Ericsson Accelerates 5G Growth in India with Bharti Airtel Deal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2025
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Source: Benzinga
Partnership Expansion: Ericsson has expanded its partnership with Bharti Airtel to deploy advanced 5G Core network solutions, including the integration of a Signaling Controller and Charging and Policy solution, enhancing Airtel's 5G monetization strategy.
Market Impact: Following the announcement, Ericsson's shares rose by 3.27% to $8.20, reflecting investor confidence in the company's role in supporting Airtel's transition to a full-scale 5G Standalone network.
Analyst Views on GENW
Wall Street analysts forecast GENW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GENW is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 13.840
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
