Ericsson has signed 122 5G commercial agreements or contracts so far

Ericsson Russia

According to Ericsson’s official website, the company currently has 122 5G commercial contracts. The Swedish company has 71 publicly announced 5G contracts and 77 live 5G networks. The company is doing much better than earlier predictions. Earlier, Ericsson released the “Ericsson Mobile Market Report.” In the report, the company predicts that by the end of 2020, 5G networks will cover more than 1 billion people worldwide. Driven by the faster-than-expected growth of 5G users in China, by the end of this year, the number of active 5G subscribers will reach 220 million, of which only 150 million will use 5G-enabled devices.

Ericsson CEO on 5G

The company also predicts that in 2026, the number of 5G subscriptions will reach 3.5 billion. This will account for 40% of all mobile users. Also, Ericsson’s prediction shows that 5G networks will cover 60% of the world’s population. In addition, the company estimates that by 2026, 5G will carry more than 50% of the world’s mobile data traffic, but this does not include traffic from fixed wireless access (FWA).

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From the early stage of 5G R&D, Ericsson has also been cooperating with major service provider partners. The company released its first public 5G cooperation agreement in 2014. Furthermore, Ericsson’s contracts cover radio access network (RAN) and core network deployment. These contracts are supported by products and solutions from the Ericsson Radio System and Ericsson Cloud Core network product portfolios.

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Ericsson’s 5G deployment includes 5G NSA, 5G SA, and Ericsson spectrum sharing technology. They also include the cloud-native capabilities of Ericsson’s dual-mode 5G core network.

Ericsson has deployed 5G networks in high, medium, and low-frequency bands in different areas. This includes urban, suburban, and rural environments to support enhanced mobile broadband and fixed wireless access business cases.

Ericsson President and CEO, Börje Ekholm said…“Customer needs have been at the core of the development and evolution of Ericsson’s 5G technology from the beginning. We are committed to this commitment to promote 100 communication service providers worldwide to choose our technology to achieve their 5G success…We will continue to be customer-centric and help them deliver the benefits of 5G as a key national infrastructure to their customers, industries, society, and the country.”

Ericsson has also worked with service partners, universities, technical institutes, and industrial partners to develop and create 5G commercial and consumer use cases. These use cases include factory automation, smart offices, remote surgery, and other enterprise and Industry 4.0 applications.

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