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Nokia and Openreach introduce intent-based networking to build an open-access network, accelerating UK fiber broadband rollout
GlobeNewswire News Room· 2025-01-09 08:00
Press ReleaseNokia and Openreach introduce intent-based networking to build an open-access network, accelerating UK fiber broadband rollout Nokia building open access platform to accelerate fiber broadband services for millions of UK homes and businesses.Unique intent-based model enables Openreach to simplify operations and reduce operations support systems complexity by 85%. Nokia’s network domain controllers allow Openreach to fully automate operations, driving scalability and operational efficiency throu ...
Nokia and stc Group set Middle East record with 1Tbps data center connectivity across 850km network
GlobeNewswire News Room· 2025-01-08 07:00
Core Message - Nokia and stc Group achieved a groundbreaking 1Tbps long haul field trial in the Middle East and Africa (MEA) region, setting a new benchmark for data center connectivity [1][4] - The trial utilized Nokia's sixth-generation super-coherent Photonic Service Engine (PSE-6s) technology and stc Group's live Dense Wavelength Division Multiplexing (DWDM) terrestrial network [1][3] - This collaboration aligns with Saudi Vision 2030's digital transformation goals, enhancing Saudi Arabia's digital infrastructure and positioning the kingdom as a global leader in digital innovation [2][4][5] Technology and Performance - The trial successfully transported 6 x 100GE and 1 x 400GE high-speed services over a single wavelength across 850km, demonstrating exceptional scalability and seamless integration [3] - Nokia's Data Center Interconnect (DCI) DWDM solution is designed for advanced energy efficiency, addressing the dynamic needs of AI/cloud services transport [3] - The PSE-6s technology enables high-capacity, efficient, and scalable connectivity, supporting bandwidth-intensive applications such as AI and cloud services [1][7] Strategic Impact - The collaboration lays the groundwork for future-ready network infrastructure, supporting Saudi Arabia's ambitions to expand 5G coverage and promote cloud computing adoption [4] - stc Group's advanced optical infrastructure positions the company to meet future market demands, ensuring rapid and reliable connectivity [2] - The partnership reflects advancements in building a future-ready network, securely supporting massive traffic volumes and aligning with Saudi Vision 2030 objectives [5] Company Profiles - Nokia is a B2B technology innovation leader, pioneering networks that sense, think, and act through mobile, fixed, and cloud networks, with a focus on secure, reliable, and sustainable infrastructure [6][8] - stc Group is a digital enabler offering advanced solutions in digital infrastructure, cloud computing, cybersecurity, IoT, digital payments, and media, with 13 subsidiaries across multiple regions [9] Industry Implications - The trial highlights the potential of advanced optical technology in meeting the growing demand for high-capacity, energy-efficient, and scalable network solutions [1][3] - This achievement supports the broader digital transformation journey in the MEA region, setting a new standard for data center interconnectivity [4][7]
Moon to get first cellular network as part of Intuitive Machines collab with Nokia
Proactiveinvestors NA· 2025-01-07 15:23
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
Will NOK's Non-Core Submarine Business Divestment Aid the Stock?
ZACKS· 2025-01-06 17:46
Core Business Focus - Nokia Corporation has completed the divestiture of its submarine networks business, Alcatel Submarine Networks, to the French State, aligning with its strategy to enhance financial position by focusing on core businesses [1][3] - The divestiture is expected to strengthen Nokia's Network Infrastructure business, which consists of Fixed Networks, IP Networks, and Optical Networks [3] Market Position and Growth - Alcatel Submarine Networks is a leader in the industry with over 800,000 km of optical submarine systems globally and is well-positioned to benefit from the expanding subsea cables market [2] - The French State plans to continue investing in ASN, supporting sustainable development and allowing ASN to broaden its technology offerings [2] Financial Performance - The divestiture is anticipated to bolster Nokia's diverse portfolio of solutions and enhance overall financial performance [7] - Nokia's shares have gained 26.5% over the past year, slightly underperforming the industry's growth of 27.1% [8] Technological Advancements - Nokia is transforming communication through advancements in 5G technology, ultra-broadband access, and Internet of Things applications [4] - The company is experiencing healthy momentum in software and enterprise sectors, which is beneficial for its licensing business [5] Customer Base and Expertise - Nokia has established expertise in mission-critical networks, serving over 2,600 enterprise customers across various sectors including transportation, energy, and public services [6]
Nokia completes its sale of leading submarine networks business, ASN (Alcatel Submarine Networks), to the French State
GlobeNewswire News Room· 2025-01-03 14:00
Press ReleaseNokia completes its sale of leading submarine networks business, ASN (Alcatel Submarine Networks), to the French State Nokia announced the sale of ASN on 27 June 2024. The transaction allows Nokia to focus the portfolio of its Network Infrastructure business group while positioning ASN strongly to build on the transformation achieved while part of Nokia Focuses the portfolio of the Network Infrastructure business group.Ensures continued development of a strategic, market-leading French and Eu ...
