Ericsson's largest transaction in history! $14 billion agreement reached with AT&T to deploy 5G open RAN in the United States. Ericsson released a press release on December 4th local time, stating that it is currently working with American telecommunications operator AT&T; T cooperation has reached a 5-year network transformation and digital strategy agreement worth approximately $14 billion. This is the largest transaction in Ericsson's history. Ericsson will utilize its recently expanded 5G smart factory in Lewis ville, Texas, USA to provide AT& Deploy 5G Open Wireless Access Network (RAN) within the United States. After the announcement, Ericsson's competitor Nokia fell 9.3% in post market trading on the US stock market.