Verizon's private 5G business is going global.
The company announced today that it will partner with Nokia to bring private, dedicated 5G functionality to enterprises across APAC and Europe. This will enable businesses not only to transmit more data more quickly, but in an era of increased concerns over data security, it will eliminate the need to transmit sensitive data over public networks.
With its 5G Lab in London and the recent announcement of 5G roaming in South Korea, this latest move demonstrates Verizon's continued commitment to 5G, the 5th generation of mobile network technology, designed to be faster and more reliable with a significantly higher capacity for simultaneous device use than its predecessors.
"If the past few months have taught us anything, it’s that there’s never been a more critical time for mobility, broadband and cloud products and services," said Tami Erwin, CEO, Verizon Business.
"Private 5G networks will be a transformative technology that will drive the new era of disruption and innovation for enterprises around the world."