Ericsson Restructures Business to Focus More on Mobile Infrastructure, Business Opportunities, Telecom News, ET Telecom

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NEW DELHI: Swedish telecoms equipment maker Ericsson Wednesday has revamped its group structure and management team, in a move it says will help execute the company’s growth strategy.

The new changes will take effect from June 1, 2022, according to an official statement from Ericsson.

The company merged “Business Area Digital Services” and “Business Area Managed Services” to create a combined unit – Business Area Cloud Software and Services – to propel the growth of the mobile infrastructure industry and capitalize on the convergence of cloud, software and services.

Per Navinger will lead this new unit as senior vice president and head of the Software and Cloud Services business area. Naviger will also be a member of Ericsson’s management team.

Jan Karlsson, currently Head of Business Area Digital Services, will leave the leadership team and instead lead the development of the global network platform, reporting to CEO Börje Ekholm, while Peter Laurin, Head of Services managed in the business area, will be leaving Ericsson for opportunities outside of the company, the statement added.

“By combining the two business areas, we can coordinate our investments in orchestration and AI solutions by leveraging insights from our network operations. This will allow us to remain a technology leader in an ever-changing market” , Ekholm said.

Ericsson also created a new Business Area Enterprise Wireless Solutions unit, comprising the current Cradlepoint business and the Dedicated Networks unit.

George Mulhern is appointed senior vice president and head of the Enterprise Wireless Solutions business area and will be a member of Ericsson’s leadership team. Mulhern is currently CEO of Cradlepoint.

Åsa Tamsons will continue as Senior Vice President and Head of Technology and New Business, which will continue to focus on developing new business solutions to accelerate growth in Ericsson’s core and enterprise businesses.

“The new Enterprise Wireless Solutions business area will provide the direction and conditions we need to thrive in the enterprise market and ensure the next wave of success for this company,” Ekholm added.

Ericsson has also added effective group-wide Global Operations functions. This will combine the support functions that are currently spread across the business, including procurement, IT, digital transformation, group sales, real estate and the operational parts of the human and finance functions.

Vi achieved this speed on a single test device using a combination of mid-band and high-band (mmWave or mmWave) 5G test spectrum using Ericsson equipment such as Massive MIMO 5G Core radios Ericsson cloud-native dual-mode for stand-alone (SA) and NR-DC (New Radio-Dual Connectivity) software, according to an official statement released Friday.

Moti Gyamlani has been appointed senior vice president and head of global operations for group functions and will be a member of Ericsson’s management team. Moti is currently working as Group Sourcing Manager.

Finally, Arun Bansal, Executive Vice President and Head of Market Area Europe and Latin America, will be leaving the company to pursue other opportunities and will step down effective immediately.

“Arun has been leading our Europe and Latin America market area for five years and has been instrumental in driving change across the organization, as well as building and nurturing some of our client relationships. the most important,” Ekholm said.

Ericsson’s chief executive said the company intends to achieve its long-term goal of outpacing market growth and an EBITA margin (excluding restructuring costs) of 15-18% for the group within 2 to 3 years.

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