Ericsson announces it has raised $370m in funding for 5G

Swedish telecommunications colossus
Swedish telecommunications colossus
Europe's telecommunication ministers have agreed on a joint blueprint in an effort to accelerate the development of 5G networks across the continent. The GSMA have projected that 5G will account for almost 31% of all mobile connections by 2025.
SEAT President Luca de Meo and Telefonica's Spanish President Luis Miguel Gilperez have signed an agreement that aims to promote a joint effort to develop innovative initiatives in the automotive industry. The agreement reached, which makes Telefónica a strategic IT supplier to SEAT, is set within the framework of SEAT's strategy to position itself as a benchmark company in connected, digitized mobility solutions.
UK telecommunications colossus Vodafone is launching a consumer IoT product which will allow its customers to connect millions of home and leisure electronic products to the company's dedicated global IoT network, which is subsequently the largest in the world.
Oscilloquartz, an ADVA Optical Networking company, announced today that T-Mobile Netherlands has deployed and fully implemented its OSA 5420 Series, enabling the nationwide rollout of TD-LTE services.
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