NOK Unveils Network Solution for Gaming Applications: Stock to Gain?
ZACKS· 2024-12-27 17:15
Group 1: Company Overview - Ubiquiti Inc. (UI) currently holds a Zacks Rank 1 (Strong Buy) and reported an earnings surprise of 20.9% in the last quarter, showcasing its adaptable global business model [1] - Nokia Corporation (NOK) has a strong presence in over 100 countries, which is expected to enhance its customer base and revenue growth in the upcoming quarters [2] Group 2: Technological Advancements - Nokia's advanced slicing solution has been implemented by e& UAE, marking it as the first operator globally to create a dedicated network slice optimized for modern gaming demands [10] - The slicing technology allows operators to customize network slices for various customer needs, optimizing experiences for activities such as TV streaming and cloud gaming [11] Group 3: Market Performance - Nokia's stock has increased by 32.6% over the past year, outperforming the industry growth of 27.2% [18] - The effective management of Nokia's global network of over 100 distributors has improved visibility for future demand and inventory management [15]
Nokia and e& UAE showcase world's first fixed end-to-end network slicing solution for gaming applications
GlobeNewswire News Room· 2024-12-19 07:00
Core Insights - Nokia and e& UAE have launched the world's first fixed end-to-end network slicing solution specifically designed for gaming applications, enhancing user experiences for premium services [1][2] - The solution allows for automatic allocation of network resources to meet the low-latency and high-speed demands of gaming, enabling operators to monetize their networks more effectively [1][4] Company Developments - e& UAE is the first operator globally to implement Nokia's slicing solution, demonstrating its capabilities in a trial conducted in Abu Dhabi [2] - The trial showcased the creation of dedicated network slices across in-home Wi-Fi and fiber access networks, ensuring a high-quality experience for users [2][3] Technological Features - Nokia's slicing solution includes components like Altiplano, Corteca, and NSP domain controllers, allowing operators to create on-demand or autonomous network slices tailored to specific service requirements [3] - Each slice can be customized for various characteristics such as routing, bit rate, quality of service (QoS), latency, and security, catering to different applications like TV streaming and cloud gaming [3][4] Market Impact - The implementation of this solution enables e& UAE to automatically detect new gaming consoles and create dedicated low-latency network slices, enhancing the overall gaming experience [4] - This innovation sets a new industry benchmark and lays the groundwork for future autonomous networks that can deliver premium services in novel ways [5]
Nokia Deploys Europe's First 5G Standalone RAN Network: Stock to Gain?
ZACKS· 2024-12-17 17:11
Nokia Corporation (NOK) recently signed a four-year deal with EOLO, an Italian telecommunications leader in Fixed Wireless Access (FWA) connectivity, to deploy Europe’s first 5G standalone mmWave Radio Access Network. This strategic partnership aims to expand connectivity across Italy, particularly in underserved areas, addressing the digital divide and the digital speed gap.Digging Deep Into NOK-EOLO DealAs part of the agreement, Nokia will deploy equipment from its state-of-the-art industry-leading 5G Air ...
Nokia and EOLO deploy Europe's first 5G standalone mmWave network in Italy
GlobeNewswire News Room· 2024-12-16 08:00
Press Release Nokia and EOLO deploy Europe’s first 5G standalone mmWave network in Italy Nokia to deploy the first 5G standalone mmWave network in Europe delivering enhanced customer experience with premium capacity and coverage. New network infrastructure to support EOLO’s ambitions to connect underserved communities in Italy.Nokia’s Shikra mmWave radios and FastMile FWA receivers to support Fixed Wireless Access services. 16 December 2024 Espoo, Finland – Nokia announced it has signed a four-year dea ...
Nokia and Elisa deploy Europe's first commercial 5G Cloud RAN deployment with Red Hat OpenShift
GlobeNewswire News Room· 2024-12-12 07:00
Press Release Nokia and Elisa deploy Europe’s first commercial 5G Cloud RAN deployment with Red Hat OpenShift Nokia’s Cloud RAN solution ready for commercial deployment following a successful deployment with Elisa in Espoo, Finland powered by Red Hat OpenShift Cloud RAN supports Elisa’s efforts to provide more agile network services to its customers, by transforming network usage closer to the network edgeNokia’s anyRAN approach offers customers more flexibility, openness, security, and choice in thei ...