Ericsson ERIC disclosed that it has successfully completed the deployment of Ericsson Network Manager (‘ENM’) in the 4G LTE network of Swisscom, which is one of the top telecom operators of Switzerland. This is the first time Ericsson’s ENM has gone live in an operator’s network.
ENM is a next-generation unified network management system that enables operators to get a clearer picture of their network resources and services. This facilitates them in offering feedback, reassess and enhance their network’s operational efficiency and workflow. Also, ENM aids in curtailing operational costs and minimizing upgrade time along with boosting availability of critical network management applications and services.
Ericsson has decided to avail its ENM service across all its LTE customers and markets in the coming calendar year. The company has planned to further modify ENM to amplify the benefits from it. This will enable its customers to enhance and prosper their business in top markets globally.
We believe the latest development will boost the long-standing relationship of Ericsson and Swisscom. Also, it will spread Ericsson’s footprint across Western Europe, which is anticipated to thrive significantly in the coming years. As per the latest edition of Ericsson Mobility report, mobile data traffic is anticipated to expand nine fold during the years 2015–2021.
Encouragingly, Ericsson has been dedicated towards delivering high-class LTE experiences to its subscribers across the world. Moreover, the company’s presence in major high-traffic LTE markets of Japan, the U.S., Canada, Australia and South Korea is an indicator of its immense global popularity. Currently, top LTE operators have chosen Ericsson as a reliable partner, delivering over 200 LTE RAN and Evolved Packet Core networks internationally to date.
However, troubled by weak third-quarter 2015 earnings, Ericsson currently carries a Zacks Rank #4 (Sell). Better-ranked stocks in the industry include InterDigital, Inc. IDCC, AudioCodes Ltd. AUDC and Communications Systems Inc. JCS. All stocks hold a Zacks Rank #1 (Strong Buy).
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