September 5, 2023
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3min
      Huawei and Ericsson have signed a long-term global patent cross-licensing agreement that covers patents essential to a wide range of standards such as 3GPP, ITU, IEEE, and IETF standards for 3G, 4G, and 5G cellular technologies. The agreement covers the companies’ respective sales of network infrastructure and consumer devices, granting both parties […]

March 15, 2022
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5min
          Ericsson’s commercial 5G leadership and technology evolution is independently known industry-wide Ericsson positioned as a Leader for the second year in a row Ericsson (NASDAQ: ERIC) has been named a Leader in the 2022 Magic Quadrant for 5G Network Infrastructure for Communications Service Providers report by Gartner. Published on February […]

July 12, 2021
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8min
      Economist Intelligence Unit (EIU) report – Connecting Learners: Narrowing the Educational Divide – highlights four key areas for multi-sector collaboration Ericsson is an early funder and Global UNICEF partner for school connectivity mapping in support of the Giga initiative Empowering children and communities through school connectivity and enabling access to quality digital […]

November 23, 2020
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5min
5G could drive up to USD 31 trillion in cumulative consumer revenue in the ICT industry by 2030 Communications service providers (CSPs) could earn up to USD 3.7 trillion in cumulative 5G-enabled consumer revenues by 2030 Augmented Reality (AR) could drive more than half of all consumer spending on immersive media by 2030 The 5G […]

August 14, 2020
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4min
Ericsson achieves 100th 5G commercial agreement with unique communications service providers Ericsson President and CEO, Börje Ekholm: milestone reflects Ericsson’s commitment to meeting customers’ needs Milestone includes 56 live networks globally Ericsson 5G platform helping to drive the company’s success Ericsson (NASDAQ: ERIC) has achieved a significant 5G milestone by securing the company’s 100th commercial […]

August 6, 2020
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2min
Ericsson (NASDAQ: ERIC) today announced the appointment of David Hägerbro as Head of Ericsson Malaysia, Sri Lanka & Bangladesh and Global Customer Unit Axiata. Prior to taking on his new role, David was Head of Strategy, Technology & Government & Industry Relations, for South East Area, Oceania and India. Nunzio Mirtillo, Head of Ericsson South east […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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