Tuesday, 23 April, 2019

Mobile, Ericsson Sign Major USD 3.5 Billion 5G Agreement

First 3GPP-compliant 5G NR mm Wave OTA call happened T-Mobile bolster 5G ambitions with $3.5 billion supplier deal with Ericsson
Cecil Davis | 13 September, 2018, 19:14

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. The new agreement is worth exactly as much as the one done with Nokia back in July, and it seems to have the same objective as well.

"The cadence and frequency of these significant milestone achievements from Verizon and Nokia show just how quickly we're taking the promise of 5G technology from the lab to the field and to the marketplace where our customers will ultimately use this revolutionary technology", said Bill Stone, VP of Technology Development and Planning for Verizon.

During the same event, AT&T also announced the rollout of mobile 5G in five U.S. cities: Houston, Jacksonville, Louisville, New Orleans, and San Antonio - in addition to previously announced markets: Atlanta, Charlotte, Dallas, Indianapolis, Oklahoma City, Raleigh, and Waco.

Ericsson announced a new United States dollars 3.5 billion contract to support T-Mobile's nationwide 5G network deployment in the US. Verizon will also have a 5G phone around that time thanks to the 5G Moto Mod for the Moto Z3.

5G networks are the next generation of mobile internet connectivity, offering faster speeds and more reliable connections on smartphones and other devices than ever before.

T-Mobile announced plans to merge its business with Sprint Corp.

Six people dead after shooting spree in California
The husband then went to another location on Breckenridge Road where he confronted two males at a residence and shot them. The man first showed up at a trucking business with his wife shortly before 5:30 p.m. and confronted another man.

"We have recently made a decision to increase our investments in the USA to be closer to our leading customers and better support them with their accelerated 5G deployments", said Niklas Heuveldop, Ericsson's North America president, in the vendor's statement. These are all meant to help T-Mobile bridge the gap between its current nationwide LTE Advanced network to a functioning 5G network faster than any of its competitors. (NYSE: S) earlier this year, but the proposed tie-up has yet to secure the approval of United States competition authorities.

From T-Mobile's announcements, it seems the operator will be dividing the labor and dual sourcing from the two companies equally, buying both hardware and software compliant with global standards from Ericsson and Nokia. "Together with our partners we are continuing to prove the readiness of both the underlying technology and the ecosystem".

Ericsson ranks as the largest supplier of mobile network technology ahead of Nokia. (Shenzhen: 000063; Hong Kong: 0763), which are unable to sell products to the main USA service providers because government watchdogs say the Chinese companies are a potential threat to national security.

Under the terms of the new deal, Ericsson will supply hardware and software from its market-ready 5G Platform, which includes its strengthened Ericsson Radio System portfolio, across all spectrum bands available to T-Mobile. It, too, was for 5G technology, software and services.

While Nokia's performance has come as a disappointment to shareholders so far in 2018 - with earnings marked by a fall in profitability - CEO Rajeev Suri has continued to insist that 5G business will start to buoy figures toward the end of the current financial year.