<div style="page-break-before:always; page-break-after:always">Under this $8.3 billion USD agreement, Verizon will deploy Ericsson&rsquo;s 5G MIMO C-band, low-band and millimeter wave (mmWave) solutions to enhance and expand Verizon&rsquo;s 5G Ultra Wideband coverage, network performance and user experience. Ericsson&rsquo;s technology solutions, including Massive MIMO, Ericsson Spectrum Sharing and Ericsson Cloud RAN, complement the high-performing Ericsson Radio System portfolio to support 5G services.&ldquo;In 2020, Verizon was the first communications service provider to receive a commercial 5G mmWave Street Macro base station from Ericsson&rsquo;s award-winning new state-of-the-art U.S. smart factory in Lewisville, Texas. Ericsson is committed to building and accelerating the nationwide build-out of 5G across the country,&rdquo; according to the press release.This is a significant strategic partnership for both companies and what we&rsquo;re most excited about is bringing the benefits of 5G to U.S. consumers, enterprises and the public sector. We&rsquo;re looking forward to working with Verizon to leverage solutions like Cloud RAN and our Street Macro, adding depth and versatility to 5G network rollouts across the U.S. &mdash; Niklas Heuveldop President and Head, Ericsson, North America

Ericsson and Verizon inked landmark multi-year $8.3 Billion 5G deal

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.