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Ericsson expands 4G and 5G network equipment partnership with SoftBank Corp.

1. Ericsson strengthens its partnership with SoftBank for network enhancements. 2. New agreement covers 4G and 5G networks across multiple Japanese regions. 3. Ericsson will supply energy-efficient RAN products and AI solutions. 4. SoftBank aims to improve user experience through 5G Standalone and AI. 5. Collaboration supports SoftBank's digital economy initiatives in Japan.

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Why Bullish?

The partnership with SoftBank enhances Ericsson's market position. Historical collaborations have previously led to significant revenue growth.

How important is it?

The deal directly influences sales, enhancing ERIC's revenue potential. SoftBank is a significant player in the telecom market, and this agreement strengthens ERIC’s portfolio.

Why Long Term?

The continual deployment of Ericsson's technology will lead to sustained demand and revenue. Previous long-term contracts with telecom companies have boosted ERIC's stock.

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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 , /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has strengthened its partnership with Japan's SoftBank Corp. (SoftBank) through a new commercial agreement covering 4G and 5G network products and solutions. Ericsson has been selected as one of the radio equipment vendors to enhance SoftBank's networks. Ericsson will enhance SoftBank's networks in the Hokkaido, Tohoku, Kanto, Hokuriku and Tokai regions, and parts of the Kansai region. 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 Japan. We are confident that adopting Ericsson's advanced radio technology will further accelerate the enhancement of our network's quality and operational efficiency with AI." 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 Japan to achieve its wider digital economy aims as a nation." 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. Related content:Ericsson 5G RANAI RAN and 5G network performance boost - EricssonEricsson Differentiated Connectivity NOTES TO EDITORS:SoftBank, the SoftBank name and logo are registered trademarks or trademarks of SoftBank Group Corp. in Japan and other countries. Other company names and product and service names mentioned in this press release are registered trademarks or trademarks of their respective companies. FOLLOW US:Subscribe to Ericsson press releases | Subscribe to Ericsson blog postshttps://x.com/ericsson | https://www.facebook.com/ericsson | https://www.linkedin.com/company/ericsson MORE INFORMATION ATEricsson Newsroom[email protected] (+46 10 719 69 92)[email protected] (+46 10 719 00 00) ABOUT ERICSSON:Ericsson's high-performing networks provide connectivity for billions of people every day. For nearly 150 years, we've been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com ABOUT SOFTBANK CORP.Guided by the SoftBank Group's corporate philosophy, "Information Revolution - Happiness for everyone," SoftBank Corp. (TOKYO: 9434) operates telecommunications and IT businesses in Japan and globally. Building on its strong business foundation, SoftBank Corp. is expanding into non-telecom fields in line with its "Beyond Carrier" growth strategy while further growing its telecom business by harnessing the power of 5G/6G, IoT, Digital Twin and Non-Terrestrial Network (NTN) solutions, including High Altitude Platform Station (HAPS)-based stratospheric telecommunications. While constructing AI data centers and developing homegrown LLMs specialized for the Japanese language with 1 trillion parameters, SoftBank is integrating AI with radio access networks (AI-RAN) with the aim of becoming a provider of next-generation social infrastructure. To learn more, please visit https://www.softbank.jp/en/ This information was brought to you by Cision http://news.cision.com. https://news.cision.com/ericsson/r/ericsson-expands-4g-and-5g-network-equipment-partnership-with-softbank-corp-,c4212785 The following files are available for download: SOURCE Ericsson WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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