Telecom
Ericsson Joins Pathways Coalition for Fossil-free Commercial Heavy Transport
Ericsson has joined The Pathways Coalition, a group of innovative companies representing the infrastructure, utilities, transportation and retail sectors, with the ambition to accelerate decarbonisation of heavy transport and reach the objective of zero CO2 emissions latest by year 2050 or earlier, in line with The Paris Agreement. Find out how Ericsson will support the coalition with its unique expertise here.
Today, transport is the second largest source of global CO2 emissions and currently contributes nearly a quarter of all global emissions. Within this, commercial heavy transport represents a significant share of the pie, and in order to reach the climate target set in The Paris Agreement, it is essential to fully decarbonize commercial heavy transport by the year 2050 or earlier.
Produced and published by The Pathways Coalition, The Pathways Study concludes that a transition to decarbonized heavy transport is not only possible, but also financially attractive from a societal perspective. However, to tackle the challenge and speed up the pace of change, cooperation across sectors is necessary.
The four companies that have formed The Pathways Coalition – E.ON, H&M Group, Scania and Siemens – represent different parts of the value chain for electrified transport: energy infrastructure provision, energy solutions and supply, vehicle manufacturing, as well as retail with the transport buyer perspective.
A successful de-carbonization of heavy transport will depend on how well the transport, energy and digital sectors can realize the required integration of infrastructures and services from a planning and operational perspective as well as from a business model and regulatory perspective.
With Ericsson from the digital sector now joining the coalition to share its expertise within digitalization and advanced connectivity, it will add a missing piece to advance the pace of change necessary across this crucial sector. Ericsson will also bring its experiences as a major buyer of transport services for the global distribution of its mobile network equipment and the successful work to reduce CO2 emissions in its own supply chain.
Mats Pellbäck Scharp, Head of Sustainability at Ericsson and responsible for the organization’s cooperation with the coalition, says its unique cross-sector setup is the key to success.
“The coalition is unique from the perspective that we have a cross-value chain approach instead of a within-industry approach – most industry associations like this are comprised of members all from the same industry and are focused on working with your peers in the same industry more or less,” Pellbäck Scharp says.
“We understood that the coalition was seeking a digitalization partner and our involvement felt very natural from both a sustainability and technology perspective, as well as what we thought we could bring to the table to help this coalition reach its objectives.”
Ericsson aims to support the coalition with its unique insights into how digitalization and especially 5G will open up new opportunities for all industry sectors, and more specifically, for making fossil-free road transport a reality.
Managing big data, connected vehicles and infrastructure, as well as more sophisticated digital tools is crucial to reduce emissions faster and generate the efficiencies needed for success. Ericsson will provide important contributions to realize these goals through its competence and experience in the Internet of Things (IoT) and the high-speed and low latency connectivity provided by 5G.
The company’s expertise in these areas will be used to envision and showcase how intelligent planning of transport systems and increased efficiency in the management of e-commerce can reduce the amount of transports needed. Faster and more secure connectivity of vehicles can also enable more refined policy instruments to increase the speed of transition to alternative fuels and solutions for commercial heavy transportation.
Olle Isaksson, Director Global Partnering Industry Verticals at Ericsson says: “The services and infrastructures of transport, energy and digital will have to get much more integrated from a planning and operational perspective as well as from a business model and regulatory perspective.
“We firmly believe in the strength of cross-sector partnering and ecosystems to realize this integration and we are convinced that 5G and easy-to-use global connectivity have the capacities to enable a smarter, more efficient and sustainable transport system. The Pathways Coalition will be an important accelerator for this, and we are very happy and motivated to contribute as a new member.”
An immediate priority of The Pathways Coalition is to prototype and demonstrate new potential solutions for possible adoption in the transport industry that will accelerate and contribute to reaching its goals.
“There are already discussions with members of the coalition on how we can really take the next step and demonstrate our thoughts and ideas on how we can use digitalization, electrification and other fossil-free alternative energy sources to replace traditional fuels and progress this industry toward a fossil-free future,” Pellbäck Scharp says.
The need for Nigeria to think outside the box in its need to drive towards global relevance with innovations and scientific developments will be on the front burner at the NITRA Innovative & Scientific Conference scheduled to hold on Thursday July 23, 2026 in Ikeja, Lagos.
NITRA
The Nigerian Communications Commission (NCC) will lead other delegates to discuss and take far-reaching decisions at the event, which has its theme as “Bridging Nigeria’s Digital Divide With Scientific Innovation”.
Other companies that have indicated interest in partnering with NITRA include mobile communications company, Tecno; Africa’s premier end-to-end AI solutions company, Hyperspace; and telecommunications data infrastructure company, Digital Realty.
Speaking on the proposed event, the Chairman, Nigeria Information Technology Reporters Association (NITRA), Chike Onwuegbuchi noted that the event will seek to create a platform for government and private organisations to deliberate on policies around scientific innovations in Nigeria, challenges, place of indigenous and foreign collaboration, roles of each stakeholder, and grassroots development in that regard, among others.
According to him: “The Federal government, with series of programmes and partnerships, has established the urgent need to create an ecosystem that thrives on scientific innovation, breeding institutions and individuals with a target of placing the country at the fore-front of Next-Gen development.
It is a known fact that digital and scientific innovations are crucial, not only to the survivability of a nation, but also to the sustainability of its growth and development, with significant effect on economic strength, global image, defense and security, government capabilities to function, and public health and safety, communication and digital footprint, among others.
