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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Ericsson AB    ERIC B   SE0000108656

ERICSSON AB

(ERIC B)
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Telefonaktiebolaget LM Ericsson publ : OPPO contributes to realising first5G standalone network in UK with industry leaders

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07/08/2020 | 08:26am EDT

OPPO last week announced its contribution in the successful deployment of the first5G Standalone (SA) networks and the first 5G SA network slicing services in collaboration with Vodafone and Ericsson, marking a significant milestone in the construction of Europe's 5G SA network.

OPPO Find X2 Pro and Reno3 5G smartphones testing 5G SA performance in OPPO's lab

Deployed in Coventry University in the UK, the new networks was verified with OPPO's 5G smartphones powered by Qualcomm Technologies and MediaTek's 5G mobile platforms respectively.

OPPO and Ericsson worked with Qualcomm Technologies and MediaTek separately to develop network slice switching software solutions based on OPPO's Find X2 Pro and Reno3 smartphones so users can easily switch from different slices to enable the best experience for different needs. One slice was used for high-speed access to the Internet, while the other provided a dedicated connection for faculty members and students to quickly access school resources, and to conduct low-latency, high-definition long-distance teaching, and learning.

According to the definition of 3GPP, the umbrella term for the standards organizations that develop protocols for mobile telecommunications, 5G is classified into two modes: NSA (Non-Standalone) and SA (Standalone), where SA refers to an independent network architecture using 5G base stations and 5G core network. Major telecom operators around the world are vigorously advancing the deployment of 5G SA as it is the go-to network architecture of the future.

5G network slicing, which can be applied to the 5G core network architecture, is a technology that divides the physical network into multiple virtualized end-to-end networks. Each sliced network is independent and can have its own resources so that 5G resources can be allocated and utilized more efficiently and flexibly to meet the needs of different user scenarios in accordance with the varying characteristics of applications.

The 5GSAand network slicing technologies are the latest achievements of OPPO's pioneering research in 5G and OPPO will continue to be a leader in 5G with continuous R and D investment. OPPO believes in a future of intelligent connectivity and 5G is the backbone of that vision. OPPO works closely with supply chain partners to advance 5Gtechnology and elevate user experience while partnering with leading carriers and retailers to connect to more people. OPPO has already struck partnerships with more than 40 major carriers in Europe and will continue to build sustainable success through state-of-the-art products and constant and deep interactions with existing and new partners.

© Pakistan Press International, source Asianet-Pakistan

Stocks mentioned in the article
ChangeLast1st jan.
ERICSSON AB 1.42% 103.55 Delayed Quote.25.18%
MEDIATEK INC. -1.88% 680 End-of-day quote.53.33%
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Financials
Sales 2020 234 B 26 963 M 26 963 M
Net income 2020 14 407 M 1 662 M 1 662 M
Net cash 2020 16 190 M 1 868 M 1 868 M
P/E ratio 2020 24,2x
Yield 2020 1,49%
Capitalization 346 B 39 891 M 39 962 M
EV / Sales 2020 1,41x
EV / Sales 2021 1,32x
Nbr of Employees 99 800
Free-Float 89,0%
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 107,29 SEK
Last Close Price 103,55 SEK
Spread / Highest target 20,7%
Spread / Average Target 3,62%
Spread / Lowest Target -16,9%
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NameTitle
Erik Börje Ekholm President, Chief Executive Officer & Director
Ronnie Leten Chairman
Carl Mellander CFO, Senior VP & Head-Group Function Finance
Erik Ekudden Chief Technology Officer & Senior Vice President
Torbjörn Nyman Director
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