On Tuesday, T-Mobile (NASDAQ: TMUS) announced five-year, multi-billion-dollar agreements with both Ericsson (NASDAQ: ERIC) and Nokia (NYSE: NOK) to continue advancing and expanding its 5G network. Part of the network investment following last year’s merger with Sprint, T-Mobile says these deals enable the telecom to add more 5G coverage, capacity, speed and advanced technical capabilities across all of its spectrum bands.
“T-Mobile already has the largest 5G network in the country,” said Neville Ray, T-Mobile President of Technology. “These agreements with our longstanding 5G partners Nokia and Ericsson will help us take our 5G leadership even further, delivering ever-better experiences for our customers for years to come.”
Building on two decades of partnership, the three companies will work to develop future game-changing experiences, and advanced network capabilities like 5G carrier aggregation. T-Mobile claims it launched the world’s first nationwide standalone 5G network last summer. T-Mobile also says it’s the only U.S. provider to combine the power of Extended Range and Ultra Capacity 5G, boosting speed and performance. T-Mobile also plans to add advanced technical capabilities like voice over 5G (VoNR), network slicing, and multi-user massive MIMO to its 5G network.
T-Mobile claims its Extended Range 5G now covers 280 million people across nearly 1.6 million square miles — more than 2.5x the geographic coverage of AT&T and nearly 4x more than Verizon, according to the carrier. Ultra Capacity 5G can deliver average speeds of 300 Mbps with peaks approaching 1 Gbps and is now available in more than 1,000 cities and towns, covering more than 106 million people. 5G access is included at no extra charge in all T-Mobile smartphone plans.
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