Nokia Wins $2 Billion European 5G Deal, Its Largest Contract This Year

Nokia Oyj secured a multi-year 5G equipment contract valued at approximately $2 billion. The deal involves a leading European telecommunications operator.

Nokia will supply its AirScale portfolio to upgrade network infrastructure across several key markets. The agreement includes 5G radio access network (RAN) equipment and other critical network components.

This contract represents one of Nokia’s largest publicly announced 5G deals this year. The announcement significantly increases the order backlog for the company's network infrastructure division.