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Ericsson strikes $8.3bn 5G agreement with Verizon

July 16, 2021

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Ericsson announced a new multi-year agreement with U.S. carrier Verizon to provide its 5G solutions with the aim of accelerating the deployment of Verizon’s 5G network in the country.

Under the $8.3 billion deal, Verizon will deploy Ericsson’s 5G MIMO C-band, low-band and millimeter wave (mmWave) solutions to enhance and expand Verizon’s 5G Ultra Wideband coverage, network performance and user experience.

Ericsson said that its solutions, including massive MIMO, Ericsson Spectrum Sharing and Ericsson Cloud RAN, are part of the Ericsson Radio System portfolio to support 5G services.

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