Nokia will deploy 5G radio access network (RAN) equipment from its AirScale portfolio, comprising baseband units and its latest generation of Massive MIMO radios. These solutions utilize Nokia's energy-efficient ReefShark System-on-Chip technology, delivering extensive 5G capacity and coverage as well as enabling easy deployments. Nokia will offer professional services, encompassing deployment, integration, and network optimization. Earlier this year, Telecom Egypt has secured the country's first 5G license, which is valid for 15 years. Telecom Egypt has reported revenue of EGP 17.487 billion during the first-quarter of 2024. Telecom Egypt's capital expenditure (Capex) in Q1 2024 touched EGP 1.638 billion, representing Capex-to-sales ratio of 9 percent.