Nokia Support

Nokia to Supply Sprint WiMax Project Friday January 5, 11:56 am ET Nokia to Supply Sprint Nextel for Next-Generation Wireless Network Based on WiMax

HELSINKI, Finland (AP) -- Nokia Corp. said Friday it will supply network equipment and develop mobile devices for a next-generation wireless network planned in the United States by Sprint Nextel Corp., which hopes to provide speedier Internet access using a technology called WiMax. ADVERTISEMENT

Nokia said it is joining Intel Crop., Samsung Electronics Co. and Motorola Inc. in the Sprint Nextel venture.

"Nokia shares Sprint Nextel's mobile broadband vision and is proud to join its industry-leading WiMax ecosystem," Chief Executive Olli-Pekka Kallasvuo said.

Under the deal, Nokia will provide Sprint Nextel with network infrastructure and develop and market WiMax -based mobile devices, including multimedia computers.

The value of the deal was not disclosed.

Sprint Nextel, based in Reston, Va., is the third largest U.S. wireless carrier with more than 51 million customers.

Nokia, the world's largest mobile phone maker, is based in Espoo near the Finnish capital. It has sales in 130 countries and employs 65,000 people.

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