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    Home > Finance > Verizon wins private 5G contract for UK's Thames Freeport
    Finance

    Verizon wins private 5G contract for UK's Thames Freeport

    Published by Global Banking & Finance Review®

    Posted on June 25, 2025

    2 min read

    Last updated: January 23, 2026

    Verizon wins private 5G contract for UK's Thames Freeport - Finance news and analysis from Global Banking & Finance Review
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    Tags:technologypartnershipinnovationtelecommunicationslogistics

    Quick Summary

    Verizon, in partnership with Nokia, will deploy private 5G networks at Thames Freeport, enhancing logistics and industrial operations.

    Verizon Secures Contract for Private 5G Networks at Thames Freeport

    (Reuters) -Verizon Business has won a contract to build multiple private 5G networks at Thames Freeport, one of Britain's busiest shipping and logistics centers, the U.S. telecom giant said on Wednesday.

    The deal, in partnership with Finland's Nokia, will see Verizon deploy private 5G networks across multiple industrial sites along the River Thames Estuary, including major ports and Ford's largest London manufacturing facility.

    Private 5G networks provide dedicated connectivity that avoids the congestion and speed variations of public networks shared by multiple users, enabling advanced industrial applications, such as artificial intelligence (AI).

    5G adoption in European ports is still at an early stage. The technology allows ports to handle larger volumes of data needed to run or track cargoes, cranes, drones and industrial sensors.

    The companies did not disclose financial details of the agreement, only describing it as supporting a "multibillion-dollar operational transformation" of the region.

    Thames Freeport is a 34 km-wide economic corridor established in 2021 as a designated UK "Free Trade Zone", offering a range of tax incentives and reliefs to businesses as part of efforts to revive the Thames Estuary region.

    Verizon has been working with Nokia to develop private networks for manufacturing and logistics companies in international markets where it lacks its own public network infrastructure.

    Nokia will serve as the sole hardware and software provider.

    The networks will serve DP World London Gateway and DP World Logistics Park - Britain's largest deep-sea container port handling over 3 million units annually -, the Port of Tilbury and Ford's Dagenham plant.

    Use cases will include AI-driven data analytics, predictive maintenance, process automation, autonomous vehicle control, safety monitoring and real-time logistics orchestration, Verizon said.

    (Reporting by Gianluca Lo Nostro in Gdansk; Editing by Matt Scuffham)

    Key Takeaways

    • •Verizon secures a contract for private 5G networks at Thames Freeport.
    • •Partnership with Nokia to deploy 5G across industrial sites.
    • •5G to support AI, predictive maintenance, and automation.
    • •Thames Freeport is a UK Free Trade Zone with tax incentives.
    • •5G adoption in European ports is still emerging.

    Frequently Asked Questions about Verizon wins private 5G contract for UK's Thames Freeport

    1What is the purpose of the private 5G networks at Thames Freeport?

    The private 5G networks will provide dedicated connectivity that avoids congestion and speed variations of public networks, enabling advanced industrial applications.

    2Who is partnering with Verizon for this project?

    Verizon is partnering with Finland's Nokia to deploy the private 5G networks across multiple industrial sites.

    3What are some use cases for the private 5G networks?

    Use cases include AI-driven data analytics, predictive maintenance, process automation, autonomous vehicle control, safety monitoring, and real-time logistics orchestration.

    4What is Thames Freeport?

    Thames Freeport is a 34 km-wide economic corridor established in 2021 as a designated UK 'Free Trade Zone', offering tax incentives and reliefs to businesses.

    5What is the significance of the contract for Verizon?

    The contract supports a 'multibillion-dollar operational transformation' of the region, enhancing logistics and industrial capabilities.

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