STOCK TITAN

LCRA and Ericsson to deploy private LTE network for utilities in Texas

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Ericsson (NASDAQ: ERIC) has signed a multi-year agreement with the Lower Colorado River Authority (LCRA) to implement a private LTE network across parts of 68 Texas counties. The network will support grid modernization efforts and enhance utility operations security.

The implementation includes Ericsson's 5G-ready dual-mode core solution, radio access network solutions, and network management systems. The network will enable critical applications such as mission-critical push-to-talk, SCADA, and support for various governmental entities' communication needs.

Initial operations are scheduled to begin in Q1 2025. The network will feature 24/7/365 monitoring from Ericsson's Network Operations teams, strengthening resilience against extreme weather and cyber threats. This infrastructure upgrade aims to provide more reliable and secure utility services to millions of Texans.

Ericsson (NASDAQ: ERIC) ha firmato un accordo pluriennale con l'Autorità del Fiume Colorado Inferiore (LCRA) per implementare una rete LTE privata in diverse parti di 68 contee del Texas. La rete supporterà gli sforzi di modernizzazione della rete e migliorerà la sicurezza delle operazioni delle utility.

L'implementazione include la soluzione centrale dual-mode pronta per il 5G di Ericsson, soluzioni per la rete di accesso radio e sistemi di gestione della rete. La rete abiliterà applicazioni critiche come la comunicazione push-to-talk mission-critical, SCADA e supporto per le esigenze comunicative di vari enti governativi.

Le operazioni iniziali sono programmate per iniziare nel primo trimestre del 2025. La rete offrirà monitoraggio 24 ore su 24, 7 giorni su 7, 365 giorni all'anno da parte dei team delle Operazioni di Rete di Ericsson, rafforzando la resilienza contro eventi meteorologici estremi e minacce informatiche. Questo aggiornamento infrastrutturale mira a fornire servizi di utility più affidabili e sicuri a milioni di texani.

Ericsson (NASDAQ: ERIC) ha firmado un acuerdo de varios años con la Autoridad del Río Colorado Inferior (LCRA) para implementar una red LTE privada en partes de 68 condados de Texas. La red apoyará los esfuerzos de modernización de la red y mejorará la seguridad de las operaciones de las utilidades.

La implementación incluye la solución de núcleo dual-mode lista para 5G de Ericsson, soluciones de red de acceso radioeléctrico y sistemas de gestión de red. La red permitirá aplicaciones críticas, como la comunicación push-to-talk esencial, SCADA y el apoyo a las necesidades de comunicación de varias entidades gubernamentales.

Las operaciones iniciales están programadas para comenzar en el primer trimestre de 2025. La red contará con monitoreo 24/7/365 por parte de los equipos de Operaciones de Red de Ericsson, fortaleciéndose contra fenómenos climáticos extremos y amenazas cibernéticas. Esta actualización de infraestructura tiene como objetivo proporcionar servicios de utilidades más confiables y seguros a millones de texanos.

에릭슨 (NASDAQ: ERIC)은 하류 콜로라도 강 관리국(LCRA)과 68개 텍사스 카운티의 일부 지역에 사설 LTE 네트워크를 구현하기 위한 다년 계약을 체결했습니다. 이 네트워크는 전력망 현대화 노력을 지원하고 유틸리티 운영의 보안을 강화합니다.

구현에는 에릭슨의 5G 준비 이중 모드 코어 솔루션, 무선 접속 네트워크 솔루션 및 네트워크 관리 시스템이 포함됩니다. 이 네트워크는 임무 중추적인 푸시 투 톡, SCADA와 같은 중요한 애플리케이션과 다양한 정부 기관의 통신 요구를 지원합니다.

