Nokia Announces Major 5G Partnership with Mitsubishi Electric

Finnish telecommunications giant Nokia has scheduled a major press conference for March 22, 2026. The event will take place at the company's headquarters in Espoo, Finland, starting at 9:00 AM Eastern European Time. Tech media and investors are anticipating details of what is being described as a major strategic partnership. The announcement is expected to focus on the development of next-generation 5G network technology. Nokia will announce a partnership with Japanese electronics manufacturer Mitsubishi Electric. The two companies will work together to develop Open RAN 5G network solutions. Open RAN is a key technology that allows for more open and interoperable radio access networks. This collaboration aims to create advanced solutions for the global telecommunications market. The agreement between Nokia and Mitsubishi Electric includes joint research and development efforts and a supply deal estimated to be worth 200 million euros. This financial commitment is structured over a three-year period. The partnership represents a substantial investment in the future of 5G infrastructure and open network architectures. This move by Nokia, a cornerstone of the Finnish tech sector, underscores ongoing activity in the Nordic technology landscape. The company's headquarters in Espoo is a central hub for innovation in Finland. The announcement is closely watched by industry analysts and competitors as a development in the global race for 5G supremacy and open network standards.