Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

BT and Ericsson join forces to build 5G private networks

Published 05/31/2022, 04:04 AM
Updated 05/31/2022, 04:36 AM
© Reuters. FILE PHOTO: Logo of British Telecom (BT) is displayed outside a store in London, ritain, November 15, 2019. REUTERS/Simon Dawson

LONDON (Reuters) - Telecoms company BT and Ericsson (BS:ERICAs) have struck a multi-million pound partnership to offer private 5G networks to businesses across Britain, enabling them to deploy Internet of Things and other technologies quickly and securely.

Private 5G networks mirror public 5G, but connectivity is limited to a group of devices in a dedicated space, such as a factory, a port or a campus, where 5G's security and ultra-low latency can be fully utilised in additional services.

Marc Overton, managing director for BT's Division X, Enterprise, said the British company was working with Sweden's Ericsson, a leader in 5G technology, both in deploying and operating the networks, and also in putting applications on top.

The partners have already worked together on several major projects incorporating private 5G networks, including Belfast Harbour in Northern Ireland.

They have installed a 5G private network across 35 acres of operational port, driving operational efficiencies and optimising processes across transport, logistics, supply chain and shipping, he said.

"We're now into phase two of the project and this includes various use cases such as teleoperation of heavy plant machinery, artificial reality (AR) for remote maintenance, as well as enhanced video AI analytics and the use of drones for surveillance and inspections," Overton said.

Under the new deal, the partners will focus on deploying 5G technology in sectors including healthcare, manufacturing, transport and logistics, sites such as large shopping centres or stadiums, and ports.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.