Ericsson and Verizon reach multi-year agreement on 5G

New deal will help Verizon strengthen and expand its 5G ultra-wideband network

5G graphic

Ericsson and Verizon are expanding their long-standing partnership with a multi-year agreement valued at $8.3 billion.

Per the new deal, Verizon will leverage Ericsson's 5G multiple-input, multiple-output (MIMO) technology, including C-band, low-band, and millimeter wave (mmWave) solutions, to enhance its 5G ultra-wideband (UWB) network's performance, coverage, and user experience

"This is a significant strategic partnership for both companies and what we're most excited about is bringing the benefits of 5G to U.S. consumers, enterprises and the public sector. We're looking forward to working with Verizon to leverage solutions like Cloud RAN and our Street Macro, adding depth and versatility to 5G network rollouts across the U.S," said Niklas Heuveldop, president and head of Ericsson North America. 

Commenting on its industry-leading 5G services, Ericsson said its Massive MIMO, Spectrum Sharing, and Cloud RAN solutions ensure end-users get the speed and performance they desire from a 5G network.

Ericsson's Massive MIMO line offers a broad range of compact, energy-efficient Antenna Integrated Radios that increase network throughput and reduce interference among devices. Ericsson Spectrum Sharing allows simultaneous 4G and 5G deployment in the same band, maximizing spectrum efficiency. 

Through a software update, any Ericsson radio delivered after 2015 can enable dynamic sharing remotely. Cloud-agnostic, Ericsson’s Cloud RAN offers support for 5G mid-band and Massive MIMO deployments. 

Related Resource

How fashion retailers are redesigning their digital future

Fashion retail guide

Woman browsing clothes in storeDownload now

"With this new agreement, we will be able to continue driving innovation and widespread adoption of 5G. We are pleased to continue this work through our long-standing relationship with Ericsson," said Kyle Malady, chief technology officer (CTO) at Verizon. 

Earlier this year, Verizon announced plans to double its mmWave 5G in 2021. This deal should put it on the path toward meeting its goals.

Featured Resources

The definitive guide to warehouse efficiency

Get your free guide to creating efficiencies in the warehouse

Free download

The total economic impact™ of Datto

Cost savings and business benefits of using Datto Integrated Solutions

Download now

Three-step guide to modern customer experience

Support the critical role CX plays in your business

Free download

Ransomware report

The global state of the channel

Download now

Recommended

What is TCP/IP?
Internet Protocol version 6 (IPv6)

What is TCP/IP?

10 Sep 2021
US 5G data shows urban-rural digital divide
Network & Internet

US 5G data shows urban-rural digital divide

7 Sep 2021
Bad bots account for almost 40% of internet traffic
bots

Bad bots account for almost 40% of internet traffic

2 Sep 2021
NTT taps Celona to enable private 5G for enterprises
5G

NTT taps Celona to enable private 5G for enterprises

18 Aug 2021

Most Popular

Zoom: From pandemic upstart to hybrid work giant
video conferencing

Zoom: From pandemic upstart to hybrid work giant

14 Sep 2021
What are the pros and cons of AI?
machine learning

What are the pros and cons of AI?

8 Sep 2021
Apple patches zero-day flaw abused by infamous NSO exploit
exploits

Apple patches zero-day flaw abused by infamous NSO exploit

14 Sep 2021