by 2017. However, the one-time costs of the restructuring needed to achieve the savings will be higher than initially forecast, at SEK 3.4-4.5 billion in 2015-2017, versus the first estimate of SEK 3-4 billion. Ericsson said around half the savings will reduce operating expenses and the other half will impact cost of sales.

Tags: small market growth ericsson