Nokia Boosts Outer Reach Broadband Network With Advanced Solutions

Group 1 - Nokia Corporation has partnered with Outer Reach Broadband to deploy a fiber network infrastructure aimed at providing 10 Gbps symmetrical broadband services, which will help bridge the digital divide in rural Maine and promote local economic development [1] - The collaboration includes Nokia's Altiplano Access Controller, a cloud-native platform that enhances network management and optimization, supporting 10G XGS-PON technology and offering a suite of automation functions [2] - Outer Reach Broadband will also utilize Nokia's Wi-Fi 6 beacons with EasyMesh technology to ensure reliable whole-home coverage, while Nokia's Corteca software will optimize Wi-Fi performance, improving customer experience and reducing costs [3] Group 2 - The demand for multi-gigabit fiber broadband is increasing due to the rise of smartphones, necessitating continuous network optimization, which positions Nokia favorably in the market for passive optical networking [4] - This partnership is expected to generate incremental revenue for Nokia and may lead to similar deals with other carriers, reinforcing its position as a leading telecommunications equipment provider [5] - Nokia's stock has increased by 42.7% over the past year, outperforming the industry growth of 42% [6]