Ericsson, STC Sign Two MoUs for Strategic 5G Collaboration

As part of Ericsson’s longstanding partnership with Saudi Telecom Company (STC), both companies will work on creating a strategic roadmap for evolution of the network to the next-gen 5G technology. This was part of a Memorandum of Understanding (MoU) that was signed in Barcelona at the Mobile World Congress 2018.
The MoU included collaborations on extensive 5G commercial trials in Saudi Arabia reaching a whole new level of high speed and ultra low latency. The trials will also cover end-to-end 5G potential including Radio Access Network (RAN), core and transport as well as various 5G use cases that will leverage 5G technology capabilities for consumers and businesses.
Ericsson has also signed a second MoU with STC in Barcelona. The MoU will focus on identifying key digital services use cases, targeting faster time-to-market for new service offerings, network monetization and building IT capabilities based on existing systems.
This collaboration will also support STC’s digital services evolution strategy addressing key areas such as Operations Support System (OSS) solutions.
This combined effort aims to create significant value towards Saudi Arabia’s vision 2030, targeting both consumer and business sectors to enjoy the next generation technologies.
Background Information
Ericsson
Ericsson is one of the leading providers of Information and Communication Technology (ICT) to service providers, with about 40% of the world’s mobile traffic carried through our networks. We enable the full value of connectivity by creating game-changing technology and services that are easy to use, adopt and scale, making our customers successful in a fully connected world. For more than 140 years, our ideas, technology and people have changed the world: real turning points that have transformed lives, industries and society as a whole.
Saudi Telecom Company (stc)
We are a world-class digital leader providing innovative services and platforms to our customers and enabling the digital transformation of the MENA region