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NOK Nokia Corp

3.65
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Nokia Corp NYSE:NOK NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 3.65 3.71 3.625 3.65 14,451,976 01:00:00

Nokia Gets Five-Year 5G Deal From AT&T

18/03/2021 11:45am

Dow Jones News


Nokia (NYSE:NOK)
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By Dominic Chopping

 

Nokia Corp. said Thursday that it has signed a five-year deal with AT&T Inc. to deploy fifth-generation equipment for the mobile operator's C-Band network in parts of the U.S.

The telecoms-equipment maker said AT&T will deploy Nokia's C-Band portfolio to boost network capacity and support both indoor and outdoor 5G coverage.

Nokia said the C-Band spectrum provides a good balance of both capacity and coverage, while also allowing rapid 5G rollout and fast introduction of services which is vital in all markets.

AT&T will begin deploying the first phase of C-Band spectrum toward the latter part of 2021.

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

March 18, 2021 07:30 ET (11:30 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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