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Omantel Selects Ericsson for 5G Network Expansion

  • Ericsson to support Omantel in ongoing 5G deployment in key locations across Oman
  • Ericsson to provide Advanced Antenna Systems and 5G New Radio as part of multi-year contract
  • Ericsson 5G radio access network (RAN) technology to serve key areas in Oman

KISTA, Sweden, July 15, 2020 /PRNewswire/ -- Omantel has selected Ericsson (NASDAQ: ERIC) to support the Sultanate's ongoing 5G radio access network (RAN) deployment plans in a multi-year partnership.

Hardware and software products and solutions from the Ericsson Radio System portfolio, including Advanced Antenna Systems and 3GPP standards-based 5G New Radio (NR), will be deployed in Omantel's network. Ericsson will support Omantel's commercial 5G deployment at key locations across Oman, including Salalah, Nizwa and Sur.

Ericsson technology will enable Omantel to expand coverage while simultaneously providing a network fit for the future. Ericsson's high-speed and low-latency 5G technology will allow Omantel to meet growing data traffic demands and deliver high-quality fixed wireless access, as well as enhanced mobile broadband experiences. Subscribers will be able to enjoy speeds of more than 1Gbps and low latency in user experiences such as streaming, downloading, gaming, infotainment and interactivity.

The technology will also enable significant benefits to industry and enterprise in Oman. Omantel will be able to explore and build new business models and use cases, including Internet of Things (IoT) applications.

Eng. Samy Ahmed Al Ghassany, Chief Operating Officer, Omantel, says: "We are constantly working to enhance the digital lives of people, enterprises and industries in Oman through the latest technology available. The deployment of 5G will enable Oman to be at the forefront of digitalization, helping us transform both industry and infrastructure and turn the next generation of possibilities into reality. We value our long-standing relationship with Ericsson and their engagement during the 5G trials over the last three years. We are looking forward to further cooperation in the 5G era."

Fadi Pharaon, President of Ericsson Middle East and Africa, says: "We are delighted to further strengthen our relationship with Omantel to bring the best possible commercial 5G experience to their customers. Ericsson is leading the way in terms of 5G deployments across the globe and we look forward to making 5G experiences a reality in the Sultanate. Through this ground-breaking technology, many 5G use cases will emerge for people as well as industries with examples such as Fixed Wireless Access (FWA) enabling individuals and enterprises in Oman to enjoy extremely low latency and ultra-high-speed broadband, supporting home and business applications and for industries such as wirelessly operated harbors and mines."

Omantel's 5G network development reflects its contribution to the Oman 2040 Vision initiative, as well as its commitment to empower the transformation of Oman's business and society.

Further information:
Ericsson 5G
Ericsson Radio System

ABOUT ERICSSON:

Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's innovation investments have delivered the benefits of mobility and mobile broadband to billions of people around the world. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

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MORE INFORMATION AT:

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media.relations@ericsson.com (+46-10-719-69-92)
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This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ericsson/r/omantel-selects-ericsson-for-5g-network-expansion,c3154074

The following files are available for download:

https://mb.cision.com/Main/15448/3154074/1279200.pdf

PDF Omantel selects Ericsson for 5G Network Expansion

https://news.cision.com/ericsson/i/looking-at-content-on-a-mobile-broadband-connected-tablet-,c2806304

Looking at content on a mobile broadband connected tablet.

© 2020 PR Newswire
Solarbranche vor dem Mega-Comeback?
Lange galten Solaraktien als Liebling der Börse, dann kam der herbe Absturz: Zinsschock, Überkapazitäten aus China und ein Preisverfall, der selbst Marktführer wie SMA Solar, Enphase Energy oder SolarEdge massiv unter Druck setzte. Viele Anleger haben der Branche längst den Rücken gekehrt.

Doch genau das könnte jetzt die Chance sein!
Die Kombination aus KI-Explosion und Energiewende bringt die Branche zurück ins Rampenlicht:
  • Rechenzentren verschlingen Megawatt – Solarstrom bietet den günstigsten Preis je Kilowattstunde
  • Moderne Module liefern Wirkungsgrade wie Atomkraftwerke
  • hina bremst Preisdumping & pusht massiv den Ausbau
Gleichzeitig locken viele Solar-Aktien mit historischen Tiefstständen und massiven Short-Quoten, ein perfekter Nährboden für Kursrebound und Squeeze-Rally.

In unserem exklusiven Gratis-Report zeigen wir dir, welche 4 Solar-Aktien besonders vom Comeback profitieren dürften und warum jetzt der perfekte Zeitpunkt für einen Einstieg sein könnte.

Laden Sie jetzt den Spezialreport kostenlos herunter, bevor die Erholung am Markt beginnt!

Dieses Angebot gilt nur für kurze Zeit – also nicht zögern, jetzt sichern!
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.