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Nokia and Islalink achieve 800Gbps capacity-reach record over the IONIAN submarine cable
GlobeNewswire News Room· 2024-11-13 08:00
Core Insights - Nokia and Islalink have achieved a new capacity-reach record of 800Gbps over a 330km submarine cable, enhancing connectivity between Italy and Greece [2][3] - The PSE-6s technology from Nokia not only improves network performance but also reduces power consumption by 60% per bit, supporting sustainable operations [4] Company and Industry Overview - The IONIAN network, launched by Islalink, is a high-capacity submarine system that connects major cities in Italy and Greece, utilizing band C+L with a capacity of 9.6 THz [3] - Islalink has over 20 years of experience in submarine fiber-optic infrastructure, having laid more than 2,600 kilometers of cable and completed 11 landing operations [8] - Nokia's PSE-6s technology is designed for high-speed, power-efficient connectivity over long unrepeated links, enabling innovative services for customers in Italy, Greece, and Spain [5]
NOK Solutions to Boost Africa's Fiber Network: Will the Stock Gain?
ZACKS· 2024-11-12 17:05
Core Insights - Nokia Corporation has partnered with Fibertime to deploy high-speed broadband solutions in underserved areas of South Africa, aiming to connect up to 1.5 million new customers using Nokia's advanced technology [1][6]. Group 1: Partnership Details - Fibertime will utilize Nokia's Lightspan FX Optical Line Terminals (OLTs) and Wi-Fi 6-enabled Optical Network Terminals (ONTs) to provide uncapped, unthrottled Internet for R5 a day, addressing the needs of millions in the region [2][3]. - The deployment includes plans for 500,000 Nokia Wi-Fi 6-enabled ONTs over the next three years, focusing on homes in areas with limited Internet access [3]. - The initial rollout will target urban centers such as Cape Town, Johannesburg, Gqeberha, Mangaung, and Stellenbosch, with plans for gradual expansion [3]. Group 2: Technological Advancements - The partnership will also involve network upgrades supported by Nokia's Altiplano platform, which utilizes 10G XGS-PON technology for enhanced network management and automation [4]. - Nokia's solutions are designed to create a semi-mobile network that can serve entire communities, facilitating access to education, healthcare, and employment opportunities [7]. Group 3: Market Opportunity and Financial Impact - The collaboration addresses South Africa's digital divide, presenting a significant market opportunity as millions of homes lack affordable, high-quality broadband [6]. - The advancements are expected to generate incremental demand for Nokia's solutions, potentially leading to higher revenues and improved financial performance [8]. - Nokia's stock has gained 31% over the past year, although this is lower than the industry's growth of 51.5% [9].
Nokia, Reflex and Net Nine Nine partner to bridge the digital divide in South Africa
GlobeNewswire News Room· 2024-11-12 08:00
Press ReleaseNokia, Reflex, and Net Nine Nine partner to bridge the digital divide in South Africa Nokia fiber broadband solution delivers high-speed broadband access to underserved, low-income communities, bridging the digital divide and empowering more people with reliable, high-quality connectivity.Communities in the Gauteng and Free State provinces will be among the first to experience enhanced connectivity and improved online experiences. 12 November 2024Johannesburg, South Africa – Nokia, in partne ...
Nokia Board of Directors resolved on directed issuance under Nokia Equity Programs
GlobeNewswire News Room· 2024-11-11 10:30
Group 1 - Nokia's Board of Directors has resolved to issue a maximum of 28,651,000 shares to fulfill commitments under various equity-based incentive plans for eligible employees in 2025 [1] - The share issuance is based on the authorization granted by the Annual General Meeting held on April 3, 2024 [2] Group 2 - Nokia is a B2B technology innovation leader, focusing on creating networks that leverage mobile, fixed, and cloud technologies [3] - The company emphasizes the importance of open architectures that integrate into various ecosystems, providing secure and reliable networks for service providers and enterprises [4]
Nokia and Fibertime expand broadband access across South Africa's underserved communities
GlobeNewswire News Room· 2024-11-11 08:00
Press ReleaseNokia and Fibertime expand broadband access across South Africa’s underserved communities Fibertime expands broadband coverage to 5 cities and 14 townships throughout South Africa using Nokia’s fiber solution.Nokia solution allows Fibertime to provide affordable broadband access to millions of low-income customers, many connecting for the very first time. 11 November 2024Capetown, South Africa – Nokia today announced that Fibertime will deploy its fiber solution to rapidly expand broadband acc ...
Nokia's Solutions to Boost Elisa's Fiber Network: Will the Stock Gain?
ZACKS· 2024-11-06 15:06
Nokia Corporation (NOK) recently announced that Elisa has opted to deploy its Lightspan MF solution to upgrade the latter’s existing fiber network. This deployment by the leading Finnish telecommunications and digital services company aims to significantly enhance network performance and reliability, providing users with a superior telecommunications experience.Based on the Quillion chipset, Nokia’s state-of-the-art Lightspan MF-8 boasts a flexible design to facilitate deployment across various locations, f ...
Orkla: Might Be Time To Rotate
Seeking Alpha· 2024-11-06 11:31
Analyst’s Disclosure: I/we have a beneficial long position in the shares of ORKLY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advi ...
Nokia and Elisa become first in Europe to trial 100G PON over live fiber broadband network
GlobeNewswire News Room· 2024-11-05 15:00
Nokia and Elisa become first in Europe to trial 100G PON over live fiber broadband network Already deploying the Nokia 10G fiber solution, Elisa is planning to deploy 25G, and beyond.Elisa uses Nokia fiber solution to become the first European operator to demonstrate up to 100Gb/s broadband speeds over a live commercial network.Nokia is the only vendor supporting all next-generation PON technology options, allowing operators to choose the right strategy for their needs and business case. 5 November 2024Espo ...
Nokia signs 5G deal extension with Taiwan Mobile
GlobeNewswire News Room· 2024-11-04 08:00
Press ReleaseNokia signs 5G deal extension with Taiwan Mobile Nokia to modernize Taiwan Mobile’s 5G network and upgrade existing 4G infrastructure with equipment from industry-leading AirScale portfolio.Deal to enhance experience for customers in both urban and rural environments with premium capacity and coverage. Taiwan Mobile targeting sustainability goals with Nokia’s energy-efficient portfolio. 4 November 2024Espoo, Finland – Nokia has signed a one-year 5G contract extension with Taiwan Mobile to boo ...
Nokia Corporation - Managers' transactions (Fisk)
GlobeNewswire News Room· 2024-10-31 17:00
Nokia CorporationManagers’ transactions31 October 2024 at 19:00 EETNokia Corporation - Managers' transactions (Fisk) Transaction notification under Article 19 of EU Market Abuse Regulation.____________________________________________Person subject to the notification requirementName: Fisk, Louise Position: Other senior manager Issuer: Nokia CorporationLEI: 549300A0JPRWG1KI7U06Notification type: INITIAL NOTIFICATIONReference number: 83257/4/6____________________________________________ Transaction date: 2024 ...