Nokia selected by Telia Company to deploy 5G in Finland and implement 5G standalone core across markets
Press Release
Nokia selected by Telia Company to deploy 5G in Finland and implement 5G standalone core across markets
- Selected for 5G RAN and existing network modernization in Finland
- Chosen as provider of 5G standalone core in 6 European markets
21 October 2020
Espoo, Finland – Nokia today announced it has been selected by Telia Company as the exclusive provider of 5G RAN in Finland in a five-year deal that includes the modernization of legacy networks and will cover 7,500 sites. Nokia is a long-standing strategic partner to Telia Company and has also been chosen as the supplier of 5G standalone (SA) core in Denmark, Estonia, Finland, Lithuania, Norway and Sweden in the Nordic and Baltic regions.
Nokia will supply Telia with its AirScale portfolio including 5G RAN, AirScale base stations and Nokia AirScale radio access products. The deal will see the modernization of existing radio networks, as well as the rollout of 5G in Finland. Nokia is the incumbent radio provider for Telia Finland, as well as providing its 5G non-standalone cloud-native core for all countries. These solutions at the heart of the networks will enable Telia to build on its existing leadership position and deliver incredible connectivity and capacity benefits to its consumer and business subscribers.
Nokia’s 5G core and Cloud Packet Core (CPC) portfolios will also supply Telia with a 5G SA core network, an expansion of the current core network from Nokia. Building upon Telia’s existing Control/User Plane Separation (CUPS) core network architecture, Nokia's CPC’s appliance solution will be used in the 5G SA user plane, making it highly scalable. Nokia’s core solution allows Telia to build a unified core network offering quad-access (2/3/4/5G) services for a seamless experience to their subscribers.
Telia opened the first pre-commercial 5G networks in Helsinki, Vantaa and Oulu in Finland in September 2018 together with Nokia. The commercial network was opened at the beginning of 2019, and the accelerated roll-out has continued to 42 cities in Finland, with a population coverage of over 25 percent.
Allison Kirkby, President and CEO of Telia Company, says: “Our networks have never been more important and are the foundation of a thriving digital economy. Nokia is our sole supplier of 5G standalone core in all markets and of radio network technology in Finland. We share a long history of close collaboration with Nokia, particularly in Finland, and I look forward to continuing this partnership by delivering the best network for our subscribers.”
Pekka Lundmark, President and CEO, Nokia, said: “We are delighted to extend our long-standing partnership with Telia Company. For over half a century we have worked with Telia to deliver best-in-class connectivity - now that continues into the 5G era, as we supply Telia's RAN technology in Finland and its core 5G network across the Nordic and Baltic nations. I look forward to continuing our close collaboration with Telia for years to come.”
Nokia is a global leader in 5G with the industry's only end-to-end portfolio that is available globally. With more than 160 commercial engagements underway, its 5G solutions, software and services allow Nokia customers to take advantage of the promise of this next generation of network technology. Learn more about Nokia 5G.
Resources:
Nokia Subscriber data management
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
GlobeNewswireGlobeNewswire 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
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
Sinch AB (publ): Sinch announces the completion of a directed new share issue of 3,187,736 shares, raising approx. SEK 3.3 billion, and larger shareholders’ sale of existing shares to a fund managed by SB Management30.11.2020 23:58:07 CET | Press release
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA, NEW ZEALAND, HONG KONG, SINGAPORE OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE MAY BE UNLAWFUL, WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES Press Release Stockholm, 30 November 2020 Sinch announces the completion of a directed new share issue of 3,187,736 shares, raising approx. SEK 3.3 billion, and larger shareholders’ sale of existing shares to a fund managed by SB Management Stockholm, Sweden – Sinch AB (publ) – XSTO: SINCH Sinch AB (publ) (“Sinch” or the “Company”) has, in accordance with the Company’s press release earlier today on 30 November 2020 and based on the authorization granted by the annual general meeting on 15 May 2020, resolved on a directed issue of 3,187,736 new shares at a subscription price of SEK 1,050 per share (the “Share Issue”), corresponding to (i) a discount of a
Sinch AB (publ): Sinch offentliggör genomförandet av en riktad nyemission om 3 187 736 aktier och tillförs ca 3,3 miljarder kronor, samt större aktieägares försäljning av befintliga aktier till en fond förvaltad av SB Management30.11.2020 23:58:07 CET | Pressemelding
