Nokia, T-Mobile US agree $3.5 billion deal, world's first big 5G award

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T-Mobile USA (TMUS.O) asked Nokia (NOKIA.HE) to deliver $ 3.5 billion to the new generation of 5G power supplies, the company said on Monday, considering the most important agreement for the 5G date. specific date and test of a new wireless network update cycle.

Nokia, T-Mobile US agree $3.5 billion deal, world's first big 5G award


Mobile operator 3, T-Mobile, which joined Sprint (SN) in April to create a bigger rival for US telecommunications giants Verizon (VZ.N) and AT & T (TN), said The agreement will provide long-term coverage with Nokia providing the first 5G services across the country.

The T-Mobile Award is fundamental to the Finnish Nokia, whose results have been hampered by the slowdown in demand in the current 4G network and the growing concern of investors that 5G contracts could increase profitability this year. per year

5G networks promise more speed for users of mobile devices, making the network more responsive and reliable for the potential development of industrial automation, medical control, driverless vehicles and other commercial purposes.

However, telecommunication companies with liquidity problems around the world are reluctant to make commercial upgrades to existing networks and many believe that 5G technology is a simple way to increase productivity rather than take advantage of new features.

The terms of the agreement provide that Nokia will provide a set of 5G hardware, software and services that allows T-Mobile to use licensed radio waves to provide a wide range of support for high-speed 600MHz trees. at 28 GHz in heavy traffic in urban areas.

Nokia will provide T-Mobile with its AirScale wireless platform, as well as hardware, software and acceleration services in the cloud.

Presentation (2 images)
The network equipment industry, led by three major players, the Chinese Huawei HWT.UL, Nokia and the Swedish Ericsson (ERICb.ST), faces increasing challenges with the current generation of the current generation of 4G mobile devices. the maximum point in 2015.