Ericsson and Verizon expand their old partnership with the announcement of a new landmark of $ 8.5 billion a multi-year agreement where the Swedish network equipment vendor will provide US telecommunications with a 5G solution.

Through the agreement, Verizon plans to accelerate the spread of its 5G networks throughout the US after starting the launch of the next generation of cellular internet connectivity in 2019.

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“This is a significant strategic partnership for both companies and what we like most is to bring 5G benefits to the US consumers, companies and public sectors. We look forward to working with Verizon to utilize solutions such as Cloud Ran and our street macro, adding depth and flexibility For the launch of a 5G network throughout the US. “

Deal landmark.

As part of a new $ 8.3 billion agreement, Verizon will disseminate the 5G MIMO C-band, low-band, and millimeter wave (mmwave) solutions to improve and expand 5G Ultra Wideband, network performance, and user experience.

Ericsson technology solutions, which include Mimo Massive, Ericsson Spectrum Sharing and Ericsson Cloud Ran, complements the Ericsson radio system portfolio to support 5G services.

Verizon and Ericsson have worked together in the past and last year, Verizon was the first telecommunications to receive the Marco Street Commercial 5G mmwave base station from the US intelligent factory in Lewisville, Texas.

Verizon customers will soon see increased performance and better coverage when using a 5G smartphone on the network and we will likely hear more about the agreement after telecommunications began launching Ericsson equipment.