Swedish networking company Ericsson will supply telecommunications company Verizon with its 5G solutions, as the latter seeks to expand its 5G network in the United States.
As part of the $ 8.3 billion deal, Verizon will deploy Ericsson’s C-band, low-band, and millimeter wave (mmWave) 5G MIMO solutions to enhance and expand ultra-broadband 5G coverage, Verizon’s network performance and user experience. Ericsson technology solutions including Massive MIMO, Ericsson Spectrum Sharing and Ericsson Cloud RAN complement Ericsson’s portfolio of high performance radio systems to support 5G services. Ericsson’s industry-leading software functionality gives end users the speed and performance they expect from 5G networks.
“This is an important strategic partnership for both companies and what excites us most is bringing the benefits of 5G to US consumers, businesses and the public sector,” said Niklas Heuveldop , President and Director of Ericsson North America. “We look forward to working with Verizon to leverage solutions such as Cloud RAN and our Street Macro, adding depth and versatility to 5G network deployments across the United States. “
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“With this new agreement, we can continue to drive innovation and widespread adoption of 5G,” said Kyle Malady, CTO of Verizon. “We are delighted to continue this work thanks to our long-standing relationship with Ericsson. “
In 2020, Verizon was the first communications service provider to receive a 5G mmWave Street Macro commercial base station from Ericsson’s award-winning new US smart factory in Lewisville, TX. Ericsson is committed to building and accelerating the development of 5G nationwide across the country.