Can Nokia Stock Gain on Multi-Year AT&T Fiber Deal After Earlier Snub?

Nokia Corporation (NOK) recently secured a multi-year agreement for an undisclosed amount from AT&T Inc. (T) to help modernize the fiber infrastructure of the telecom carrier. Per the five-year deal, Nokia will deploy its Lightspan MF and Altiplano platforms to develop state-of-the-art networks to cater to the growing demand for more capacity and enhanced broadband services. What Tilted the Scales for NOK? Nokia has made significant progress on its three-phased journey of value creation: Reset, Accelerate a ...