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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Telefonaktiebolaget LM Ericsson (publ)    ERIC

TELEFONAKTIEBOLAGET LM ERICSSON (PUBL)

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Ericsson : named a Leader in the 2021 Gartner Magic Quadrant for 5G Network Infrastructure for Communications Service Providers report

02/23/2021 | 05:14am EST

STOCKHOLM, Feb. 23, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has been named a Leader in the 2021 Magic Quadrant for 5G Network Infrastructure for Communications Service Providers by independent IT research and advisory company, Gartner.

Ericsson's Leaders quadrant recognition in the February 2021 Gartner Magic Quadrant for 5G Network Infrastructure for Communications Service Providers (CSPs) report recognizes the company's Leader position in both completeness of vision and ability to execute.

Vendors offering 5G solutions for communications service providers were comprehensively and independently assessed and evaluated by Gartner experts on their completeness of vision and ability to execute, to provide a market snapshot on 5G infrastructure abilities.

End-to-end 5G network infrastructure vendors were evaluated on how they enable IT provider performance to be competitive, efficient and effective and to positively impact revenue, retention and reputation within Gartner's view of the market. The assessment of ability to execute included Ericsson's products and services, Market Responsiveness and Track Record, Marketing Execution, Customer Experience, and Overall Viability.

Fredrik Jejdling, Executive Vice President and Head of Networks, Ericsson, says: "From research to rollout, we have invested heavily in 5G to ensure we have the best products, skills and field personnel to meet our customers' needs. We believe that recognition as a Leader in the Magic Quadrant from Gartner reflects our technology leadership, market competitiveness, determination to innovate and commitment to our customers."

Ericsson, as an industry leader in 5G networks, currently has more than 130 commercial 5G agreements with unique communications service providers (CSPs) and powers 79 live 5G networks across the globe.

Ericsson continuously evolves its end-to-end 5G offerings, which include Ericsson Radio System, 5G Core, Orchestration and 5G Transport as well as professional services. The company has introduced innovative software solutions such as Ericsson Spectrum Sharing, 5G carrier aggregation and Uplink Booster, which significantly improve coverage, user throughput and spectral efficiency. 

These solutions support service providers in deploying and evolving 5G to ensure the best end-user experience. In addition, Ericsson Radio System products delivered since 2015 can support 5G New Radio (NR) capability through remote software installation.

Ericsson Digital Services offers a dual-mode 5G Core solution for smarter networks to drive smarter business, allowing communications service providers to offer a multitude of new business opportunities for mobile users and industries.

Ericsson's 5G Core solution combines an Evolved Packet Core and 5G Core network functions into a common cloud-native platform that supports 5G NR Standalone and Non-standalone, plus 4G, 3G and 2G.

Download the full report: the 2021 Gartner Magic Quadrant for 5G Network Infrastructure for Communications Service Providers

Gartner Disclaimer:
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

MORE INFORMATION:
Ericsson 5G
Ericsson 5G Core
Ericsson Radio System
Ericsson Spectrum Sharing
Ericsson 5G carrier aggregation
Ericsson Uplink Booster
Ericsson Cloud Native
CSPs guide to build a cloud native 5G Core

NOTES TO EDITORS:

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MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com  (+46 10 719 69 92)
investor.relations@ericsson.com  (+46 10 719 00 00)

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. It is designed to help our customers go digital, increase efficiency, and find new revenue streams. Ericsson's innovation investments have delivered the benefits of mobility and mobile broadband to billions of people around the world. 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/ericsson-named-a-leader-in-the-2021-gartner-magic-quadrant-for-5g-network-infrastructure-for-communi,c3293897

The following files are available for download:

https://mb.cision.com/Main/15448/3293897/1377552.pdf

PDF Ericsson named a Leader in the 2021 Gartner Magic Quadrant for 5G Network Infrastructure for Communications Service Providers report

https://news.cision.com/ericsson/i/-ericsson-headquarters--stockholm--sweden-,c2880493

Ericsson headquarters, Stockholm, Sweden.

 

Cision
View original content:http://www.prnewswire.com/news-releases/ericsson-named-a-leader-in-the-2021-gartner-magic-quadrant-for-5g-network-infrastructure-for-communications-service-providers-report-301233218.html

SOURCE Ericsson


© PRNewswire 2021
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