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Nokia (NOK) & HOMEPLUS Unite to Boost Taiwan Broadband Speed
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Nokia Corporation (NOK - Free Report) recently announced that HOMEPLUS has decided to deploy Nokia’s state-of-the-art PON fiber solution aimed at strengthening the latter’s network visibility, thereby enhancing user experiences across its extensive network infrastructure.
Fiber technology continues to stand out as a forward-looking, sustainable solution that offers high-speed, multi-gigabit connectivity. In today's digital landscape, where providing a high-quality networking experience to consumers is paramount, it becomes necessary for telecommunication companies like HOMEPLUS to focus on delivering superior services that meet the growing demands of its users.
Post-deployment, HOMEPLUS will be equipped with a range of secure PON technologies, ranging from GPON to 25G PON and beyond, boosting its ability to deliver cutting-edge speeds and services.
25G PON solution promises to deliver Internet speeds 125 times faster than the national average of 200Mb/s, making HOMEPLUS the first provider in Taiwan to deliver such advanced services to both residential and business customers.
Leveraging Nokia’s advanced Quillion chipset and Lightspan FX platform, this deployment will likely enable HOMEPLUS to expand its existing fiber infrastructure and quickly adapt to the rising demand for high-capacity broadband services. The upgrade is also anticipated to support speeds up to 25Gb/s, catering to advanced applications such as cloud computing, 8K video streaming, online gaming, virtual reality and the Internet of Things.
The partnership between Nokia and HOMEPLUS marks a significant milestone in Nokia’s journey toward expanding its footprint in Taiwan. The 5G portfolio is increasingly gaining traction among enterprise customers. Nokia currently has 319 commercial 5G deals with communications service providers globally.
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.
Shares of Nokia have gained 9.1% over the past year compared with the industry’s growth of 48.6%.
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.
Arista Networks, Inc. (ANET - Free Report) , sporting a Zacks Rank of 1 (Strong Buy), supplies products to a prestigious set of customers, including Fortune 500 global companies in markets such as cloud titans, enterprises, financials and specialty cloud service providers. You can see the complete list of today’s Zacks #1 Rank stocks here.
It delivered a trailing four-quarter average earnings surprise of 15.02%. In the last reported quarter, Arista delivered an earnings surprise of 8.25%.
CommScope Holding Company, Inc. (COMM - Free Report) , sporting a Zacks Rank of 1, is a premier provider of infrastructure solutions, including wireless and fiber optic solutions, for the core, access and edge layers of communication networks. It has a long-term growth expectation of 24.93%.
Harmonic Inc. (HLIT - Free Report) enables media companies and service providers to deliver ultra-high-quality broadcast and OTT video services to consumers globally. It delivered a trailing four-quarter average earnings surprise of 32.5%. It currently sports a Zacks Rank of 1.
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Nokia (NOK) & HOMEPLUS Unite to Boost Taiwan Broadband Speed
Nokia Corporation (NOK - Free Report) recently announced that HOMEPLUS has decided to deploy Nokia’s state-of-the-art PON fiber solution aimed at strengthening the latter’s network visibility, thereby enhancing user experiences across its extensive network infrastructure.
Fiber technology continues to stand out as a forward-looking, sustainable solution that offers high-speed, multi-gigabit connectivity. In today's digital landscape, where providing a high-quality networking experience to consumers is paramount, it becomes necessary for telecommunication companies like HOMEPLUS to focus on delivering superior services that meet the growing demands of its users.
Post-deployment, HOMEPLUS will be equipped with a range of secure PON technologies, ranging from GPON to 25G PON and beyond, boosting its ability to deliver cutting-edge speeds and services.
25G PON solution promises to deliver Internet speeds 125 times faster than the national average of 200Mb/s, making HOMEPLUS the first provider in Taiwan to deliver such advanced services to both residential and business customers.
Leveraging Nokia’s advanced Quillion chipset and Lightspan FX platform, this deployment will likely enable HOMEPLUS to expand its existing fiber infrastructure and quickly adapt to the rising demand for high-capacity broadband services. The upgrade is also anticipated to support speeds up to 25Gb/s, catering to advanced applications such as cloud computing, 8K video streaming, online gaming, virtual reality and the Internet of Things.
The partnership between Nokia and HOMEPLUS marks a significant milestone in Nokia’s journey toward expanding its footprint in Taiwan. The 5G portfolio is increasingly gaining traction among enterprise customers. Nokia currently has 319 commercial 5G deals with communications service providers globally.
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.
Shares of Nokia have gained 9.1% over the past year compared with the industry’s growth of 48.6%.
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.
Arista Networks, Inc. (ANET - Free Report) , sporting a Zacks Rank of 1 (Strong Buy), supplies products to a prestigious set of customers, including Fortune 500 global companies in markets such as cloud titans, enterprises, financials and specialty cloud service providers. You can see the complete list of today’s Zacks #1 Rank stocks here.
It delivered a trailing four-quarter average earnings surprise of 15.02%. In the last reported quarter, Arista delivered an earnings surprise of 8.25%.
CommScope Holding Company, Inc. (COMM - Free Report) , sporting a Zacks Rank of 1, is a premier provider of infrastructure solutions, including wireless and fiber optic solutions, for the core, access and edge layers of communication networks. It has a long-term growth expectation of 24.93%.
Harmonic Inc. (HLIT - Free Report) enables media companies and service providers to deliver ultra-high-quality broadcast and OTT video services to consumers globally. It delivered a trailing four-quarter average earnings surprise of 32.5%. It currently sports a Zacks Rank of 1.