Ljubljana stock indices close in red
Croatian share indices decline, Djuro Djakovic shines
Croatian insurers' premiums paid up 13% y/y in Jan
Foreign tourist visits to Bosnia's Serb Republic up 4.3% in Jan
Sofia stocks lose ground as turnover falls further
Dec 07, 2023 12:27 EEST
December 7 (SeeNews) - Croatia's Ericsson Nikola Tesla [ZSE:ERNT], part of Swedish telecom equipment maker Ericsson, has opened a research and development (R&D) facility in Kosovo’s capital Pristina, Kosovo’s economy minister Artane Rizvanolli said.
The R&D centre currently employs 12 people and is focusing on radio access processing equipment software, which is used to manage and control the radio access network (RAN) equipment, Rizvanolli said in a social media post on Wednesday.
RAN is a crucial component of a mobile network that connects individual devices, such as smartphones or other wireless devices, to the core network.
The radio access processing equipment software is being utilised to implement advanced mobile technologies in major international operators such as AT&T, T-Mobile, Vodafone, A1, as well as Kosovo's own state-owned telecom services provider Telekomi i Kosoves, including 5G, Rizvanolli noted.
In December, Ericsson Nikola Tesla said it had signed a deal worth more than 65 million kuna ($9.2 million/8.6 million euro) for an upgrade of core and radio network of Telekomi i Kosoves and its maintenance.
Ericsson Nikola Tesla is planning to expand its Kosovo R&D facility with 18 more employees, Rizvanolli added.
Ericsson Nikola Tesla shares closed at 195 euro on Wednesday in Zagreb.
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options