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2015-09-11

NOKIA: Nokia, Ericsson and Intel Working Together on Next-Generation Wireless Connectivity for Internet of Things Market Segment

Espoo, Finland - Nokia, Ericsson and Intel Corporation today announced their
support for Narrow-Band Long-Term Evolution (NB-LTE) technology as the ideal
wireless connectivity solution for the growing Internet of Things (IoT)
market segment.

NB-LTE is an optimized variant of the widely deployed 4G LTE technology, and
is well-suited for the IoT market segment because of its low implementation
cost, ease of use and power efficiency. Nokia plans to work closely with
Ericsson and Intel to develop and bring to market the products needed for the
commercialization of NB-LTE timed with market demand.

"We believe in building an ecosystem around NB-LTE to speed up the take-up of
the Internet of Things. This development will bring consumers benefits such
as enhanced and improved connectivity of devices, and at lower cost. This is
another extension of Nokia's aim to improve people's lives through a
programmable world where billions of people, things, sensors and devices are
connected," said Stephan Litjens, vice president, Portfolio
Strategy&Analytics, Nokia Networks.

"Cellular networks already cover 90 percent of the world's population so it
makes sense to leverage this global footprint to support and drive IoT
adoption through the standardization of Narrow-Band LTE. Working with Intel
and Nokia, Ericsson is driving the ecosystem to accelerate IoT growth and
ensuring a global foundation for a vast range of new IoT applications for
consumers, industry and government," said Thomas Norén, vice president and
Head of Product Management, Business Unit Radio, Ericsson.

Intel intends to support commercial roll-out of the technology with a roadmap
for NB-LTE chipsets and product upgrades beginning in 2016 that will enable
slim form factors. The products will add to Intel's growing LTE portfolio.
Nokia and Ericsson will provide the required network upgrades to support an
extension of existing LTE networks with NB-LTE optimized for low power
Machine-to-Machine communication.

"We are excited to collaborate with two leading network vendors Ericsson and
Nokia on the next wave of wireless innovation to connect the growing IoT
market segment, and to further grow the momentum for Intel's LTE portfolio
and roadmap with NB-LTE," said Stefan Wolff, vice president, Platform
Engineering Group and general manager of the Multi-Comms Business Unit,
Intel.

About Nokia

By focusing on the human possibilities of technology, Nokia embraces the
connected world to help people thrive. Our three businesses are leaders in
their fields: Nokia Networks provides broadband infrastructure, software and
services; HERE provides mapping, navigation and location intelligence; and
Nokia Technologies provides advanced technology development and
licensing.http://www.nokia.com

Media Enquiries:

Nokia
Communications
Tel. +358 (0) 10 448 4900
Email: press.services@nokia.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: NOKIA via Globenewswire

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