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Ericsson to power Saudi Arabia’s digitization & IoT drive

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Ericsson to power Saudi Arabia’s digitization & IoT drive

Ericsson ERIC recently inked a definitive agreement with Saudi Arabia’s telecommunications service provider Mobily to accelerate the digitalization and IoT drive across the country, Nasdaq reports.

The deal will raise the development of 5G technology in Saudi Arabia and facilitate the carrier to significantly scale traditional wireless networks to provide 5G services to varied customers.

Mobily will leverage the comprehensive portfolio of Ericsson and deploy solutions spanning 5G radio access technologies to digitize both government and private sector businesses. Ericsson 5G radio access technologies provide the requisite infrastructure to support the burgeoning demand of high-bandwidth connections for real-time communication requirements of mission-critical applications.

Meanwhile, the impending deployment of 5G networks is expected to boost the adoption of IoT devices, with technologies like network slicing gaining more prominence. Currently, Ericsson is investing in its competitive 5G-ready portfolio to enable customers to migrate to 5G seamlessly. AI and automation remain key enablers for its business development, while recurrent contracts ensure a steady revenue stream.