T-Mobile US named Nokia to supply it with $3.5 billion in next-generation 5G network gear, the firms said on Monday, marking the world’s largest 5G deal so far and concrete evidence of a new wireless upgrade cycle taking root.
No.3 U.S. mobile carrier T-Mobile—which in April agreed to a merger with Sprint to create a more formidable rival to U.S. telecom giants Verizon and AT&T—said the multiyear supply deal with Nokia will deliver the first nationwide 5G services.
