Nokia’s 5G Massive MIMO radio will be released soon
According to Nokia CEO, the company will soon release its 5G Massive MIMO radio
Massive MIMO uses base stations equipped with arrays made up of a large number of antennas. This allows a larger number of users to connect to the network at the same time.
Not only will the new Massive MIMO radio hit the market soon, sometime this quarter, but will also have wider bandwidth than a competitor’s model and be lighter in high volume configurations, according to Nokia’s Lundmark. The CEO didn’t say which competitor he was talking about, although Ericsson and Samsung recently each talked about their new 5G Massive MIMO radios. Nokia CEO added, “This whole 5G radio competitiveness issue will be central to the overall competitiveness of our cellular network business.”
During today’s conference call, an analyst asked if Nokia had any hope of making a comeback with Verizon. The country’s largest airline awarded Samsung a $ 6.6 billion 5G contract instead of Nokia last year. The CEO said the loss of Verizon’s business “was reflected in Nokia’s quarterly results in the second half of last year and that effect will intensify towards the end of the year.”
When asked about making a comeback with Verizon, Lundmark replied that Verizon is still one of Nokia’s top three customers, adding, “We do really good business with them in other sectors and continue to work with them on the radio on IP Networks. “Nokia CEO continued,” You may have noticed that Verizon listed us as one of their radio partners on their Capital Markets Day. There are many Nokia radios on their network. At the same time, the fact is that we don’t have any announced major 5G C-band radio deals with them. “
Nokia today announced that revenue in the first quarter of 2021 was up 3% year over year from $ 5.94 billion to $ 6.18 billion. The growth, small as it was, came from its network infrastructure group. Sales from the mobile unit decreased 4% on an annual basis.