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Nokia and du conclude successful transport network slicing trial in UAE
GlobeNewswire News Room· 2024-11-26 06:00
Press ReleaseNokia and du conclude successful transport network slicing trial in UAE Nokia network slicing technology will help du tailor segments customized to user needs.The first of its kind in the region, the live transport network slicing deployment will cater to specific requirements for bandwidth, latency, and reliability. 26 November 2024Dubai, United Arab Emirates – Nokia today announced that it has successfully completed a network slicing trial with du, the leading telecom and digital services pro ...
Nokia completes the share buyback program launched in March
GlobeNewswire News Room· 2024-11-21 20:45
Nokia CorporationStock Exchange Release21 November 2024 at 22:45 EETNokia completes the share buyback program launched in March Espoo, Finland – Nokia Corporation ("Nokia" or the "Company") has now completed the share buyback program announced on 18 March 2024 and upsized on 19 July 2024. Between 20 March 2024 and 21 November 2024, Nokia repurchased 157,646,220 of its own shares (FI0009000681) at an average price per share of approximately EUR 3.81. Nokia expects to cancel the acquired shares in December 2 ...
NOK Wins Multi-Billion 5G Deal Extension From Airtel: Stock to Gain?
ZACKS· 2024-11-21 16:21
Nokia Corporation (NOK) recently revealed that it has been awarded a multi-year, multi-billion deal extension by Bharti Airtel (Airtel) to enhance and expand 4G and 5G network infrastructure across key regions of India, leveraging its advanced connectivity and technological solutions.Digging Deep Into the NOK-Airtel DealAs part of the agreement, Nokia will deploy equipment from its state-of-the-art industry-leading 5G AirScale portfolio, comprising baseband units and its latest generation of Massive Multipl ...
Nokia wins multi-billion 5G extension deal from Bharti Airtel for its India operations
GlobeNewswire News Room· 2024-11-20 07:30
Press ReleaseNokia wins multi-billion 5G extension deal from Bharti Airtel for its India operations Strengthens its partnership with 4G and 5G contract extension in preparation for 5G-Advanced network evolution.To deploy equipment from its comprehensive AirScale portfolio and its MantaRay solution for intelligent network management. 20 November 2024Espoo, Finland – Nokia has been awarded a multi-year, multi-billion extension deal by Bharti Airtel (Airtel) to deploy 4G and 5G equipment across key Indian citi ...
Atea: Growth Potential Suggests An Upside Even At 130 NOK (Rating Upgrade)
Seeking Alpha· 2024-11-19 15:55
Analyst’s Disclosure: I/we have a beneficial long position in the shares of ATEAY 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 ...
Will the Buyout of Rapid's API Technology Boost Nokia's Stock Growth?
ZACKS· 2024-11-14 13:45
Nokia Corporation (NOK) recently announced that it has completed the acquisition of Rapid’s API technology assets for an undisclosed amount. Rapid’s industry-leading API technology includes the world's largest application programming interface (API) hub, which enables businesses to securely design, test and share APIs within their organization and with external associates. In addition, Rapid’s public API marketplace, boasting an extensive developer base worldwide, allows users to list and monetize their API ...
Nokia acquires Rapid, the API company once valued at $1B
TechCrunch· 2024-11-13 15:09
Nokia, the company that once was the biggest mobile phone company in the world, has made an interesting acquisition in its bid to be a bridge between the adjacent but very different worlds of tech and telecoms: it’s acquiring Rapid, formerly known as RapidAPI, a provider of an API marketplace, which it will be integrating into a platform it’s building to help 5G operators open their networks to more developers. Terms of the deal are not being disclosed in the deal announcement. Rapid was once valued at $1 b ...
Nokia acquires Rapid technology and R&D unit to strengthen development of network API solutions and ecosystem
GlobeNewswire News Room· 2024-11-13 14:00
Press ReleaseNokia acquires Rapid technology and R&D unit to strengthen development of network API solutions and ecosystem Strengthens Nokia’s network API product development and go-to-market efforts.Builds on Nokia’s strategy of leading and expanding the network API ecosystem to utilize 5G and 4G network capabilities and monetize network assets.Enables operators to integrate their networks with Rapid’s industry-leading API Hub technology and collaborate with Rapid’s large developer base. 13 November 2024E ...
Nokia and Islalink achieve 800Gbps capacity-reach record over the IONIAN submarine cable
GlobeNewswire News Room· 2024-11-13 08:00
Press ReleaseNokia and Islalink achieve 800Gbps capacity-reach record over the IONIAN submarine cable New capacity-reach record for unrepeated transmission of 800Gbps over 330km with Nokia’s PSE-6s on Islalink’s IONIAN network, enhancing connectivity between Italy and Greece.High performance and 60% less network power consumption per bit provides crucial services for data center interconnections. 13 November 2024Espoo, Finland – Nokia and Islalink have achieved a significant milestone by successfully testin ...
NOK Solutions to Boost Africa's Fiber Network: Will the Stock Gain?
ZACKS· 2024-11-12 17:05
Nokia Corporation (NOK) recently announced that Fibertime has opted to deploy its cutting-edge fiber solution to bring high-speed broadband to underserved areas of South Africa. Through this collaboration, the leading African Internet service provider plans to connect up to 1.5 million new customers, utilizing Nokia’s Lightspan FX Optical Line Terminals (OLTs) and Wi-Fi 6-enabled Optical Network Terminals (ONTs).Digging Deep Into NOK’s DealThe initiative is centered around Fibertime’s flagship product, offe ...