Nokia and Telecom Egypt bring 5G to Egypt for the first time (NYSE:NOK)

Finnish telecoms gear maker Nokia (NYSE:NOK) has signed a new partnership with Telecom Egypt to bring 5G technology to Egypt for the first time, it said on Monday.
Under the agreement, Nokia (NOK) will deploy 5G radio access network equipment from its AirScale portfolio, comprising baseband units and its latest generation of Massive MIMO radios.
Deployment will take place later this year.
Earlier this year, Telecom Egypt secured the country’s first 5G license, which is valid for 15 years.
Source: Press Release