Verizon rejigs private 5G team; Nokia nears private 5G sale?

Verizon Business has lost the executive who ran its private 5G unit, Jennifer Artley, adding to uncertainty in a market already unsettled by Nokia’s decision to exit its own private 5G business. Verizon says it remains committed to private 5G despite the leadership change.

Nokia, meanwhile, is drawing strong interest from potential buyers for its private 5G operation. The mix of executive turnover at Verizon and a likely sale at Nokia signals a reshaping of the private 5G landscape, as major suppliers and operators adjust their strategies in a market that has not grown as quickly as many predicted.