Telefonaktiebolaget LM Ericsson B ADREricsson signed a four-year 5G modernization deal with Nex-Tech Wireless covering ~85% of its rural Kansas RAN footprint plus a cloud native 5G SA core.

Nex-Tech Wireless has signed a four-year modernization deal with Telefonaktiebolaget LM Ericsson covering about 85% of the carrier's rural Kansas RAN footprint and adding a cloud native 5G Standalone core. The agreement lands after a mixed stretch for Ericsson shares, which are down about 10% over 90 days but still show a 10.3% year-to-date gain and a 30.2% one-year total shareholder return. The most followed analyst narrative puts Ericsson's fair value at about SEK96.58, slightly below the SEK97.38 last close, implying the stock is roughly 1% overvalued. Ericsson trades on a P/E of 13x, against 19.9x for the wider European communications group and a fair ratio of 21.4x. Weakening North American revenue trends and softer margin expectations remain the key risks that could shift that narrative.
Telefonaktiebolaget LM Ericsson B ADREricsson signed a four-year 5G modernization deal with Nex-Tech Wireless covering ~85% of its rural Kansas RAN footprint plus a cloud native 5G SA core.
Nex-Tech Wireless is modernizing its rural Kansas network with Ericsson 5G RAN and a cloud native 5G Standalone core.