Nokia (NOK) Inks Deal to Deploy 5G Services in Singapore

Nokia Corporation NOK recently signed a deal with Antina Pte. Ltd. – a joint venture between M1 and StarHub mobile network operators – to launch a 5G standalone radio access network (RAN) in Singapore. In addition to offering support for new consumer and corporate cases for seamless implementation of 5G services, the partnership aims to boost the country’s digital economy in Southeast Asia.

It should be noted that Nokia was selected through a competitive bidding process for the project. Using the 3.5 GHz band, the company will offer telecommunications equipment from its AirScale and CloudRAN portfolios to deploy 5G services in the region. AirScale Radio Access products provide low-capacity, low-capacity, low-cost mobile connectivity and can be easily upgraded with software updates, reducing network complexity. The CloudRAN solution makes it easier for operators to build a more flexible network, meet changing traffic requirements, make better use of spectrum and optimize performance.

To further improve network flexibility, Antina customers, including M1, StarHub and other mobile service providers, will use Nokia Software’s NetAct Cloud network management system, which is cloud-agnostic and manages both radio and core networks. . It provides a variety of error management, configuration management, performance management, and security management applications for complete network management capabilities.

By deploying industry-leading software, 5G RAN and IP-Backhaul solutions for this project, Nokia will help develop reference design and build cases using standards-based solutions. The commercial availability of its stand-alone 5G network has allowed the company to take the next big step in the evolution of the 5G ecosystem to make it more widespread around the world. It is noteworthy that so far 5G networks have been deployed mainly in non-standard mode, where the availability of 5G network depends on the main LTE network for signal support. The stand-alone 5G network eliminates this 4G dependency by allowing operators to increase their networking capabilities with a simpler architecture. It also improves network speed and simplifies mobility management with seamless access to wide 5G bands for a better user experience.

Nokia is well positioned for the current technology cycle, given the strength of its portfolio from end to end. The company is driving the transition of global enterprises to smart virtual networks, creating a single network for all services, bringing together mobile and fixed broadband, IP routing and optical networks with software and services for their management. Using state-of-the-art technology, Nokia is transforming the way people and things communicate and connect with each other. These include a seamless transition to 5G technology, ultra-broadband access, IP and software-defined networks, cloud applications and IoT.

Nokia makes it easier for its customers to move away from an economically large, demand-driven network model by offering the easy programmability and flexible automation needed to maintain dynamic operations, reduce complexity and improve efficiency. The company seeks to expand its business into targeted vertical markets with high growth and high margins to address growth opportunities beyond traditional primary markets.

Nokia remains focused on building a stable, scalable software business and expanding it into structurally attractive neighboring businesses. It has achieved more than 146 commercial 5G contracts worldwide. The company’s comprehensive portfolio includes products and services for each part of the network that help operators activate key 5G capabilities, such as networking, distributed cloud and industrial IoT. Accelerated implementation of the strategy, sharpened customer focus and reduced long-term costs are expected to position the company as a world leader in the delivery of 5G solutions from end to end.

The company’s shares have gained 51.7% in the last year compared to the industry growth of 91.5%.

Some better ranked stocks in the industry are Aviat Networks, Inc. AVNW and Ubiquiti Inc. User interface, both with Zacks Rank # 1 (Strong Purchase) and Clearfield, Inc. CLFD, wearing Zacks rank №2 (Buying). You can see the full list of today’s shares of Zacks № 1 here.

Aviat delivered a surprise profit of 61.7% on average over the last four quarters.

Ubiquiti has a long-term profit growth of 32.9%. It brought a positive surprise for the profit of 37.1% on average over the last four quarters.

Clearfield delivered a positive surprise for profit of 62.6% on average over the last four quarters.

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