Shares of Nokia (NOK) stock surged 12% on market open. Nokia is quickly accelerating their footprint on 5G and other internet connected systems. I expect Nokia to make a return to $30 or even $50 levels over the next 3 years.
Nokia completes 5G RAN architecture trial
Nokia and China Mobile (CMCC) last week announced that they have successfully completed live trials of an AI-powered radio access network (RAN) over CMCC’s network.
Utilizing CMCC’s 4G and 5G networks, the companies completed an AI-based real-time user equipment (UE) traffic bandwidth forecast trial in Shanghai as well as a network anomaly detection trial in Taiyuan, the capital city of China’s Shanxi province.
Nokia and China Mobile (CMCC) last week announced that they have successfully completed live trials of an AI-powered radio access network (RAN) over CMCC’s network.
Utilizing CMCC’s 4G and 5G networks, the companies completed an AI-based real-time user equipment (UE) traffic bandwidth forecast trial in Shanghai as well as a network anomaly detection trial in Taiyuan, the capital city of China’s Shanxi province.
T-Mobile awards Nokia with five-year deal
T-Mobile awarded five-year deals to both Ericsson and Nokia for the continued rollout of its 5G network, but didn’t specify how much the deals are worth other than to say they’re “multi-billion-dollar” agreements.
T-Mobile last year closed its merger with Sprint, which also used Samsung network gear, but it doesn’t appear that work is carrying over to the newly combined T-Mobile.
“T-Mobile already has the largest 5G network in the country,” said T-Mobile President of Technology Neville Ray in a statement. “These agreements with our longstanding 5G partners Nokia and Ericsson will help us take our 5G leadership even further, delivering ever-better experiences for our customers for years to come.”
According to Nokia, it will continue to expand T-Mobile’s Extended Range (low-band) 5G coverage while also supplying macro and small cells across T-Mobile’s low, mid-band and millimeter wave spectrum, in addition to Massive MIMO in the 2.5 GHz band.
Nokia said the outlook it provided last fall included the expected impact of this deal with T-Mobile, so it doesn’t change that guidance.
Nokia in particular can use some good news in the network supply arena. Last fall, Nokia CEO Pekka Lundmark warned of expected financial challenges in 2021 and indicated plans to invest heavily in 5G. It’s been widely speculated that Nokia lost a $6.6 billion 5G contract with Verizon last year when the U.S. carrier instead chose Samsung.
Nokia pilots first in the world 4G and 5G fixed wireless access network slicing
Nokia successfully piloted 4G and 5G fixed wireless access (FWA) network slicing with Saudi Arabian telecommunications services provider, Mobily on their live commercial network.
- First-ever network slicing trial on a live commercial network showcases fixed wireless access (FWA) slicing use case for the first time
- The pilot will enable new services and high-quality customer experience to consumers and enterprises in Saudi Arabia
- Nokia is first vendor to deploy 4G and 5G network slicing in live multi-vendor network across all domains, including access, transport and core
- Its the first sliced FWA deployment in the world.
- With the Nokia slicing solution Mobily can divide its network into multiple virtual networks and offer FWA service tiers and premium services to its customers utilizing advanced network resource allocation mechanisms.
- Nokia’s customers are already working on a variety of slicing use cases including enterprise applications, transportation, manufacturing, utilities, public safety and smart city applications.
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