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Nokia Corp - Espoo, Finland-based telecoms equipment maker - Wins ‘significant 5G deal’ having been selected as new supplier for VodafoneThree in the UK, to support the latter’s ‘network modernisation drive’. This follows the creation of VodafoneThree in May through the merger of Vodafone UK and Three UK, with VodafoneThree 51% owned by Vodafone and 49% by CK Hutchison Holdings Ltd’s subsidiary CK Hutchison Group Telecom Holdings Ltd. Vodafone said in early June that VodafoneThree will invest £11 billion over the next decade to create ‘one of Europe’s most advanced 5G networks’. Nokia will supply equipment from its ’AirScale’ Radio Access Networks portfolio and its Core Networks portfolio, to ‘deliver a ’best-in-class’ advanced 5G network experience to VodafoneThree’s customers, ’unlocking new use cases such as AR, VR and Fixed Wireless Access‘. Contract represents Nokia’s return as a UK RAN supplier to both Vodafone and Three. The AirScale equipment, powered by Nokia’s ReefShark system-on-chip technology, will be supplied to approximately 7,000 sites. Nokia says it has also won a separate contract to ’maintain the existing Three UK core for years to come‘. Current stock price: €4.01, flat in Helsinki on Monday 12-month change: up 4.2% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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