India's Bharti Airtel partners Ericsson 5G Core technology to drive 5G evolution
Rhea-AI Summary
Bharti Airtel and Ericsson (NASDAQ: ERIC) have strengthened their partnership with a new agreement to deploy Ericsson's 5G Core network technology across India. This collaboration will enable Airtel to gradually transition to a full-scale 5G Standalone network, bringing advanced 5G capabilities to millions of customers and enterprises.
The agreement encompasses packet core, signaling, charging, and policy solutions. Ericsson will deploy its Signaling Controller solution and 5G Standalone-enabled Charging and Policy solution, representing strategic enhancements to Airtel's 5G monetization efforts and enabling new business models.
Randeep Sekhon, CTO of Bharti Airtel, emphasized that this rollout will play a pivotal role in their long-term 5G strategy, boosting network capacity and enabling innovative services. Ericsson's dual-mode 5G core will facilitate monetization through network slicing-based services and network API exposure.
The companies have maintained a partnership spanning more than 25 years, covering every generation of mobile communications technology.
Positive
- Partnership enables transition to full-scale 5G Standalone network
- Deployment includes strategic 5G monetization capabilities
- New technology enables network slicing-based services
- Agreement strengthens 25+ year partnership between companies
Negative
- None.
News Market Reaction
On the day this news was published, ERIC gained 4.53%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
- New agreement spans packet core, signaling, charging & policy solutions
The collaboration will enable Airtel to seamlessly transition to a commercially live, full-scale 5G Standalone network over time, bringing the high-end capabilities of 5G to their customers.
Randeep Sekhon, CTO, Bharti Airtel, says: "Ericsson's enduring partnership with Airtel has entered an exciting new phase, marked by the deployment of Ericsson's 5G Core solutions to support Airtel's transition to 5G Standalone. This rollout will play a pivotal role in Airtel's long-term 5G strategy, boosting network capacity and enabling the delivery of innovative, differentiated services to customers."
Andres Vicente, Head of Market Area Southeast Asia,
As part of this agreement, Ericsson will deploy its Signaling Controller solution within Bharti Airtel's network. Furthermore, Ericsson's 5G Standalone-enabled Charging and Policy solution will be introduced. These new capabilities represent a strategic enhancement to Bharti Airtel's 5G monetization efforts, enabling the development of new business models.
Ericsson is a longstanding Bharti Airtel connectivity partner with a close relationship spanning more than 25 years and covering every generation of mobile communications, including the award of Bharti Airtel's first 5G contract in
Related link:
Ericsson 5G Core: Evolve your core network for 5G
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SOURCE Ericsson
FAQ
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