Ericsson Signs $3.5 Billion 5G Agreement With T


The press made it seem like T-Mobile gained ground on AT&T and Verizon in the 5G race, but 7 hours later, Verizon set the record straight by outlining its plan to launch 5G internet on october 1. But for both carriers, there's a catch: 5G will only be available for home internet - mobile won't happen until 2019 at the earliest.

As part of the deal, Ericsson will be providing the carrier with 3GPP-compliant 5G New Radio hardware and software, as well as its solutions for digital services, which should help T-Mobile "rapidly launch innovative and groundbreaking 5G experiences" to its customers.

"While the other guys just make promises, we're putting our money where our mouth is", said Neville Ray, CTO, T-Mobile.

San Francisco: Swedish communication services giant Ericsson and US-based wireless network operator T-Mobile on Wednesday signed a multi-year contract worth $3.5 billion to support the latter's nation-wide deployment of 5G network. In fact, T-Mobile says it actually already has some Ericsson radios that can run 5G New Radio technology with a remote software installation. "This settlement marks a important milestone for both companies."T-Cell and Ericsson rival Nokia moreover announced a $Three.5 billion 5G deal motivate in July". "With this new Ericsson agreement, we're laying the groundwork for 5G and with Sprint, we can supercharge the 5G revolution", he added.

More news: Chandrababu Naidu cuts Rs 2 on Value-Added Tax on fuel, blasts YSRC

T-Mobile will leverage Ericsson's 5G portfolio to expand existing LTE capacity needs while preparing the network for the next generation of technology.

T-Mobile is moving ahead quickly with its plans to upgrade it wireless systems to the next level of 5G.

Ericsson is an unsurprising choice for T-Mobile's 5G upgrade plans as the U.S. operator's existing Ericsson Radio systems radios will also be able to run on the upgraded 5G system, with only a remote software installation.