Ericsson CEO Says Cloud Capability Key to Capturing 5G Market
- Ericsson sees broad 5G market worth $1.2 trillion in 10 years
- Ekholm says virtualization, cloud software central to Ericsson
Ericsson CEO Ekholm Says 5G Is Starting to Happen
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Ericsson AB is betting on cloud technology to capture as much as possible of the $1.2 trillion market it expects fifth-generation mobile broadband services to spur, Chief Executive Officer Borje Ekholm said.
“5G is really starting to happen,” Ekholm said in an interview with Bloomberg TV at the Mobile World Congress in Barcelona. “What we’re starting to see is operators positioning their 4G networks and starting to evolve into 5G.”