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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 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. ...
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 ...
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 ...
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]