STOCKHOLM (dpa-AFX) - Telefonaktiebolaget LM Ericsson (publ) (ERIC), Monday announced a new partnership agreement to revolutionize GCI Communication Corp's core network infrastructure and accelerate its cloud-native transformation.
Under the new agreement, Ericson will provide the latest generation of cloud-core technology along with new AI tools and ways of working that address increasing network complexity inherent with evolving networks.
Additionally, GCI will augment the 5G network with a new dual-mode 5G Core in preparation for the future launch of 5G Standalone (SA) services.
In the pre-market hours, Ericsson's stock is trading at $7.41, up 1.58 percent on the Nasdaq.
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