07:28 AM EDT, 07/15/2024 (MT Newswires) -- Nokia ( NOK ) said Monday it has entered a new partnership with Telecom Egypt to bring 5G technology to Egypt for the first time.
Financial details weren't disclosed.
The collaboration aims to introduce 5G to cities including Alexandria, Aswan, Cairo, Giza, and Luxor. Deployment will take place later this year, the company said. Nokia ( NOK ) said it will deploy 5G radio access network equipment from its AirScale portfolio and will also offer various professional services, encompassing deployment, integration, and network optimization.
Telecom Egypt secured the country's first 5G license earlier this year, which is valid for 15 years, Nokia ( NOK ) said.