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Putting the Nokia-Telenor Contract In Perspective

Putting the Nokia-Telenor Contract In Perspective

Telecom companies, including AT&T (T) and Verizon (VZ) in the United States, Telenor in Europe, and Optus in Australia, are upgrading their network infrastructure in preparation for the rollout of 5G (fifth-generation) technology. Nokia (NOK) recently won a contract to overhaul Telenor’s cable network infrastructure, which connects major centers across Norway and Sweden.