Ericsson CEO Says He’s the First to Tap a $20 Billion API Market

Borje EkholmPhotographer: Graham Hughes/Bloomberg
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Ericsson AB and Deutsche Telekom AG announced a partnership to offer communication and network APIs to developers and enterprises, in what the Swedish company called a milestone in its goal to help operators make money from network investments.

The deal will let Deutsche Telekom offer a portal for APIs, which are programs that allow different applications or systems to communicate, from Vonage, Ericsson said in a statementBloomberg Terminal on Wednesday.