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...