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Nokia, Digita and CoreGo collaborate to enhance the customer experience at large events
GlobeNewswire News Room· 2025-04-10 07:00
Press ReleaseNokia, Digita and CoreGo collaborate to enhance the customer experience at large events Nokia Digital Automation Cloud (DAC) private wireless ensures fast and reliable payment transactions and seamless network connections.Quick verification and seamless payment solution enable customers to enjoy events without delays. 10 April 2025 Espoo, Finland – Nokia and Digita today announced that they are expanding their partnership with CoreGo, a company specializing in payment and access control soluti ...
Nokia earns GigaOm Leader and Outperformer ranks for Data Center Switching solution
GlobeNewswire News Room· 2025-04-07 07:00
Press ReleaseNokia earns GigaOm Leader and Outperformer ranks for Data Center Switching solution Nokia’s Data Center solution was recognized for its extensive hardware portfolio, operations and management, strong NetOps suitability and focus on AI capabilitiesThe Nokia Event-Driven Automation (EDA) platform earned high marks for its highly automated design, deployment and operations processes.GigaOm evaluated nine leading Data Center switching vendors based on a comprehensive set of criteria 7 April 2025Es ...
Will the Expanded Collaboration With Bharti Airtel Benefit Nokia?
ZACKS· 2025-04-03 18:05
Nokia Corporation (NOK) recently revealed that it has expanded its collaboration with Bharti Airtel to enhance 4G and 5G network infrastructure across India, leveraging its Packet Core appliances and Fixed Wireless Access solutions. Digging Deep Into the NOK-Airtel DealNokia’s state-of-the-art infrastructure-agnostic packet core solution offers critical components required for a webscale-class evolved packet core and 5G core system. The solution’s virtualized, cloud-native disaggregated and state-efficient ...
Nokia Inks Patent License Agreement with Amazon: Stock to Gain?
ZACKS· 2025-04-01 15:51
In 2023, Nokia accused Amazon of unauthorized use of its video technology. The lawsuit was filed against Amazon in India, the United States, Germany and the European Unified Patent Court. However, the recently signed deal put an end to all the legal disputes. The new agreement offers Amazon access to Nokia's multimedia technologies which will effectively enhance Amazon's streaming services and its Prime video content portfolio. Will NOK Stock Benefit From Strong Licensing Momentum? Nokia has kickstarted 202 ...
Nokia Chosen by DFN to Boost Scientific Research With Green IP Network
ZACKS· 2025-03-27 14:10
Nokia (NOK) has been chosen by Deutsches Forschungsnetz e.V. (“DFN”), Germany’s National Research and Education Network, to modernize and expand the latter’s IP core network across the country. With this upgrade, DFN is equipped with Nokia’s advanced IP routing solution, delivering greater bandwidth, increased capacity and up to 75% reduction in power consumption — paving the way for a more sustainable and efficient future in scientific research.How Nokia is Helping DFN Build a Green IP NetworkDFN operates ...
Deutsches Forschungsnetz selects Nokia to accelerate scientific research with a high-capacity green IP network
GlobeNewswire News Room· 2025-03-26 08:00
Core Insights - Nokia has renewed and expanded the Deutsches Forschungsnetz (DFN) IP core router network in Germany, enhancing bandwidth and reducing power consumption by up to 75% [1][10] - The upgrade will increase connectivity from 100G to 400G, with potential for future upgrades to 800G as demand increases [4][10] - DFN operates one of the largest non-commercial research and education networks globally, connecting approximately 850 locations with a backbone of 10,250 km of optical fiber [3][12] Company and Industry Overview - DFN provides high-throughput connectivity essential for researchers to access supercomputers and large-scale data repositories, facilitating efficient collaboration [2][10] - The collaboration with Nokia emphasizes the importance of robust and scalable IP routing technology in supporting the scientific community's growth [7][10] - Nokia's deployment includes a full suite of professional services, ensuring a smooth transition and operation of the upgraded network [5][10]
Nokia expands collection of broadband applications for Service Providers to monetize the connected home
GlobeNewswire News Room· 2025-03-26 07:00
Press release Nokia expands collection of broadband applications for Service Providers to monetize the connected home Nokia Corteca Marketplace provides Communication Service Providers (CSPs) with access to the largest collection of value-added applications for broadband devices.CSPs can easily manage applications with Corteca via prpl lifecycle management (LCM) and TR-369 standard-based protocols. Developers and CSPs can use Nokia’s open-source Corteca Developer Toolkit to quickly develop new appli ...
