Ericsson ERICrecently inked a deal with Movistar Argentina to transform the latter’s Radio Access Network (RAN). Along with expanded network coverage, Movistar Argentina customers will also be offered improved mobile broadband services through this agreement.
The Movistar Argentina’s RAN transformation commences this year, but its network upgradation will be accomplished in 2021.
In addition to developments in mobile broadband quality and coverage, the agreement also supports Movistar Argentina's first steps toward Internet of Things (IoT) and 5 Generation (5G) through Ericsson Radio System's 5G-development capabilities. Also, certain energy-effective networks will be applied in Movistar Argentina’s RAN to lower its carbon and consumption emissions.
Going forward, this RAN transformation will aid in improving and expanding Movistar Argentina’s mobile network in Argentina.
Over the past three months, Ericsson’s shares have rallied 5.7%, as against the 0.7% decline recorded by the industry.