July 16 - 09:07
18D
Ericsson lands $8.3bn 5G deal with Verizon
Ericsson has secured a landmark contract with Verizon to deliver 5G infrastructure. The contract, worth $8.3bn, will see Ericsson supply its 5G MIMO C-band, low-band and millimeter wave (mmWave) solutions for Verizon's coverage. This deal will accelerate the roll-out of 5G across the United States. "This is a significant strategic partnership for both companies," said an Ericsson spokesperson.
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