Home Technology Ericsson wins Greenland 5G deal

Ericsson wins Greenland 5G deal

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OSLO, Oct 1(ABC): Swedish telecom equipment maker Ericsson (ERICb.ST) has been contracted to build a 5G network in Greenland, initially covering three towns, local phone company Tusass said.

Deploying Ericsson equipment and Netgear (NTGR.O) routers, Tusass will bring high-speed wireless internet to the sparsely populated island without resorting to expensive and hard-to-deploy cables, the company said.

A further 10 towns, including Greenland’s capital Nuuk, are set to follow next.

Tusass said it plans to invest around 1 billion Danish crowns ($131.3 million) to secure and expand Greenland’s infrastructure and improve communication.

Greenland, an island of just 56,000 people, is part of the Kingdom of Denmark but has broad autonomy.

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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