Workflow
Nokia(NOK)
icon
Search documents
Nokia Shares Gain 20% in the Past 6 Months: Reason to Buy NOK Stock?
ZACKS· 2024-08-28 14:25
Buoyed by a holistic growth model, Nokia Corporation (NOK) is currently trading at $4.22, close to its 52- week high of $4.225. The stock has gained 19.6% over the past six months compared with the industry's growth of 19.1%, outperforming peers like Comtech Telecommunications Corp. (CMTL) but lagging Ericsson (ERIC) . Nokia is well-positioned for the ongoing technology cycle, given the strength of its end-to-end portfolio. The company's deal win rate is encouraging with notable successes in the key 5G mark ...
Nokia brand owner launches Barbie phone for $130 — with no internet
CNBC· 2024-08-28 14:13
The HMD Barbie phone is a co-branded product with Mattel, the toymaking giant behind the franchise. HMD, the company behind Nokia-branded phones, launched a Barbie-branded phone Wednesday that comes with calls, texts, and a classic "flip" design — but no internet or social media apps. The HMD Barbie Phone is a hot pink device that flips open and shut and sports a bold "Barbie" logo on the back, harking back to the iconic fashion doll collection. It is the result of a partnership with Mattel, the toymaking g ...
Bite Group selects Nokia's Packet Core to drive 5G evolution and to simplify and enhance network capacity
GlobeNewswire News Room· 2024-08-28 07:00
Press release Bite Group selects Nokia's Packet Core to drive 5G evolution and to simplify and enhance network capacity Deployment will increase Bite Group's business agility, optimize network operational costs, and enable more rapid delivery of new services. Nokia's appliance-based Packet Core solution seamlessly integrates 2G, 3G, 4G, and 5G technologies into a single set of servers for millions of subscribers. 28 August 2024 Vilnius, Lithuania and Espoo, Finland – Bite Group has selected Nokia's Packet C ...
Nokia selected by Claro Argentina for 5G network deployment
GlobeNewswire News Room· 2024-08-27 07:00
Press Release Nokia selected by Claro Argentina for 5G network deployment Nokia to provide equipment from its industry-leading AirScale portfolio, including services. 5G to underpin digital revolution across Argentina supporting vertical sectors, including manufacturing, and oil and gas. Claro Argentina first customer to deploy Nokia's Interleaved Passive Active Antenna (IPAA+) across its entire site footprint. 27 August 2024 Espoo, Finland – Nokia today announced it has signed a comprehensive 5G deal with ...
Nokia (NOK) Solutions to Boost Malaysia's Data Center Connectivity
ZACKS· 2024-08-22 14:00
Nokia and Telekom Malaysia Partnership - Nokia has partnered with Telekom Malaysia to deploy a Dense Wavelength Division Multiplexing (DWDM) network, enhancing data center connectivity across Malaysia [1] - The network will span from the Malaysia-Thailand border to the Malaysia-Singapore border, linking key data centers and supporting exponential data traffic growth [2] - Nokia's fifth-generation super-coherent Photonic Service Engine (PSE-Vs) will be central to the network, offering high transmission performance and low energy consumption [3] Strategic Benefits for Nokia - The partnership strengthens Nokia's position in the Asia-Pacific region and highlights its leadership in optical networking solutions [4] - Nokia will supply both technical expertise and locally manufactured DWDM gear, enhancing its revenue potential in the growing market [4] - The company is well-positioned for the ongoing technology cycle, leveraging its end-to-end portfolio and high-capacity AirScale products to drive 5G adoption [5] Nokia's Business Expansion and Innovation - Nokia aims to create new business and licensing opportunities in the consumer ecosystem, focusing on demand-driven operations and flexible automation [6] - The company seeks to expand into high-growth, high-margin vertical markets beyond its traditional primary markets [6] Stock Performance and Industry Comparison - Nokia's stock has gained 8.6% in the past year, compared to the industry's growth of 50.5% [7] Industry Competitors and Market Trends - Arista Networks (ANET) is positioned for strong growth with a software-driven, data-centric approach and a long-term earnings growth expectation of 17.2% [9][10] - CommScope Holding Company (COMM) has long-term earnings growth expectations of 18.1% and specializes in wireless and fiber optic infrastructure solutions [10][11] - Harmonic Inc (HLIT) has delivered an average earnings surprise of 32.5% in the trailing four quarters and is a leader in virtualized cable access solutions [12][13]
Nokia enhances TM's international optical network for hyperscaler connectivity demand
GlobeNewswire News Room· 2024-08-22 02:00
Press Release Nokia enhances TM's international optical network for hyperscaler connectivity demand Advanced optical backbone to enhance hyperconnectivity across data centers and support AI-readiness, in line with TM's strategic direction. Nokia's field-proven optical technology will strengthen TM's network capacity and performance, meeting growing traffic demand with reduced latency. TM to fulfil hyperscaler customers' demands and become a leading provider of high-speed and reliable optical network service ...
Nokia and illwerke vkw AG announce state-of-the-art optical transport network in Austria
GlobeNewswire News Room· 2024-08-21 06:00
Press Release Nokia and illwerke vkw AG announce state-of-the-art optical transport network in Austria Leading Austrian energy service provider illwerke vkw AG offers telecom services to mobile network providers. Illwerke vkw AG evolving existing network to meet rapidly growing capacity demand. Nokia optical network deployed to major sites across state of Vorarlberg, providing 10G, 25G and 100G mobile backhaul and fronthaul transport services. 21 August 2024 Vorarlberg, Austria – Nokia has been selected by ...
Nokia (NOK) & HOMEPLUS Unite to Boost Taiwan Broadband Speed
ZACKS· 2024-08-20 16:56
Nokia Corporation (NOK) recently announced that HOMEPLUS has decided to deploy Nokia's state-of-theart PON fiber solution aimed at strengthening the latter's network visibility, thereby enhancing user experiences across its extensive network infrastructure. Fiber technology continues to stand out as a forward-looking, sustainable solution that offers high-speed, multigigabit connectivity. In today's digital landscape, where providing a high-quality networking experience to consumers is paramount, it becomes ...
Nokia and HOMEPLUS bring 25G PON services to Taiwan
GlobeNewswire News Room· 2024-08-20 02:00
Press Release Nokia and HOMEPLUS bring 25G PON services to Taiwan HOMEPLUS becomes the first broadband operator in Taiwan to deploy and launch 25G PON, making its fiber network one of the fastest in the region. Nokia 25G PON fiber solution enables HOMEPLUS to provide 25Gb/s symmetrical broadband speeds, paving the way for new enhanced residential and enterprise services. Nokia is the only vendor supporting all next-generation PON technology options allowing operators to choose the right strategy for their n ...
Nokia (NOK) Solution to Enhance 5G Infrastructure in Brazil
ZACKS· 2024-08-19 16:46
Nokia Corporation (NOK) recently revealed that TIM Brasil, a prominent Brazilian telecommunication company, has opted to deploy Nokia's industry-leading 5G AirScale portfolio. This strategic move is part of TIM's plan to expand its 5G Radio Access Network coverage across Brazil and solidify its position as one of the leading 5G providers in the country. Access to fast and reliable connectivity has become the cornerstone of the modern digital-driven world. The growing proliferation of e-learning, remote work ...