Japanese telecom behemoth SoftBank has selected Nokia as a strategic partner to drive its commercial 5G offering.

Nokia has selected HCL Technologies for outsourced IT management services.

Nokia has acquired SpaceTime Insight, a San Mateo, California-based Internet of Things (IoT) company with offices in the U.S., Canada, U.K., India and Japan.

Nokia, Intel and Verizon are collaborating on Cloud RAN architectures for 4G, 5G and IoT in the cloud. The first milestone in developing Verizon's vRAN 1.0 architecture and path to commercialization was a trial of Cloud RAN in Oklahoma City.

Nokia has signed an agreement with Japanese mobile operator NTT DOCOMO to supply 5G baseband products for deployment in a mobile network planned to be in commercial service by 2020.