초기 운영은 2025년 1분기에 시작될 예정입니다. 이 네트워크는 에릭슨의 네트워크 운영 팀이 24시간 연중무휴 모니터링을 제공하여 극심한 날씨와 사이버 위협에 대한 회복력을 강화합니다. 이 인프라 업그레이드는 수백만 텍사스인에게 보다 신뢰할 수 있고 안전한 유틸리티 서비스를 제공하는 것을 목표로 하고 있습니다.

Ericsson (NASDAQ: ERIC) a signé un accord pluriannuel avec l'Autorité du Bas Colorado (LCRA) pour mettre en place un réseau LTE privé dans certaines parties de 68 comtés du Texas. Ce réseau soutiendra les efforts de modernisation du réseau électrique et améliorera la sécurité des opérations des services publics.

L'implémentation comprend la solution cœur à double mode prête pour la 5G d'Ericsson, des solutions pour le réseau d'accès radio et des systèmes de gestion de réseau. Le réseau permettra des applications critiques telles que les communications push-to-talk essentielles, SCADA et le soutien aux besoins de communication de diverses entités gouvernementales.

Les opérations initiales devraient commencer au cours du premier trimestre 2025. Le réseau bénéficiera d'une surveillance 24 heures sur 24, 7 jours sur 7, 365 jours par an par les équipes des opérations réseau d'Ericsson, renforçant la résilience face aux conditions météorologiques extrêmes et aux menaces cybernétiques. Cette mise à niveau d'infrastructure vise à fournir des services publics plus fiables et sûrs à des millions de Texans.

Ericsson (NASDAQ: ERIC) hat einen mehrjährigen Vertrag mit der Lower Colorado River Authority (LCRA) unterzeichnet, um ein privates LTE-Netzwerk in Teilen von 68 texanischen Landkreisen zu implementieren. Das Netzwerk wird die Modernisierung des Stromnetzes unterstützen und die Sicherheit der Versorgungsbetriebe verbessern.

Die Implementierung umfasst Ericssons 5G-fähige Dual-Mode-Core-Lösung, Funkzugangsnetz-Lösungen und Netzwerkmanagementsysteme. Das Netzwerk wird kritische Anwendungen wie mission-critical Push-to-Talk, SCADA und die Kommunikationsbedürfnisse verschiedener Regierungsbehörden unterstützen.

Die ursprünglichen Betriebsabläufe sind für das erste Quartal 2025 geplant. Das Netzwerk wird 24/7/365-Monitoring durch die Netzwerkoperationsteams von Ericsson bieten und die Resilienz gegenüber extremen Wetterbedingungen und Cyber-Bedrohungen stärken. Dieses Infrastrukturoptimierung zielt darauf ab, Millionen von Texans zuverlässigere und sicherere Versorgungsdienste bereitzustellen.

Positive
  • Multi-year contract secured with LCRA for 68 Texas counties
  • Implementation of 5G-ready infrastructure expanding Ericsson's utility sector presence
  • Recurring revenue potential through 24/7/365 monitoring services
Negative
  • None.

Insights

This strategic agreement marks a significant win for Ericsson in the critical infrastructure sector, particularly noteworthy for its scale across 68 Texas counties. The implementation of a 5G-ready private LTE network positions Ericsson to capture a growing market opportunity in utility modernization, estimated to reach several billion dollars annually in North America alone.

The deal's architecture is particularly compelling as it includes comprehensive solutions - from dual-mode 5G Core to RAN solutions and security management. This end-to-end approach helps Ericsson establish a strong competitive moat in the utilities sector, where reliability and security requirements create high barriers to entry. The 24/7/365 monitoring commitment further strengthens Ericsson's position as a trusted partner for critical infrastructure.

This contract could serve as a blueprint for similar deployments across other U.S. utilities, potentially catalyzing Ericsson's enterprise business growth. The timing is particularly strategic as utilities face increasing pressure to modernize their grids and enhance cybersecurity measures. This positions Ericsson to potentially secure additional contracts in the utility sector, especially given the growing emphasis on grid resilience and security in federal infrastructure initiatives.

