Ericsson ERIC recently announced cutting-edge 5G cloud radio access network (RAN) technology Turkcell Communication Services Co., Ltd.TKC Network.
Ericsson’s Cloud RAN is a cloud-native solution that virtualizes radio access network functions and disaggregates hardware and software. The design supports Communications Service Providers (CSPs) in evolving towards cloud-native technologies and open network architectures, enabling greater flexibility, faster service delivery and improved scalability for modern networks.
In addition to providing hardware and software, Ericsson conducted a series of demonstrations, test cases and performance evaluations during the trial, enabling Turkcell to quickly bring new innovative services to the market.
Following the trial, Turkcell will aim to incorporate the Open RAN approach within its service management and orchestration framework and enhance network management capabilities using rApps across both dedicated deployments and Cloud RAN.
Ericsson and Turkcell have a long-standing collaboration dating back to 1994, and recently have been jointly exploring W-Band solutions to address the growing demand for broadband services. The success of this trial highlights the strengthening partnership between the two companies and is aligned with Ericsson’s goal of driving digital transformation and innovation in Turkey. Turkcell is one of the first CSPs globally to adopt this cutting-edge solution. The trial will help CSPs move towards an Open RAN network strategy.
Ericsson’s innovative solutions are reshaping connectivity across sectors, from enhancing network visibility with advanced 5G deployments to transforming industries with robust IoT innovations. The company’s leadership in cloud and edge computing provides scalable solutions for efficient digital infrastructure worldwide, ensuring flexibility and resilience in a rapidly evolving digital environment. These advancements will play a key role in significantly shaping the future of mobile connectivity and network infrastructure.
Ericsson shares have risen 43.8% over the past year, compared with 48.7% growth in the industry as a whole.
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Zacks Rank and Top Stocks
Ericsson currently carries a Zacks Rank #3 (Hold).
Below, we’ll discuss some of the top-ranked stocks across industries.
Arista Networks, Inc. ANET carries a Zacks Rank #1 (Strong Buy) and serves top-tier clients including Fortune 500 global companies in the cloud giants, enterprise, financial and specialty cloud service provider markets. You can see the complete list of today’s Zacks #1 Rank stocks here.
Over the past four quarters, the average earnings surprise has been 15.02%. In the most recent quarter, Arista delivered an earnings surprise of 8.25%.
CommScope Holdings Inc. COMM, carrying a Zacks Rank #1, is a leading provider of infrastructure solutions, including wireless and fiber optic solutions for the core, access and edge layers of communications networks. The company has an expected long-term growth rate of 24.93%.
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Ericsson (ERIC): Free Stock Analysis Report
Turkcell Iletisim Hizmetleri AS (TKC) : Free Stock Analysis Report
CommScope Holding Company, Inc. (COMM) : Free Stock Analysis Report
Arista Networks, Inc. (ANET) : Free Stock Analysis Report
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