Nokia and T-Mobile announce a $ 3.5 billion deal to create the fifth generation 5G network
Nokia recently unveiled its second-quarter results, which were modest due to the slow growth of the network sector, but the company's position is likely to improve as carriers start launching 4G 5G networks later this year. This is what is already happening. The Finnish company has just announced a multi-year partnership with T-Mobile.
The $ 3.5 million deal will allow Nokia to provide T-Mobile in the United States with the equipment, software and services necessary to develop and deploy fifth generation networks across the country. Sprint customers can also look to the future of 5G thanks to integration with T-Mobile.
The company's fifth-generation 5G networks will include the wide-band 600MHz and 28GHz high-frequency. Once Nokia and T-Mobile announced the signing of the $ 3.5 billion deal to build the 5G VLANs, the Finnish company published a press release confirming that it expects better financial results in the second half of this year. It expects the operating margin to rise from 9 percent to 11 percent for the full year with earnings ranging from 0.23 euros to 0.27 euros per share.