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Home»5G Technology»Ericsson (ERIC) deploys private 5G network across Spain
5G Technology

Ericsson (ERIC) deploys private 5G network across Spain

5gantennas.orgBy 5gantennas.orgDecember 22, 2023No Comments4 Mins Read
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Ericsson ERIC recently announced that it has collaborated with Orange Spain, a prominent mobile operator, to deploy a private 5G network for business-to-business (B2B) customers across the country. Orange Spain leverages Ericsson’s dual-mode 5G core to power its 5G standalone network infrastructure. Ericsson’s products also include local packet gateway solutions that are installed at B2B customer premises to provide local breakout.

Local breakout facilitates local data processing and reduces dependence on centralized infrastructure. Local service and direct access to the Internet minimizes latency and increases throughput. This feature is essential for applications that require real-time responsiveness. Many companies have strict rules regarding storing and transmitting information. Local breakout meets these security and privacy requirements by ensuring that your data remains on-premises and isolated from public networks. Additionally, its small footprint, easy installation, and ease of management make it a good choice for service providers.

Orange leverages Ericsson’s industry-leading 5G portfolio to deliver premium services on and off enterprise premises with a network infrastructure that integrates both public and private networks. The integrated network configuration also allows Orange to offer competitive pricing.

Private 5G networks offer transformational opportunities for businesses in the B2B sector. This allows organizations to customize connectivity solutions according to their exact needs. In addition to advanced security measures, it also provides real-time automation that significantly increases productivity and makes operations more cost-effective.

These advanced features enable B2B clients to rapidly adopt new digital technologies, reduce time to market, and increase revenue potential. These cutting-edge capabilities from Ericsson serve as the backbone of Orange’s robust network infrastructure. This enables companies to drive innovation, develop advanced use cases, and strengthen their competitiveness in their industries.

The emergence of the smartphone market and subsequent use of mobile broadband has dramatically increased user demands for coverage speed and quality. Network tuning and optimization is always required to maintain performance as traffic increases. Ericsson is pushing hard among carriers to expand their network coverage and upgrade their networks to faster speeds and higher capacity. The company is reportedly the world’s largest supplier of LTE technology with a significant market share and has established numerous LTE networks around the world.

ERIC focuses on 5G system development and has undertaken many notable efforts to establish itself as a market leader. The company believes that 5G standardization will become the basis for the digitalization of industry and broadband. Ericsson expects his mainstream 4G products to be replaced by 5G technology in the future. Currently, there are 157 live 5G networks across 66 countries around the world.

The company’s stock has risen 4.6% over the past year, compared to the industry’s rise of 10.7%.

Zacks Investment ResearchZacks Investment Research

Zacks Investment Research

Image source: Zacks Investment Research

Ericsson currently carries a Zacks Rank #3 (Hold).

Stocks to consider

Model N Co., Ltd. MODN currently has a Zacks Rank #2 (Buy), but its average return for the fourth quarter was an impressive 20.78%.You can see See the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

MODN provides revenue management solutions to life sciences and technology companies, including applications for configuration, pricing, quoting, rebate management, and regulatory compliance. In the last reported quarter, the company delivered an earnings surprise of 3.33%.

Arista Networks Co., Ltd. With a Zacks Rank #2, ANET could benefit from strong momentum and diversification across its top industries and product lines. The company takes a software-driven, data-centric approach to help customers build cloud architectures and improve cloud experiences. Arista delivered his 12% surprise in subsequent fourth quarter average earnings.

ANET holds a leading position in 100 Gigabit Ethernet switching share of ports in the high-speed data center segment. Arista has gained market traction with its 200 Gigabit and 400 Gigabit high-performance switching products, and with its proactive platform and predictive operations, it is well-positioned for healthy growth in its data-driven cloud networking business .

NVIDIA Corporation NVDA, which currently has a Zacks Rank #2, delivered an impressive four-quarter return of 18.99%. In the last reported quarter, the stock delivered an impressive return of 19.64%.

NVIDIA is the world leader in visual computing technology and the inventor of the graphics processing unit. Over the years, the company’s focus has evolved from his PC graphics to AI-based solutions that support high-performance computing, gaming, and virtual reality platforms.

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Click here to read this article on Zacks.com.

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