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September 12, 2018 10:00 am

T-Mobile, Ericsson Sign $3.5 Billion 5G Agreement

T-Mobile and Ericsson have signed a multi-year $3.5 billion agreement to build out T-Mobile's 5G infrastructure. The telecommunications company "will deploy Ericsson's Radio System portfolio, including 5G New Radio and NR hardware and software compliant with 3GPP standards," reports ZDNet. From the report: According to the companies, the contract also encompasses Ericsson's digital services solutions, including dynamic orchestration, business support systems or BSS, and Ericsson Cloud Core. Meanwhile, T-Mobile's already installed base of Ericsson Radio System radios will be able to run 5G NR technology via remote software installation. T-Mobile and Ericsson rival Nokia also announced a $3.5 billion 5G deal back in July. Add it up and T-Mobile is investing $7 billion in 5G between the two companies. As part the Nokia agreement, T-Mobile said it would use Nokia's 5G network technology including software, services and hardware. The carrier also said Nokia would help make its "600 MHz and 28 GHz millimeter wave 5G capabilities compliant with 3GPP 5G New Radio (NR) standards" -- echoing its current plans with Ericsson. In other 5G-related news, Verizon will begin offering installation of its 5G home broadband in select markets on October 1st. "Customers [in Houston, Indianapolis, Los Angeles, and Sacramento] will be able to begin ordering service once the installation is complete, with pricing set at $50 for Verizon Wireless customers and $70 for non-VZW customers," reports PhoneDog. Network speeds are expected to be around 300Mbps, with peak speeds nearing 1Gbps. There will also be no data caps.

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