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Nokia, EBB Team Up to Upgrade AI Data Centers Across Malaysia
ZACKS· 2025-09-02 15:45
Core Insights - Nokia has secured a contract with Extreme Broadband (EBB) and its subsidiary Open DC to enhance AI data centers in Malaysia, aligning with the National Cloud Computing Policy and catering to the banking and financial services sector [1] - The initiative will interconnect six Open DC facilities across Malaysia, providing a reliable and secure network to support EBB's vision of "Innovating Connectivity" [2] - A Memorandum of Understanding (MoU) has been signed between Nokia and EBB to collaborate on data center solutions and quantum-safe networks, focusing on AI and data center connectivity [3] Group 1: Contract and Collaboration - The contract aims to improve performance and security of Open DC's AI data centers, reinforcing EBB and Open DC's positions in Malaysia's digital infrastructure [1] - The deployment will utilize Nokia's advanced IP network solutions to connect six facilities, ensuring high reliability and security [2] - The MoU includes joint strategies for enterprise connectivity, multi-cloud integration, and DDoS protection, along with testing Nokia's Data Center Gateway and security solutions [3] Group 2: Technology and Infrastructure - Nokia's modernization efforts will leverage its Data Center Fabric, Data Center Gateway, and quantum-safe networking technologies, ensuring scalability and sustainability for Open DC [4] - The collaboration is expected to enhance Nokia's role in Malaysia's growing data center industry, providing unmatched reliability and efficiency [5] - Nokia's recent projects, such as upgrading Vortex Group's network in India, demonstrate its commitment to improving broadband speeds and connectivity [6] Group 3: Market Outlook - Nokia anticipates strong sales growth in the Network Infrastructure, Cloud, and Network Services segments by 2025, while expecting stable sales from Mobile Networks [8] - The company faces challenges from the cyclical nature of the telecommunications industry and competition in the wireless equipment market [8] - Currently, Nokia holds a Zacks Rank 4 (Sell), with its stock down 1.8% over the past year compared to a 27.9% growth in the Wireless Equipment industry [9]
Nokia partners with Extreme Broadband to improve security and future-proof data centers in Malaysia
Globenewswire· 2025-09-02 02:00
Core Insights - Nokia has partnered with Extreme Broadband (EBB) to enhance security and performance of AI data centers in Malaysia, aligning with the National Cloud Computing Policy and addressing the needs of the banking and financial services sector [1][4][5] Group 1: Partnership Details - The contract involves Nokia's IP network solution to interconnect six AI data centers across various locations in Malaysia, ensuring a reliable and secure network [2][6] - A Memorandum of Understanding has been established for collaboration on data center solutions and quantum-safe networks, focusing on a joint go-to-market strategy [3][6] Group 2: Technological Advancements - Nokia's Data Center Fabric, Data Center Gateway, and quantum-safe network solutions will modernize Open DC's data centers, enhancing scalability and security [6][7] - The deployment of Nokia's 7250 and 7220 Interconnect Routers will contribute to energy efficiency in the network [6] Group 3: Strategic Impact - This collaboration aims to support Malaysia's economic growth under the MYDIGITAL policy, fostering AI-driven innovation and new revenue opportunities for enterprises [4][5] - EBB is positioned as a key player in Malaysia's digital economy, providing high-performance network solutions to various sectors [10]