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Nokia wins $3.5 billion agreement from T-Mobile to build 5G network
This will unleash on-demand virtual reality and augmented reality experiences
T-Mobile and Nokia today announced a $3.5 billion agreement to accelerate the deployment of a nationwide 5G network.
As part of the agreement, Nokia will help build T-Mobile's nationwide 5G network with 600 MHz and 28 GHz millimeter wave 5G capabilities compliant with 3GPP 5G New Radio (NR) standards.
"We are all in on 5G," said Neville Ray, Chief Technology Officer at T-Mobile.
"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. And together with Sprint, we'll be able to do So. Much. More, Ray said.
"Nokia and T-Mobile will advance the large-scale deployment of 5G services throughout the United States," said Ashish Chowdhary, Chief Customer Operations Officer, Nokia.
"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," Ashish said.
According to the statement using 5G, Nokia and T-Mobile will develop, test and launch the next generation of connectivity services that will cover a wide range of industries, including enterprise, smart cities, utilities, transportation, health, manufacturing, retail, agriculture and government agencies.
Furthermore, this will unleash on-demand virtual reality (VR) and augmented reality (AR) experiences, driverless vehicles, medical monitoring, advanced industrial automation services, and so much more - all requiring ubiquitous low latency connectivity.