Nokia reaches 63 commercial 5G contracts

Nokia has today announced that it has reached 63 commercial 5G contracts worldwide, with customers including AT&T, KDDI, Korea Telecom, LG Uplus, NTT DOCOMO, O2, SK Telecom, SoftBank, Sprint, STC, T-Mobile US, Verizon, Vodafone Italy and Zain Saudi.

Tommi Uitto, President of Mobile Networks at Nokia, said, “Nokia is the only network supplier whose 5G technology has been contracted by all four nationwide operators in the US, all three operators in South Korea and all three nationwide operators in Japan. We have more than 350 customers in 4G, but these first 63 customers represent some two thirds of our global Radio Access Networks business in a typical year.

"Further, these 63 contracts – across the most important pioneering markets, across low bands, middle bands and high bands, and across traditional and cloud network architectures – provide us with invaluable early experiences and insights.”

The 63 signed commercial contracts exclude other types of 5G agreements, such as paid network trials, pilots or demonstrations. Including such agreements would bring the total number of 5G agreements to over 100.

Nokia says it will continue to work with 3GPP to establish 5G standards and enable the rollout of 5G networks.