Malaysia selected Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) as an associate to develop its 5G network in a deal valued at $2.65 billion.
As per the pact’s terms, Ericsson will engage in developing an end-to-end network in Malaysia. Digital Nasional Berhad (DNB), the state-owned enterprise, would oversee the project.
According to DNB, the development work of the 5G network comprises business support systems, radio access/ transport networks, and managed systems. It also needs to support developing local vendors in establishing a 5G network and ecosystem in the nation.
According to a communiqué from DNB, Ericsson would also arrange funds for the supply/ delivery of the entire 5G network besides managing the services.
5G network will be live in Malaysia in 2023
5G network would be enabled at its administrative and national capitals of Putrajaya and Kuala Lumpur by the end of 2021. Ericsson would roll out 5G services across the entire nation by 2023.
Huawei, a telecom firm based in China, is at the forefront of bagging the 5G contract in Malaysia. Huawei already signed pacts with the second largest network in Malaysia regarding the subscribers – Maxis to roll out 5G services.
Partners with Google to roll out 5G services
Ericsson entered a deal with Google to introduce edge cloud and 5G solutions for enterprises and CSPs Communication Service Providers) to facilitate digital transformation.
Industries such as manufacturers, retailers, communication service providers, healthcare, transport businesses, and entertainment/ media providers having an edge presence worldwide are under pressure to develop digitalized businesses. In addition, customers need new digital experiences.
Ericsson and Google Cloud would develop innovative solutions at D-15 Labs, based in Ericsson’s Silicon Valley, to help the businesses address this shift.
They also completed 5G’s functional onboarding on Anthos to facilitate on-premise use cases and telco edge for enterprises and CSPs.
Ericsson and Google Cloud are working on a pilot enterprise project with TIM on a live network. Their main aim is to automate TIM’s core 5G network functions and cloud-based applications as well.
The production, transportation, automotive industries, and other areas can use enterprise applications to reduce latency and improve efficiency. In addition, they bring connectivity close to their locations for a better experience.