NOKIA Nokia Oyj

Nokia wins 5G deal with Viettel Group in Vietnam

Nokia wins 5G deal with Viettel Group in Vietnam

Press Release

Nokia wins 5G deal with Viettel Group in Vietnam

  • Nokia to introduce 5G network to Vietnam for first time; including modernizing 4G infrastructure.
  • Nokia to deploy first Vietnamese-made 5G solutions in country.
  • Supports Viettel Group strategy of advancing 5G infrastructure and digital transformation in Vietnam.



23 September 2024

Espoo, Finland – Nokia today announced that it has signed a major new deal with Viettel Group (Viettel) to deploy 5G equipment for the first time nationwide in Vietnam. The ambitious project will cover 22 provinces across the country and support Viettel’s strategy of advancing 5G infrastructure and digital transformation. The project will also see Nokia modernize Viettel’s 4G infrastructure. Deployment will begin this year.

Under the deal, Nokia will supply equipment from its industry-leading 5G AirScale portfolio for the first time in Vietnam covering 2,500 sites. This includes Nokia's next-generation AirScale baseband solutions, Massive MIMO radios, and Remote Radio Head products. These are all powered by its energy-efficient ReefShark System-on-Chip technology and combine to provide superior coverage and capacity. It marks the first 5G network in Vietnam where the deployed products have also been locally manufactured, highlighting Nokia’s commitment to the region.

Vietnam’s Ministry of Information and Communications has placed great importance on 5G as a critical national infrastructure that will enable sustained socioeconomic development through science, technology, and innovation. Vietnam’s digital economy is expected to contribute between 20% and 30% of GDP by 2030.

Mr. Tao Duc Thang, President & CEO at Viettel Group, said: “This important project with our long-term partner Nokia, will play a critical role in advancing Viettel Group’s strategy of deploying 5G infrastructure and driving digital transformation in Vietnam. 5G technology supports the development of national digital infrastructure and a digital service ecosystem, creating opportunities for economic growth and increased productivity.”

Tommi Uitto, President of Mobile Networks at Nokia, said: “Nokia is proud to be Viettel Group’s principal partner in this critical digital transformation project that will lay the foundations for Vietnam’s future competitiveness. Nokia has been a part of Vietnam's growth over the past three decades, and this initiative of enhancing local technology production continues to strengthen our bond with the country. Our AirScale portfolio offers premium connectivity, low latency, and reduced power consumption supporting Vietnam's digital future.”

Resources and additional information:

Webpage:

Webpage:

Webpage:

About Nokia

At Nokia, we create technology that helps the world act together.

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable, and sustainable networks today – and work with us to create the digital services and applications of the future.

Media inquiries

Nokia Press Office

Email:

Follow us on social media



EN
23/09/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Nokia Oyj

ABGSC Telecom Equipment Research ... (+2)
  • ABGSC Telecom Equipment Research
  • Simon Granath
 PRESS RELEASE

Nokia has published its Nokia in 2025 Annual Report and filed its Annu...

Nokia has published its Nokia in 2025 Annual Report and filed its Annual Report on Form 20-F for 2025   Nokia CorporationStock Exchange Release5 March 2026 at 18:30 EET Nokia has published its Nokia in 2025 Annual Report and filed its Annual Report on Form 20-F for 2025   Espoo, Finland – Nokia has today published its Nokia in 2025 Annual Report, which includes audited financial statements, the annual review by the Board of Directors, including the Sustainability Statement, Nokia’s Corporate Governance Statement and the Remuneration Report for the governing bodies for 2025. Additionally,...

 PRESS RELEASE

Nokia julkaisi vuoden 2025 vuosikertomuksensa ja vuoden 2025 Annual Re...

Nokia julkaisi vuoden 2025 vuosikertomuksensa ja vuoden 2025 Annual Report on Form 20-F -raportin Nokia OyjPörssitiedote5.3.2026 klo 18.30 Nokia julkaisi vuoden 2025 vuosikertomuksensa ja vuoden 2025 Annual Report on Form 20-F -raportin Espoo – Nokia julkaisi tänään Nokia vuonna 2025 -vuosikertomuksensa, joka sisältää tilintarkastetun tilinpäätöksen, hallituksen toimintakertomuksen, mukaan lukien kestävyysraportin, selvityksen Nokian hallinto- ja ohjausjärjestelmästä ja toimielinten palkitsemisraportin vuodelta 2025. Lisäksi Nokia julkaisi vuoden 2025 vuosikertomuksensa Yhdysvaltojen arvo...

 PRESS RELEASE

Notification under Chapter 9, Section 10 of the Finnish Securities Mar...

Notification under Chapter 9, Section 10 of the Finnish Securities Market Act: holdings of FMR LLC in Nokia Corporation exceeded 5% Nokia CorporationStock Exchange Release4 March 2026 at 16:30 EETNotification under Chapter 9, Section 10 of the Finnish Securities Market Act: holdings of FMR LLC in Nokia Corporation exceeded 5% According to a notification received under Chapter 9, Section 5 of the Finnish Securities Market Act (FSMA) by Nokia Corporation, the indirect holdings of FMR LLC have on 2 March 2026 exceeded 5% of the total number of shares in Nokia Corporation. The total number of...

 PRESS RELEASE

Arvopaperimarkkinalain 9 luvun 10 §:n mukainen ilmoitus: FMR LLC:n omi...

Arvopaperimarkkinalain 9 luvun 10 §:n mukainen ilmoitus: FMR LLC:n omistusosuus Nokia Oyj:stä ylitti 5 % Nokia OyjPörssitiedote4.3.2026 klo 16.30Arvopaperimarkkinalain 9 luvun 10 §:n mukainen ilmoitus: FMR LLC:n omistusosuus Nokia Oyj:stä ylitti 5 % Nokia Oyj on vastaanottanut Arvopaperimarkkinalain 9 luvun 5 §:n mukaisen ilmoituksen, jonka mukaan FMR LLC:n välillinen omistusosuus Nokia Oyj:n osakkeiden kokonaismäärästä on 2.3.2026 ylittänyt 5 prosentin rajan.  Nokia Oyj:n osakkeiden kokonaismäärä on 5 742 239 696 kappaletta ja jokainen osake tuottaa yhden äänen. llmoitukse...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch