VNPT and Nokia Sign Agreement on Digital Infrastructure Development

Oct 2021

Vietnam Posts and Telecommunications Group (VNPT) and Finnish IT and consumer electronics company Nokia have signed a cooperation agreement with the aim to upgrade and develop VNPT’s digital infrastructure. The signing ceremony took place in Finland.

Under the partnership, VNPT and Nokia agreed to strengthen strategic cooperation to upgrade the capacity of VNPT’s backbone and core networks, develop 4G, 5G and Internet of Things (IoT) platforms, continue the commercial testing of 5G services, and cooperate in developing and applying new networking technology.

The deal is expected to lead to new opportunities related to technological solutions for corporate customers, and the two parties will also consider the possibility of cooperation in other fields in the future.

Vietnam is currently speeding up digital transformation and developing the digital economy. By investing in Vietnam and enhancing cooperation between both parties, Nokia could prepare the country for expansion to other ASEAN countries, according to National Assembly Chairman Vuong Dinh Hue.

Nokia’s leaders affirmed that the corporation maintains a long-term strategy in VietNam.

(Sources: Scandasia, Vietnamnews)

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