Swedish communication services giant Ericsson and US-based wireless network operator T-Mobile on Wednesday signed a multi-year contract worth $3.5 billion to support the latter's nation-wide deployment of 5G network.
"We have recently decided to increase our investments in the US to be closer to our leading customers and better support them with their accelerated 5G deployments and we are excited about our partnership with T-Mobile," said Niklas Heuveldop, President and Head of Ericsson in North America.
Ericsson would also provide its digital services solutions to T-Mobile, including dynamic orchestration, business support systems (BSS) and Ericsson Cloud Core for faster 5G deployment, Ericsson said.
Deployment of 5G networks would make way for the advancements and developments to come to Long-Term Evolution (LTE) -- which is a standard for high-speed wireless communication for mobile devices and data terminals.
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