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Nokia (NOK), Telecom Egypt to Deploy 5G Network in Egypt
ZACKS· 2024-07-16 17:25
Nokia Corporation (NOK) has announced a strategic partnership with Telecom Egypt to introduce 5G technology in the Middle-East country for the first time. This collaboration aims to significantly enhance the country's telecommunications infrastructure and accelerate its digital transformation journey. Shares of Nokia have gained 2.6% over the past year compared with the industry's growth of 50.7%. Ooma, Inc. (OOMA) offers cloud-based communications solutions, smart security and other connected services. The ...
Nokia and Telecom Egypt bring 5G to Egypt for the first time
GlobeNewswire News Room· 2024-07-15 07:00
Press Release Nokia and Telecom Egypt bring 5G to Egypt for the first time Please refer to Telecom Egypt's full financial disclosures on ir.te.eg Tommi Uitto, President of Mobile Networks at Nokia, said: "This important 5G contract with Telecom Egypt extends our longstanding partnership. The introduction of 5G services enabled by our extensive portfolio will open exciting new opportunities for people and businesses in Egypt to experience enhanced mobile connectivity. Our collaboration establishes a strong f ...
5 Considerations Ahead Of Nokia's Q2 2024 Earnings
Seeking Alpha· 2024-07-13 13:00
Michael Vi In the three months since posting first-quarter results, Nokia (NYSE:NOK) gained 16.67%. This return is almost double that of the S&P 500 (IVV), which gained 8.15%. When the communications equipment supplier reports Q2 results this Thursday, July 18, 2024, what should shareholders expect? Investors have five things to consider. 1. Nokia Q1 2024 Results In the last quarter, Nokia posted non-GAAP earnings per share of EUR 0.09 (USD 0.10). Revenue fell by 20.3% Y/Y to EUR 4.67 billion (USD 5.1 billi ...
Nokia (NOK), Norlys Unite to Boost Network Infrastructure
ZACKS· 2024-07-11 18:55
Nokia Corporation (NOK) recently partnered with Norlys to enhance telecommunication infrastructure in Denmark. This collaborative effort is aimed at strengthening Norlys' mobile core network, boosting security measures and optimizing managed services to elevate user experiences across Norlys' extensive network infrastructure. Additionally, Nokia will plug in NetGuard telco-grade Endpoint Detection and Response, Privileged Access Management and Certificate Management solutions to enhance security. Nokia will ...
Nokia to publish second-quarter and half-year financial report on 18 July 2024
GlobeNewswire News Room· 2024-07-11 05:00
Press Release 11 July 2024 Espoo, Finland – Nokia will publish its second-quarter and half-year financial report on 18 July 2024 at approximately 8 a.m. Finnish time (EEST). The report will be made available on the Nokia website immediately after publication. The detailed, segment-level discussion will be available in the complete financial report hosted at www.nokia.com/financials. A video interview summarizing the key points of our Q2 results will also be published on the website. Investors should not sol ...
Nokia to deliver full core network, security, and managed services to Norlys of Denmark with Red Hat OpenShift
GlobeNewswire News Room· 2024-07-10 07:00
Press release Nokia to deliver full core network, security, and managed services to Norlys of Denmark with Red Hat OpenShift Deployment of Nokia's full 4G/5G packet core, IMS, and SDM solutions will enhance voice and data service quality and reliability for Norlys (Telia Denmark) subscribers. Nokia will secure the network infrastructure with its NetGuard security product portfolio to protect core network endpoints, privileged user access, and digital network identities. Nokia will also deliver a holistic se ...
Nokia (NOK) Teams Up With GFiber for 50G PON Speeds Trial
ZACKS· 2024-07-09 14:06
Nokia Corporation (NOK) recently collaborated with Google Fiber ("GFiber"), a subsidiary of Alphabet Inc. (GOOGL) , to unleash next-generation broadband connectivity. The two companies have successfully conducted a live network demonstration of 50Gb/s broadband speed over GFiber's existing fiber network, achieving a groundbreaking 50G PON (Passive Optical Network) milestone in the United States. Based in Mountain View, CA, Alphabet is a leading tech company, evolving from a search-engine provider to cloud c ...
Nokia (NOK), Telefonica Unite to Boost Spain's Private Network
ZACKS· 2024-07-02 16:55
Private networks, which offer dedicated connectivity to specific users or organizations, are gaining recognition due to their superior reliability, security, and customization capabilities compared to traditional public networks. The collaboration between the two companies leverages Nokia's expertise in network infrastructure, along with Telefonica's extensive customer base and network footprint. Together, both companies aim to focus on enhancing the use of advanced 5G network features across Telefonica Mob ...
Nokia (NOK) Set to Reboot Infrastructure Business With Buyout
ZACKS· 2024-06-28 16:16
Nokia Corporation (NOK) recently announced a definitive deal to acquire Infinera Corporation (INFN) for an enterprise value of $2.3 billion. Infinera is well known for its innovative open optical networking solutions and advanced optical semiconductors that enable carriers, cloud operators and governments to scale network bandwidth, accelerate service innovation and automate network operations. With the buyout, Nokia aims to expand its optical network business, especially in the North American market. Based ...
Nokia Corporation - Managers' transactions (Lukander)
GlobeNewswire News Room· 2024-06-27 17:30
Transaction notification under Article 19 of EU Market Abuse Regulation. ____________________________________________ Person subject to the notification requirement Name: Lukander, Jenni Position: Other senior manager Transaction details (1): Volume: 5898 Unit price: N/A As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and longterm research, led b ...