Maintaining its leadership role in supporting service providers with their net zero ambitions while meeting demand for 5G capacity and revenue grow, Ericsson has launched enhanced RAN and Transport portfolio that will be showcased at Mobile World Congress (MWC) 2023 Barcelona. Over 10 new Ericsson solutions will cut carbon emissions and site footprint, increase energy performance and boost network capacity.

Read more: Ericsson’s 10 New Solutions to Slash Carbon Emissions

Nokia announced the launch of its sixth-generation super-coherent photonic service engine, the PSE-6s, which is capable of reducing network power consumption by 60%. In addition to improving energy efficiency, network operators need to add massive capacity in response to ever-increasing demand.

Read more: Nokia’s PSE-6s Sets New Milestones for Optical Transport Networks

Flattening revenues have been a challenge for service providers in all parts of the world, often impacting network investment decisions as part of their business growth strategies, known as “monetization” in the industry.

Read more: Ericsson Mobility Report: Growing Revenue for CSPs in Leading 5G Markets

Ericsson’s Wallet Platform has been leveraged by Mobily to launch Mobily Pay, a mobile financial service, during LEAP23. The service is available to all the users in the Kingdom to carry out personalized financial services like contactless payments, money transfers, international remittances, digital card payments, cash-back, bill payments, mobile top-ups and more, securely and at their convenience.

Read more: LEAP23: Ericsson Wallet Platform Enables Launch of New Fintech Service

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