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Nokia Powers Data Center Connectivity in Singapore: Stock to Gain?
NokiaNokia(US:NOK) ZACKSยท2025-10-02 14:06

Group 1: Nokia and Telin Partnership - Telin has chosen Nokia solutions to enhance data center connectivity in Singapore, a key hub for data center expansion in the Asia-Pacific region [1][2] - Nokia is providing advanced optical technology and platforms to support low-latency services and scalability for evolving customer needs [2][8] Group 2: Market Growth and Trends - The Singapore data center market is projected to grow from $366.2 million in 2025 to $848.62 million by 2025, with a compound annual growth rate (CAGR) of 15.04% [3] - The global data center market is expected to experience an 11.2% CAGR from 2025 to 2030, indicating a strong growth trend that Nokia can capitalize on [3] Group 3: Nokia's Strategic Position - Nokia is experiencing positive momentum in software and enterprise sectors, which is beneficial for its licensing business [4] - The company is the only global supplier offering O-RAN with commercial 5G Cloud-RAN networks, positioning it favorably in the market [4] - Nokia's expansion into the data center market through its IP routing business and partnerships with major companies like Apple enhances its competitive edge [4]