Sweden selects Nokia to update its whole wireless network to 5G

Net4Mobility has chosen Nokia (NYSE: NOK) to upgrade its 4G radio network with a fast and highly secure 5G network in Sweden. Under the terms of the 5-year contract, Nokia will use its AirScale platform to upgrade the existing 4G radio networks from Net4Mobility, a JV between the Swedish mobile operators Telenor and Tele 2. This allows consumers in Sweden to enjoy high-speed 5G connectivity. Under the agreement, Nokia will supply hardware such as MIMO adaptive antenna solutions, base stations and RAN (Radio Access Network) solutions from its AirScale range to Net4Mobility to upgrade the 4G network. It would help provide low latency, ultra high speed, and highly secure 5G services for its subscribers. Net4Mobility will also receive professional services such as network optimization services, implementation, integration and technical support from Nokia under the agreement. Ultra-high-speed 5G will be beneficial for entertainment, cloud gaming, education, transportation, and healthcare. Net4Mobility will use its 3.5 GHz spectrum to provide 5G services for the dense urban population. Its 4G network is being replaced with 5G with the help of Nokia and is expected to add multiple locations each year. Net4Mobility was founded in 2009 and offers 4G and 2G services. The company has the largest RAN network in Sweden. It enables 60% of the network traffic in the country. Net4Mobility provides 4G services to 99.9% of the population in Sweden and covers 90% of the country. Telenor and Tele2 had previously selected Nokia for their core cloud network. Telenor Sweden CTO Jonas Edén said the company will continue to offer 5G services to its subscribers in Sweden. It already offers 5G services to customers in major cities in the country. Telenor Sweden plans to provide 99.9% of the population with 5G services by 2023. Jonas said the company is pleased to extend its collaboration with Nokia for high quality and innovative 5G services. Tele2's CTO Yogesh Malik said the company is looking forward to starting the 5G rollout across the country. It enables greater efficiency, automation and innovation for companies. Tommi Uitto, Nokia President of Mobile Networks, said the company is pleased to be selected as the network infrastructure upgrade provider for Tele2 and Telenor.