Sprint Nextel and Nokia in WiMAX contract

Moldova.ORG -- Sprint Nextel today announced that Nokia has been named a key infrastructure and consumer electronic device provider for its 4G WiMAX next generation mobility network. Nokia will join Intel, Samsung and Motorola in creating the advanced network infrastructure and access devices which will be designed to allow consumers, businesses and governments to experience high bandwidth mobile Internet connectivity at access speeds significantly higher than today's wireless networks beginning late 2007.

"Sprint Nextel is forming a world class ecosystem around mobile WiMAX technology to deliver unprecedented mobile broadband services to customers," said Barry West, Sprint Nextel president, 4G Mobile Broadband. "A company of Nokia's global stature fortifies the foundation of Sprint's mobility vision and will help make Sprint's WiMAX multimedia services pervasive and indispensable for customers."

Under the agreement Nokia will be a major supplier to Sprint for WiMAX network infrastructure, including the market-leading Nokia Flexi WiMAX base transceiver stations which bring significant site and operating cost savings. Also.it will develop and market WiMAX-enabled mobile devices in significant volumes, including multimedia computers and Internet tablets.

"WiMAX is an ideal technology for open Internet models in all major global markets. With Sprint's leadership, the next generation network will offer innovative mobile broadband services, connecting people with content and technology in new and exciting ways," said Olli-Pekka Kallasvuo, President and CEO, Nokia Corp

Sprint Nextel is expecting to invest up to $800 million in 2007 and between $1.5 billion and $2 billion in 2008 relating to the 4G WiMAX mobile broadband network. Sprint Nextel's aim is to have a broad range of mobile WiMAX As a result, customers will experience an interactive mobile data network that is designed to offer faster speeds, lower cost, greater convenience and enhanced multimedia content.

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