Ericsson ADR Class B (NASDAQ:ERIC) Appointed by Pine Cellular for Upgrade 5G-Ready Products and Solutions

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Telefonaktiebolaget LM Ericsson ADR Class B (NASDAQ:ERIC) keeps its position active in context of investors’ investment valuation, price per shares dropped 3.7% to $5.72 with volume of 12.45 million. Pine Cellular, a regional telecommunications provider in southeastern Oklahoma, has chosen Ericsson to upgrade its existing 3G/4G equipment to 5G-ready products and solutions.

Pine Cellular will be able to offer updated mobility and internet services as a consequence of this modernisation, resulting in a better user experience for its consumers.

General Manager of Pine Cellular, Jerry Whisenhunt stated that their local devotion and drive to enhance the areas they serve have been critical to their success. They wanted a partner that could supply cutting-edge technology to help them develop their business, and they believed Ericsson had the finest technologies and solutions to make this upgrade a success.

Pine Cellular, headquartered in Broken Bow, Oklahoma, is part of the Pine family of companies, which began delivering telephone service in 1911 and has since expanded to include Cellular, IPTV, and Fiber to the Home. Ericsson will update the existing core, radio access network (RAN), microwave, and router technology across more than 140 Pine Cellular facilities under the terms of the deal.

Ericsson will deliver its industry-leading Cloud Packet Core, as well as products and solutions such as the Ericsson Radio System, MINI-LINK, and Router 6000. Pine will be able to grow its connection footprint, serve more customers, and continue to provide high-speed internet to rural America with this broad array of products and solutions.

VP of Sales with Customer Unit Regional Carriers, Ericsson North America, Charles Hamby stated that Pine saw the need for dependable 5G-ready networks to link companies and consumers. They are pleased to have chosen Ericsson for this vital project, which will help bridge the digital divide and provide fast, dependable internet connectivity to everybody.

Ericsson is committed to supporting the market with cutting-edge technology and services as a trusted partner to all major service providers and numerous regional carriers across the country.

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