Nokia and Ooredoo Group Ink Five-year 5G Agreement

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Nokia (NYSE: NOK) has been selected by Ooredoo Group, an international communications company based in Doha, Qatar, to bring multiple technologies and services, including 5G, to customers in 10 countries in the Middle East, North Africa, and Southeast Asia as part of a multi-country, five-year deal. The deployment is expected to be completed by 2026 in all these countries.

Nokia will supply RAN, core and transport products and services as well as its latest radio technology, the AirScale RAN portfolio, that Ooredoo already deploys in some markets. As part of the deal, Nokia will deploy AirScale radios on sites across North Africa and Southeast Asia.  

With new network capabilities, Ooredoo will be able to introduce network slicing to launch and grow new services spanning health, smart cities, banking, transportation, and public safety more rapidly.  

Commenting on the deal, Aziz Aluthman Fakhroo, Managing Director, Ooredoo Group, says, “Ooredoo launched the world’s first commercial 5G network in 2018, and this partnership with Nokia is allowing us to keep ahead. Nokia’s FastMile 5G devices will allow us to extend the reach of our 5G wireless network into the home environment to enable Smart Home and IoT connectivity for customers.”

Pekka Lundmark, Nokia President and Chief Executive Officer adds, “We are excited to continue delivering robust networks to Ooredoo’s customers. This new five-year deal will accelerate the benefits of Nokia’s technology, including 5G, for consumers in Middle East, North Africa and Southeast Asia and will enable businesses to digitalize and innovate with new services.”

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