Bharti Airtel partners Ericsson 5G Core technology to drive 5G evolution

Bharti Airtel and Ericsson (NASDAQ: ERIC) have strengthened their longstanding partnership through a new collaboration to deploy Ericsson's secure, high performing 5G Core network offerings to the benefit of Airtel's millions of customers and enterprises across India.

The collaboration will enable Airtel to seamlessly transition to a commercially live, full-scale 5G Standalone network over time, bringing the high-end capabilities of 5G to their customers.

Randeep Sekhon, CTO, Bharti Airtel, says: "Ericsson's enduring partnership with Airtel has entered an exciting new phase, marked by the deployment of Ericsson's 5G Core solutions to support Airtel's transition to 5G Standalone. This rollout will play a pivotal role in Airtel's longterm 5G strategy, boosting network capacity and enabling the delivery of innovative, differentiated services to customers."

Andres Vicente, Head of Market Area Southeast Asia, Oceania and India, Ericsson, says: "As a global 5G leader, Ericsson is committed to providing Bharti Airtel its latest technology solutions. This deployment is a significant step towards making Bharti Airtel’s network 5G Standalone ready and future proof. Ericsson’s dual-mode 5G core enables monetization through network slicing-based services and network API exposure, unleashing new, innovative use cases for consumers and enterprises."

As part of this agreement, Ericsson will deploy its Signaling Controller solution within Bharti Airtel's network. Furthermore, Ericsson's 5G Standalone-enabled Charging and Policy solution will be introduced. These new capabilities represent a strategic enhancement to Bharti Airtel's 5G monetization efforts, enabling the development of new business models.

Ericsson is a longstanding Bharti Airtel connectivity partner with a close relationship spanning more than 25 years and covering every generation of mobile communications, including the award of Bharti Airtel’s first 5G contract in India.

Shares of Bharti Airtel Limited was last trading in BSE at Rs. 1641.60 as compared to the previous close of Rs. 1600.80. The total number of shares traded during the day was 194392 in over 11082 trades.

The stock hit an intraday high of Rs. 1649.00 and intraday low of 1600.00. The net turnover during the day was Rs. 317821484.00.

Source : Equity Bulls

Keywords

BhartiAirtel INE397D01024 TelecomServices Ericsson Collaboration