Ericsson partners with Jio to build India’s first 5G Standalone network to achieve India’s digital leadership
Ericsson (NASDAQ:ERIC) announced that it has entered
into a long-term strategic 5G contract with Indian communications service
provider (CSP) Reliance Jio Infocomm Ltd. (Jio) to roll out 5G Standalone (SA)
in the country. The announcement follows the allocation of 5G spectrum in the
recently concluded auctions in India. This is the first partnership between Jio
and Ericsson for radio access network deployment in the country.
Announcing the partnership, Akash Ambani, Chairman,
Reliance Jio, says: “We are delighted to partner with Ericsson
for Jio’s 5G SA rollout. Jio transformed the digital landscape in India with
the launch of LTE services in 2016. We are confident that Jio’s 5G network will
accelerate India’s digitalization and will serve as the foundation for
achieving our nation’s ‘Digital India’ vision.”
Jio’s Standalone 5G network deployment represents a
major technology leap since it modernizes the network infrastructure to deliver
a truly transformative 5G experience to consumers and enterprises. The
capabilities of 5G SA are expected to drive innovation and build a robust 5G
ecosystem and deliver advanced services.
Ericsson’s energy-efficient 5G Radio Access Network
(RAN) products and solutions from Ericsson Radio System and E-band microwave mobile
transport solution will be deployed in the 5G network for Jio. All products and
solutions are deployed on new-build 5G SA networks, designed to maximize the
benefits of 5G to CSPs and their customers – whether individual subscribers or
enterprise and industry customers.
Börje Ekholm, President and CEO, Ericsson, says: “India
is building world-class digital infrastructure that will drive innovation, job
creation and entrepreneurship across the country. We are happy to partner with
Jio in those ambitions, through Ericsson 5G Standalone connectivity, which will
be a major catalyst in meeting those digital transformation goals across
society, enterprise and industry."
5G Ranking
Ericsson recently topped the Frost
Radar™: Global 5G Network Infrastructure Market ranking for second year in a row. Ericsson was also named a Leader
in the 2022 Magic Quadrant for 5G Network Infrastructure for Communications
Service Providers report
by Gartner.
The Company invests around 18 percent of global
revenue in R&D and holds the leading patent portfolio in the industry, with
more than 60,000 granted patents worldwide. It is also the holder of the most
5G essential patents.
From setting up the first switch in India in 1903 to providing connectivity across 2G, 3G, 4G and now preparing for 5G, Ericsson continues to play a pivotal role in powering virtually every facet of telecommunications in the country.
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ERICSSON:
Ericsson enables communications service providers to capture the full value of
connectivity. The company’s portfolio spans the business areas Networks,
Digital Services, Managed Services and Emerging Business. It is designed to
help our customers go digital, increase efficiency and find new revenue
streams. Ericsson’s innovation investments have delivered the benefits of
mobility and mobile broadband to billions of people globally. Ericsson stock is
listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com