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Ericsson Signs $8 3 Bln Deal To Provide 5G Solutions To Verizon

Ericsson Signs $8.3 Bln Deal To Provide 5G Solutions To Verizon NEW YORK CITY (dpa-AFX) - Swedish telecom equipment maker Ericsson (ERIC) announced Friday a multi-year $8.3 billion agreement to provide its 5G solutions to accelerate Verizon Communications, Inc. s (VZ) next-generation 5G network in the U.S. Under the deal, Ericsson will deliver 5G solutions, including Massive MIMO, Ericsson Cloud RAN and software to strengthen and expand Verizon s world-class 5G network. Verizon will deploy Ericsson s 5G MIMO C-band, low-band and millimeter wave or mmWave solutions to enhance and expand its 5G Ultra Wideband coverage, network performance and user experience. In 2020, Verizon was the first communications service provider to receive a commercial 5G mmWave Street Macro base station from Ericsson s U.S. smart factory in Lewisville, Texas.

Ericsson strikes US$8 3 billion 5G deal with Verizon

Ericsson strikes US$8.3 billion 5G deal with Verizon Toggle share menu Advertisement Ericsson strikes US$8.3 billion 5G deal with Verizon Swedish telecoms gear maker Ericsson said on Friday it struck an US$8.3 billion deal with Verizon Communications Inc to accelerate the deployment of 5G network in the United States. FILE PHOTO: Ericsson logo is seen at its headquarters in Stockholm, Sweden June 14, 2018. REUTERS/Olof Swahnberg 2 related media assets (image or videos) available. Click to see the gallery. 16 Jul 2021 01:05PM Share this content Bookmark REUTERS: Swedish telecoms gear maker Ericsson said on Friday it struck an US$8.3 billion deal with Verizon Communications Inc to accelerate the deployment of 5G network in the United States.

Ericsson strikes $8 3 billion 5G deal with Verizon

Ericsson strikes $8 3 billion 5G deal with Verizon
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EUROPEAN MIDDAY BRIEFING:Stocks Inch Higher as Earnings Roll In

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