Ericsson ERIC recently partnered with PGE Dystrybucja, a Poland-based electricity distributor, to implement the LTE450 network. The initiative will bolster Poland’s energy infrastructure, improve the reliability of energy supply, accelerate service delivery and support the integration of renewable energy sources. With the deployment spanning 510 radio sites equipped with state-of-the-art Ericsson outdoor cabinets, the partnership is poised to play a crucial role in Poland’s digital transformation of its energy sector.
Covering approximately 40% of Poland’s landmass, the LTE450 network represents a critical step in the country’s digital and energy infrastructure development. It will serve as the framework of an upgraded energy infrastructure, enabling real-time data exchange between millions of connected IoT devices, grid management systems and renewable energy sources. The deployment is backed by Ericsson’s research and development (R&D) centers in Lodz and Krakow, highlighting the company’s commitment to leveraging local expertise. This collaboration not only ensures the smooth execution of the project but also fosters innovation within Poland’s energy ecosystem.
Ericsson’s outdoor cabinets are installed across 510 radio sites, each equipped with a 36-hour smart lithium battery backup. This robust backup capability ensures uninterrupted network performance. With the inclusion of Ericsson Site Intelligence on Controller 6610, the network will feature advanced remote site management capabilities. This technology enables secure monitoring and control of radio sites, further strengthening the network’s reliability.
Moreover, the company’s expertise in telecommunications and digital infrastructure has made it the preferred choice to provide radio access network (RAN) and core network solutions for PGE’s LTE450 network in 2023.
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Stockholm, Sweden-based Ericsson is a top company in communication networks, telecom services and support solutions. It is known for its leadership in telecommunications and is currently enhancing its focus to include Information and Communications Technology solutions. Since the third quarter of 2022, ERIC has reorganized its business into four main areas: Networks, Cloud Software and Services, Enterprise and Other.
Ericsson is focusing on reinforcing its top position in Mobile Networks. Amid a tough market environment, the company inked a $14 billion deal with AT&T, spanning five years. The partnership will leverage Ericsson’s advanced wireless equipment to help AT&T speed up the rollout of an open and flexible RAN throughout the United States.Â
However, weak demand trends across Asia, Africa, The Middle East and Oceania region amid strength in North America are affecting ERIC’s top-line performance. In the last reported quarter, its revenues fell 4% year over year to SEK 61.8 billion ($5.93 billion) due to a downtrend across its Networks, Cloud Software and Services, Enterprise and Other business segments.Â
For the fourth quarter of 2024, revenues from the Networks, Cloud Software and Services segment are expected to follow below-average seasonality recorded between the third and the fourth quarters in the last three years. Management anticipates solid demand in North America to drive sales in the Networks segment amid continued softness in the Enterprise unit in the fourth quarter.
