Telcos are pursuing massive expansion on mobile networks – and hope Ericsson can help.
The telco giant is said to be in talks with network providers Ericsson in a deal that is reportedly worth around $473 million as Telstra seeks to build on its mobile capabilities.
Communications Day reported this morning that the Swedish owned giant has landed the deal, although a Telstra spokesperson said discussions were still ongoing.
The duo previously worked together on the building of Telstra’s successful Next G mobile network.
Under the contract, which could prove very lucrative to the provider who has seen as reversal of fortunes in recent years – Ericsson would supply network equipment such as radio controllers and backhaul equipment, for both mobile and backhaul transmission networks.
Although it has lost out on some valuable NBN contracts to the likes of Nokia Siemens Networks, they were recently signed to build a transmission network for VHA, according to It Wire.