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GlobeNewswire (Europe)
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Nokia Oyj: Nokia wins five-year nationwide 5G deal with Ice Norway

Press Release

Nokia wins five-year nationwide 5G deal with Ice Norway

  • Deal to upgrade and expand footprint of 5G networks across Norway
  • Nokia's energy-efficient AirScale portfolio to support Ice's sustainability commitments
  • Partnership brings world-class mobility and new services to the Lyse group

5 July 2022

Espoo, Finland - Nokia today announced that it has won a five-year deal with Norwegian mobile operator, Ice to upgrade and expand its 5G radio network infrastructure nationwide. The move will support holding group, Lyse's strategy of offering best-in-class fixed and mobile services to its customers. Deployment is already underway and will run until 2026.

Under the contract, Nokia will supply equipment from its comprehensive, energy-efficient AirScale portfolio including Single RAN, AirScale base stations, and high-capacity 5G Massive MIMO antennas to support different spectrum bands. Approximately, 3200 base stations will be modernized and an additional 3900 new base stations will be deployed. These solutions will boost Ice's 5G coverage and performance and cover all deployment scenarios from dense-urban capacity to wide-area coverage. In particular, Nokia's solutions will enable Ice to take advantage of its broad spectrum holdings. Nokia will also provide its NetAct solution for network management and seamless daily network operations as well as optimization and technical support services.

Ice is owned by the multi-utility company, Lyse, which also owns fiber broadband provider, Altibox. Collectively, the companies manage nationwide digital infrastructure as well as mobile frequencies for both 4G and 5G. Under this new arrangement, Ice and Altibox will be able to add new services to their competitive fixed and mobile offer, such as 5G Fixed Wireless Access.

Ice has over 700,000 customers and its high-quality 4G and 5G network covers 95 percent of the population in Norway. Ice is committed to sustainable and responsible growth and continuously reducing energy consumption through advanced technology and improvements in the production process and optimization. Nokia has a long-standing partnership with Ice and also provides its core network.

Eivind Helgaker, CEO, Ice, commented: "This deal highlights our continued commitment to investing in our network and giving our subscribers the best possible connectivity experiences. Nokia has been our technology partner from the very beginning and through active competition they have again convinced us that they are still the right choice. Their technology gives us the flexibility to utilize our spectrum assets to their full capacity and enables us to compete even more strongly in the Norwegian telecommunications market."

Tommi Uitto, President of Mobile Networks at Nokia, said: "This is a particularly exciting phase for Ice as 5G is picking up pace in Norway and is establishing a competitive position in the market. We are proud to continue our journey as its long-term partner. We have already made great progress with the deployment of 5G services across the country and this new deal will extend coverage to new areas while improving the coverage and performance of the existing footprint. Our industry has a big role to play in the green transition of societies, and our energy-efficient AirScale portfolio supports Ice's commitments to sustainability."

Resources

Nokia AirScale

About Nokia
At Nokia, we create technology that helps the world act together.

As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable, and inclusive world.

Media Inquiries:
Nokia Communications
Email: press.services@nokia.com


© 2022 GlobeNewswire (Europe)
Solarbranche vor dem Mega-Comeback?
Lange galten Solaraktien als Liebling der Börse, dann kam der herbe Absturz: Zinsschock, Überkapazitäten aus China und ein Preisverfall, der selbst Marktführer wie SMA Solar, Enphase Energy oder SolarEdge massiv unter Druck setzte. Viele Anleger haben der Branche längst den Rücken gekehrt.

Doch genau das könnte jetzt die Chance sein!
Die Kombination aus KI-Explosion und Energiewende bringt die Branche zurück ins Rampenlicht:
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  • Moderne Module liefern Wirkungsgrade wie Atomkraftwerke
  • hina bremst Preisdumping & pusht massiv den Ausbau
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In unserem exklusiven Gratis-Report zeigen wir dir, welche 4 Solar-Aktien besonders vom Comeback profitieren dürften und warum jetzt der perfekte Zeitpunkt für einen Einstieg sein könnte.

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Dieses Angebot gilt nur für kurze Zeit – also nicht zögern, jetzt sichern!
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.