Greek telco Cosmote is reportedly close to announcing a 4G and 5G upgrade contract with Ericsson worth around EUR170 million (USD190 million). Kathimerini cites unnamed sources as saying the contract will be signed later this month and will cover the upgrade of existing base stations as well as the deployment of new ones.
This will be the first time Cosmote has handed a complete network upgrade contract to a single supplier; over half of its RAN equipment was previously provided by Nokia. There had also been speculation that Cosmote would split the latest RAN deal between Ericsson and Huawei. The decision to award the rollout to a single vendor has come from Cosmote’s 45% shareholder Deutsche Telekom (DT), according to sources.