Ericsson and Cisco ink collaboration deal

Major strategic agreement to develop networks of the future
Chuck Robbins and Hans Vestberg discuss the agreement.
Chuck Robbins and Hans Vestberg discuss the agreement.

Share

Telecom and IT giants Ericsson and Cisco have formed a “next-generation strategic partnership” to create the networks of the future.

The partnership will combine the best of both companies: routing, data center, networking, cloud, mobility, management and control, and global services capabilities.

Ericsson, together with Cisco, will offer end-to-end leadership across network architectures for 5G, cloud and IP, and the Internet of Things.

The companies said that the announcement is supported by multiple agreements including a global service partner agreement, as well as a broad reseller agreement. The parties have also agreed to discuss FRAND policies and enter a licensing agreement for their respective patent portfolios.

Hans Vestberg, president and CEO, Ericsson, says: “This partnership fortifies the IP strategy we have developed over the past several years and it is a key step forward in our company transformation.”

Chuck Robbins, CEO, Cisco, said: “With the pace the market is moving, the successful companies will be those who build the right strategic partnerships to accelerate innovation, growth, and customer value. Today’s announcement brings together two visionary industry leaders, with complementary cultures and track records of innovation. We have worked with Ericsson during the last year on developing a strategy for future industry leadership, and can start executing together today. Our partnership will drive growth for both companies, unique value for our customers, and incredible innovation for the industry.”

The agreement was broadly welcomed by the two firms’ telecoms customers. Vittorio Colao, group CEO at Vodafone, said: “We welcome the partnership between Ericsson and Cisco which we believe will accelerate the pace of innovation across the communications industry as ultrafast networks, cloud services, and the Internet of Things become increasingly central to our customers' needs.”

Randall Stephenson, CEO at AT&T, added, “Cisco and Ericsson's announcement further reinforces the importance of seamlessly integrating IP and wireless solutions. This type of initiative is in line with the plans and investments we’ve laid out over the last four years for integrated solutions.”

 

Editor's Choice

The robots are coming: Impact of AI on executive search
As the technology industry’s elite struggle to agree on the potential impact of AI and a raft of people queuing up to advise on the potential disruption it will cause, this article by John Curtis-Oliver, Partner at Boyden studies the potential impact on the executive hiring and the executive search industry.
Saudi Football changes pitch from MBC to STC
The news comes just a few days after the release of Saudi businessman Waleed al-Ibrahim, who has management control of MBC. Reuters reports senior Saudi officials saying that Ibrahim agreed to an “undisclosed settlement after admitting to unspecified violations”.
HetNets: paving the way for “ultraband” age
Over time, telecom operators will provide consumers with a “universal connectivity” service (to rule them all), incorporating Wi-Fi and mobile broadband as a single resource, in an “always best connected” mode, leading to an ultraband connectivity service.

Don't Miss a Story

You may also like

Batelco aims for net profits in the range of BD40 - 45 million in 2018
Operator group's net profits for 2017 declined significantly though the company managed to grow its revenues organically for the first time since 2009
#MWC2018: Spotlight shines on 5G, IoT and AR
Hard to predict what will ‘turn around the fate’ of telecom operators, but there is potential for those who can play the role of enabling platform for new digital services and players, as well as for new features and capabilities across traditional industries, says Luis Cirne, partner, communications, media and technology (CMT) practice at Oliver Wyman
VIVA Bahrain facilitates TRA's SIM registration at UAE Exchange branches
In addition to buying VIVA prepaid recharges and paying post-paid bills, customers can walk into any of the nearest UAE Exchange branch and complete their mandatory biometric registration.
FTA Channel enters new phase in video delivery with SES and MX1
The non-linear distribution service provided through SES's wholly owned subsidiary, MX1, will be the first of its kind in Equatorial Guinea.