Ericsson’s acquisition of Cradlepoint should give the 5G B2B market a welcome boost
"The B2B market is commonly cited by operators and vendors as being central to the 5G business case, and yet B2B offers built on 5G capabilities are still rare, even though 5G networks have now been launched."
Ericsson announced its planned USD1.1 billion purchase of Cradlepoint, a cellular router vendor, in September 2020; this will be its largest acquisition in over a decade. Ericsson is buying Cradlepoint to help increase enterprise adoption of 5G, and it is expecting that Cradlepoint’s existing business will continue to expand. The deal should also provide indirect benefits for Ericsson (in its IoT unit, for example), and will offer future options in areas such as private networks.
Author
Tom Rebbeck
Partner, expert in TMT consumer and business servicesRelated items
IoT connectivity prices will come under more pressure, but the decline will be offset by rising data usage
Article
Operators must enhance network functionality and form partnerships to maximise the drone opportunity
Article
International IoT connectivity: challenges and solutions for providers