Ericsson, Ooredoo Group developing 5G

Ericsson (NASDAQ: ERIC) and Ooredoo Group said they have signed a memorandum of understanding (MoU) for 5G development with the ambition of developing use cases, requirements and deployment scenarios for 5G technologies.

The MoU was signed by Ahmed Yousef Al-Derbesti, COO of Ooredoo Group and Jan Wareby, Senior Vice President Head of Sales of Ericsson, in the company of top senior executives from both companies at Ericsson´s headquarters in Sweden.

In line with the collaboration, Ooredoo and Ericsson will evaluate both the performance and applicability of potential key 5G components in a controlled test environment.

Ooredoo is a leading international communications company delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and Southeast Asia.
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Ericsson is the driving force behind the Networked Society — a world leader in communications technology and services. Its long-term relationships with every major telecom operator in the world allow people, business and society to fulfill their potential and create a more sustainable future.