SkyFive Completes the Purchase of Nokia's Air-to-Ground Assets to Create World's First Specialist for Digital Broadband Networks for the Aviation Industry

- Nokia and SkyFive, world's first specialist for Air-to-Ground (A2G)
communications, have closed a transaction on the sale and transfer
of Nokia's A2G assets.
- A substantial part of Nokia's A2G patents, portfolio, and employees
are transferring to SkyFive, an independent A2G communications
specialist previously created by former Nokia Senior Executives.
- With the transferred assets, SkyFive is in a unique position to
address the needs of the aviation industry for true broadband
connectivity in the sky, based on a comprehensive end-to-end
solution and the proven capabilities of the enlarged team.
- Following the successful deployment and launch of the European
Aviation Network (http://www.europeanaviationnetwork.com/), SkyFive
and Nokia are planning to expand A2G into other regions, with
SkyFive taking responsibility for the end-to-end solution, and
Nokia continuing to be the provider of the ground network
technology.

Munich (ots/PRNewswire) - SkyFive today announced that it
successfully acquired a substantial part of Nokia's Air-to-Ground
(A2G) assets and capabilities.

SkyFive combines the aviation and telecommunications worlds in a
unique way to enable a breakthrough in aviation digitization and
address the airlines' increasing needs for connectivity with a
high-performance, future-proof, and cost-effective solution based on
4G and 5G standards.

With the purchased assets, SkyFive becomes world's first A2G
communications specialist. SkyFive assumes responsibility for the
end-to-end solution, which comprises avionics, telecommunications,
and IT systems. Nokia continues to be responsible for sales and
implementation of the ground network - an integral part of the
solution - to Communication Service Providers, based on its strong
technology and delivery capabilities.

Thorsten Robrecht, CEO at SkyFive: "SkyFive is truly excited by
this acquisition of Nokia's market-leading A2G assets and portfolio.
For us, this transaction constitutes a major step forward on our
journey to provide true broadband connectivity services in the sky,
and it serves as a springboard for global expansion."

Chris Johnson, Vice President of Nokia Enterprise at Nokia: "For
network operators and other A2G customers the collaboration between
SkyFive and Nokia ensures that we continue to lead the A2G market
with the focus that is needed to be successful in this innovative
area."

Meet SkyFive at the Dubai Airshow on November 17-21, to learn more
about their plans for expansion into the Middle East as well as other
global aviation hubs.

Media inquiries:
SkyFive Communications
Phone: +49-151-55153556
www.skyfive.world
press@skyfive.world

ots Originaltext: SkyFive GmbH
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Original-Content von: SkyFive GmbH, übermittelt durch news aktuell