Nokia in a statement Tuesday said that it is aware of AT&T’s Open RAN plans, and expects its revenue from AT&T to decrease over the next two to three years.
Ericsson and AT&T are collaborating in an industry-defining roughly $14 billion five-year network transformation and digitalisation strategic agreement to pioneer the path to programmable and intelligent networks of the future.
It was widely reported yesterday that Ericsson had won the lucrative AT&T contract from Nokia, sending the Swedish company s share price soaring and that of its Finnish rival plummeting.
Nokia lowers guidance after AT&T picks Ericsson for Open RAN telecoms.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telecoms.com Daily Mail and Mail on Sunday newspapers.