Nokia signs five-year C-Band deal with AT&T [telecom]

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By Jignesh Mehta

Nokia (NYSE:NOK) has signed a five-year deal with AT&T (NYSE:T) to deploy the mobile operator's C-Band network in parts of the U.S.

AT&T will deploy Nokia's C-Band portfolio to increase network capacity and to support both indoor and outdoor 5G coverage.

AT&T will start deploying the first phase of the C-Band spectrum towards the latter part of 2021 as it becomes available.