Ericsson strikes $8.3 billion 5G deal with Verizon


FILE PHOTO: Ericsson logo is seen at its headquarters in Stockholm, Sweden June 14, 2018. REUTERS/Olof Swahnberg

(Reuters) - Swedish telecoms gear maker Ericsson said on Friday it struck an $8.3 billion deal with Verizon Communications Inc to accelerate the deployment of 5G network in the United States.

(Reporting by Shubham Kalia; Editing by Subhranshu Sahu)

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

AI computing is on pace to consume more energy than India, Arm says
The quick, cheap, easy process of building an AI-generated disinformation website
TSMC set to report 5% rise in first-quarter profit on strong AI chip demand
Oracle to invest over $8 billion in Japan in cloud computing, AI
First law protecting consumers' brainwaves signed by Colorado governor
Microsoft finds Russian influence operations targeting U.S. election have begun
Micron set to get $6 billion in chip grants from US, Bloomberg reports
New Cadence supercomputers aim to speed creation of chips, software
Fintech Revolut bets on Mexico growth, expects remittances as driver
Google lays off employees, shifts some roles abroad amid cost cuts

Others Also Read