Ericsson expands 4G and 5G network equipment partnership with SoftBank Corp.
Rhea-AI Summary
Ericsson (NASDAQ: ERIC) has expanded its partnership with SoftBank Corp. through a new commercial agreement for 4G and 5G network equipment. Ericsson will enhance SoftBank's networks across multiple Japanese regions including Hokkaido, Tohoku, Kanto, Hokuriku, Tokai, and parts of Kansai.
The agreement includes the deployment of Ericsson Radio System products, featuring the energy-efficient Massive MIMO AIR 3255 that reduces energy consumption by up to 35% compared to previous models. Ericsson will also provide its latest RAN Compute basebands optimized for real-time AI execution, supporting SoftBank's focus on 5G Standalone deployment and network enhancement through AI utilization.
Positive
- Partnership expansion strengthens Ericsson's position in Japan's 5G market
- New AIR 3255 technology reduces energy consumption by 35%
- Implementation of AI-powered RAN technology for improved network efficiency
- Coverage expansion across multiple major Japanese regions
Negative
- Significant investment required for network upgrades and expansion
- Competitive pressure in Japanese telecom market requiring continuous innovation
News Market Reaction 1 Alert
On the day this news was published, SOBKY gained 0.35%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
- Ericsson to supply network equipment for SoftBank's low, mid, and high bands
- Ericsson will contribute to SoftBank's 4G and 5G networks enhancement and expand further expansion of 5G Standalone coverage
SoftBank's 4G and 5G networks will be enhanced by utilizing products and solutions from the Ericsson Radio System. Frequencies covered in the agreement include low, mid and high bands. Ericsson will assist SoftBank in expanding 5G Standalone coverage and supporting advanced automation and operational efficiency improvements with AI.
Hideyuki Tsukuda, Executive Vice President and CTO at SoftBank Corp., says: "SoftBank will promote network enhancement with a focus on 5G Standalone deployment and AI utilization, delivering an outstanding user experience for both enterprise and consumer customers in
Chafic Nassif, Head of Market Area North East Asia, Ericsson, says: "SoftBank has been at the forefront of connectivity engagement through every generation of mobility. As digitalization ramps up, Ericsson will work closely with SoftBank in our strengthened partnership to help drive its digital leadership ambitions through improved end-user experiences, AI and automation. This will also support SoftBank's role in helping
Portfolio details
Ericsson will provide SoftBank with its latest radio access network (RAN) products, including the easy-to-install, lightweight Massive MIMO AIR 3255, which reduces energy consumption by up to 35 percent compared to previous models. The company will also deliver the energy-efficient, high-capacity, ultra-wideband AIR 6476.
Ericsson will also supply its latest generation RAN Compute (basebands), optimized for real-time AI execution. The RAN hardware and software utilizing Ericsson's AI will enhance user experience, coverage, mobility and spectrum efficiency, and reduce energy consumption.
Ericsson's RAN Compute, powered by Ericsson Silicon and the Many-Core Architecture (EMCA), enhances data storage and parallel processing capabilities. This enables real-time AI execution in the baseband, making AI deployment easier and more energy efficient.
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Ericsson Differentiated Connectivity
NOTES TO EDITORS:
SoftBank, the SoftBank name and logo are registered trademarks or trademarks of SoftBank Group Corp. in
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