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Meeting rising consumer interest in 5G, Nokia Oyj (ADR)(NYSE:NOK) is expanding its focus into numerous areas of initial 5G mobility use cases, such as improved mobile broadband and ultra-low latency, ultra-reliable, communications. The company will attempt for accelerated 3GPP market standardization while establishing on early consumer experiences with Nokia 5G FIRST solution, released in February 2017 at Mobile World Congress.

The details

With interest for 5G mobility apps growing from operators, mainly in markets like the U.S., Japan, South Korea and China, Nokia will implement initial 5G specifications, improving 5G FIRST with the ‘3GPP’ 5G Phase 1 protocol. This air interface standard, which is expected to start next year, is intended to support different 5G devices and services.

The company will continue to expand and evolve 5G FIRST as a comprehensive solution, intended to lead broader market adoption of 5G, through both fixed and mobility applications, and testing numerous 5G use cases.

It is establishing on extensive field experience gained with Nokia 5G FIRST, which has resulted in valuable insights into segments such as use of radio propagation in increased frequencies, massive beamforming and MIMO, integration with current networks against standalone implementations, the application of small cells in 5G deployments and the significance of cloud RAN and cloud native core know-hows

These and several other of the major elements of 3GPP-based 5G execution will allow Nokia to expand the scope of interoperability assessment with many different devices. The company will also continue its application of advanced technologies, such as radio frequency and chipset innovations, in its end-to-end 5G plan.

Marc Rouanne of Nokia reported that there should be no uncertainty about the massive potential of 5G. By using this latest technology, the company is evolving its 5G plan to lead the industry rapidly towards the acceptance of standards-based commercial apps as early as 2019.

Performing so will need broad cross-industry support, and they call upon governments and regulators to free up and allow the use of spectrum at mid-, high- and low-frequency bands for assessments. This will permit strong assessment of 5G to materialize, so that together, they can offer one of the most vital new know-hows in history, one that will actually lead the Fourth Industrial Revolution.

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Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg, Equities.com, Hacked.com, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.