Nokia to team up with YADRO to build 4G, 5G base stations in Russia

FILE PHOTO: A view of the logo at the headquarters of the Finnish telecoms company Nokia in Espoo, Finland March 16, 2021. Lehtikuva/Heikki Saukkomaa via REUTERS

MOSCOW (Reuters) - Nokia and Russia's YADRO plan to set up a joint venture to build 4G and 5G telecom base stations in Russia, the two equipment makers said on Wednesday, as a deadline for building networks using only Russian equipment approaches.

Russia has said it will extend telecoms operators' licenses beyond 2023 for LTE (long-term evolution) networks on the condition that they start building networks using only Russian equipment, part of a wider push by Moscow to promote domestic technology and IT services.