Nokia(NOK)

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Will NOK's Non-Core Submarine Business Divestment Aid the Stock?
ZACKS· 2025-01-06 17:46
Nokia Corporation (NOK) recently completed the divestiture of its submarine networks business, Alcatel Submarine Networks (“ASN”), to the French State. Announced in June 2024, the non-core asset sale aligns with Nokia's ongoing strategy to enhance its financial position by focusing on core businesses and actively improving the profitability of its Network Infrastructure business group. ASN, an industry leader with over 800,000 km of optical submarine systems globally, has grown significantly under Nokia’s ...
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
Nokia Corporation (NOK) recently announced that e& UAE has become the first operator globally to implement its advanced slicing solution, enabling the creation of a dedicated, end-to-end network slice optimized for the speed and latency demands of modern gaming. This achievement was part of a trial conducted at e& UAE's Abu Dhabi labs, underscoring the potential of network slicing to elevate the user experience for a variety of applications.During the trial, the slicing solution was used to create network s ...
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
Press ReleaseNokia and e& UAE showcase world’s first fixed end-to-end network slicing solution for gaming applications Nokia network slicing solution allows e& UAE to enhance end user experiences for premium services such as gaming, work-from-home and enterprise applications. Nokia intent-based slicing solution automatically allocates network resources across in-home, access, and transport networks to meet the low-latency, high-speed demands of gaming applications.Operators can now better monetize their ne ...
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 ...
Nokia building IP network to support AI workloads at Nscale's new sustainable data center
GlobeNewswire News Room· 2024-12-11 17:00
Press Release Nokia building IP network to support AI workloads at Nscale’s new sustainable data center Network will support growing global demand for AI-driven applications, which consume massive amounts of data.Nokia data center fabric network offers carrier-grade trusted performance, and scale.Nscale leverages 100% renewable energy and energy-efficient adiabatic cooling, setting a benchmark for sustainable AI and high-performance computing infrastructure. 11 December 2024Espoo, Finland – Nokia has been s ...
Nokia and SK Broadband deploy quantum secure network to protect Korea Hydro and Nuclear Power's IT infrastructure
GlobeNewswire News Room· 2024-12-11 04:00
Press Release Nokia and SK Broadband deploy quantum secure network to protect Korea Hydro and Nuclear Power’s IT infrastructure Deployment allows Korea Hydro and Nuclear Plant (KHNP) to leverage quantum-safe MACsec technology to better protect its IP MPLS leased line network. Nokia’s trusted Quantum-Safe IP and optical network solutions enable KHNP to not compromise between security or performance with secure and trusted data network connectivity. Collaboration enhances ability to respond to accelerating c ...
Nokia and du deploy first commercial Cloud RAN solution in Middle East and Africa with Red Hat OpenShift
GlobeNewswire News Room· 2024-12-06 05:00
Press ReleaseNokia and du deploy first commercial Cloud RAN solution in Middle East and Africa with Red Hat OpenShift Highlights du’s technological leadership and commitment to the UAE’s ambitious digital transformation agenda.Nokia’s anyRAN approach offers customers more flexibility, openness, security, and choice in their selection of cloud infrastructure. The solutions are powered by Red Hat OpenShift. 6 December 2024Espoo, Finland – Nokia and du, a leading telecom and digital services provider, to ...