
Nokia and Ooredoo Group sign strategic 5-year agreement, including 5G
Press Release
Nokia and Ooredoo Group sign strategic 5-year agreement, including 5G
- Multi-country deal across Middle East, North Africa and South-east Asia cover multiple technologies including RAN, Core, Optics, IP and microwave
29 November 2021
Espoo, Finland – Nokia today announced that it has been selected by Ooredoo Group to bring multiple technologies and services, including 5G, to customers in Middle East, North Africa and South-east Asia as part of a multi-country, five-year deal. The deal, which builds on Nokia’s global partnership with Ooredoo, will see Nokia expand Ooredoo’s existing network, as well as introduce new 5G services. The deployment is already underway and is expected to be completed by 2026 in all these countries.
Under the deal, Nokia will deploy equipment from its latest AirScale RAN portfolio on sites across North Africa and Southeast Asia. Nokia’s AirScale radio platform features the flexibility and capability required for delivering 5G services to consumers and enterprises across different spectrum bands. The deal also includes digital deployment services supporting a faster time to market as well as technical support services.
Nokia will also provide its cloud-native Core software to give Ooredoo zero-touch automation capabilities that will drive greater scale and reliability. Supported by Nokia Cloud Packet Core, Voice Core, Registers, Policy Controller, Signaling and Cloud Platform, 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.
Nokia’s optical solutions will ensure expansion and applications flow for Ooredoo’s state-of-the-art optical network without constraint. This provides increased network flexibility and operational automation through zero-touch transparent photonic networking.
Nokia’s microwave transport supports 5G microwave growth and new spectrum like E-band. The transport networks will enable seamless launching of new services where communities and businesses can rely on privacy, security, and near instant response times.
Aziz AluthmanFakhroo, Managing Director, Ooredoo Group, said: “This renewed contract is testimony to our growing partnership with Nokia to modernize and expand our network by rolling out world-class 4G and 5G services across North Africa and Southeast Asia. Thanks to Nokia’s advanced technology, our customers will be able to experience faster speeds and enhanced response times as well as more bandwidth.”
Pekka Lundmark, President and Chief Executive Officer at Nokia, said: “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. The move to 5G will drive radical transformation across industries, communities and public services and we are proud to continue supporting Ooredoo Group on this journey.”
Video: Nokia and Ooredoo Group dignitaries at the agreement signing ceremony in Ooredoo Headquarters in Doha, Qatar
Photos: See photos as attachments at the end of the release.
Photo 1: Left to right -- Aziz Aluthman Fakhroo, Managing Director, Ooredoo Group; and Pekka Lundmark, President and Chief Executive Officer at Nokia
Photo 2 (Group): Nokia and Ooredoo Group dignitaries at the agreement signing ceremony in Ooredoo Headquarters in Doha, Qatar
Resources:
- Nokia AirScale
- Nokia 5G
- Nokia 5G Core
- Nokia Cloud Packet Core
- Nokia Voice Core
- Nokia Registers
- Nokia Policy Controller
- Nokia Cloud PlatformNokia Optical Networks
About Nokia
At Nokia, we create technology that helps the world act together.
As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.
Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world.
Media Inquiries:
Communications
Email: press.services@nokia.com
Attachments
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release
Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a
DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release
Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68
Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release
Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.
Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release
AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us
Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release
VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin