Nokia announces new five-year contract with Telefonica Germany

Nokia (NOK) announced a new five-year contract extension with its strategic partner, Telefonica (TEF) Germany to modernize and upgrade its nationwide radio access network until 2030. The agreement includes Nokia’s advanced Cloud RAN solutions and supports Telefonica’s ambitions for rapid 5G expansion and sustainable digitalization across Germany. Under the agreement, Nokia will supply its AirScale Radio Access Network portfolio, including Habrok Massive MIMO radios for the n78 spectrum band, Pandion multi-band remote radio heads, and AirScale Radio small cell solutions.