Ericsson Bets on New Software to Spur 5G Revenue Growth

A logo of Ericsson is seen outside the company's office in Kanata, Ontario, Canada April 17, 2023. REUTERS/Lars Hagberg/File Photo
A logo of Ericsson is seen outside the company's office in Kanata, Ontario, Canada April 17, 2023. REUTERS/Lars Hagberg/File Photo
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Ericsson Bets on New Software to Spur 5G Revenue Growth

A logo of Ericsson is seen outside the company's office in Kanata, Ontario, Canada April 17, 2023. REUTERS/Lars Hagberg/File Photo
A logo of Ericsson is seen outside the company's office in Kanata, Ontario, Canada April 17, 2023. REUTERS/Lars Hagberg/File Photo

Sweden's Ericsson said on Wednesday it has partnered with Deutsche Telekom to offer software tools for developers and business customers that will allow telecom operators to get more revenue.

Known as network application programming interface (API), the software will use the Vonage platform - a company Ericsson bought for $6.2 billion in 2022 - to help developers create new use cases based on a mobile network.

Network APIs can be used by businesses for things such as boosting 5G speed when needed to locate a customer's phone in a store when a transaction is taking place to prevent fraud, Reuters reported.

"We view the API business as a standalone business in itself, so we need to make that profitable by itself and the way the revenue split works is attractive for us and will be attractive for Deutsche Telekom," Ericsson Chief Executive Borje Ekholm said in an interview.

Telecom research firm STL Partners predicts that revenue from mobile network APIs will grow to over $20 billion by 2028.

More than 140 companies are working under an open source project called CAMARA to define, develop and test network APIs.

After investing hundreds of billions of dollars on 5G infrastructure, telecom operators have been trying to get returns from selling faster connections to businesses to automating factories, with varying success.

"They (operators) want to get more revenue, they will be able to sell features, whether it's speed, latency, location authentication, they are going to sell a lot of different things coming out of the network," Ekholm said.

"That gives a new source of revenue they haven't had for a long time."



DeepSeek Available to Download Again in South Korea After Suspension 

The DeepSeek logo is seen on January 29, 2025. (Reuters)
The DeepSeek logo is seen on January 29, 2025. (Reuters)
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DeepSeek Available to Download Again in South Korea After Suspension 

The DeepSeek logo is seen on January 29, 2025. (Reuters)
The DeepSeek logo is seen on January 29, 2025. (Reuters)

Chinese artificial intelligence service DeepSeek became available again on South Korean app markets on Monday for the first time in about two months, when downloads were suspended after authorities cited breaches in data protection rules.

South Korea's Personal Information Protection Commission said on Thursday that DeepSeek transferred user data and prompts without permission when the service first launched in South Korea in January.

Downloading the app was suspended in February after the questions over personal data protection surfaced, but the service was available for download again on South Korea's app market including via Apple's App Store and Google Play Store.

"We process your personal information in compliance with the Personal Information Protection Act of Korea," DeepSeek said in a revised privacy policy note applied to the app.

DeepSeek said users had the option to refuse to allow the transfer of personal information to a number of companies in China and the United States.

DeepSeek did not immediately respond to a request for comment on Monday.

South Korea's data protection agency said DeepSeek had voluntarily decided to make the app available for download, which it is free to do after at least partially reflecting its recommendations.