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Nokia (NOK) Software to Aid Hrvatski Telekom Network Upgrade
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Nokia Corporation (NOK - Free Report) recently announced that Hrvatski Telekom selected its Converged Charging software solution to ramp up network modernization. Nokia Converged Charging (“NCC”) is a cost-effective solution that enables service providers to have greater control over their software applications ecosystem. The charging software solution has over 1 billion customer bases globally and is one of the top picks for leading communication service providers.
NCC is a containerized, microservices-based system that facilitates prepaid and postpaid subscribers to provide a rating and pay for real-time voice, data and SMS/MMS services. Its intuitive business user interface accelerates business development by quickly creating new pricing and market offers and shortens the time for customer onboarding.
Hrvatski Telekom has long-term business relationship with Nokia and the deal extends this partnership to drive network monetization opportunities. The Croatia-based operator is looking for a dynamic and efficient solution to match the rising customer’s demand for network applications and unlock new revenue sources. The agreement demonstrates the trust customers have in Nokia’s products, its long history of innovation and sustained investment in research and development.
Nokia enables its customers to move away from an economy-of-scale network operating model to demand-driven operations through easy programmability and flexible automation to support dynamic operations, reduce complexity and improve efficiency. The company seeks to expand its business into targeted, high-growth and high-margin vertical markets to address growth opportunities beyond its traditional primary markets. It is well-positioned for the ongoing technology cycle, given the strength of its end-to-end portfolio. The company’s deal win rate is encouraging, with notable successes in the key 5G markets of the United States and China. Its installed base of high-capacity AirScale products, which enable customers to upgrade to 5G quickly, is growing fast.
Nokia has made significant progress on its three-phased journey of value creation. The company’s strategy includes Reset, Accelerate and Scale. Its focus on capital allocation and technology leadership is expected to help it grow profitably. Nokia is on track to achieve sustainable, profitable growth and technology leadership. The company is witnessing healthy momentum in its focus areas of software and enterprise, which augurs well for the licensing business. It is poised to benefit from copper and fiber deployments of passive optical networking.
The stock has declined 3.4% in the past year compared with the industry’s decline of 16.8%.
Juniper Networks, Inc. (JNPR - Free Report) , carrying a Zacks Rank #2 (Buy), delivered an earnings surprise of 1.55%, on average, in the trailing four quarters and has an Earnings ESP of ‘+2.38%’. It is witnessing strong momentum across its core industry verticals and is confident of its long-term prospects. Investments in customer solutions and sales organizations have enabled the company to capitalize on the solid demand across end markets.
Juniper is a leading provider of networking solutions and communication devices. The company develops, designs and sells products that help build network infrastructure for services and applications based on a single Internet protocol network worldwide. The company caters to the networking needs of enterprises, public sector organizations and service providers across the globe.
Arista Networks, Inc. (ANET - Free Report) , sporting a Zacks Rank #1, delivered an earnings surprise of 14.17%, on average, in the trailing four quarters. Earnings estimates for ANET for the current year stand at $5.79 per share. Arista provides cloud networking solutions for data centers and cloud computing environments. The company offers 10/25/40/50/100 Gigabit Ethernet switches and routers optimized for next-generation data center networks.
Arista continues to benefit from strong momentum and diversification across its top verticals and product lines. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experience. It is well-poised for growth in data-driven cloud networking business with proactive platforms and predictive operations. Arista has introduced a network observability software, DANZ Monitoring Fabric (DMF), on its switching platforms for enterprise-wide traffic visibility and contextual insights.
Viavi Solutions Inc. (VIAV - Free Report) , carrying a Zacks Rank #2 (Buy), delivered an earnings surprise of 9.10%, on average, in the trailing four quarters. In the last reported quarter, it delivered an earnings surprise of 27.27%. Viavi is a leading provider of network test, monitoring and service enablement solutions to diverse sectors across the globe. The product portfolio of the company offers end-to-end network visibility and analytics that help build, test, certify, maintain and optimize complex physical and virtual networks.
Viavi boasts a comprehensive product portfolio that offers end-to-end network visibility and analytics. The company’s wireless and fiber test solutions are in the early stages of a multi-year investment cycle, fueled by the transition of OEMs and service providers to superfast 5G networks.
