T-Mobile and Nokia ink $3.5 billion, multi-year 5G network agreement

Press Release

Nokias largest 5G agreement globally will provide end-to-end 5G solutions for T-Mobiles nationwide 5G network

30 July 2018

Bellevue, Washington and Espoo, Finland - T-Mobile (NASDAQ: TMUS) and Nokia today announced a landmark $3.5 billion agreement to accelerate the deployment of a nationwide 5G network. Nokia will provide T-Mobile with its complete end-to-end 5G technology, software and services portfolio, assisting the Un-carrier in its efforts to bring its 5G network to market for customers in the critical first years of the 5G cycle.

We are all in on 5G, said Neville Ray, Chief Technology Officer at T-Mobile. Every dollar we spend is a 5G dollar, and our agreement with Nokia underscores the kind of investment were making to bring customers a mobile, nationwide 5G network. And together with Sprint, well be able to do So. Much. More.

As part of the agreement, Nokia will help build T-Mobiles nationwide 5G network with 600 MHz and 28 GHz millimeter wave 5G capabilities compliant with 3GPP 5G New Radio (NR) standards.

Nokia and T-Mobile will advance the large-scale deployment of 5G services throughout the United States, said Ashish Chowdhary, Chief Customer Operations Officer, Nokia. This is a testament to our companies strong and productive working relationship, one which has produced several important technological milestones in recent months, and which now allows us to make 5G a commercial reality.

5G promises to enable faster speeds, massive connectivity, decade-long battery life for sensors and super-responsive and reliable networks for customers. This will unleash on-demand virtual reality (VR) and augmented reality (AR) experiences, driverless vehicles, medical monitoring, advanced industrial automation services, and so much more - all requiring ubiquitous low latency connectivity.

T-Mobile will leverage multiple products across Nokias end-to-end 5G technology, software and services portfolio, including commercial AirScale radio platforms and cloud-native core, AirFrame hardware, CloudBand software, SON and 5G Acceleration Services.

Using 5G, Nokia and T-Mobile will develop, test and launch the next generation of connectivity services that will cover a wide range of industries, including enterprise, smart cities, utilities, transportation, health, manufacturing, retail, agriculture and government agencies.

Resources

Web Page: Nokia 5G Future X

Web Page: Nokia AirScale Radio Access

Web Page: Nokia AirScale Cloud RAN

Web Page: Nokia AirFrame data center solution

Web Page: Nokia 5G Services

Web Page: Plan your 5G transformation journey

Web Page: Start building commercial 5G networks today

Web Page: 5G Possibilities

About T-Mobile US, Inc.

As Americas Un-carrier, T-Mobile US, Inc. (NASDAQ: TMUS) is redefining the way consumers and businesses buy wireless services through leading product and service innovation. Our advanced nationwide 4G LTE network delivers outstanding wireless experiences to 74.0 million customers who are unwilling to compromise on quality and value. Based in Bellevue, Washington, T-Mobile US provides services through its subsidiaries and operates its flagship brands, T-Mobile and MetroPCS. For more information, please visit http://www.t-mobile.com.

About Nokia

We create the technology to connect the world. Powered by the research and innovation of Nokia Bell Labs, we serve communications service providers, governments, large enterprises and consumers with the industrys most complete, end-to-end portfolio of products, services and licensing.

We adhere to the highest ethical business standards as we create technology with social purpose, quality and integrity. Nokia is enabling the infrastructure for 5G and the Internet of Things to transform the human experience. www.nokia.com.

Media Inquiries:

T-Mobile US Media Relations

MediaRelations@t-mobile.com

T-Mobile Investor Relations

877-281-TMUS OR 212-358-3210

investor.relations@t-mobile.com

Nokia

Communications

Phone: +358 10 448 4900

Email: press.services@nokia.com

FORWARD-LOOKING STATEMENTS

It should be noted that Nokia and its businesses are exposed to various risks and uncertainties and certain statements herein that are not historical facts are forward-looking statements, including, without limitation, those regarding: A) our ability to integrate acquired businesses into our operations and achieve the targeted business plans and benefits, including targeted benefits, synergies, cost savings and efficiencies; B) expectations, plans or benefits related to our strategies and growth management; C) expectations, plans or benefits related to future performance of our businesses; D) expectations, plans or benefits related to changes in organizational and operational structure; E) expectations regarding market developments, general economic conditions and structural changes; F) expectations and targets regarding financial performance, results, operating expenses, taxes, currency exchange rates, hedging, cost savings and competitiveness, as well as results of operations including targeted synergies and those related to market share, prices, net sales, income and margins; G) expectations, plans or benefits related to any future collaboration or to business collaboration agreements or patent license agreements or arbitration awards, including income to be received under any collaboration or partnership, agreement or award; H) timing of the deliveries of our products and services; I) expectations and targets regarding collaboration and partnering arrangements, joint ventures or the creation of joint ventures, and the related administrative, legal, regulatory and other conditions, as well as our expected customer reach; J) outcome of pending and threatened litigation, arbitration, disputes, regulatory proceedings or investigations by authorities; K) expectations regarding restructu

LINK:	https://www.nokia.com/en_int/news/releases/2018/07/30/t-mobile-and-nok...
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