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Nokia Corp on Monday said it signed an agreement with BT Group PLC focused on driving new 5G monetisation opportunities through telecommunication application programming interfaces. The Espoo, Finland-based telecommunications equipment company said the agreement with London-based telecommunications provider BT aims to develop new opportunities through Nokia’s network as code platform with developer portal platform and BT’s cloud-native network. Nokia said: ‘BT Group, which operates EE - the UK’s best mobile network - is, like other communications service providers, looking to Nokia’s growing ecosystem of developer partners to gain access to simplified network capabilities in the form of software code that can be built into applications for enterprise, industrial, and consumer use cases.’ Nokia added: ‘Through their agreement, Nokia and BT Group will make those tools available to developers so they can utilize BT Group’s network features, write new use cases, and create new value for EE customers.’ Reza Rahnama, managing director, mobile networks at BT said: ‘5G-era networks are fundamentally software-based and rich in capabilities such as improving network quality on demand that can really make a difference to enterprises and consumers in ways that were not possible years ago. We are excited to work with Nokia and its new platform to help us better tap into those capabilities that we have been aggressively building into our 5G network.’ Nokia shares fell 1.9% to €2.93 on Monday morning in Helsinki, while BT shares were 0.3% higher at 132.60 pence each in London. Copyright 2023 Alliance News Ltd. All Rights Reserved.
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