Telecom network vendor Ericsson announced its deal with Korean mobile service provider LG Uplus to develop 5G and Internet of Things (IoT) technologies.
The duration of the agreement will be till 2020. Ericsson and LG Uplus will be introducing 5G network technologies to domestic and overseas markets through the collaboration.
The agreement covers four areas: IoT infrastructure, including narrow-band LTE; software-defined networking (SDN) and Network Functions Virtualization (NFV), making the core network 5G ready; global content delivery networks (CDNs); and IoT-Advanced technologies.
Ericsson and LG Uplus, headquartered in Seoul, will establish technology and frequency strategies and prepare a roadmap for network development. Research, testing and result sharing, as well as the development of technology and equipment will be some of the focus areas.
“By enabling unlimited access to information anywhere and anytime, 5G can deliver enormous benefits to people, business and society. Realizing this transformative vision requires a strong industry ecosystem, and we are delighted to partner with LG Uplus to lead the development of both 5G and IoT platforms,” said Ulf Ewaldsson, chief technology officer of Ericsson.
“We will prepare for the 5G era based on a combination of our network management know-how and Ericsson’s technological power. The two companies will lead network evolution by introducing advanced network technologies to domestic and overseas markets through close collaboration,” said Kim Suntae, chief technology officer of LG Uplus.
