Page 26 - Waterfall City Special Edition 2022

Ericsson to leverage Corporate Campus
location as it positions for Future Growth

IMAGINE A WORLD WHERE LIMITLESS CONNECTIVITY MEANS
LIMITLESS POSSIBILITY. BY CREATING CONNECTIONS
THAT MAKE THE UNIMAGINABLE POSSIBLE, ERICSSON IS
HELPING TO SHAPE AN EXCITING, POSITIVE FUTURE.

Founded over 140 years ago, Ericsson was one of the first pioneers RAPID GROWTH IN AFRICA
of the modern telephone and is currently one of the world’s In 2020, Ericsson announced its growth plans for Africa, guided
leading providers of Information and Communication Technology by the premise that access to communications is a basic human
(ICT). The company’s portfolio spans networks, digital services, need. According to Ericsson’s Mobility Report published in
managed services, and emerging business, and it specialises in November 2021, by 2027 mobile broadband subscriptions in sub-
helping clients increase operational efficiency and uncover new Saharan Africa are expected to grow to around 78% of mobile
revenue streams. subscriptions, with increased 4G/5G coverage and uptake being
The Swedish multinational networking and tele- the main driver. Fundamental to this growth is the increasing
communications giant headquartered in Stockholm, was availability of lower-priced smartphones and the uptake by a
previously located just a stone’s throw away on Woodmead Drive, young, emergent population with expanding digital skills.
but chose to relocate to Waterfall City’s Corporate Campus in According to the report, sub-Saharan Africa is expected to have
2022 to become part of the award-winning hub of collaboration, the second-highest growth rate in total mobile data traffic during
innovation, sustainability and best-in-class infrastructure. the forecast period, but from a relatively small base, with total

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