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Ericsson has partnered with LotusFlare to monetize 5G-era capabilities through APIs. Ericsson has acquired a minority stake in LotusFlare and the companies plan integration blueprints for an API exposure layer. This move aims to help carriers sell advanced network functions and accelerate revenue growth. Ericsson has also collaborated with industry partners to validate next-generation core infrastructure and dual-mode 5G core technology. ERIC stock was down 0.10% at $9.61 during premarket trading on Wednesday.

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