Ericsson Presents Its Latest 5G Strategy at 5G MENA 2018
In line with its objective to pioneer 5G development and implementation across the region in the coming years, Ericsson (NASDAQ: ERIC) presented its latest 5G strategy at 5G MENA 2018.
As a Global ICT Strategic Partner Sponsor at the conference, Ericsson hosted a keynote session on creating the 5G connected Future, participated in a keynote panel on 5G Deployment Strategies and Realities, and engaged with customers and key industry players from all over the region throughout the event.
Ericsson is designing 5G for all future business opportunities. With the company’s broadest industry insights and network capabilities, service providers can address explosive traffic growth while also enabling completely new use cases. The network is at the heart of 5G and Ericsson is helping customers seamlessly evolve their networks, solving challenges today and preparing them for when 5G comes. Ericsson’s 5G system is modular, designed for long-term value. By 2026, Ericsson expects operators will be able to address up to USD 619 billion in business opportunity by leveraging 5G technology for industry digitalization.
The conference, which took place from 8-10 April at Jumeirah Beach Hotel in Dubai, brings together telecom operators, solution providers, regulators, and IoT specialists from across the MENA region to define clear use cases, debate new business models, and drive the connected revolution towards LTE-A, IoT, Smart Cities, and 5G.
Ericsson is the world's leading provider of technology and services to telecom operators. Ericsson is the leader in 2G, 3G and 4G mobile technologies, and provides support for networks with over 2 billion subscribers and has the leading position in managed services.
The company's portfolio comprises mobile and fixed network infrastructure, telecom services, software, broadband and multimedia solutions for operators, enterprises and the media industry. The Sony Ericsson and ST-Ericsson joint ventures provide consumers with feature-rich personal mobile devices.
Working in 175 countries, more than 80,000 employees generated revenue of SEK 206.5 billion (USD 27.1 billion) in 2009. Founded in 1876 with the headquarters in Stockholm, Sweden, Ericsson is listed on OMX NASDAQ, Stockholm and NASDAQ New York.
Ericsson has been present in the Middle East for more than 150 years. Ericsson has during these years been working closely with the operators on creating, developing and growing the telecom market in the region.
Ericsson has activities and operations in all 22 countries in Middle East and offices in 20 (Yemen and Afghanistan exceptions). It employs around 5,000 employees. Today it does business with more than 36 operators in the region.
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