Nokia (NOK), eir Extend Tie-Up to Boost Ireland's Network

Group 1: Nokia and eir Collaboration - The extended collaboration between Nokia and eir marks a significant advancement in Ireland's digital transformation journey, integrating Nokia's advanced technologies with eir's expansive network infrastructure [1][10] - This partnership is expected to deliver the fastest speeds and enhance competitiveness for local businesses on a global scale, strengthening Nokia's footprint across Ireland [1][10] - Under the renewed agreement, eir will deploy Nokia's latest 400/800GE IP backbone, which utilizes the most recent QSFP-DD interface module specifications to support high-density 800GE pluggable optics, significantly bolstering eir's network capacity [4] - eir will also integrate Nokia's 7750 Service Router, known for its scalability, flexibility, and robust security features, ensuring reliable and seamless connectivity for operators and enterprises [7] Group 2: Nokia's Market Position - Nokia currently has 319 commercial 5G deals with communications service providers globally, with its 5G portfolio gaining traction among enterprise customers [14] - The company has established expertise in mission-critical networks, with deployments among over 2,600 leading enterprise customers across various sectors [14] - Despite the positive developments, shares of Nokia have lost 3.8% over the past year, contrasting with the industry's growth of 43.1% [11]