Ericsson Partners with Singtel to Deploy 5G Technology at Singaporean Port

Ericsson ERIC has surged 62% over the past year compared with the industry’s growth of 43.2%, outperforming peers like Nokia Inc. NOK and Motorola Solutions Inc. MSI.

Ericsson is well-positioned to capitalize on the market momentum with a competitive 5G product portfolio. With a holistic growth focus, the company strives to be the leading telecommunications infrastructure provider worldwide and establish a focused enterprise business.

One-Year Price Performance

European equities traded in the US as American depositary receipts were moving lower late Wednesday morning, declining 0.30% to 1,306.85 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by medical device maker EDAP TMS and petroleum refiner Equinor , which rose 11% and 2.9%, respectively. They were followed by telecommunications company Nokia and biopharmaceutical company argenx , which were up 2.2% and 2%, respectively.

The decliners from continental Europe were led by biopharmaceutical company Genfit and telecommunications company Ericsson , which dropped 4.4% and 4.1%, respectively. They were followed by biopharmaceutical company Cellectis and brewing company Anheuser-Busch InBev , which were down 2.8% and 2.1%, respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Biodexa Pharmaceuticals B and insurance firm Prudential , which increased 3.1% and 1.5%, respectively. They were followed by biopharmaceutical company Bicycle Therapeutics and financial services company Barclays , which were up 1.1% and 0.8%, respectively.

The decliners from the UK and Ireland were led by pharmaceutical company Silence Therapeutics and biopharmaceutical company Akari Therapeutics , which lost 15% and 5.6%, respectively. They were followed by medical device maker Smith & Nephew and utilities company National Grid , which were off 1.8% and 0.8%, respectively.

Ericsson ERIC has successfully completed an innovative 5G slicing automation project in Belgium in collaboration with the telecommunication company Orange Belgium. The project, funded by the Belgian State Federal Public Service Economy under its “Telecom to the next level - toward sustainable and innovative solutions” program, represents a major leap forward in automating the management of 5G network slices, offering a critical foundation for future enterprise applications.

Digging Deep Into ERIC-Orange Belgium Collaboration

At the heart of the project is the deployment of Ericsson’s state-of-the-art Service Orchestration and Assurance platform. By connecting with various domain managers and controllers, this multi-domain, multi-technology solution enables seamless cross-domain service orchestration and assurance across access, transport and core networks.

This is the first time the solution has been used to seamlessly create and manage end-to-end 5G network slices across core and radio network domains in a multi-vendor and shared radio access network scenario. MWingz, a joint venture between Orange Belgium and Proximus, supported the integration, ensuring smooth coordination between Ericsson’s orchestration platform and the shared radio network infrastructure, contributing to the overall success of the initiative.

A major achievement of the project was the automated lifecycle management of 5G network slices, customized to meet the needs of enterprise customers. These slices were tested in a live enterprise setting, showcasing their scalability and practical applications for industries requiring secure, high-performance and low-latency connectivity.

Does ERIC Stand to Gain From the Development?

With the emergence of the smartphone market and subsequent usage of mobile broadband, user demand for coverage speed and quality has increased recently. Ericsson is focusing on 5G system development and has undertaken many notable endeavors to position itself for market leadership on 5G.

Ericsson's innovative solutions are reshaping connectivity across sectors, from enhancing network visibility through advanced 5G deployments to revolutionizing industries with robust IoT innovations. With this successful demonstration, Ericsson has highlighted the future possibilities of 5G network slicing, paving the way for a new era of advanced, flexible and customizable network services. This development not only boosts the telecom sector's capabilities but also lays the foundation for the digitization of businesses and communities, helping drive Belgium’s 5G ecosystem forward.

These advancements are expected to generate incremental demand for Ericsson’s solutions, leading to higher revenues. An improved financial performance is likely to propel the stock upward.

ERIC’s Stock Price Performance

Shares of Ericsson have gained 67.9% over the past year compared with the industry’s growth of 43.8%.

T-Mobile US, Inc. TMUS recently announced that it is revving up for the Formula 1 Heineken Silver Las Vegas Grand Prix, delivering a series of cutting-edge, 5G-powered experiences for fans attending the race or watching from home. From immersive new camera views to seamless event operations, the telecommunication giant uses its industry-leading 5G network to take the fan experience to a new level during the race weekend, from Nov. 21 to 23.

What TMUS Brings to the Table?

At the heart of T-Mobile's innovations is a suite of 5G-Enhanced Camera Views, offering fans a never-before-seen perspective of the race. These cameras include a 5G-powered drone that will capture sweeping aerial shots of the Las Vegas Strip, while trackside cameras will deliver first-person views of the race. These enhanced angles will likely give fans a closer, more immersive experience of the iconic Las Vegas Strip Circuit. For those tuning in from home, T-Mobile's advanced 5G network will likely ensure seamless live HD broadcasts powered by real-time data transmission through secure network slicing, bringing the thrill of the race to a global audience.

Additionally, T-Mobile is also introducing 5G-powered race replays. Through its F1 Las Vegas app, fans can enjoy highlights and replay every spin-out and lead change in real time. Moreover, T-Mobile customers with Magenta Status will have access to exclusive replays, ensuring they do not miss any thrilling on-track action.

The company is also focused on improving event operations, leveraging its advanced 5G network slicing to streamline everything from ticket scanning to concession purchases. This ensures a smooth experience for fans entering the event or making purchases without any delays. Furthermore, operations teams will be equipped with T-Mobile Push to Talk, ensuring seamless communication across the venue.

Does TMUS Stock Stand to Gain From the Deal?

T-Mobile continues to boast a leadership position in the 5G market. The company is extending its reach beyond the main event with a variety of fan experiences around Las Vegas. Its Signature Store on the Strip will feature an interactive driving simulator and an augmented reality experience, allowing fans to virtually explore race technology and take a spin in a full-sized F1 car. Fans can also enter to win race tickets, meet F1 drivers and/or grab exclusive merchandise at the store.

These advancements are expected to generate incremental demand for T-Mobile’s solutions, leading to higher revenues. An improved financial performance is likely to propel the stock upward.

TMUS’ Stock Price Performance

Shares of T-Mobile have gained 59.6% over the past year compared with the industry’s growth of 37%.

TMUS’ Zacks Rank and Stocks to Consider

T-Mobile currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the broader industry have been discussed below.

Arista Networks, Inc. ANET carries a Zacks Rank of 2 (Buy) at present. It supplies products to prestigious customers, including Fortune 500 global companies in markets such as cloud titans, enterprises, financials and specialty cloud service providers. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

In the last reported quarter, ANET delivered an earnings surprise of 14.83%. It has a long-term growth expectation of 16%.

Workday Inc. WDAY carries a Zacks Rank #2 at present. In the last reported quarter, it delivered an earnings surprise of 7.36%.

WDAY is a top supplier of enterprise-level software solutions for the fields of human resources and finance management. The company's cloud-based platform makes it simpler for businesses to offer analytical insights and decision support by integrating finance and human resources into a single system.

Ericsson ERIC carries a Zacks Rank #2 at present. In the last reported quarter, it delivered an earnings surprise of 22.22%. A leading provider of telecom services, communication networks, and support solutions, Ericsson is also diversifying into the provision of ICT (information and communications technology) solutions.

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