# Ericsson and Verizon sign $8.3B 5G supply deal

Ericsson announced a multi-year agreement with Verizon to supply 5G solutions including Massive MIMO, Cloud RAN and software for Verizon's 5G network in the U.S. The deal is valued at $8.3 billion.

- Type: Contract
- Announced: 2021-07-16
- Where: United States
- Value: $8.30B
- Status: announced
- Products: 5G solutions, Massive MIMO, Cloud RAN, 5G radio systems
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Ericsson](https://endata.com/companies/20378.md) (supplier)
- [Verizon](https://endata.com/companies/23798.md) (customer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/ericsson-and-verizon-ink-landmark-multi-year-8-3-billion-5g-deal-301335391.html), 2021-07-16: "This is a significant strategic partnership for both companies and what we're most excited about is bringing the benefits of 5G to U.S. consumers, enterprises and the public sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.