We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Nokia (NOK), eir Extend Tie-Up to Boost Ireland's Network
Read MoreHide Full Article
Nokia Corporation (NOK - Free Report) recently extended its IP collaboration with eir, aiming to fortify Ireland’s telecommunication infrastructure. This collaboration is expected to empower eir to meet the evolving demands of its customers through access to advanced connectivity and technology solutions.
Under this renewed agreement, the Irish telecom operator will be deploying Nokia's latest 400/800GE IP backbone. This backbone utilizes the most recent QSFP-DD interface module specifications to support high-density 800GE pluggable optics. This enhancement is expected to significantly bolster eir’s network capacity and effectively accommodate future traffic growth.
Additionally, eir will integrate Nokia's cutting-edge 7750 Service Router, powered by the latter’s FP4 and FP5 network processors. This router is renowned for its scalability, flexibility and robust security features, making it an ideal choice for modern telecommunication networks. It promises optimized efficiency in delivering a wide range of services, ensuring reliable and seamless connectivity for both operators and enterprises.
Nokia currently has 319 commercial 5G deals with communications service providers globally. The 5G portfolio is increasingly gaining traction among enterprise customers. Nokia’s expertise in mission-critical networks is well-established, with deployments of more than 2,600 leading enterprise customers in the transportation, energy, large enterprise, manufacturing, webscale and public sector segments worldwide.
The extended collaboration between Nokia and eir marks a significant advancement in Ireland’s digital transformation journey. By integrating Nokia’s advanced technologies with eir’s expansive network infrastructure, the partnership is poised to deliver the fastest speeds and enhance competitiveness for local businesses on a global scale. Furthermore, this collaboration is expected to strengthen Nokia’s footprint across Ireland, underscoring its commitment to advancing digital connectivity worldwide.
Shares of Nokia have lost 3.8% over the past year against the industry’s growth of 43.1%.
Image Source: Zacks Investment Research
Zacks Rank and Key Picks
Nokia currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader industry have been discussed below.
Ooma, Inc. (OOMA - Free Report) offers cloud-based communications solutions, smart security and other connected services. The company’s smart software-as-a-service and unified-communications-as-a-service platforms serve as a hub for seamless communications and networking infrastructure applications. It currently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
It delivered a trailing four-quarter average earnings surprise of 8.90%. In the last reported quarter, Ooma delivered an earnings surprise of 27.27%.
Telephone and Data Systems, Inc. (TDS - Free Report) , sporting a Zacks Rank of 1 at present, provides wireless products and services, cable and wireline broadband, TV and voice services to approximately 6 million customers in Chicago.
In the last reported quarter, TDS delivered an earnings surprise of 145.45%.
Motorola Solutions, Inc. (MSI - Free Report) provides services and solutions to government segments and public safety programs, along with large enterprises and wireless infrastructure services. Currently, Motorola holds a Zacks Rank #2 (Buy).
It delivered a trailing four-quarter average earnings surprise of 7.54% and has a long-term growth expectation of 9.47%. In the last reported quarter, Motorola delivered an earnings surprise of 11.51%.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Nokia (NOK), eir Extend Tie-Up to Boost Ireland's Network
Nokia Corporation (NOK - Free Report) recently extended its IP collaboration with eir, aiming to fortify Ireland’s telecommunication infrastructure. This collaboration is expected to empower eir to meet the evolving demands of its customers through access to advanced connectivity and technology solutions.
Under this renewed agreement, the Irish telecom operator will be deploying Nokia's latest 400/800GE IP backbone. This backbone utilizes the most recent QSFP-DD interface module specifications to support high-density 800GE pluggable optics. This enhancement is expected to significantly bolster eir’s network capacity and effectively accommodate future traffic growth.
Additionally, eir will integrate Nokia's cutting-edge 7750 Service Router, powered by the latter’s FP4 and FP5 network processors. This router is renowned for its scalability, flexibility and robust security features, making it an ideal choice for modern telecommunication networks. It promises optimized efficiency in delivering a wide range of services, ensuring reliable and seamless connectivity for both operators and enterprises.
Nokia currently has 319 commercial 5G deals with communications service providers globally. The 5G portfolio is increasingly gaining traction among enterprise customers. Nokia’s expertise in mission-critical networks is well-established, with deployments of more than 2,600 leading enterprise customers in the transportation, energy, large enterprise, manufacturing, webscale and public sector segments worldwide.
The extended collaboration between Nokia and eir marks a significant advancement in Ireland’s digital transformation journey. By integrating Nokia’s advanced technologies with eir’s expansive network infrastructure, the partnership is poised to deliver the fastest speeds and enhance competitiveness for local businesses on a global scale. Furthermore, this collaboration is expected to strengthen Nokia’s footprint across Ireland, underscoring its commitment to advancing digital connectivity worldwide.
Shares of Nokia have lost 3.8% over the past year against the industry’s growth of 43.1%.
Image Source: Zacks Investment Research
Zacks Rank and Key Picks
Nokia currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader industry have been discussed below.
Ooma, Inc. (OOMA - Free Report) offers cloud-based communications solutions, smart security and other connected services. The company’s smart software-as-a-service and unified-communications-as-a-service platforms serve as a hub for seamless communications and networking infrastructure applications. It currently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
It delivered a trailing four-quarter average earnings surprise of 8.90%. In the last reported quarter, Ooma delivered an earnings surprise of 27.27%.
Telephone and Data Systems, Inc. (TDS - Free Report) , sporting a Zacks Rank of 1 at present, provides wireless products and services, cable and wireline broadband, TV and voice services to approximately 6 million customers in Chicago.
In the last reported quarter, TDS delivered an earnings surprise of 145.45%.
Motorola Solutions, Inc. (MSI - Free Report) provides services and solutions to government segments and public safety programs, along with large enterprises and wireless infrastructure services. Currently, Motorola holds a Zacks Rank #2 (Buy).
It delivered a trailing four-quarter average earnings surprise of 7.54% and has a long-term growth expectation of 9.47%. In the last reported quarter, Motorola delivered an earnings surprise of 11.51%.