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    mobile investing

    SoftBank Selects Nokia for 5G Offering

    Dorothy Neufeld
    May. 29, 2019 08:49AM PST
    Emerging Technology

    SoftBank (TYO:9984), the multinational holding company based in Japan announced that it has selected Nokia (NYSE:NOK) for its 5G offering. This marks Nokia’s 38th commercial contract for 5G deployment of its Nokia 5G Airscale solution. As quoted in the press release: Nokia’s 5G AirScale will be deployed across Japan, bringing 5G RAN to businesses and …

    SoftBank (TYO:9984), the multinational holding company based in Japan announced that it has selected Nokia (NYSE:NOK) for its 5G offering. This marks Nokia’s 38th commercial contract for 5G deployment of its Nokia 5G Airscale solution.

    As quoted in the press release:

    Nokia’s 5G AirScale will be deployed across Japan, bringing 5G RAN to businesses and consumers alike. The 5G investment will benefit consumers by bringing them a 5G enhanced Mobile BroadBand (eMBB) service, with 5G Ultra Reliable Low Latency Connectivity (URLLC) and enhanced Machine Type Communication (eMTC) enabling multiple new applications and services for industries in the 5G era.

    John Harrington, Head of Nokia Japan, said: “We are delighted to continue our long-term relationship with SoftBank and to be working with them as a trusted end to end partner at such an important milestone in the transformation to 5G. We are committed to help SoftBank launch their commercial 5G network.”

    Click here to read the full press release.

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