Viettel Vietnam extends Ericsson partnership through major 5G network award
Ericsson - American Depositary Shares each representing 1 underlying Class B share (ERIC)
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Source: PR Newswire
Ericsson awarded majority share of Viettel's nationwide 5G deploymentPartners sign a related MoU to advance 5G adoption and innovation in VietnamSTOCKHOLM, Sept. 30, 2024 /PRNewswire/ -- Vietnamese telecommunications, industrial and technology enterprise, Viettel, has strengthened its long-term partnership with Ericsson (NASDAQ: ERIC) through the award of the majority of its nationwide 5G Radio Access Network (RAN) deployment. Starting immediately, Ericsson 5G products and services will be deployed across the majority of provinces in Vietnam.Ericsson's 5G deployment will include the capital Hanoi and the north and central parts of Vietnam when complete. The extended partnership will also see Ericsson modernize its 4G network for Viettel across the same geographical areas.The contract underscores the robust, trusted and collaborative relationship between Ericsson and Viettel, aimed at creating a strong digital infrastructure in Vietnam and provide superior connectivity with 5G.The Eric
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