
Telia and Ericsson (NASDAQ: ERIC) have added Lithuania to their Nordics and Baltics alliance to deploy next-generation 5G in the region.
The deal follows previous regional announcements covering the deployment of 5G across Sweden and Estonia and Ericsson's selection as Telia's partner in Norway.
The modernized 4G network and the introduction of ultra-fast high-capacity 5G will enhance digital experiences for Telia's subscriber and business customers in Lithuania. About 2,000 mobile sites will be modernized over the coming three years.
The upgrade will make the network about five times more energy-efficient than previous generations of mobile technology. In addition to being powered by 100 percent renewable electricity, this will deliver sustainability and power consumption benefits to Telia Lithuania.
Dan Stromberg, CEO, Telia Lithuania and the Head of LED (Lithuania, Estonia and Denmark), says: The partnership between Telia and Ericsson will enable us to provide our customers with state-of-the-art mobile connectivity and speed up the development of a sustainable digital society. Modernized 4G networks and the upcoming 5G connectivity will deliver superior user experiences and opportunities to our subscriber and business customers.
Jenny Lindqvist, Head of Northern and Central Europe, Ericsson, says: We are very excited to partner with Telia once again, this time to power enhanced 4G and next-generation 5G to its customers in Lithuania. 5G is a catalyst for digital innovation, paving the way for advances in business and industry, giving the Lithuanian economy the boost it needs during uncertain times. Driving a more resilient, smarter and sustainable society, we are working with Telia to bring 5G to the Baltics and Nordics alike.
Portfolio information:
Telia Lithuania's 4G network modernization and deployment of Ericsson's 5G radio access network (RAN) technology will comprise Ericsson Radio System products and solutions. This includes Ericsson Spectrum Sharing, which will enable Telia to dynamically share 4G and 5G traffic and enable a smooth, fast, and cost-effective migration to 5G. Ericsson is also supplying its 5G Carrier Aggregation solutions for better coverage, increased capacity and higher data speeds. Roll-out and support services are also part of the deal.
Ericsson currently has 114 commercial 5G agreements and contracts with unique communications service providers globally, of which 65 are publicly announced 5G deals, including 65 live commercial 5G networks.
Related links:
Telia and Ericsson continue to transform Nordics and Baltics with exclusive 5G alliance
Telia Norway launches commercial 5G powered by Ericsson
Ericsson 5G
Ericsson Spectrum Sharing
Ericsson Radio System
Ericsson 5G Carrier Aggregation
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ABOUT ERICSSON:
Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's innovation investments have delivered the benefits of mobility and mobile broadband to billions of people around the world. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com
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