Nokia sees network gear demand recovering

Nokia (NOKIA.HE) SEES demand for the Higher speed 4G network to begin to recover this equipment year, led by Japan, the company's chief executive Rajeev Suri said on Sunday, while a series of Contracts Announcing telecom operators with.
Rajeev Suri, Nokia's President and Chief Executive Officer, speaks during the Mobile World Congress in Barcelona, Spain February 26, 2017. REUTERS/Albert Gea
Rajeev Suri, Nokia's President and Chief Executive Officer, speaks during the Mobile World Congress in Barcelona, Spain February 26, 2017. REUTERS/Albert Gea

Speaking at a news conference ahead of the Mobile World Congress in Barcelona, announced a string of Suri 4G and 5G early deals in Britain and the United States, that promise to help nó core network business sales return to growth in coming years, he said.

The Finnish company reached Had a "landmark", 3-year deal with Telefonica to build networks in London 4.5g Higher speed, Suri said, adding có Had it displaced a rival supplier network there.

Nokia am also announced it was working with U.S. có telecoms carrier Verizon and semiconductor giant Intel to supply equipment for pre-printing services commmercial 5G U.S. Markets, Including Dallas.

Reuters

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