Nokia Oyj

NOKIA

FI0009000681

Communications & Networking

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Nokia: to deploy a private 5G network for city of Memphis

Published on 07/14/2025 at 09:46 am EDT

NOKIA OYJ

+3.79%

Nokia announces that Memphis Light, Gas and Water (MLGW), the largest municipal utility in the United States, has selected it to install a standalone 5G private network. This project will support the modernization of the electric grid in Memphis and Shelby County, Tennessee, with the goal of reducing the impact of outages and speeding up service restoration for 420,000 customers.

MLGW becomes the first US municipal utility to adopt such a network. Nokia's solution, including AirScale equipment, 5G core network, microwave backhaul and NetGuard cybersecurity, will improve connectivity, resilience and operational efficiency.

Doug McGowen, CEO of MLGW, said that this will enable fast and reliable communication to automate and better control the network.

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Company Profile

Nokia Oyj specializes in the design, production and marketing of telecommunications equipment. Net sales break down by activity as follows: - development of network infrastructure solutions (40.1%): IP routers and optical networking solutions; - development of mobile broadband network solutions (39.2%): aimed in particular at telecommunications operators. In addition, the group offers professional services (network planning and optimization, systems integration, installation, implementation and maintenance of telecom networks); - software development (13.1%): software for customer experience management, network operations and management, communication, collaboration and billing, IoT solutions and cloud management platforms; - development of advanced technology (7.6%). Net sales are distributed geographically as follows: Europe (31%), North America (31.2%), India (7.7%), China (4.6%), Asia/Pacific (11%), Middle East and Africa (10.6%), and Latin America (3.9%).

Employees

78,005

Sector

Communications & Networking

Calendar

07-22 - Earnings release - Q2 2026

More about the company