Mobile partners with Nokia in $3.5 billion 5G network deal

Nokia and T-Mobile reveal major 5G tie-up

Looks like that simultaneous, non-standalone 5G NR and 4G LTE connection isn't the only big news that T-Mobile and Nokia have to share.

T-Mobile, the third biggest USA mobile carrier, said on Monday the Nokia deal would help to deliver the first nationwide 5G services in the United States, where T-Mobile in April agreed to a merger with Sprint to create a more formidable rival to US telecom giants Verizon and AT&T. Separately, Nokia said that this deal has no effect on its recently announced full-year guidance as the contract was already included, a report from IANS added.

Speaking on a media call after the company released its second-quarter earnings last week, Chief Executive Rajeev Suri said Nokia isn't experiencing price pressure at its networks business from competition, but rather that some operators are trying to fund the early adoption of fifth-generation networks within existing budgets instead of increasing their resources.

This is Nokia's largest 5G agreement globally, and comes at a pivotal time for the Finnish giant as it goes up against the likes of Ericsson and Huawei in this space.

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"And together with Sprint, we'll be able to do so much more".

Nokia said that rolling out 5G networks would enable new technologies like VR, AR and driverless vehicles. As part of the deal Nokia will provide T-Mobile with all of its 5G technology, software and services.

In today's announcement, T-Mobile Chief Technology Officer Neville Ray said that his company is "all in on 5G", and unsurprisingly took the opportunity to point out how much better things will be should T-Mobile be allowed to merge with Sprint.

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