Ericsson has 23 publicly announced 5G contracts
With its gear supporting 23 publicly announced 5G contracts, including with the four Tier 1 U.S. carriers and all three Korean mobile network operators, Ericsson reported this week a 10% second quarter year-over-year increase in sales driven by uptake in North America and Northeast Asia.
CEO Börje Ekholm said Ericsson’s equipment is presents in “almost two-thirds of all commercially launched 5G networks…Initially, 5G will be a capacity enhancer in metropolitan areas. However, over time, new exciting innovations for 5G will come with IoT use cases, leveraging the speed, latency and security 5G can provide.