The federal government is actively driving scientific innovation to foster economic diversification and build a $1 trillion economy by 2030. Efforts are heavily focused on commercializing research, establishing massive research funds, and funding strategic infrastructure, particularly in technology, biotechnology, and healthcare. Core government initiatives and policies include the newly instituted National Research and Innovation Development Fund (NRIDF), which aims to mobilize about $500 million annually to support research and the commercialization of scientific outputs; and the Nigeria Genomic City, a multi-ministerial initiative aimed at transforming Nigeria into a leading hub for genomics, precision medicine, and biotechnology. It is designed to protect indigenous data, stimulate artificial intelligence in health, and develop a highly skilled scientific workforce.
According to the General Secretary of NITRA, Mr. Chidiebere Nwankwo, the forum will also be a vehicle to propagating the views of decision makers to the public, thereby furthering the cause of public awareness and information dissemination on the topic.
The focus, he said will be on how Nigeria can sustain digital innovative growth and scientific development in Nigeria
The board of global payments company, PayPal, says a 53 billion dollars takeover offer from financial technology firm, Stripe, and private equity company, Advent International, does not adequately reflect the company’s long-term value.
PayPal
According to reports, the proposed acquisition, valued at 60.50 dollars per share, remains under consideration, with the board yet to formally respond to the offer.
The directors are said to be evaluating not only the financial value of the proposal but also the structure of the financing, the timeline for completing the transaction and the likelihood of obtaining regulatory approvals.
They are also considering the possibility of competing bids emerging.
Although the offer represents a premium of about 28 per cent above PayPal’s recent share price, the board believes the company could deliver greater value to shareholders if its ongoing turnaround strategy succeeds.
Following reports of the bid, PayPal shares gained about two per cent to close at 56.73 dollars.
Sources familiar with the discussions said Stripe and Advent have secured approximately 50 billion dollars in debt financing from JPMorgan and Morgan Stanley, while both firms would jointly contribute 17 billion dollars in equity.
Under the proposal, the two companies would jointly own PayPal instead of dividing its operations.
PayPal, Stripe, Advent International, JPMorgan and Morgan Stanley have all declined to comment on the proposed transaction.
The discussions come as PayPal seeks to strengthen its business after years of increasing competition from rivals including Apple Pay, Google Pay and emerging financial technology firms.
The company, which was valued at about 360 billion dollars in 2021, now has a market capitalisation of approximately 36 billion dollars.
Since assuming office as Chief Executive Officer in March 2026, Enrique Lores has embarked on a restructuring programme aimed at improving operational efficiency and restoring growth.
The restructuring includes the creation of three business divisions comprising Checkout, Venmo and Consumer Financial Services, and Payments and Crypto.
The company is also targeting 1.5 billion dollars in cost savings through the deployment of artificial intelligence technologies.
PayPal’s latest financial results indicated signs of recovery, with first-quarter revenue rising seven per cent year-on-year to 8.35 billion dollars, while total payment volume increased by eight per cent to 464 billion dollars.
If approved, the transaction would combine two of the world’s largest digital payments companies.
The combined business would process an estimated 3.7 trillion dollars in annual payment volume, significantly strengthening its position in the global online payments market.
However, analysts expect the proposed acquisition to face intense regulatory scrutiny because of the companies’ combined market share in merchant payment services.
To address possible antitrust concerns, the bidders have reportedly considered options, including separating PayPal’s Braintree business or other assets if required by regulators.
Sources said Stripe and Advent remain interested in pursuing the acquisition despite the board’s reservations, although negotiations are expected to continue.
Market observers are also awaiting PayPal’s earnings report scheduled for July 28 for further indications of the company’s financial recovery and future growth prospects.
Concerns over network reliability and its impact on Nigeria’s growing creator economy took centre stage at MTN Nigeria’s Data on Trial event, where content creator and streamer, Jarvis, challenged telecommunications operators to improve connectivity for digital creators.
Speaking during the event, Jarvis asked whether there were locations in Nigeria where uninterrupted internet connectivity could support real-life (IRL) streaming without network disruptions.
“Are there places where there is no breakage when streaming IRL?” she asked.
Her question highlighted the challenges faced by content creators who depend on stable internet services for live streaming, content uploads and real-time engagement with audiences.
Responding, MTN Nigeria’s Chief Technical Officer, Mr Yahaya Ibrahim, said network performance depends on several factors, including location, network coverage, device capability and the number of users connected to a particular base station.
He noted that operators continue to invest in expanding network capacity to meet the growing demand for data services.
Earlier, MTN’s General Manager, Network Performance and Quality Assurance, Mr Michael Ndukwe, explained the evolution of mobile network technology in Nigeria, from first-generation (1G) services to the current fifth-generation (5G) technology.
According to him, each phase of technological advancement has significantly increased network capacity and enabled new digital services.
Ndukwe cited Nigerian Communications Commission (NCC) data showing that Nigerians consumed about 13.2 million terabytes of data in 2025.
He added that data usage reached approximately 4.06 million terabytes in the first quarter of 2026, reflecting the country’s increasing reliance on digital platforms and online services.
According to him, the growth is being driven by wider adoption of 4G and 5G networks, increased smartphone penetration, the proliferation of smart devices and expanding use of social media platforms.
Participants at the event noted that as more Nigerians build businesses and careers around digital content, access to reliable and high-speed internet has become critical to sustaining the country’s digital economy and creator ecosystem.
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