Nokia secures 5G contract with Chunghwa Telecom
Press Release
Nokia secures 5G contract with Chunghwa Telecom
- Nokia’s 5G radio portfolio and fast rollout capability will enable Chunghwa Telecom to further strengthen its role as the front runner in Taiwan’s 5G market
- Chunghwa Telecom aims to be first to launch 5G in Taiwan this July including 4K and VR services
- The deal builds on Nokia’s close relationship with Chunghwa Telecom, dating back to 1973
18 March 2020
Espoo, Finland – Nokia today announced that it has been selected as 5G RAN vendor by Chunghwa Telecom.
As the leading mobile operator in Taiwan, Chunghwa Telecom is ready to address the 5G market with the best band combination for consumers as well as enterprise demand. Supporting Chunghwa Telecom’s ambitious plans, Nokia is responsible for 5G radio network deployment in the Central and Southern Region of Taiwan.
Nokia will work closely with Chunghwa Telecom to ensure it will take the lead for providing 5G services in the country. Nokia will leverage Chunghwa Telecom’s existing LTE install base and rich spectrum resources to launch 5G non-standalone (NSA) involving multiple bands, paving the way to 5G standalone (SA) in the near future. With Nokia’s deploy services, which form part of the deal, network evolution can be brought up to speed faster. The deployment will also see the network benefitting from Nokia’s latest 5G “Powered by Reefshark” solutions.
The rollout is already underway, as Chunghwa Telecom targets July for the launch of its 5G services, including 4K and VR.
Nokia has been working with Chunghwa Telecom since 1973 in developing fixed network infrastructure in Taiwan. In recent years, it has worked closely with Chunghwa Telecom in preparing the operator for 5G, including 5G technology verification, interoperability and development testing (IoDT), as well as use case demonstrations ranging from consumer applications to enterprise scenarios.
Tommi Uitto, President of Mobile Networks at Nokia, said: “Our technology will assist Chunghwa Telecom in its early launch of 5G services in Taiwan, while also allowing it to explore new revenue generators across consumer and enterprise markets. As one of the pioneering members of Chunghwa Telecom’s Taiwan 5G Alliance, we will jointly promote the digital transformation for public and private sectors to accelerate 5G momentum in Taiwan.”
Max Chen, President of Chunghwa Telecom Mobile Business Group, said: “The transformation empowered by Nokia’s 5G technology will undoubtedly revolutionize the way we interact with the world. Chunghwa Telecom is committed to delivering industry-leading 5G to its consumer and enterprise customers, and we have every confidence in Nokia delivering this in a quick and reliable rollout.”
Resources:
- Web page: Nokia 5G solutions
- Web page: Nokia Deploy Services
- Web page: Nokia technical support services
About Nokia
We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.
Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia.
Media Inquiries
Nokia Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
About GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire 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