EJ FÖR OFFENTLIGGÖRANDE, DISTRIBUERING ELLER PUBLICERING, VARE SIG DIREKT ELLER INDIREKT, I ELLER TILL USA, KANADA, JAPAN, AUSTRALIEN, SYDAFRIKA, NYA ZEELAND, HONGKONG, SINGAPORE ELLER I NÅGON ANNAN JURISDIKTION DÄR OFFENTLIGGÖRANDE, DISTRIBUTIONEN ELLER PUBLICERING AV DETTA PRESSMEDDELANDE SKULLE KUNNA VARA OLAGLIG, KRÄVA YTTERLIGARE REGISTRERING ELLER ANDRA ÅTGÄRDER Pressmeddelande Stockholm den 30 november 2020 Sinch offentliggör genomförandet av en riktad nyemission om 3 187 736 aktier och tillförs ca 3,3 miljarder kronor, samt större aktieägares försäljning av befintliga aktier till en fond förvaltad av SB Management Stockholm, Sverige – Sinch AB (publ) – XSTO: SINCH Sinch AB (publ) (”Sinch” eller ”Bolaget”) har, i enlighet med Bolagets tidigare pressmeddelande idag den 30 november 2020 och med stöd av årsstämmans bemyndigande från den 15 maj 2020, beslutat om en riktad nyemission om 3 187 736 nya aktier till en teckningskurs om 1 050 kronor per aktie (”Nyemissionen”), motsvarande
Stop & Shop Local Unions Ratify Previously Announced Withdrawal Agreement on UFCW International Union - Industry Pension Fund; No Impact to Previously Issued Outlook30.11.2020 22:30:00 CET | Press release
Zaandam, the Netherlands, November 30, 2020 – Ahold Delhaize announces today that the UFCW Locals of its U.S. brand Stop & Shop have ratified the agreement to terminate participation in the United Food & Commercial Workers International Union – Industry Pension Fund (the “National Plan”). As previously announced, the agreement does not impact the 2020 financial outlook. Details of the financial impact were outlined in the original release on July 21st, 2020, and can be found here. This withdrawal improves the security of pension benefits for associates as well as reduces financial risk for the company and was determined, by the National Plan’s trustees, to be in the best interests of the National Plan’s participants and beneficiaries. Also as previously announced, Stop & Shop, together with Kroger and the UFCW Locals, are creating the UFCW International Union-Industry Variable Annuity Pension Plan for future benefits. This new plan is designed to protect the benefit accrual of particip
Galapagos reports positive topline results with GLPG1205 in IPF patients in PINTA Proof-of-Concept trial30.11.2020 22:01:00 CET | Press release
Placebo-adjusted improvement in forced vital capacity (FVC) decline of 42mL across treatment groups at 26 weeksCorrelation between FVC decline and pulmonary lobar volume change observed, as measured by functional respiratory imaging (FRI) GLPG1205 planned to progress to dose finding Phase 2b study Mechelen, Belgium; 30 November 2020, 22.01 CET; Galapagos NV (Euronext & NASDAQ: GLPG) announces positive topline results with its investigational GPR84 antagonist GLPG1205 in Proof-of-Concept Phase 2 trial in idiopathic pulmonary fibrosis (IPF) patients. The PINTA trial was a randomized, double-blind, placebo-controlled trial investigating a 100mg once-daily oral dose of GLPG1205. The study recruited and included a total of 68 IPF patients. Participants were administered drug candidate or placebo (2:1 randomization) for 26 weeks and could remain on their standard of care as background therapy, i.e. nintedanib, pirfenidone or neither. The primary objective of the trial was to assess the chang
AB Linas Agro Group performance and financial results for the three months of 2020/2130.11.2020 21:27:53 CET | Press release
Consolidated revenue went up 60% to EUR 239 million. Sales volume in tons reached 769 thousand tons of various products and was 75% more as compared to previous year. The gross profit reached EUR 13.2 million and was 26% higher than a year before. Consolidated EBITDA was 92% higher and amounted to EUR 9.2 million. The operating profit was EUR 4.9 million or 260% higher. Profit before taxes amounted to EUR 4.5 million against EUR 0.9 million in previous year. The net profit attributable to the Company went up from EUR 0.6 million to EUR 3.9 million. A commentary by Mažvydas Šileika, Financial Director of AB Linas Agro Group: "A good harvest has helped to achieve very good trading results, and poultry business was the one most affected by the global pandemic. Revenue from trade in grain, oilseeds and feedstuff increased by 100% over the year to EUR 172 million, and operating profit amounted to EUR 3.3 million being 4.7 times higher. Due to the successful growing season, our customers-far
Millicom CEO Mauricio Ramos to be keynote speaker at GSMA Thrive Latin America30.11.2020 21:00:00 CET | Press release
Millicom CEO Mauricio Ramos to be keynote speaker at GSMA Thrive Latin America Luxembourg, November 30, 2020 – Millicom, a leading provider of cable and mobile services operating as TIGO in Latin America, is pleased to announce that CEO Mauricio Ramos will present at GSMA Thrive Latin America as an invited keynote speaker on December 2. As a global leader in the telecommunications sector, Mr. Ramos will discuss the importance of accelerating connectivity to reinvigorate economies in Latin America and its positive effect on communities. GSMA Thrive Latin America brings together Latin America’s policymakers, digital leaders, and innovators to uncover the opportunities of emerging next-generation technologies and inspire thought leadership to solve the challenges of realizing a truly connected world. Mr. Ramos’s keynote presentation at GSMA Thrive Latin America is scheduled for Wednesday, December 2 at 10:00 a.m. ET. Free registration and the keynote can be accessed here [LINK]. -END- For