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Nokia's Solutions Used by CoreWeave to Boost Its Network Backbone
ZACKS· 2024-09-17 16:41
Nokia Corporation (NOK) recently announced that it has been selected by CoreWeave to deploy its state-ofthe-art IP routing and optical transport solutions in the latter's data centers in the United States and Europe to support high-performance AI infrastructure. Known for handling compute-intensive workloads and AI-centered applications, CoreWeave requires a networking backbone that ensures rapid and dependable customer access to its services. Additionally, as the demand for generative AI, ML, graphics and ...
Oi deploys Nokia Corteca to enhance Wi-Fi performance and customer experience
GlobeNewswire News Room· 2024-09-17 13:00
Press release Oi deploys Nokia Corteca to enhance Wi-Fi performance and customer experience Deployment of Nokia Corteca software suite, dimensioned for millions of Wi-Fi devices, is the largest to date in Latin America. Nokia Corteca home connectivity software suite improves Wi-Fi performance and enhances customer experience while helping operators unlock new revenue streams, reduce operational costs and manage assets with anti-theft functionality. Nokia's Corteca solution can increase peak hour Wi-Fi throu ...
Nokia launches industry's most modern data center automation platform built for the AI era
GlobeNewswire News Room· 2024-09-17 07:00
Press release Nokia launches industry's most modern data center automation platform built for the AI era Nokia Event-Driven Automation platform aims to reduce network disruptions and service downtime by driving human error in network operations to zero. Multivendor solution brings a modern intent-based approach to network automation, building on Kubernetes. Features digital twin capabilities, GenAI assistance, and integration with wide range of IT service management systems, event notification systems, and ...
Nokia selected by CoreWeave to provide networking backbone behind hyperscale AI cloud
GlobeNewswire News Room· 2024-09-16 09:00
Press release Nokia selected by CoreWeave to provide networking backbone behind hyperscale AI cloud CoreWeave to deploy Nokia IP and optical platforms in datacenters across U.S. and Europe as part of massive wide area network buildout to support high-performance AI infrastructure Nokia ultra-fast, reliable performance at scale supports the lossless, low latency communications so critical to enabling the AI boom 16 September 2024 Espoo, Finland – Nokia today announced it has been selected by CoreWeave, the A ...
Nokia and OTE Group set dual world-record optical transmission rates over ultra long distances
GlobeNewswire News Room· 2024-09-12 07:00
Press Release Nokia and OTE Group set dual world-record optical transmission rates over ultra long distances Companies set new transmission rate records of 800Gbps over 2580 km and 900Gbps over 1290 km. Nokia's sixth generation of super-coherent Photonic Service Engine technology can reduce energy consumption. 12 September 2024 Athens, Greece: Nokia together with OTE Group, a member of Deutsche Telekom (DT), today announced two new optical transmission rate world records using Nokia's sixth generation of su ...
Nokia Solutions to Boost Armenia's Broadband Speed: Stock to Gain?
ZACKS· 2024-09-10 14:30
Nokia Corporation (NOK) recently inked an agreement with Team Telecom Armenia to deploy its 25G passive optical network (PON) fiber solution across the Asian country. With this, the telecom operator became one of the first carriers in the Caucasus and Central Asia regions to provide some of the fastest Internet speeds commercially available. How NOK Powers the PON Fiber Solution A PON is designed to provide a single fiber with the ability to maintain an efficient broadband connection for multiple end users. ...
Can Nokia Stock Gain on Multi-Year AT&T Fiber Deal After Earlier Snub?
ZACKS· 2024-09-04 14:11
Nokia Corporation (NOK) recently secured a multi-year agreement for an undisclosed amount from AT&T Inc. (T) to help modernize the fiber infrastructure of the telecom carrier. Per the five-year deal, Nokia will deploy its Lightspan MF and Altiplano platforms to develop state-of-the-art networks to cater to the growing demand for more capacity and enhanced broadband services. What Tilted the Scales for NOK? Nokia has made significant progress on its three-phased journey of value creation: Reset, Accelerate a ...
Nokia to Expand Research Facility in Chennai: Stock to Benefit?
ZACKS· 2024-09-03 17:06
Nokia (NOK) recently inked a Memorandum of Understanding (MoU) with the Tamil Nadu government to expand its fixed Networks R&D lab in Chennai, India. The expansion highlights Nokia's commitment to developing cutting-edge technologies aimed at connecting underserved areas and bridging the digital divide in the subcontinent. NOK's Focus on Advanced Technologies The expanded facility will likely serve as a key hub for Nokia's Fixed Networks operations. It is expected to foster Nokia's technology innovations in ...
Nokia comments on trading activity of its stock
GlobeNewswire News Room· 2024-08-29 19:30
Nokia Corporation Stock Exchange Release 29 August 2024 at 22:30 EEST Nokia comments on trading activity of its stock Espoo, Finland - Nokia is issuing this stock exchange release in response to the recent trading activity of its stock due to a market rumour. Nokia has nothing to announce in relation to the speculations published in an article today, and no related insider project exists. Nokia is committed to the success of its Mobile Networks business, a highly strategic asset for both Nokia and its custo ...
Nokia, Bite Group to Drive 5G Evolution in Latvia and Lithuania
ZACKS· 2024-08-29 18:06
Nokia Corporation (NOK) recently announced that Bite Group had decided to deploy its state-of-the-art Cloud Packet Core solution to propel the latter's transition toward advanced 5G services and streamline network architecture across Latvia and Lithuania. This strategic move is set to revolutionize the capacity and performance of Bite Group's core network, aiming to deliver more efficient and high-speed mobile services to its growing customer base. NOK's Modular and Flexible Network Architecture Nokia's Clo ...