Daily Management Review

Nokia becomes 5G supplier for Finland and Baltic countries


The Finnish company Nokia will supply Telia company with around 7.5 thousand 5G transmitters in Finland, the Scandinavian and Baltic countries, the equipment provider said.

Telia is a corporation specializing in telecommunications. Its main office is based in Stockholm. The governments of Sweden and Finland are the company's main shareholders (37.3 percent and 11.7 percent, respectively). In Finland, the organization serves all government communications resources. In Sweden, Norway, Finland, the Baltic States, Denmark, Turkey, Azerbaijan, Georgia, Moldova, Russia and other CIS countries, the company and its subsidiaries service 80.1 million customers.

"We are delighted to extend our long-standing relationship with Telia. For more than half a century, we have been collaborating with Telia to provide best-in-class coverage. Now it continues into the 5G era as we supply Telia in Finland with this technology and grow the 5G network in the Nordic and Baltic countries," said Pekka Lundmark, Nokia's head. 

Launched in September 2018, the 5G Telia network in Finland went into commercial service in early 2019 and actually spans 25 percent of the area where future customers live. 

Nokia Corporation is a global telephone, fixed, cable and IP network telecommunications equipment company from Finland. Its head office is in Espoo, Finland. In 2019, net profit amounted to €2,003 billion euros. Its clients are mobile providers targeting 6.4 billion customers around the world.

source: globenewsswire.com