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Press Release -- April 3rd, 2023
Source: Ericsson
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Ericsson to collaborate with Intel on advancing usage and adoption of 5G in Malaysia

Ericsson (NASDAQ:ERIC, news, filings) and Intel have signed a Memorandum of Understanding (MoU) to collaborate on the development of 5G use cases that can accelerate digitalization in Malaysia as well as spur the adoption of the new technology by enterprises in Malaysia.

PRESS RELEASE
APR 03, 2023
Ericsson to collaborate with Intel on advancing usage and adoption of 5G in Malaysia

Intel and Ericsson will collaborate on their respective technology expertise to show how communications service providers (CSPs) can accelerate 5G adoption and expand their business-to-business (B2B) engagements based on 5G use-cases.

Amongst the areas identified for collaboration are the joint development of enterprise use cases in selected verticals such as manufacturing, transport and logistics. In addition, it involves working on the benefits of digitalization for emerging economies and the role 5G connectivity can play in building sustainable and resilient digital economies.

David Hägerbro, Head of Ericsson Malaysia, Sri Lanka and Bangladesh, says: “5G is a platform for innovation and will transform the way enterprises operate. Ericsson’s collaboration with Intel in Malaysia will contribute to the adoption of 5G and development of the local ecosystem that will in turn drive Malaysia’s digital transformation.”

He adds: “This will also ensure the country has a distinct advantage compared to other markets in the region when it comes to foreign investment.”

AK Chong, Managing Director of Intel Malaysia, says: “With the increasing digitalization of our society and economy, 5G is becoming a fundamental component to drive innovation across all business segments. This collaboration demonstrates how the Malaysian 5G infrastructure with innovative edge services – powered by Ericsson and Intel technologies – enables local enterprises to transform and accelerate their businesses through digital solutions.”

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ABOUT ERICSSON:
Ericsson enables communications service providers and enterprises to capture the full value of connectivity. The company’s portfolio spans the following business areas: Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platform, and Technologies and New Businesses. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s innovation investments have delivered the benefits of mobility and mobile broadband to billions of people globally. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

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