Orange Selects Nokia, Ericsson To Roll Out Standalone 5G

France's leading telecoms operator Orange SA ORAN, chose Nokia Oyj NOK to roll out the core network of the 'standalone' next generation of mobile internet, or 5G, in its home country.
Orange also chose Nokia parts for the core network of its standalone 5G in Slovakia.
France accounts for over 40% of Orange's yearly revenues and more than half of its core operating profits, Reuters reports. The French government holds a 23% stake in Orange.
Orange chose Telefonaktiebolaget LM Ericsson ERIC to deploy the same technology in Belgium, Spain, Luxembourg, and Poland.
In 2020, Orange had chosen Nokia and Sweden's Ericsson to deploy its 5G network in mainland France, as China's Huawei Technologies Co Ltd faced intense political scrutiny in Europe.
Price Action: ORAN shares traded lower by 1.79% at $12.08 in the premarket on the last check Monday.