Nokia and T-Mobile have inked a $3.5bn deal to take the USA telco into the bright new world of 5G communications. The two companies announced on Monday, in the first major agreement of its kind to modernize wireless internet services.
The agreement marks the world's largest 5G deal so far, news agency Reuters said.
Customers, however, will not notice a discernible difference in terms of faster speeds or other features until the first 5G-ready smartphones go on sale in early 2019.More news: Root run-out sparks England collapse
T-Mobile said in February it was working both with Nokia and rival network vendor Ericsson of Sweden to build out 5G networks in 30 USA cities during 2018.
Third-place US wireless carrier T-Mobile today announced that it has signed a multi-year agreement with Nokia to provide hardware solutions, software and services for its 5G rollout. The company will help build T-Mobile's 5G network. "This is a testament to our companies' strong and productive working relationship, which has produced several important technological milestones in recent months". It sounds like Nokia itself will take a hands-on role in building out T-Mobile's network as well, so the carrier has certainly gained a lot of resources in the rush to get its network going.
"We are all in on 5G", T-Mobile chief technology officer Neville Ray said in a release.More news: China warns the United States about "blackmailing" over trade
This was expected to unleash on-demand virtual reality and augmented reality experiences, driverless vehicles, medical monitoring, advanced industrial automation services, and so much more - all requiring ubiquitous low latency connectivity.
In February, T-Mobile said it planned to build out 5G in 30 cities this year, including New York, Los Angeles, Dallas, and Las Vegas, ahead of a launch of 5G smartphones next year.
The multi-year deal is to see Nokia supplying 5G hardware, software and services that T-Mobile can use to exploit licensed 600 MHz spectrum and ultra high-speed 28 MHz capacity in densely populated urban areas, the companies said.More news: TSA program has undercover air marshals watching Americans