The Swedish mobile networking giant signed 78 commercial 5G treaties with innovative operators, with the Middle East and Africa region accounting for about 29%.
With seven 5G deals signed with leading operators in the Middle East and Africa (MEA) last year, Swedish mobile network infrastructure giant Ericsson has emerged as one of the main network infrastructure provider in the region.
The seven operators who have entered into a collaboration with Ericsson are Etisalat, STC, Ooredoo, Zain Bahrain, Batelco, Mobily and MTN South Africa.
Speaking on this latest collaboration with the seven leading operators in the MEA region, Chafic Traboulsi, head of networks, Ericsson Middle East and Africa, said that so far the organisation has forged 78 commercial 5G treaties with innovative operators, of which 24 are live networks with the Middle East and Africa region accounting for about 29 percent.
He added that Ericsson has by now firmly established its pole position as far as 5G is concerned by executing the 5G networks and by enhancing its users’ network access in 4G as well as 5G during the last year.
Traboulsi indicated that the 5G connectivity is a potential cash cow for the network service providers, especially in the Middle East where there is a huge avenue to increase the sales.
He went on to say that 5G offers the service providers with a great chance for expansion and bag a larger portion of the revenue.
For Ericsson, the Middle East and Africa region is a significant market as it facilitates the operators to unveil their first 5G network and then, graduate to standalone 5G in due course of time.
Traboulsi concluded by saying that the huge advantages of great speeds, low latency and immense dependability offered by 5G are unparalleled.
He also stated that by the next decade, operators can look forward to generating revenues ranging from $15.18 billion to $45.91 billion, assuming that they evolve their business model to become creators as well as service enablers.