Ericsson

With new data-heavy technologies like virtual and augmented reality coming into the market, Ericsson has created a 5G network to better handle the move to these next-gen technologies.

Ericsson, in partnership with Intel and Verizon, took to the track during the Indianapolis 500 to test some 5G network and virtual reality technology.

Ericsson is taking measures that it says is in line with its “ongoing cost and efficiency program,” reducing a total of 3,000 positions across the company’s Sweden locations.

U.K. viewers are expected to be getting one of their first experiences with a virtualized live broadcast, courtesy of Ericsson and UKTV.

Ericsson has signed a multi-year contract to provide the online video platform for T-Mobile Netherlands’ new OTT service, KNIPPR.

Consumer interest for video content is on the rise, according to Ericsson’s Mobility report from Nov. 2015.

Fox Innovation Lab, Ericsson, Intel and AT&T are helping to make use of 5G possible

One Equity Partners will become the new majority owner of Media Solutions business with assets and staff transferring to a new independent company when the deal closes in the third quarter of 2018.

Ericsson Broadcast and Media Services business will be renamed Red Bee Media, effective immediately, the company announced today.