Globally, Nokia is leading the 5G commercial contract race. Till date, the company claims to have bagged 37 commercial 5G contracts of which 20 contracts are with named customers including T-Mobile, AT&T, STC and Telia.
Nokia’s strategy is to lead in high-performance end-to-end networks for operators, expand to select vertical markets that need high-performing secure networks, build a strong standalone software business and create new licensing opportunities and the 5G-driven spending cycle that is now building momentum among operators.
Presenting the company’s 2018 financial performance and Group Annual Accounts, at the AGM, Rajeev Suri, President and Chief Executive Officer said, “5G is not the future anymore. It is here, and Nokia is leading it. We are winning deals and rolling out some of the world’s first 5G networks. We now have 37 5G commercial contracts – 20 with named customers including T-Mobile, AT&T, STC and Telia – and more than half of them include wider portfolio elements that our competitors cannot match.”
“We have some amazing technology. In fact, in pretty much every network where Nokia products are deployed, we are the performance leader. This doesn’t just happen on its own. It happens because we focus on excelling in the technology that matters the most. 5G is now accelerating and the power of Nokia’s end-to-end portfolio is being recognised,” added Suri.
On the other hand, Ericsson has announced 18 commercial 5G deals with telecom operators across North America, Europe, Asia and Australia. The deals include: US Cellular, T-Mobile, Verizon, Sprint, AT&T, Vodafone UK, Swisscom, Telenor, TDC, Wind 3, Ooredoo, STC, Batelco, Etisalat, KT, SK Telecom, Telstra and Optus.
The company has already deployed operational 5G networks based on commercial equipment in North America, Europe, Australia and Asia, both in midband and mmWave.
Speaking to DigiAnalysys, Magnus Ewerbring, Vice President, CTO Asia Pacific, Group Function Technology, Ericsson said, “Out of the 6 commercial 5G operations, Ericsson is supplying 5G equipment to five operators such as Verizon, AT&T, KT, SK Telecom and Swisscom.”
And all the commercial 5G operations are either on 28 GHz or 3.5 GHz added Ewerbring.
According to Ericsson report, globally there would be 1.5 billion 5G subscriptions by 2024 and the lead will be taken by North East Asian and the US operators. In terms of coverage, 5G will cover 40 percent by 2024 and mobile data traffic is expected to increase five times by 2024 thanks to massive machine type communications, critical machine type communications, enhanced mobile broadband and fixed wireless access applications.