DOHA, Qatar, Nov. 25, 2015 /PRNewswire/ -- Ericsson
(NASDAQ:ERIC) and Ooredoo Group have signed a Memorandum of
Understanding (MoU) for 5G development with the ambition of
developing use cases, requirements and deployment scenarios for 5G
technologies.
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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.
H.E. Sheikh Saud Bin Nasser Al
Thani, Group CEO, Ooredoo, says: "Ooredoo is striving to
support our customers' activities in an increasingly digital,
connected world and we are determined to be at the cutting-edge of
network technologies. We're pleased to partner on developing next
generation technologies with Ericsson, a trusted partner and a
major supplier for Radio Access, Core, Transmission, OSS and BSS.
We look forward to working towards developing 5G technologies
together."
Jan Wareby, Senior Vice
President Head of Sales of Ericsson, says: "At Ericsson, we are
looking forward to our joint exploration of the possibilities and
opportunities that 5G technologies will enable. We believe that
next generation networks will have a profound impact in the future
by enabling anything and everything to connect, bringing value
across a number of verticals in the Networked Society. Our
continued collaboration with the Ooredoo Group is an indication of
our staunch commitment to continue working with them across the
technology spectrum."
5G is the next chapter of telecom networks designed to meet ever
advancing and increasingly complex sets of performance
requirements. It represents a new way of thinking in the approach
to generational changes in mobile technology. 5G will
encompass an evolution of today's LTE technology and the addition
of new radio access technologies, often in higher
frequencies. 5G will impact the entire mobile network and
associated eco-system, from devices to radio access, IP core and
into the cloud.
About Ooredoo
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. As a community-focused
company, Ooredoo is guided by its vision of enriching people's
lives and its belief that it can stimulate human growth by
leveraging communications to help people achieve their full
potential. Ooredoo has a presence in markets such as Qatar, Kuwait, Oman,
Algeria, Tunisia, Iraq, Palestine, the Maldives, Myanmar and Indonesia. The company was named "Most
Innovative Company of the Year – MEA Region" at the 2015
International Business Awards.
The company reported revenues of US$ 9.1
billion in 2014 and had a consolidated global customer base
of 114.9 million customers as of 30
September 2015. Ooredoo's shares are listed on the Qatar
Stock Exchange and the Abu Dhabi Securities Exchange.
Twitter:@Ooredoo
Facebook: facebook.com/ooredoogroup
LinkedIn:http://www.linkedin.com/company/ooredoo
YouTube: www.youtube.com/ooredoogroup
About Ericsson
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at www.ericsson.com/press
Ericsson is the driving force behind the Networked Society –
a world leader in communications technology and services. Our
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.
Our services, software and infrastructure – especially in
mobility, broadband and the cloud – are enabling the telecom
industry and other sectors to do better business, increase
efficiency, improve the user experience and capture new
opportunities.
With approximately 115,000 professionals and customers in 180
countries, we combine global scale with technology and services
leadership. We support networks that connect more than 2.5 billion
subscribers. Forty percent of the world's mobile traffic is carried
over Ericsson networks. And our investments in research and
development ensure that our solutions – and our customers – stay in
front.
Founded in 1876, Ericsson has its headquarters in
Stockholm, Sweden. Net sales in
2014 were SEK 228.0 billion
(USD 33.1 billion). Ericsson is
listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.
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SOURCE Ooredoo