Ericsson wins 5G mega contract, largest in history

The opportunity is good for Börje Ekholm, CEO of Ericsson. He took advantage of the July 16 publication of second quarter 2021 results to announce a mega 5G contract with US telecoms operator Verizon. The amount amounts to 8.3 billion dollars (6.9 billion euros) over five years. This is the biggest contract in Ericsson history, according to Börje Ekholm.

Today it is clear that we are a leader in the field of 5G, he claims when presenting the results to analysts and media. We have a very competitive product portfolio and today we power 93 5G networks in service out of a total of 169 worldwide.. “

Mixed results […]

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