Ericsson and major global operators announce API joint venture
McKinsey & Company sees network API market potentially generating hundreds of billions in new revenue
Ericsson alongside major global operators, including América Móvil, AT&T, Bharti Airtel, Deutsche Telekom, Orange, Reliance Jio, Singtel, Telefonica, Telstra, T-Mobile, Verizon and Vodafone, today announced an as-yet unnamed joint venture to “combine and sell network Application Programming Interfaces (APIs) on a global scale to spur innovation in digital services.”