Nokia in talks with telcos to set up 5G networks
business Updated: May 25, 2016 08:28 IST
NEW DELHI: Nokia Networks is in talks with Indian telecom operators to start trials of next-generation 5G networks, even as the country is yet to see full-scale roll out of 4G-based voice and data services. The 5G technology will guarantee delivery of 100 megabit per second speed at homes, and will be able to handle 1,000 times more data traffic when it will be commercialised by 2020, said Milivoj Vela, head of mobile broadband, Nokia networks. Meanwhile, the Finnish telecom network equipment maker is likely to cut 10,000 to 15,000 jobs globally, following its acquisition of Franco-American rival AlcatelLucent, a Finnish union representative said.