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Press Release -- March 5th, 2018
Source: Ericsson
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STC signs two MoUs: Strategic 5G Collaboration, and Consumer and Enterprise Digital Services

As part of Ericsson’s longstanding partnership with Saudi Telecom Company (STC), both companies will work on creating a strategic roadmap for the evolution of the network to the next-generation 5G technology. This was part of a Memorandum of Understanding (MoU) signed in Barcelona at the Mobile World Congress 2018.

STC and Ericsson sign Memorandum of Understanding at Mobile World Congress 2018

The MoU includes collaboration on extensive 5G commercial trials in Saudi Arabia, to reach a new level of high-speed and ultra low latency. The trials will also cover end-to-end 5G potential including Radio Access Network (RAN), core and transport, as well as various 5G use cases that will leverage 5G technology capabilities for consumers and businesses.

Ericsson also signed a second MoU with STC in Barcelona. The MoU focuses on identifying key digital services use cases, targeting faster time-to-market for new service offerings, network monetization, and building IT capabilities based on existing systems.

This collaboration will also support STC’s digital services evolution strategy addressing key areas such as Operations Support System (OSS) solutions.

This combined effort aims to create significant value towards Saudi Arabia’s Vision 2030, targeting both consumer and business sectors to enjoy the next-generation technologies.

NOTES:

Left photograph: Yazeed Alfaris, General Manager, IT Operations (STC) and Mathias Johansson, Head of Ericsson Saudi Arabia and Egypt

Right photograph: Abdullah Alzmami, Vice President Networks, (STC) and Mathias Johansson; Head of Ericsson Saudi Arabia and Egypt

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