Nokia and T-Mobile announce a deal worth $ 3.5 billion to create a network of fifth generation 5G

Nokia 5G

Revealed Nokia recently announced its financial results for the third quarter of this year, and the results were modest due to the slow growth of the sector networks, but are supposed to move the position of the company when you begin to telecommunications companies in the launch of the 5G later this year. This is already happening, has announced the Finnish company just for the multi-year partnership with the company American communications T-Mobile.

Will become a transaction valued at USD 3.5 billion to buy Nokia to provide the company T-Mobile in the United States of America equipment, software and services necessary to develop and deploy the fifth-generation networks in all parts of the country. Can also be clients of the company Sprint looking to the future 5G thanks to the merger with T-Mobile.

Includes 5G that the company will be launching the soil the broad range of 600MHz, the frequencies of high amplitude 28GHz. Once that announced both Nokia and T-Mobile about the signing of this deal, worth 3.5 billion USD to create 5G, the Finnish police published a press release confirming that they expect to achieve financial results better in the second half of this year. Are expected to increase operating margin from 9 percent to 11 percent for the whole year with a profit ranging between 0.23€ and 0.27 euros per share.

Source.

 

The post Nokia and T-Mobile announce a deal worth $ 3.5 billion to create a network of fifth generation 5G appeared first on electronic.

Leave a Reply

Your email address will not be published. Required fields are marked *