The company's President and CEO
New measurements from Ericsson show that half of all LTE smartphone traffic goes through Ericsson networks and the company is ranked number one for LTE market share in the world's top 100 cities.
Additionally, the company's number one position in Services is extended with a new launch of Telecom Cloud Transformation, which provides consulting and systems integration for operators. With 43% of Ericsson's sales coming from Services, the business area is playing a key role in the company's own transformation.
While the world becomes more data-centric, networks are undergoing IT and telecom convergence. Evidence of Ericsson's continuous focus on IP and industry-leading network technology and services is the recent announcement of the strategic agreement with packet optical-network provider Ciena. Mobile and fixed systems require a superior transport network, and IP -optical convergence plays a key role in this transition.. The agreement allows Ericsson to grasp this growth opportunity by strengthening its portfolio with integration between Ciena's optical technology and Ericsson's IP and SDN technology.
During 2013, Ericsson launched a game-changing product for indoor coverage: the Ericsson Radio Dot System, which was endorsed by customers AT&T and Verizon. Vestberg named additional customers, who have committed to trialing the Radio Dot System in their home markets: MTN,
He outlined Ericsson's strategic moves and launches this year that support customers in three categories: network evolution, OSS/BSS and process transformation, and innovation and revenue growth.
Onstage guests highlighted business deals in each category. Verizon CTO
In the innovation and revenue growth area, Vestberg was joined onstage by the CEO of Philips to announce the Zero Site, an innovative LED lamp post that allows city officials to rent space to service providers for mobile broadband equipment.
An important change in the industry and for Ericsson has been the continued development and market growth of OSS and BSS solutions, which help service providers launch applications faster (from months to days or hours) and enable real-time analytics to support operators in ensuring superior customer experiences. Having strengthened its position in the area Ericsson's leading position was reaffirmed by a new deal announced with North American operator CenturyLink. Service Agility from Ericsson will allow CenturyLink to improve the customer experience via product consolidation, system transformation and network simplification.
Vestberg described five new trends for 2014: Digital Lifestyle drives demand; ICT transforming industries; Data brings new business models; Customer experience in focus; and Superior network performance wins. He predicted that mobile video traffic growth would exceed 75 percent and that the global probability of getting mobile data throughput of at least 1Mbps, or sufficient app coverage, during 2014 would increase, but not enough. "We need continuous app coverage to support our new ways of living and doing business," said Vestberg.
You can find us at MWC in Hall 2, Stand 2S60. Follow us during the event using @Ericsson and @Networked_Soc and join the discussion using #MWC14.
Insights from our experts and
NOTES TO EDITORS
Must-see demos at MWC2014
Ericsson Mobile World Congress Media Kit
Download high-resolution photos and broadcast-quality video at www.ericsson.com/press
Ericsson is a world-leading provider of communications technology and services. We are enabling the
Our offering comprises services, software and infrastructure within Information and Communications Technology for telecom operators and other industries. Today 40 percent of the world's mobile traffic goes through Ericsson networks and we support customers' networks servicing more than 2.5 billion subscribers.
We are more than 110,000 people working with customers in more than 180 countries. Founded in 1876, Ericsson is headquartered in
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Ericsson Investor Relations
Phone: +46 10 719 00 00
Ericsson sets agenda for transformation of industries through 2014 http://hugin.info/1061/R/1763978/597957.pdf
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