PR81171

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

MUNICH, Oct. 21, 2019 /PRNewswire=KYODO JBN/ --

- 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.

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

Source: SkyFive GmbH