Canadian govt to provide $30 million in funding to Nokia for 5G research

The Canadian government will provide C$40 million ($30 million) in funding to telecom network equipment maker Nokia for research on 5G wireless technology. The funding to Finland-based Nokia will help understand how data is routed, how optical networks are managed and cybersecurity, a spokeswoman for the office of minister of Innovation, Science & Economic Development said in an email on Thursday.

The deal will be announced on Friday. ALSO READ: A 5G iPhone? Why Apple is in no rush to sell you one until 2020 Canada.

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