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WKN: 870737 | ISIN: FI0009000681 | Ticker-Symbol: NOA3
Xetra
04.12.24
17:35 Uhr
4,009 Euro
-0,005
-0,12 %
1-Jahres-Chart
NOKIA OYJ Chart 1 Jahr
5-Tage-Chart
NOKIA OYJ 5-Tage-Chart
RealtimeGeldBriefZeit
3,9773,99420:44
3,9723,99020:44
GlobeNewswire (Europe)
786 Leser
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Nokia Oyj: Nokia selected by Vodafone Idea as major 4G and 5G partner in India

Finanznachrichten News

Press Release

Nokia selected by Vodafone Idea as major 4G and 5G partner in India

  • Nokia and Vodafone Idea to deploy 5G network across major Indian cities; Deal includes modernizing and expanding the 4G network.
  • Nokia to supply equipment from its energy-efficient AirScale portfolio including its MantaRay SON solution for network optimization and automation.
  • Deal will bring premium connectivity to Vodafone Idea's subscribers.

28 September 2024
Espoo, Finland - Nokia today announced that it has been awarded a three-year deal by Vodafone Idea Limited (VIL) to deploy 4G and 5G equipment. The agreement includes the modernization and expansion of VIL's 4G network of which Nokia is already a major supplier. The deployment will deliver premium connectivity to 200 million VIL customers. Nokia will increase its market share and replace the incumbent vendor in Chennai and Andhra Pradesh, making it the largest supplier covering circles that generate more that 50% of VIL's revenue. Deployment will begin immediately.

The deal will see Nokia deploy equipment from its comprehensive, industry-leading 5G AirScale portfolio, powered by its energy-efficient ReefShark System-on-Chip technology. This includes base stations, baseband units, and its latest generation of Habrok Massive MIMO radios. These are designed for easy deployment and will deliver premium 5G capacity and coverage. Nokia will also modernize VIL's existing 4G network with multiband radios and baseband equipment, which can also support 5G.

VIL will also benefit from Nokia's industry-leading network optimization and automation platform, MantaRay SON. This uses self-configuring modules to boost network performance and efficiency and can be tailored and deployed to optimize specific software applications to address unique operational challenges. Nokia will also provide planning, deployment, integration, and network optimization services.

Nokia is a long-term partner of VIL and has supported them with the deployment of its 2G, 3G, 4G, and now 5G networks.

Akshaya Moondra, CEO of Vodafone Idea Limited, said: "We are committed to providing a best-in-class 4G and 5G experience to our customers and this new deal with Nokia, who has been our partner since the beginning, will help us to deliver that. 5G will bring seamless high-speed connectivity and increased capacity supporting citizens and enterprises alike. This will also enable unprecedented levels of innovation and efficiency across various sectors, empowering organizations to thrive in today's fast-paced digital landscape."

Tommi Uitto, President of Mobile Networks at Nokia, said: "Nokia is proud to be Vodafone Idea's partner in the next stage of its network evolution. This is a continuation of our long-term partnership that has lasted for over three decades and highlights their trust in our technology portfolio. They will benefit from the very latest products and innovations from our industry-leading, energy-efficient AirScale portfolio that will bring premium quality capacity and connectivity to their customers. We look forward to working with Vodafone Idea on this exciting deployment."

Resources and additional information
Webpage: Nokia AirScale (https://www.nokia.com/networks/mobile-networks/airscale-radio-access/)
Webpage: Nokia Sustainability (https://www.nokia.com/about-us/sustainability/)
Webpage: MantaRay SON (https://www.nokia.com/networks/mobile-networks/mantaray-son/)

About Nokia
At Nokia, we create technology that helps the world act together.

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today - and work with us to create the digital services and applications of the future.

Media inquiries
Nokia Press Office
Email: Press.Services@nokia.com (mailto:Press.Services@nokia.com)

Follow us on social media
LinkedIn (https://www.linkedin.com/company/nokia/) X (https://twitter.com/nokia) Instagram (https://www.instagram.com/nokia/) Facebook (https://www.facebook.com/nokia) YouTube (https://www.youtube.com/nokia)


© 2024 GlobeNewswire (Europe)
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