Around 40 service providers are actively trialling and deploying Cisco 5G Now solutions and over 100 active engagements with global customers are in the process. The company is actively working with service providers in helping its customers realize the benefits with its technology innovations in routing, 5G, subscriber experience (mobile, cable, fixed), automation, optical and optics.
On the other hand, Nokia has bagged more than twenty 5G contracts whereas Ericsson has announced commercial 5G deals with 10 named service providers till date.
Nokia has bagged more than twenty 5G contracts and almost 100 5G engagements with customers in every region of the world says Nokia CEO Rajeev Suri.
Ericsson has announced commercial 5G deals with 10 named service provider customers, as well as 42 MoUs says President and CEO Borje Ekholm during MWC 2019 addressing journalists and analysts.
The company is already rolling out 5G networks across the US, Europe, Asia and Australia and promised more announcements to come added Ekholm.
Jonathan Davidson, senior vice president and general manager, Service Provider Business, Cisco said, “As technologies continue to converge, only Cisco can offer the breadth of software and hardware expertise to solve IT pain points that come with delivering cloud-native mobile networks, managed services, automation, IoT, security and data analytics.”
Not only Cisco is ahead in terms of 5G orders, Cisco is also planning to commit $5 billion in 5G funding via Cisco financing over the next three years to help its customers succeed with their network transitions to 5G. Demonstrating innovations across its business, Cisco is ready to help telcos grow its revenue, launch new services and better manage the 12 billion networked connections expected by 2022.