Kathrein

2019: Sale of antenna business of Ericsson company

On February 25, 2019 Ericsson announced acquisition at Kathrein of division on release of antennas and filters for mobile communication. This transaction the buyer will strengthen the product portfolio for networks of fifth generation (5G) how antenna technologies become more and more important.

Ericsson did not call the amount which it paid for division of Kathrein, but specified its revenue in 2018 — 270 million euros (without deliveries of products of Ericsson company). Most likely, purchase was more expensive to the Swedish producer of telecommunication equipment. By the end of 2018 in this division about 4 thousand worked human.

Ericsson purchased from Kathrein antenna business for development of a 5G equipment

Thanks to this acquisition we strengthen the presence, first of all, at area 4G... but also and finally in a 5G. From the strategic point of view it is very important purchase for us — the CEO of Ericsson Borye Ekholm within the Mobile World Congress exhibition in Barcelona reported Reuters agency.

Ericsson noted that mobile networks begin to depend on antennas and their integration into radio receivers more and stronger. At the same time exciting antennas are even more often used in work 5G networks.

Due to the emergence of more functional 5G networks this purchase will contribute to the further development of antenna technologies for achievement of necessary performance, capacity and a covering, says the Swedish company.

Operators unroll networks with the different frequency ranges, and  the amount of the applied technologies constantly increases. For high-quality work of mobile services it is required to consolidate the equipment for data transmission and  antennas. It is so possible to achieve increase in productivity of networks and  to optimize space usage on  platforms for placement of the equipment. In these conditions of the antenna and filters play more and more important role.

It is going to close the transaction on sale of antenna business of Kathrein of Ericsson company in the third quarter 2019.^[1]

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