The Finnish company said on Tuesday that Nokia has reached an agreement with the UK’s largest BT to provide 5G , is one of the first major victories that the new CEO Pekka Lundmark has taken over.

This transaction will make Nokia BT the largest equipment provider, just a few months after the UK announced that it would ban China’s from entering the next-generation 5G telecommunications network.

The size of the contract was not .

According to sources, Nokia has won 63% of the BT contract, or about 11,600 broadcast stations.

Nokia currently powers the BT network in Greater London, Central and rural areas, but the new contract will add multiple towns in the UK.

Philip Jansen, CEO of BT Group, said that the agreement will allow it to continue to deploy and mobile networks, and digital connectivity is critical to the UK’s economic future.

According to the current ban, operators will not be able to purchase 5G components from Huawei from the end of this year and must remove all existing Huawei equipment from the 5G network before 2027. This provides opportunities for Nokia and Sweden’s Ericsson.

According to data from Moody’s, Nokia’s share of the global radio network (RAN) market in 2019 was 21%, compared with 29% for Ericsson and 31% for Huawei.

Although Nokia has won contracts with global operators, it suffered a setback earlier this month when Nokia lost to Samsung for its contract to supply new 5G equipment to Verizon.

READ  Watch Nokia show off its latest Android smartphone here

Under the new management of Nokia, Lundmark took over the top position last month, and telecommunications veteran Sari Baldauf became chairman in May.

© Thomson Reuters 2020

Xbox Series S, will the PS5 digital version fail in India? We discussed this on the weekly technical podcast Orbital, you can subscribe via Apple Podcast, Google Podcast or RSS, download the episode, or click the play button below.