Nokia Secures Multi-Year 5G Agreement with Telenor Group
Nokia has recently announced that it has secured a multi-year 5G agreement with Telenor Group, a major telecommunications company based in Norway. This landmark deal highlights Nokia`s continued efforts to strengthen its position in the rapidly growing 5G market and underscores the importance of partnerships within the industry.
Under the agreement, Nokia will provide end-to-end 5G solutions to Telenor Group in Europe and Asia. This includes the deployment of Nokia`s AirScale radio access solutions and Cloud RAN technologies, as well as its 5G core solutions. Moreover, Nokia will also provide digital deployment services, network optimization, and technical support for Telenor Group`s 5G network.
The partnership with Telenor Group is a significant step for Nokia`s 5G ambitions, as the Norwegian company is a key player in the telecommunications industry, with over 180 million users across nine markets in Europe and Asia. The agreement also underscores Nokia`s commitment to sustainability, as it will enable Telenor Group to reduce its carbon footprint by up to 40% through the use of Nokia`s energy-efficient 5G solutions.
Nokia`s impressive 5G portfolio has made it one of the world`s leading providers of 5G technology, with its products and services being used in over 150 5G networks globally. The company`s ability to offer end-to-end 5G solutions, including core and radio access network technology, cloud infrastructure, and security solutions, has helped cement its position in the market.
The partnership with Telenor Group is also a testament to Nokia`s ongoing commitment to investing in research and development. The company has invested heavily in 5G innovation, especially in the areas of radio access technology such as massive MIMO and Cloud RAN, which enable operators to deliver superior performance and capacity while reducing costs.
In conclusion, Nokia`s multi-year 5G agreement with Telenor Group is a significant milestone for both companies, as it highlights the importance of partnerships in expanding 5G networks globally. With Nokia`s extensive 5G portfolio and Telenor Group`s vast network, both companies stand to benefit from a closer working relationship. As the world continues to embrace 5G technology, Nokia remains committed to delivering innovative solutions that meet the needs of operators and consumers alike.