Ericsson will help Tier 3 carriers in Internet of Things push
March 26, 2015
ATLANTA--Ericsson (NASDAQ: ERIC) hopes to help Tier 3 carriers expand their business into the Internet of Things, according to an Ericsson executive. However, challenges await smaller carriers that are looking to expand beyond providing traditional voice and data services to consumers.
Walter Megura, Ericsson's vice president and head of industry and society for North America, noted that there is a collision happening in the industry between communications and IT technologies as LTE and cloud computing expand their reach. Smaller operators have a role to play in that world, he said, but it will not be as easy as simply upgrading their network gear.