Ericsson Launches 5G Platform, Says Operators Stand To Gain 34% Add-in Revenue

Ericsson on Thursday announced its 5G platform that would help operators migrating towards a 5G network with ease. The new 5G platform comprises the 5G core, radio and transport portfolios coupled with digital support systems, transformation services and security.

5G, that Ericsson believes will be a $582 billion market by 2026, offers multitude of opportunities for next generation networks and operators stand to grow their revenue by 34% by that time. The Swiss company believes majority of the growth would come from manufacturing and energy/utilities sectors from a 5G stand point.

“With this launch, we introduce our 5G platform to support the beginning of a huge change in network capabilities, allowing our customers to offer more advanced use cases and new business models to their customers. It is an important milestone enabling operators to continue their evolution journey to 5G,” says Arun Bansal, Head of Business Unit Network Products at Ericsson.

“We are pleased with the progress Ericsson is making in advancing 5G technology commercially,” says Roger Gurnani, Chief Technology Officer, Verizon. “Our customer trials with 5G technology in 11 cities across US is an important step in accelerating the path to next generation of wireless services.”

The company has demonstrated the success of its 5G platform when the company build a network along with Deutsche Telekom and SK Telecom. The three have jointly built and demonstrated the world’s first intercontinental 5G trial network where network slices were made available in the other operator’s footprint.

Daniel Staub, Head of Joint Mobile Group, Swisscom, says: “Ericsson’s new 5G portfolio opens up for new opportunities. As we are taking our first steps towards 5G, Ericsson’s new wideband four-transceiver radio will help us produce even more speed on 4G.

In the 5G platform Ericsson integrated its first 5G Core System capable of 5G use cases based on network slices. Network slicing allows an operator to provide dedicated virtual networks with functionality specific to the service or customer over a common network. Already today, this enables some early 5G use cases for telecom operators to capture growth opportunities.

As far as radio and transport is concerned Ericsson has added mid-band and high-band 5G New Radio (NR) Radios to the world’s first 5G NR radio that the company launched last year. Having radios available for all frequency ranges will bring benefits of 5G communications globally. The 5G radio portfolio will be the first to support the new standardized 5G fronthaul interface (called eCPRI). The support of these new business opportunities and new applications will require delivering terabyte of data throughout the network. To ensure the needed network transport capabilities, Ericsson also introduces optimized transport solutions.

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