Nokia (NOK) Partners With MEO to Upgrade Next-Gen Network

Nokia Corporation (NOK) has tied up with its long-standing partner, MEO, to fully leverage the potential of 5G technology. By joining forces on a multi-year 5G RAN (Radio Access Network) contract, the companies aim to harness the expertise of a highly skilled talent pool, utilize state-of-the-art tools and scale operational capabilities for increased value addition. In this challenging market situation, this deal would signify Nokia's re-entry into Portugal's RAN market, which is dominated by Huawei, its ma ...