Ericsson has launched a 5G platform, which it believes will enable first movers to make a smooth transition to next-generation networks. The new platform comprises the 5G core, radio and transport portfolios, together with digital support systems, transformation services and security.
"With this launch, we introduce our 5G platform to support the beginning of a huge change in network capabilities, allowing our customers to offer more advanced use cases and new business models to their customers. It is an important milestone enabling operators to continue their evolution journey to 5G," said Arun Bansal, head of business unit network products at Ericsson.
In 2026, there will be a $ 582 billion market opportunity created out of leveraging 5G globally, according to Ericsson.
Deutsche Telekom, Ericsson and SK Telecom have jointly built and demonstrated what might be the world's first intercontinental 5G trial network where network slices were made available in the other operator's footprint.
Dimitris Mavrakis, research director, ABI Research, said: "Ericsson's new product launch is a firm demonstration of its technical expertise in 5G and NFV, adding significant value on top of its existing core functionality. It indicates technology maturity for NFV and 5G core and federated network slicing is a radical forward-looking concept, opening up for new business models opportunities."