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Ericsson-LG, SKT Team on 5G, NFV R&D

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STOCKHOLM -- Ericsson-LG (CEO Martin Wiktorin, www.ericssonlg.co.kr) and SK Telecom (CEO Sung-min Ha, www.sktelecom.com) signed an MOU for R&D collaboration to verify Cloud Orchestration technology. In preparation for the 5G era, communications service providers are actively engaging in developing technologies such as NFV, Cloud and SDN to better utilize network resources and achieve maximum efficiency in network operation. Ericsson’s Cloud Orchestration, one of several major technologies for 5G, is an NFV-based cloud solution that enables a central detection, control, operation and optimization of separately running applications and hardware infrastructure. So communications service providers enable efficient use of network resources, maximization of their network performance and operation of a wide array of additional services. Furthermore Ericsson’s cloud technology is well known for excellent stability, reliability and high quality. It helps service providers to secure flexibility and agility in network operation, reduce investment and operational costs, and save time in developing new services and introducing them in the market.

Park Jin-hyo, Head of Network Technology R&D Centre at SK Telecom, said, “Orchestration of integrated network services is a key for the next-generation 5G network. It is an essential technology to maximize efficiency and automation of increasingly advanced and complex network, and revitalize a 5G network service ecosystem based on a user-centric, open network.” And he added “SK Telecom would take the lead in making a successful evolution toward 5G network and creating a user-centred 5G service ecosystem, in joint R&D efforts with Ericsson-LG.”

Ericsson AB (Nasdaq: ERIC)

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