Not ‘Right Time’ to Prioritize ORAN: Ericsson CEO
The $8.3 billion five-year “landmark” deal announced Friday to supply 5G solutions to Verizon is the largest contract in Ericsson’s history, said CEO Borje Ekholm on a Q2 call. “We see the North American market moving very fast with a…
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strong demand for 5G and it will be a key opportunity now as the operators are building out mid-band spectrum that will be lit up at the end of the year.” The big priority is building out coverage, followed by density, “because ultimately that is what's going to give the end consumer the user experience of 5G,” he said. Ericsson is “the largest contributor to the overall alliance” on open radio access network standards, but “we recognize there is a need to build out the 5G networks around the world right now,” he said. “Purpose-built networks actually can deliver the performance that's required in 5G today.” By the time ORAN is ready for broad commercialization, “we will also be there with solutions, but we don't feel it's the right time right now and divert focus from actually what goes on in the market,” he said.