PLANO, Texas, July 28, 2020 /PRNewswire/ -- Verizon (NYSE,Nasdaq: VZ) is the first recipient of a U.S. manufactured commercial 5G base station from Ericsson's (NASDAQ: ERIC) new state-of-the-art smart factory in Texas. The equipment is the first 5G base station produced by Ericsson in the U.S. and marks another significant milestone as Ericsson continues to strengthen its U.S. capabilities in 5G research, design, manufacturing and service delivery.
"Ericsson's smart factory is a cornerstone of our collaboration as we work together to bring 5G to our consumer, enterprise and public safety customers," said Kyle Malady, Chief Technology Officer of Verizon. "Together these types of innovation will accelerate our 5G deployments, as we expand our 5G leadership in technology and continue to rapidly build the ecosystem with our partners."
The 5G base station delivered to Verizon is the millimeter-wave Street Macro solution, which is key to Ericsson's 5G portfolio for its North American customers. All radio access components are housed in one lightweight enclosure, allowing for the rapid growth of 5G coverage in complex city environments.
Fredrik Jejdling, Executive Vice President and Head of Networks, Ericsson, says: "As the most advanced platform for innovation, 5G will enable a transformation across enterprises – as we're now experiencing in our own smart factories. Automation and remote operations have become more important, and we're working with our customers to make them available for the benefit of industries. From producing the first 5G base stations at our 5G USA Smart Factory earlier this year, we've made our first commercial delivery to Verizon. That's just the beginning."
The delivery, captured in this short video, was made in adherence with The Centers for Disease Control and Prevention guidelines for social distancing due to COVID-19, ensuring the exchange was contract-free.
The 300,000 sq. ft. factory, the first of its kind in the U.S., began commercial operations in March and will be fully operational by the end of the year. It produces 5G and Advanced Antenna System radios to boost network capacity, and the facility itself is outfitted with fast and secure 5G connectivity to enable agile operations and flexible production.
5G's low latency, speed and high bandwidth helps to create the factory of the future, enhancing capabilities like machine learning, augmented reality and virtual reality (AR/VR). Factories powered by 5G dramatically impact data collection, allowing for real-time monitoring of inventory, maintenance needs, higher flexibility and shorter lead times for factory floor production reconfiguration, layout changes and other alterations.
This domestic manufacturing factory is a critical component of Ericsson's global supply strategy, bringing manufacturing capabilities to the U.S. as the company works to meet the demand for 5G deployment by bringing the supply chain closer to customers.
ABOUT ERICSSON Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com
ABOUT VERIZON Verizon Communications Inc. (NYSE,Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th year as one of the world's leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $131.9 billion in 2019. The company offers voice, data and video services and solutions on its award winning networks and platforms, delivering on customers' demand for mobility, reliable network connectivity, security and control.