L-R VP and MD of Ericsson South and East Africa, Todd Ashton, Telkom CEO, Mugo Kibati and NEC XON GM Wireless, Willem Wentzel. Telkom Kenya Limited, the Helios Investment Partners and Government of Kenya joint venture, has signed a memorandum of understanding (MOU) with Ericsson, the telecommunications company, and NEC XON, the systems integrator, to add 2,000 wireless sites onto Telkom Kenya’s network by 2023. The approximately $100-million nationwide rollout is part of Telkom Kenya’s long-term network expansion strategy announced in August last year when it began its strategic digital transformation reorganisation, as well as lay the groundwork towards the company’s long-term goal to become the technology partner of choice in Kenya and the region. Telkom Kenya has identified its fibre in...
Ericsson has completed its acquisition of Cradlepoint, a Wireless WAN Edge 4G and 5G solutions company. The investment is key to Ericsson’s ongoing strategy of capturing market share in the rapidly expanding 5G enterprise space. Through Cradlepoint’s solutions, companies can connect sites, vehicles, mobile workforces, and IoT devices in a simple and secure way of using cellular technology. By leveraging the combined offering, Ericsson will be able to create valuable new revenue streams for its customers by supporting 5G-enabled services for enterprise and boost returns on investments in the network. Cradlepoint will operate as a stand-alone subsidiary within Ericsson and continue to build on the current market momentum as 5G is speeding up digital transformation and increasing the need for...
Digital technologies are transforming industries worldwide. With 5G being deployed across the region, service providers increasingly recognise the new business opportunities that digital transformation of the enterprise market will bring. However, to successfully address these opportunities and accelerate longer-term growth, they need to extend their focus from traditional revenue streams to centre on digitalising targeted industries. While leading service providers in the region are already taking steps to look beyond connectivity and focusing on a few specific industries, they should also expand their strategic ambition beyond mobile broadband in each targeted industry. According to an Ericsson report entitled “Capturing business opportunities beyond mobile broadband”, almost half of the...