T-Mobile US named Nokia to supply it with $3.5 billion in next-generation 5G network gear, the firms said on Monday, marking the world’s largest 5G deal so far and concrete evidence of a new wireless upgrade cycle taking root.
No.3 US mobile carrier T-Mobile — which in April agreed to a merger with Sprint to create a more formidable rival to US telecom giants Verizon and AT&T — said the multiyear supply deal with Nokia will deliver the first nationwide 5G services.
The T-Mobile award is critical to Finland's Nokia, whose results have been battered by years of slowing demand for