Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolios

Ericsson, China Telecom team on IoT open platform

Published 07/06/2017, 07:08 PM
© Reuters.  Ericsson, China Telecom team on IoT open platform
MS
-
CHA
-
ERIC
-
  • Ericsson (NASDAQ:ERIC) and China Telecom (NYSE:CHA) have come together on a new "Internet of Things" platform to help the technology spread more rapidly.
  • The China Telecom IoT Open Platform will use Ericsson's Device Connection Platform as its structure. The DCP supports more than 2,000 enterprise customers and 25 telecom carriers worldwide.
  • Ericsson says it's ahead of rivals in bringing out a Cat M1 IoT network (Verizon recently performed a live over-the-air voice-over-LTE call on its Cat M1 network, providing for voice distribution in the IoT).
  • The pitch for clients is integrating business processes along with the managed connectivity of China Telecom to build their IoT solutions.
  • Now read: China Mobile loses favor with Morgan Stanley (NYSE:MS) ahead of 5G spending


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.