Nokia has clinched a cope with Britain’s largest cell operator BT to produce 5G radio gear, the Finnish firm stated on Tuesday, in one of many first main wins beneath new CEO Pekka Lundmark.
The deal will make Nokia BT’s largest gear supplier and comes simply months after Britain stated it could ban China’s Huawei from next-generation 5G telecom networks.
The scale of the contract was not disclosed.
Nokia has received 63 p.c of the BT contract, or about 11,600 radio websites, a supply accustomed to the matter stated.
Nokia at present powers BT’s community in Larger London, the Midlands, and rural areas, however the brand new contract will add a number of cities and cities throughout the UK.
BT Group CEO Philip Jansen stated the settlement would enable it to proceed the rollout of mounted and cell networks, with digital connectivity important to the UK’s financial future.
Beneath the present ban, UK operators will be unable to buy 5G elements from Huawei from the tip of this 12 months and should take away all present Huawei gear from the 5G community by 2027, providing alternatives for for Nokia and Sweden’s Ericsson.
Nokia had a 21 p.c share of the worldwide radio entry community (RAN) market in 2019, versus 29 p.c for Ericsson and Huawei’s 31 p.c, in line with information from Moody’s.
Whereas Nokia has been profitable contracts from operators internationally, it suffered a setback earlier this month when it lost out to Samsung on part of a contract to produce new 5G gear to Verizon.
Nokia is beneath new administration with Lundmark taking the highest job final month and telecoms veteran Sari Baldauf changing into the chairwoman in Might.
© Thomson Reuters 2020
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