ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

ERIC Ericsson

5.505
-0.005 (-0.09%)
29 Mar 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Ericsson NASDAQ:ERIC NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.005 -0.09% 5.505 5.38 5.53 5.56 5.445 5.45 10,412,744 00:00:00

Telenor Sweden Accelerates Industry 4.0 With Ericsson Industry Connect

12/02/2020 10:44am

PR Newswire (US)


Ericsson (NASDAQ:ERIC)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Ericsson Charts.

KISTA, Sweden, Feb. 12, 2020 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Telenor Sweden have signed an agreement making Telenor the first mobile network operator worldwide to join the Ericsson Industry Connect partner program and become a reseller of Ericsson Industry Connect.

Industries and enterprises are transforming as the digitalization of their processes, products and services accelerate. Highly reliable mobile broadband with the capabilities of 4G and 5G is becoming increasingly more important for industries to improve efficiency and flexibility in their operations, drive innovation and to stay competitive.

With this new agreement, Telenor's industrial customers will now be able to explore and utilize the full potential of IT-centric LTE networks customized for smart manufacturing applications. This agreement is a significant step, paving the way for future 5G applications across the sector.

Ericsson's partner program provides a vehicle for communications service providers to resell connectivity technologies to their customers. It also enables independent software vendors, system integrators and tech device partners to offer software, services, and devices as part of the Industry 4.0 ecosystem.  

Kaaren Hilsen, CEO, Telenor Sweden, says: "We are proud to be the first operator joining Ericsson's Industry Connect partner program and are ready to play a pivotal role in this exciting sector. The manufacturing industry is one of the first to truly reap the benefits of 5G, and this partnership extends our portfolio with a solution that allows Telenor Sweden to capture new opportunities in industrial verticals and improve business outcomes for our customers."

Åsa Tamsons, Senior Vice President and Head of Business Area Technologies & New Businesses, Ericsson, says: "Industry 4.0 needs secure, reliable, wireless connectivity. By leveraging our 4G and 5G capabilities and adopting Ericsson Industry Connect, Telenor Sweden can now offer its industrial customers a unique cellular connectivity solution that increases efficiency and productivity for the smart factories of the future."

Purpose-built for industrial environments, Ericsson Industry Connect is a dedicated wireless cellular network that provides secure, reliable coverage, high device density, and predictable latency. Leveraging this connectivity solution, enterprises can gain full visibility of machines, processes and data, using LTE now with a clear path to 5G.

MORE INFORMATION:

Industry 4.0

Ericsson Industry Connect

Ericsson Industry 4.0 partner program

NOTES TO EDITORS:

FOLLOW US:

Subscribe to Ericsson press releases here.

www.twitter.com/ericsson

www.facebook.com/ericsson

www.linkedin.com/company/ericsson

MORE INFORMATION AT:

Ericsson Newsroom

media.relations@ericsson.com  (+46-10-719-69-92)

investor.relations@ericsson.com  (+46-10-719-00-00)

ABOUT TELENOR:

Telenor Sweden is a comprehensive provider of telecommunications services and part of Telenor Group, an international provider of telecommunications, data and media communications services, with approximately 173 million customers. The Group is one of the world's largest mobile operators with sales of 110.4 billion Norwegian kroner (2018) and approximately 20,000 employees. Telenor is listed on the Oslo Stock Exchange (TEL).

Read more at www.telenor.se and www.telenor.com

ABOUT ERICSSON:

Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ericsson/r/telenor-sweden-accelerates-industry-4-0-with-ericsson-industry-connect,c3033062

The following files are available for download:

https://mb.cision.com/Main/15448/3033062/1192143.pdf

Telenor Sweden accelerates Industry 4.0 with Ericsson Industry Connect

https://news.cision.com/ericsson/i/telenor-sweden-and-ericsson-industry-connect-,c2747271

Telenor Sweden and Ericsson Industry Connect

Cision View original content:http://www.prnewswire.com/news-releases/telenor-sweden-accelerates-industry-4-0-with-ericsson-industry-connect-301003596.html

SOURCE Ericsson

Copyright 2020 PR Newswire

1 Year Ericsson Chart

1 Year Ericsson Chart

1 Month Ericsson Chart

1 Month Ericsson Chart

Your Recent History

Delayed Upgrade Clock