Nokia's Next-Generation 5G Network Systems Are Ready To Go

Finnish network infrastructure veteran Nokia (NYSE: NOK) is bringing a next-generation radio access network (RAN) platform to market this year, followed by another generation in 2022. Early adopters of Nokia's 5G solutions need not worry -- the cloud-based Nokia 5G AirScale Cloud Ran wireless networking system are designed to reuse and upgrade existing network assets.

The first-generation 5G AirScale platform was first installed in a commercial network in early 2019. Nokia commands a 27% global market share in the combined market for 4G and 5G systems, according to management comments in April's first-quarter earnings call.

Nokia has tested its second-generation virtual RAN solutions by completing 5G data calls on a commercial 5G device with an end-to-end system built on Nokia's cloud-based RAN technology. The solution is now ready for installation in real-world wireless network systems.

Source Fool.com