T-Mobile, Nokia sign USD 3.5bn multi-year 5G network agreement

T-Mobile (NASDAQ: TMUS) and Nokia has announced a landmark USD 3.5 billion agreement to accelerate the deployment of a nationwide 5G network, the company said.

Nokia will provide T-Mobile with its complete end-to-end 5G technology, software and services portfolio, assisting the Un-carrier in its efforts to bring its 5G network to market for customers in the critical first years of the 5G cycle.

As part of the agreement, Nokia will help build T-Mobile´s nationwide 5G network with 600 MHz and 28 GHz millimeter wave 5G capabilities compliant with 3GPP 5G New Radio (NR) standards.

5G promises to enable faster speeds, massive connectivity, decade-long battery life for sensors and super-responsive and reliable networks for customers. This will unleash on-demand virtual reality (VR) and augmented reality (AR) experiences, driverless vehicles, medical monitoring, advanced industrial automation services, and so much more — all requiring ubiquitous low latency connectivity.

As America´s Un-carrier, T-Mobile US, Inc. (NASDAQ: TMUS) is redefining the way consumers and businesses buy wireless services through product and service innovation. For more information, visit http://www.t-mobile.com.