Verizon signs up Microsoft, Nokia to help clients build private 5G networks

By Supantha Mukherjee and Kenneth Li
STOCKHOLM/NEW YORK (Reuters) - Verizon <VZ.N> said on Monday it has struck deals with Microsoft <MSFT.O> and Nokia <NOKIA.HE> to improve the telecoms giant's ability to target business customers by offering clients the ability to automate factory floors, lower costs and speed up data traffic through private 5G networks.
Private 5G networks remove the need for businesses to jostle for speed with others on a public network and help enable data-intensive applications that use computer vision, augmented reality and machine learning to increase productivity.
Azure, Microsoft's cloud computing business, will run on top of Verizon's 5G network to processes the data generated by machines at the local facility and use artificial intelligence to automate operations. Microsoft launched the new service late last month directed at telecom operators.
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