Ericsson and LG Uplus cooperate on 5G and IoT
September 24, 2015
Swedish company Ericsson and LG Uplus, headquartered in Seoul, South Korea, have signed a memorandum of understanding (MoU) to collaborate on the development of 5G and IoT technologies.
Under the agreement, which will initially run until 2020, the two companies aim to take the lead in the development of 5G and IoT platforms. The MoU covers four key areas: IoT infrastructure, including narrow-band LTE; software-defined networking (SDN) and network functions virtualisation (NFV), making the core network 5G ready; global content delivery networks (CDNs); and IoT technologies.
"By enabling essentially unlimited access to information anywhere and anytime, 5G can deliver enormous benefits to people, business and society,” said Ulf Ewaldsson, chief technology officer at Ericsson. “Realising this transformative vision requires a strong industry ecosystem, and we are delighted to partner with LG Uplus to lead the development of both 5G and IoT platforms."
Ericsson and LG Uplus will establish technology and frequency strategies and work together to prepare a roadmap for long-term network development. The two companies plan to cooperate in a broad range of areas including research, testing and result sharing, as well as the development of technology and equipment.
"We will prepare for the 5G era based on a combination of our network management know-how and Ericsson's strong technological power,” said Kim Suntae, chief technology officer of LG Uplus. “The two companies will lead network evolution by introducing advanced network technologies to domestic and overseas markets through close collaboration."
LG Uplus – previously LG Telecom – is a telecoms operator owned by LG Group, one of South Korea's largest conglomerates. In July 2011, LG Uplus became the first operator in South Korea to launch commercial LTE services. It launched the world's first VoLTE service in August 2012 and commercial LTE-A commercial services in July 2013.