Ericsson achieves 100th 5G commercial agreement with unique communications service providers
Ericsson has reached a significant milestone, securing its 100th commercial 5G agreement with unique service providers as of August 12, 2020. This accomplishment includes 56 live networks across five continents, reinforcing Ericsson's position in the global 5G landscape. CEO Börje Ekholm highlighted the company's commitment to customer needs, which has been central to their technological advancements. The milestone showcases Ericsson's extensive experience in 5G deployments, supported by products like the Ericsson Radio System and Cloud Core. This achievement positions Ericsson favorably as demand for 5G technology continues to rise.
- Achieved 100th commercial 5G agreement with unique service providers.
- Includes 56 live networks across five continents.
- Strong commitment to customer needs highlighted by CEO Börje Ekholm.
- Extensive experience in 5G deployments since 2014.
- None.
- Ericsson President and CEO, Börje Ekholm: milestone reflects Ericsson's commitment to meeting customers' needs
- Milestone includes 56 live networks globally
- Ericsson 5G platform helping to drive the company's success
KISTA, Sweden, Aug. 12, 2020 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has achieved a significant 5G milestone by securing the company's 100th commercial 5G agreement or contract with unique communications service providers. The figure includes 58 publicly announced contracts and 56 live 5G networks, spanning five continents.
The milestone was reached with the announcement of the 5G deal with Telekom Slovenije on August 12. Ericsson has worked with major service provider partners since the early days of 5G R&D development. The company's first public 5G partnership announcement came in 2014.
Initial technology engagements and memorandum of understanding (MoU) partnerships were followed by 5G New Radio (NR) technology testing and trials. Commercial deals and network roll-out announcements followed. The first live commercial launches were announced in 2018.
Ericsson's contracts span Radio Access Network (RAN) and Core network deployments, enabled by products and solutions from the Ericsson Radio System and Ericsson Cloud Core network portfolios.
Ericsson 5G deployments include 5G Non-Standalone, 5G Standalone and Ericsson Spectrum Sharing technology. They also include cloud native capabilities with Ericsson's dual-mode 5G Core.
Ericsson has deployed 5G in high-, mid- and low-bands in different urban, suburban and rural environments to support enhanced mobile broadband and fixed wireless access business cases. In some advanced 5G markets, communication service providers are offering 5G-enabled augmented reality and virtual reality services in education, entertainment and gaming.
Börje Ekholm, President and CEO, Ericsson, says: "Our customers' needs have been central to the development and evolution of Ericsson's 5G technology across our portfolio from the very beginning. We are proud that this commitment has resulted in 100 unique communications service providers globally selecting our technology to drive their 5G success ambitions. We continue to put our customers center stage to help them deliver the benefits of 5G to their subscribers, industry, society and countries as a critical national infrastructure."
Ericsson has also worked with service providers, universities, technology institutes, and industry partners to develop and pursue 5G business and consumer use cases. These use cases include factory automation, smart offices, remote surgery and other enterprise and Industry 4.0 applications.
Some partnerships have resulted in the deployment of 5G dedicated networks, including at Ericsson production facilities globally.
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Check out our podcast on the journey to Ericsson's 100th commercial agreement with unique communications service providers: An interview with Peter Linder, 5G evangelist and Head of 5G marketing for Ericsson in North America.
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Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's innovation investments have delivered the benefits of telephony and mobile broadband to billions of people around the world. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com
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