Indian Telecom giant Airtel Services has now made an agreement with tech giant Nokia to expand its network and services. This partnership will mainly focus on 5G technology standards and the management of connected devices. The deal is worth INR 7,500 Crore.
Following are the statements made by both of the sides of the agreement.
5G and IoT applications have tremendous potential to transform lives and we are pleased to partner with Nokia to enable these future technologies for our customersBharti Airtel Director – Network Services (India and South Asia) Abhay Savargaonkar said.
Under a new agreement, Nokia and Airtel will collaborate to drive the definition and development of these new services with a focus on taking the path to 5G network connectivityNokia in a statement
Nokia mentioned in a blogpost that, The partnership will address the emerging requirements of enterprises across banking, financial services and insurance (BFSI), information technology-enabled services (ITES), media and services, manufacturing and distribution with technologies such as cloud, IoT, artificial intelligence and machine learning, and edge computing concepts.
Airtel and Nokia partnership will open the doors for Industry 4.0 revolution with private LTE for the enterprises in India.
Telecommunication service providers play a key role in transforming Digital India. We are delighted to partner with Airtel as the operator leads the way in driving the 4th industrial revolution in India for enterprises. Nokia will contribute with our end-to-end portfolio and deep industry expertise with over 120 private wireless customers across industries globallyNaresh Asija, Vice President & Head of Customer Team for Bharti Airtel at Nokia
Team The Tech infinite wishes both of the companies a very good luck for their new venture.