Nokia wins 5G radio equipment contract from BT

Nokia

Finland’s Nokia has clinched a deal with the UK’s biggest mobile operator BT Group to supply 5G radio equipment, the company has said, in one of the first major wins under new Chief Executive Officer Pekka Lundmark.

The deal will create Nokia BT’s largest equipment provider and comes only months after Britain said it would prohibit Huawei Technologies from next-generation 5G telecom networks.

The size of this contract wasn’t disclosed.

Nokia has won 63% of the BT contract, or approximately 11,600 radio sites, a source familiar with the issue said.

Nokia now forces BT’s network in Greater London, the Midlands and rural places, however, the new contract will probably include numerous towns and towns across the United Kingdom.

BT Group Chief Executive Philip Jansen stated the arrangement would let it keep the rollout of fixed and cellular networks, with electronic connectivity crucial to the UK’s economic potential.
Under the current ban, UK operators won’t be able to buy 5G components from Huawei from the conclusion of the season and has to get rid of all existing Huawei gear from the 5G network by 2027, offering opportunities to get Nokia and Sweden’s Ericsson.

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Nokia had a 21 percent share of the global radio access network (RAN) marketplace in 2019, versus 29% for Ericsson and Huawei Technologies 31%, according to information from Moody’s.

While Nokia was winning contracts from operators throughout the world, it suffered a setback earlier this month after it lost out to Samsung Electronics on a part of a contract to supply fresh 5G gear to Verizon.

Nokia is under new direction with Lundmark taking the top job last month and telecoms veteran Sari Baldauf getting the chairwoman in May.

The team at Platform Executive hope you have enjoyed this news article. Initial reporting via our official content partners at Thomson Reuters. Reporting by Supantha Mukherjee in Stockholm and Anne Kauranen in Helsinki. Editing by Jason Neely, Kirsten Donovan.

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