Ericsson (ERIC) Boosts New Zealand's Network With Advanced IMS

Group 1 - Ericsson has successfully deployed its IP Multimedia Subsystem (IMS) on the Red Hat OpenStack Platform for Spark New Zealand, enhancing network resiliency and improving mobile voice and video calling services [1][5] - The deployment at Spark New Zealand's Network Data Centre in South Island is the first fully operational IMS deployment in the country using the Red Hat OpenStack Platform, transitioning to a unified and cost-effective system [2][3] - Spark New Zealand plans to migrate its current IMS nodes to the new platform by year-end, ensuring a single node manages the full traffic load for the entire country [4] Group 2 - The integration of Ericsson's IMS with Red Hat's platform marks a significant milestone in improving network resiliency and service quality, optimizing performance and fortifying the network against disruptions [5] - Ericsson's shares have gained 46% over the past year, contrasting with the industry's decline of 50.5% [6] - Ericsson currently holds a Zacks Rank of 3 (Hold), while Arista Networks and Harmonic Inc. are better-ranked stocks in the industry with Zacks Ranks of 1 (Strong Buy) [6][7]