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    9984   JP3436100006

SOFTBANK GROUP CORP.

(9984)
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Ericsson sets up Japan's first multi-operator RAN with KDDI and SoftBank

06/23/2021 | 09:05am EDT

Ericsson delivers Multi-Operator Radio Access Network (MORAN) capable 5G radios to KDDI and SoftBank.

Ericsson Radio System helps realize network sharing between communications service providers for the first time in Japan

KDDI and SoftBank can accelerate their nationwide 5G network deployment while lowering total cost of ownership and time to market

Ericsson (NASDAQ: ERIC) has been selected by KDDI CORPORATION ('KDDI') and SoftBank Corp. ('SoftBank') as one of the vendors to help deploy Japan's first Multi-Operator Radio Access Network (MORAN). Ericsson's network sharing solution brings new, flexible and efficient ways to deploy networks to both communications service providers while keeping both companies' own operations and management capabilities.

Ericsson equipment supports network sharing on both TDD (Time Division Duplex) and FDD (Frequency Division Duplex) as well as 4G/LTE and 5G New Radio (NR). The solution consists of Ericsson Radio System products such as RAN Compute (base band) , radio and transport - with the powerful system on a chip, Ericsson Silicon, bringing innovative various solutions such as Ericsson Spectrum Sharing and Ericsson Uplink Booster.

Ericsson's network sharing solution can also be applied to industrial or campus sites, where the radio access network may be shared between the onsite network and the public network, opening up more possibilities to support industry digitalization.

Ericsson network equipment will be shared by the two service providers, bringing cost-optimized solutions as well as faster and denser 5G network deployment. KDDI and SoftBank will particularly focus on quickly building robust 5G network leveraging Ericsson Radio System products and solutions for multiple-bands. Ericsson's future-proof network-sharing solution will significantly contribute to their nationwide network deployment of 5G and beyond. Ericsson and the service providers have completed verifications and started to deploy the solution commercially.

Tatsuo Sato, Vice President & Managing Officer, Technology Planning, KDDI says: 'We are pleased to work closely with SoftBank and Ericsson to accelerate 5G network deployment. With the MORAN solution, we will be among the first to offer excellent 5G experiences to our customers.'

Tomohiro Sekiwa, Senior Vice President and CNO, SoftBank, says: 'To provide 5G coverage to our customers across Japan with extraordinary speed, we are proactively working with KDDI and Ericsson. The MORAN solution is key to this success and we have high expectations for this effort.'

Chris Houghton, Senior Vice President, Head of Market Area North East Asia, Ericsson, says: 'We are thrilled to contribute to the efforts of our two important customers, KDDI and SoftBank, to build Multi-Operator RAN for the first time in Japan. We look forward to further supporting this imperative mission to build the country's significant network infrastructure.'

(C) 2021 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
ERICSSON 2.15% 100.86 Delayed Quote.3.30%
KDDI CORPORATION 2.27% 3828 End-of-day quote.24.85%
SOFTBANK CORP. 3.49% 1584.5 End-of-day quote.22.54%
SOFTBANK GROUP CORP. 2.76% 6627 End-of-day quote.-17.76%
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Financials
Sales 2022 6 040 B 54 537 M 54 537 M
Net income 2022 1 310 B 11 826 M 11 826 M
Net Debt 2022 14 983 B 135 B 135 B
P/E ratio 2022 9,10x
Yield 2022 0,66%
Capitalization 11 353 B 103 B 103 B
EV / Sales 2022 4,36x
EV / Sales 2023 4,13x
Nbr of Employees 58 786
Free-Float 69,3%
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Number of Analysts 15
Last Close Price 6 627,00 JPY
Average target price 10 325,87 JPY
Spread / Average Target 55,8%
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Masayoshi Son Chairman & Executive President
Yoshimitsu Goto CFO, Director & Senior Managing Executive Officer
Raul Marcelo Claure Chief Operating Officer & Executive Vice President
Tim Mackey Chief Legal Officer & Group Compliance Officer
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