Ericsson Vice President Todd Ashton (pictured) believes the spread of 4G across Africa will help create unicorn companies, drawing parallels with Asia, where countries like Indonesia developed such firms through increased connectivity.
Ericsson Antenna System (EAS), part of technology giant Ericsson, says it is expanding its local manufacturing footprint in India, positioning the country as a strategic innovation hub within Ericsson’s global network.
Ericsson has reported its Q4 results along with its full-year results for 2024, and while the Swedish vendor saw an uptick in North America, its sales have cratered across emerging markets.