Ericsson signs multi-year framework agreement with SoftBank Group

Ericsson (ERIC) has signed a multi-year framework agreement with SoftBank. (SFTBY) in Japan to deploy next-generation core network solutions to expand and modernize SoftBank’s core network infrastructure and accelerate 5G Standalone adoption.The agreement will tap Ericsson’s core networks’ portfolio, including the Ericsson dual-mode 5G Core solution running on Ericsson’s cloud native infrastructure solution. The deployment will include subscriber data management through Ericsson’s user data consolidation solution, policy control, and cloud-based IP Multimedia Subsystem (IMS) solutions. These solutions will enable SoftBank to accelerate its transition to 5G SA while managing existing 4G and 5G services in an integrated manner.