Ericsson and e& explore cloud and digital payment solutions

Ericsson and e& explore cloud and digital payment solutions

UAE operator etisalat by e& has been busy of late. Two more partnerships with Ericsson have been announced to add to this week’s 5G downlink speed record achieved alongside the tech giant.

Ericsson and etisalat by e& have signed a memorandum of understanding (MoU) to explore the ways in which Ericsson’s cloud RAN solution can support the development of the service provider’s 5G mobile broadband network. The signing ceremony took place during GITEX in Dubai.

Ericsson and etisalat by e& will test Ericsson’s cloud RAN solution in the network and identify areas where its introduction would best complement the existing purpose-built RAN infrastructure. They will also examine the potential of the solution to address a variety of 5G deployments and use cases with increased flexibility, faster service delivery and greater scalability.

As an initial step, the two partners will conduct a proof of concept (PoC) for the new technology in a lab environment in the UAE.

The other deal involves the e& digital payments service, e& money, which offers swift payment solutions delivered through an intuitive mobile application. In this case e& money has joined forces with Ericsson for a strategic multi-year partnership to strengthen and expand its fintech platform. The Ericsson Wallet Platform will bolster e& money’s infrastructure, making it more secure and reliable to manage transaction processes effectively.

Ericsson says the Ericsson Wallet Platform is founded on cutting-edge security technologies and the principles of an open architecture framework and will provide secure and personalised financial services to a wide range of users through a variety of digital channels.

Ericsson adds that the modernisation and expansion of the platform marks a pivotal moment in e& money's evolution as it aims to become a financial super app in the region's flourishing fintech sector.


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