Wind Mobile secures $425M for new LTE network

TORONTO – Wind Mobile has secured $425 in new financing to help fund its LTE network upgrade using equipment and services supplied exclusively by Nokia Corporation.In the first of two announcements on Thursday, the company said that Nokia Networks will be its “sole network infrastructure provider and innovation partner” as it upgrades its network to LTE.Under the five-year deal, Nokia Networks will deploy new radio LTE, LTE virtualized core and OSS (NetAct to support the LTE and core elements), as well as a full cloud-based core based on OpenStack, which will include all of the elements: IMS, HSS, VoLTE, VoWi-Fi and Evolved Packet Core. Wind said that...