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Nokia Invests in nBand Communications

Nokia has made an equity investment in the broadband access technology company

June 18, 2001

1 Min Read

MOUNTAIN VIEW, Calif. -- nBand(TM) Communications, Inc., a broadband access technology company, announced today that Nokia (NYSE:NOK) has made an equity investment in the company. Pete Foley, president and CEO of nBand Communications, said, "We're delighted to have Nokia, a global leader in communications, as a corporate investor. We believe that the support of a communications industry giant, such as Nokia, helps to validate nBand's nFlex software broadband approach. Nokia is redefining the way that broadband services are being delivered to the home and small office, with solutions such as their Nokia RoofTop(TM) Wireless Routing mesh network. nBand is redefining how OEMs, such as Nokia, can come quickly to market with software-upgradeable broadband products." nBand Communications Inc. Nokia Corp.

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