Will Nokia Gain From the Expansion of Wi-Fi 7 Enabled FWA Portfolio?
ZACKS· 2025-03-24 19:40
Core Insights - Nokia Corporation has launched the FastMile Gateway 4, a Wi-Fi 7-enabled compact 5G indoor gateway, enhancing its Fixed Wireless Access (FWA) portfolio to improve consumer experience with 5G speeds [1][5] Product Features - FastMile Gateway 4 features high-gain antennas (up to 8 decibels), dual-band Wi-Fi 7, four carrier aggregations, and up to 300MHz of bandwidth, optimizing radio capacity and coverage [2] - The device supports 8RX and 3TX capabilities, enhancing spectrum efficiency and enabling faster speeds, with Wi-Fi 7's multi-link operation delivering up to 4 Gbps of Wi-Fi capacity [2] - The solution is powered by Nokia's Corteca software, offering cloud-based Wi-Fi optimization and device management, and is supported by a user-friendly mobile app for installation guidance [3] Market Demand and Positioning - The demand for high-speed broadband services is increasing due to the rise of smartphones and multi-gigabit fiber broadband, necessitating network tuning and optimization [4] - Nokia's expertise in mission-critical networks is established, with deployments across over 2,600 enterprise customers in various sectors [4] Portfolio Expansion - The addition of FastMile Gateway 4 expands Nokia's FWA portfolio to four different Wi-Fi 7 models, providing operators with a broader range of solutions to meet customer needs [5] - This expansion is expected to address the growing demand for reliable and fast 5G and Wi-Fi 7 connectivity [5] Financial Outlook - The advancements in Nokia's solutions are anticipated to generate incremental demand, leading to higher revenues and improved financial performance [6] - Nokia's stock has gained 50.9% over the past year, outperforming the industry's growth of 44.4% [7]
Bringing fiber to the next billion homes: Nokia automates fiber deployments with Broadband Easy
GlobeNewswire News Room· 2025-03-24 08:00
Press ReleaseBringing fiber to the next billion homes: Nokia automates fiber deployments with Broadband Easy Nokia Broadband Easy digital platform and services accelerate fiber rollouts by 20%. Advanced automation and AI models make fiber buildouts better and more efficient. Lower total cost of ownership (TCO) of fiber deployments enables broadband providers to extend coverage to unconnected and underserved communities. 24 March 2025Amsterdam, Netherlands – Nokia today announced the launch of Broadband Eas ...
Norsk Hydro: Hydro invests NOK 1.65 billion to supply Europe's electric infrastructure with low-carbon aluminium
GlobeNewswire News Room· 2025-03-21 07:00
Core Viewpoint - Hydro is investing in a new wire rod casthouse at its aluminium smelter in Karmøy, Norway, to supply low-carbon aluminium for critical energy infrastructure in Europe, with production expected to start in 2028 [1][2][3]. Investment Details - The new casthouse will have a capacity of 110,000 tonnes per year and is Hydro's largest investment in Norway in the last ten years, with completion scheduled for the first quarter of 2028 [2][8]. - The investment is part of Hydro's annual investment plans, amounting to approximately NOK 15 billion [8]. Market Context - Norway currently produces 40 percent of the aluminium in Europe, and aluminium is classified as a critical material by the EU [2]. - The demand for low-carbon aluminium is increasing, driven by the energy transition and the need for renewable energy transportation [4][5]. Competitive Advantage - Aluminium offers advantages such as weight, durability, and recyclability, making it a preferred material for energy infrastructure; for instance, an aluminium conductor weighs about 50 percent less than a copper conductor while maintaining the same electrical conductivity [4]. Future Outlook - The new casthouse will enhance product flexibility in a volatile aluminium market, particularly benefiting the automotive and building systems sectors [6]. - Hydro aims to be a stable and reliable supplier of aluminium solutions essential for Europe's energy transition and infrastructure development [7].