Nokia, Ericsson and Intel Working Together on Next-Generation Wireless Connectivity for Internet of Things Market Segment
September 21 2015 - 8:46PM
Nokia, Ericsson and Intel Corporation today announced their support
for Narrow-Band Long-Term Evolution (NB-LTE) technology as the
ideal wireless connectivity solution for the growing Internet of
Things (IoT) market segment.
NB-LTE is an optimized variant of the widely deployed 4G LTE
technology, and is well-suited for the IoT market segment because
of its low implementation cost, ease of use and power efficiency.
Nokia plans to work closely with Ericsson and Intel to develop and
bring to market the products needed for the commercialization of
NB-LTE timed with market demand.
"We believe in building an ecosystem around NB-LTE to speed up
the take-up of the Internet of Things. This development will bring
consumers benefits such as enhanced and improved connectivity of
devices, and at lower cost. This is another extension of Nokia's
aim to improve people's lives through a programmable world where
billions of people, things, sensors and devices are connected,"
said Stephan Litjens, vice president, Portfolio Strategy &
Analytics, Nokia Networks.
"Cellular networks already cover 90 percent of the world's
population so it makes sense to leverage this global footprint to
support and drive IoT adoption through the standardization of
Narrow-Band LTE. Working with Intel and Nokia, Ericsson is driving
the ecosystem to accelerate IoT growth and ensuring a global
foundation for a vast range of new IoT applications for consumers,
industry and government," said Thomas Norén, vice president and
Head of Product Management, Business Unit Radio, Ericsson.
Intel intends to support commercial roll-out of the technology
with a roadmap for NB-LTE chipsets and product upgrades beginning
in 2016 that will enable slim form factors. The products will add
to Intel's growing LTE portfolio. Nokia and Ericsson will provide
the required network upgrades to support an extension of existing
LTE networks with NB-LTE optimized for low power Machine-to-Machine
communication.
"We are excited to collaborate with two leading network vendors
Ericsson and Nokia on the next wave of wireless innovation to
connect the growing IoT market segment, and to further grow the
momentum for Intel's LTE portfolio and roadmap with NB-LTE," said
Stefan Wolff, vice president, Platform Engineering Group and
general manager of the Multi-Comms Business Unit, Intel.
About Nokia By focusing on the human
possibilities of technology, Nokia embraces the connected world to
help people thrive. Our three businesses are leaders in their
fields: Nokia Networks provides broadband infrastructure, software
and services; HERE provides mapping, navigation and location
intelligence; and Nokia Technologies provides advanced technology
development and licensing. http://www.nokia.com
Media Enquiries: Nokia
Communications Tel. +358 (0) 10 448 4900 Email:
press.services@nokia.com
HUG#1951394
Nokia (NYSE:NOK)
Historical Stock Chart
From Apr 2024 to May 2024
Nokia (NYSE:NOK)
Historical Stock Chart
From May 2023 to May 2024