T-Mobile and Nokia agree $3.5bn deal on nationwide 5G network
Mobile-phone giants T-Mobile and Nokia has announced a $3.5bn deal in a bid to speed up the introduction of a nationwide 5G network.
As part of the deal, Finland-based company Nokia will provide T-Mobile with its complete end-to-end 5G technology, software and services portfolio.
The two firms will work together to ensure T-Mobile continues in its efforts to bring 5G network to the market for its customers during the pivotal early years of the new technology.
Neville Ray, Chief Technology Officer at T-Mobile, said: “We are all in on 5G.”
“Every dollar we spend is a 5G dollar, and our agreement with Nokia underscores the kind of investment we're making to bring customers a mobile, nationwide 5G network.”
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These range from enterprise, smart cities, utilities, transportation, health, manufacturing, retail, agriculture and government agencies.
Ashish Chowdhary, Chief Customer Operations Officer at Nokia, said: "Nokia and T-Mobile will advance the large-scale deployment of 5G services throughout the United States."
"This is a testament to our companies' strong and productive working relationship, one which has produced several important technological milestones in recent months, and which now allows us to make 5G a commercial reality."
The launch of 5G is set to offer a whole host of enhancements including faster speeds, better connectivity, longer battery-life as well as a more reliable network for customers.