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Nokia (NOK) Software to Aid Hrvatski Telekom Network Upgrade
Nokia Corporation (NOK - Free Report) recently announced that Hrvatski Telekom selected its Converged Charging software solution to ramp up network modernization. Nokia Converged Charging (“NCC”) is a cost-effective solution that enables service providers to have greater control over their software applications ecosystem. The charging software solution has over 1 billion customer bases globally and is one of the top picks for leading communication service providers.
NCC is a containerized, microservices-based system that facilitates prepaid and postpaid subscribers to provide a rating and pay for real-time voice, data and SMS/MMS services. Its intuitive business user interface accelerates business development by quickly creating new pricing and market offers and shortens the time for customer onboarding.
Hrvatski Telekom has long-term business relationship with Nokia and the deal extends this partnership to drive network monetization opportunities. The Croatia-based operator is looking for a dynamic and efficient solution to match the rising customer’s demand for network applications and unlock new revenue sources. The agreement demonstrates the trust customers have in Nokia’s products, its long history of innovation and sustained investment in research and development.
Nokia enables its customers to move away from an economy-of-scale network operating model to demand-driven operations through easy programmability and flexible automation to support dynamic operations, reduce complexity and improve efficiency. The company seeks to expand its business into targeted, high-growth and high-margin vertical markets to address growth opportunities beyond its traditional primary markets. It is well-positioned for the ongoing technology cycle, given the strength of its end-to-end portfolio. The company’s deal win rate is encouraging, with notable successes in the key 5G markets of the United States and China. Its installed base of high-capacity AirScale products, which enable customers to upgrade to 5G quickly, is growing fast.
Nokia has made significant progress on its three-phased journey of value creation. The company’s strategy includes Reset, Accelerate and Scale. Its focus on capital allocation and technology leadership is expected to help it grow profitably. Nokia is on track to achieve sustainable, profitable growth and technology leadership. The company is witnessing healthy momentum in its focus areas of software and enterprise, which augurs well for the licensing business. It is poised to benefit from copper and fiber deployments of passive optical networking.
The stock has declined 3.4% in the past year compared with the industry’s decline of 16.8%.
Image Source: Zacks Investment Research
Nokia currently carries a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Juniper Networks, Inc. (JNPR - Free Report) , carrying a Zacks Rank #2 (Buy), delivered an earnings surprise of 1.55%, on average, in the trailing four quarters and has an Earnings ESP of ‘+2.38%’. It is witnessing strong momentum across its core industry verticals and is confident of its long-term prospects. Investments in customer solutions and sales organizations have enabled the company to capitalize on the solid demand across end markets.
Juniper is a leading provider of networking solutions and communication devices. The company develops, designs and sells products that help build network infrastructure for services and applications based on a single Internet protocol network worldwide. The company caters to the networking needs of enterprises, public sector organizations and service providers across the globe.
Arista Networks, Inc. (ANET - Free Report) , sporting a Zacks Rank #1, delivered an earnings surprise of 14.17%, on average, in the trailing four quarters. Earnings estimates for ANET for the current year stand at $5.79 per share. Arista provides cloud networking solutions for data centers and cloud computing environments. The company offers 10/25/40/50/100 Gigabit Ethernet switches and routers optimized for next-generation data center networks.
Arista continues to benefit from strong momentum and diversification across its top verticals and product lines. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experience. It is well-poised for growth in data-driven cloud networking business with proactive platforms and predictive operations. Arista has introduced a network observability software, DANZ Monitoring Fabric (DMF), on its switching platforms for enterprise-wide traffic visibility and contextual insights.
Viavi Solutions Inc. (VIAV - Free Report) , carrying a Zacks Rank #2 (Buy), delivered an earnings surprise of 9.10%, on average, in the trailing four quarters. In the last reported quarter, it delivered an earnings surprise of 27.27%. Viavi is a leading provider of network test, monitoring and service enablement solutions to diverse sectors across the globe. The product portfolio of the company offers end-to-end network visibility and analytics that help build, test, certify, maintain and optimize complex physical and virtual networks.
Viavi boasts a comprehensive product portfolio that offers end-to-end network visibility and analytics. The company’s wireless and fiber test solutions are in the early stages of a multi-year investment cycle, fueled by the transition of OEMs and service providers to superfast 5G networks.