PLANO, Texas, Feb. 4, 2025 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and the Lower Colorado River Authority (LCRA) have signed a multi-year agreement to implement a private LTE network across parts of 68 Texas counties. The advanced network will support grid modernization efforts, provide reliable, low-latency communications and help safeguard utility operations against growing threats.

"A private LTE network will provide LCRA with additional capacity, control and security capabilities that are essential to our role as a leading public utility in Texas," said Stephen Kellicker, LCRA executive vice president of Enterprise Resources. "We are committed to enhancing our operational capabilities while helping to ensure the highest levels of security and reliability in our service to Texans."

The private LTE network will be a foundational element in LCRA's long-term strategy to maintain reliable and resilient wireless communications for its own operations and the communities it serves. The mission critical private LTE network provided by Ericsson includes the 5G-ready, geographically redundant Ericsson dual-mode 5G Core solution, radio access network (RAN) solutions, network management, and security management solutions. By implementing the private LTE network, LCRA will gain additional visibility and control over its utility operations with essential applications such as mission-critical push-to-talk (MCPTT), Supervisory Control and Data Acquisition (SCADA), and supporting electric cooperatives, and municipal, school, transit and other governmental entities with their critical communication needs.

With 24/7/365 monitoring and support from Ericsson's dedicated Network Operations teams, the private LTE network will be strengthened against risks stemming from extreme weather and malicious actors; supporting LCRA's efforts to provide robust and resilient utility services.

"This agreement with LCRA demonstrates Ericsson's commitment to securing and modernizing America's critical infrastructure," said Eric Boudriau, Vice President and Head of Customer Unit Regional Customers & HCP, Ericsson North America. "By implementing a mission critical private LTE network, LCRA is taking proactive steps to enhance grid resilience, strengthen cybersecurity, and prepare for future technological advances that will benefit millions of Texans."

Initial operations, scheduled to begin in Q1 2025, will establish a future-focused, 5G-ready mission-critical network throughout LCRA's area.

With a long-standing presence in North America since 1876, Ericsson continues to lead in secure, reliable network solutions for critical infrastructure.

NOTES TO EDITORS:

Ericsson: Empowering smart grids with mission-critical networks

FOLLOW US:

Subscribe to Ericsson press releases here
Subscribe to Ericsson blog posts here
https://twitter.com/ericsson
https://www.facebook.com/ericsson
https://www.linkedin.com/company/ericsson

MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com  (+46 10 719 69 92)
investor.relations@ericsson.com  (+46 10 719 00 00)

ABOUT ERICSSON:
Ericsson's high-performing, programmable networks provide connectivity for billions of people every day. For nearly 150 years, we've been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lcra-and-ericsson-to-deploy-private-lte-network-for-utilities-in-texas-302364729.html

SOURCE Ericsson

FAQ

When will Ericsson (ERIC) begin operations of the LCRA private LTE network in Texas?

Initial operations of the private LTE network are scheduled to begin in Q1 2025.

How many Texas counties will be covered by Ericsson's (ERIC) LCRA network deployment?

The private LTE network will be implemented across parts of 68 Texas counties.

What technologies will Ericsson (ERIC) provide in the LCRA network deployment?

Ericsson will provide a 5G-ready dual-mode core solution, radio access network (RAN) solutions, network management, and security management solutions.

What monitoring services will Ericsson (ERIC) provide for the LCRA network?

Ericsson will provide 24/7/365 monitoring and support through its dedicated Network Operations teams.

What critical applications will the Ericsson (ERIC) LCRA network support?

The network will support mission-critical push-to-talk (MCPTT), Supervisory Control and Data Acquisition (SCADA), and communications for various governmental entities.

Ericsson American Depositary Shares

NASDAQ:ERIC

ERIC Rankings

ERIC Latest News

ERIC Stock Data

24.85B
3.33B
10.67%
0.99%
Communication Equipment
Technology
Link
United States of America
Stockholm