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Nokia’s 5G Massive MIMO radio will be released soon
Nokia’s CEO says the company will soon release its 5G Massive MIMO radio
Massive MIMO uses base stations equipped with groups of many antennas. This allows a larger number of users to connect to the network at the same time.
According to Nokia Lundmark, in addition to releasing its new Massive MIMO radio soon, for some time during the current quarter, it will have wider bandwidth than its competitor model and will also be lighter in large configurations. The manager didn’t say about the competitor he was talking about, although Ericsson and Samsung recently started talking about their new 5G Massive MIMO radios. Nokia’s CEO added: “This issue of the competitiveness of the entire 5G radio is absolutely central to the competitiveness of our mobile network business.”
During today’s conference call, an analyst asked if Nokia had hoped to return with Verizon. The country’s largest operator gave Samsung a $ 6.6 billion 5G deal last year. According to the CEO, the loss of Verizon’s business “began to show in Nokia’s quarterly results in the second half of last year, and its impact will continue to strengthen towards the end of the year.”
In response to a question about Verizon’s return, Lundmark said Verizon is still one of Nokia’s three largest customers, adding that “we have really good business with them in other areas, and we will continue to work with them on radio as well. IP networks.” Nokia CEO said that “You may have noticed that Verizon listed us as one of its radio partners on its Capital Markets Day. They have a lot of Nokia radio on their network. At the same time, the fact is that we haven’t announced large-scale 5G C-band radio deals with them.”
Nokia today announced that its sales in the first quarter of 2021 increased 3% year-over-year to $ 6.18 billion from $ 5.94 billion. Growth, as small as it was, came from its network infrastructure group. The mobile unit’s net sales decreased by 4% year-on-year.
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