Ericsson (NASDAQ: ERIC) has been recognized as the 5G Innovator of the Year at the
ITP.net Technology Leadership Awards 2022.
The 5G Innovator of the Year award endorses Ericsson's position as the 5G market leader,
forerunner in mobile connectivity solutions for telecommunications and industries, and its role
in driving digitalisation across various continents.
Ericsson continues to strengthen its radio access network (RAN) portfolio with solutions for
smart, slim, and sustainable 5G networks that address the 5G rollout and sustainability goals
of communications service providers. Ericsson has launched seven new radios, antennas,
and software for energy savings and increased 5G performance, enabling up to 10 times
more capacity with reduced total power consumption.
Lucky La Riccia, Vice President and Head of Digital Services at Ericsson Middle East and
Africa, says: “It is indeed an honor for us to win this award. With more than 60,000 patents in
our portfolio, 133 out of 218 live 5G networks globally and 27,400 people of our employees
working in R&D, we are definitely putting immense efforts in 5G innovation. Unlimited
connectivity leads to unlimited possibilities.”
The 5G Innovator of the Year Award was presented at the ITP.net Technology Leadership
Awards 2022 held on the 11th of October, 2022. The awards recognize organizations and
individuals leading forward-thinking technologies and ground-breaking innovations that have
contributed to the digital landscape in the Middle East and the thriving technology ecosystem
in the Gulf.
Ericsson enables communications service providers and enterprises to capture the full value of connectivity. The company’s portfolio spans the following business areas: Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platform, and Technologies and New Businesses. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s innovation investments have delivered the benefits of mobility and mobile broadband to billions of people globally. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York.