Indosat Pushes for 5G Growth with Nokia Deal
Deal News | Dec 20, 2024 | fitch media ventures
Indosat Ooredoo Hutchison has formalized a partnership with Nokia to expand its 4G and 5G network capabilities, aiming to quicken the spread of cutting-edge telecommunications technologies in Indonesia. The agreement highlights Indosat’s commitment to elevating connectivity across the country, utilizing Nokia's advanced infrastructure solutions. For Nokia, this partnership is aligned with its strategic vision to capitalize on the relatively higher growth rates in emerging markets. Indonesia, a rapidly growing telecommunications market, represents significant opportunities for innovation and expansion, anticipated to revise Indonesia's mobile connectivity forecasts upwards.
Sectors
- Telecommunications
- Technology
Geography
- Indonesia – The partnership between Indosat and Nokia aims to transform telecommunications within Indonesia, a key emerging market with growth potential.
Industry
- Telecommunications – Indosat's expansion of 4G and 5G networks is directly related to the telecommunications industry, focusing on enhancing mobile connectivity and technological infrastructure.
- Technology – Nokia's role in providing advanced network solutions positions this partnership within the technology sector, emphasizing network development and emerging tech adoption.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Indosat Ooredoo Hutchison | Target Company | Company | A leading telecommunications provider in Indonesia involved in the expansion of 4G and 5G networks. |
| Nokia | Partner | Company | A global technology corporation providing infrastructure solutions for Indosat's network expansion. |
| Fitch Media Ventures | PE Firm | Company | The source mentioning the Indosat-Nokia partnership, indicating possible involvement or interest in the telecommunications market. |