Tag: ericsson

Ericsson wants to hold half of the mobile wallet market in Africa

Sam Lambert
Mobile wallet - Person holding globe showing Africa continent

The company from Sweden considers the continent to be a massively important market moving forward. Ericsson’s mobile wallet software already powers over 400 accounts worldwide, and the head of the company’s mobile financial services unit, Michael Wallis-Brown, is now pointing to Africa as a vital market in broadening its reach. The company currently estimates that it has a hold of about 10 percent of the African market. “We’re touching 10% of the market in Africa today, and we can get to 50%,” said Wallis-Brown in a media interview. “That’s enormous…

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Wireless service in Russia experiencing measured drop as tech departs

L. Green
Wireless service

Russian telecoms are expected to see increased problems and outages with Nokia and Ericsson departure. Telecom companies are already starting to see reductions in their wireless service quality in Russia as restrictions start showing their impact. The law reigns in Russian military coverage of operations occurring in Ukraine, leading to problems. Nokia and Ericsson both left Russia at the end of 2022, and with the calendar turn into the new year, it was already becoming obvious that problems such as dropped calls, reduced wireless service speeds and increased outages were…

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Mobile technology race for 5G is getting intense

L. Green
Global mobile technology trends network

Ericsson, Nokia, and Huawei are all pushing to be first in the development of that latest tech. Labs at some of the hottest mobile technology companies around the world are driving forward at full tilt to try to generate patents that will help them to be able to take a firm hold on the future of wireless tech with 5G. At the same time that many mobile devices are just stepping into 4G, companies are scrambling to snag 5G. In terms of the present situation, many smartphone users are only…

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Mobile commerce continues to grow in Latin America

Jennifer Goula
Mexico Mobile commerce

Latin America is proving to be an attractive mobile commerce market Mobile commerce is gaining momentum in Latin America. A recent report from Ericsson shows that many consumers in the region have begun to embrace mobile technology. Growing smartphone and tablet penetration is leading to more participation in mobile commerce. As this trend continues, companies like Visa and MasterCard are beginning to show more interest in the mobile market of Latin America. In the coming year, more people than ever before are expected to participate in mobile payments. Report predicts…

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Growing adoption of mobile technology could lead to a boom in mobile commerce

Stephen Vagus
mobile commerce devices technology social external battery charger

New report shows that 90% of the world’s population will have a mobile device by 2020 Ericsson, a multi-national communications technology and service provider, has released a new report concerning the growing adoption of mobile technology. According to the report, 90% of the world’s population over the age of 6 will have a mobile device of some kind by 2020. This will have major implications for the mobile commerce field, of course, as this growth in device penetration will also create new opportunities for mobile shopping and payments. India and…

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