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Bell And Nokia Complete First Trial Of 5G Mobile Technology In Canada

T.BCE, NOK

BCE Inc. (USA) (NYSE: BCE)'s unit, Bell, revealed that it demonstrated Fifth Generation (5G) mobile technology successfully in alliance with Nokia Corp (ADR) (NYSE: NOK). The company said that the trial leveraged spectrum in the 73 GHz range to accomplish sustained data speeds of over six times quicker than top 4G mobile speeds that is currently available in Canada. The trial was conducted at Bell's Wireless Innovation Centre in Mississauga.

The two companies expect the 5G to be available widely within the next five to seven years, offering considerably quicker data speeds than current 4G networks. It would also provide capacity to meet the demands of mobile customers for broadcast video and Internet of Things (IoT) apps. This included connected vehicles and city-wide IoT solutions.

Related Link: Vetr Crowd Downgrades Nokia To 2.5 Stars

Incidentally, Bell is a member of the Next Generation Mobile Networks consortium (ngmn.org), the International body defining requirements for the global 5G ecosystem.

Its CTO and EVP, Stephen Howe, commented, "Bell's strategic focus on driving broadband network and service innovation has been key to our transformation into Canada's wireless leader. The success of the first 5G trial means we are well positioned to lead the way to the next generation of mobile technology."

BCE shares traded $0.16 or 0.34 percent up at $47.73 while Nokia traded $0.01 or 0.17 percent at $5.75 on Friday at the time of writing this.

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