Nokia Has Signed More Than 60 Commercial 5G Contracts
January 09 2020 - 3:53AM
Dow Jones News
By Dominic Chopping
Nokia Corp. (NOK) said Thursday it has signed 63 commercial
fifth-generation contracts worldwide, including customers such as
AT&T Inc. (T), KDDI Corp. (9433.TO), Korea Telecom, LG Uplus,
NTT Docomo Inc. (9437.TO), O2, SK Telecom Co. Ltd (SKM), SoftBank
Corp. (9434.TO), Sprint Corp. (S), STC, T-Mobile US Inc. (TMUS),
Verizon Communicaitons Inc. (VZ), Vodafone Italy and Zain Saudi
from key 5G early adopter markets.
"This milestone highlights the quality and customer confidence
in our 5G portfolio and we expect this to continue this year with
the addition of many more new deals," said Tommi Uitto, President
of Mobile Networks at Nokia.
The 63 signed commercial contracts exclude any other type of 5G
agreements, such as paid network trials, pilots or demonstrations.
If such agreements were to be included, the total number of 5G
agreements would reach over 100, Nokia said.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
January 09, 2020 03:38 ET (08:38 GMT)
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