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Nokia (NOK) Tests 5G mmWave Network With Qualcomm & US Cellular

Nokia Corporation NOK joined forces with Qualcomm Incorporated QCOM and American Cell Corporation USM is successfully conducting a field study of a 5G mmWave solution in a commercial network. The test results are likely to sow the seeds of extended 5G coverage in rural areas with improved connectivity and low latency features.

Using AirScale Baseband and mmWave radios in the 28 GHz band, the test was conducted at the US Cellular sales network in Grand Island, Northern Ireland, using a Qualcomm Snapdragon X55 5G Modem-RF system and a Qualcomm QTM527 mmWave antenna module. Tests were undertaken in a number of locations to assess efficacy in different scenarios, measuring distance, performance and latency in each case to obtain a comprehensive picture.

The experiments achieved an extended range of over 10 km over mmWave with an average download speed of about 1 Gbps and an uplink speed of about 57 Mbps. With the rapid adoption of wireless products and services, 5G mmWave serves as a transformative technology that delivers superior network performance with an enhanced customer experience. This disruptive platform is known primarily for low latency connectivity and cost-effective network capacity, which makes it even more useful among mobile operators and subscribers. As 5G mmWave continues to gain stable grip in mobile networks, it is expanding into new applications for indoor / outdoor and smart campuses. This in turn is likely to bridge the digital divide and make 5G more widespread across the country.

Nokia is well positioned for the current technology cycle, given the strength of its portfolio from end to end. The company’s profitable deal level is encouraging with remarkable success in key 5G markets in the United States and China. Its installed base of high-capacity AirScale products, which allows customers to quickly upgrade to 5G, is growing rapidly. The company is driving the transition of global enterprises to smart virtual networks by 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, IP and software-defined networks, cloud applications and the Internet of Things.

Nokia’s mmWave portfolio offers a wide range of deployment options, giving operators some flexibility in ensuring business continuity across business environments. The company is witnessing a healthy impetus in its focus areas of software and enterprise, which portends well for the licensing business. It is ready to take advantage of the introduction of copper and fiber on passive optical networks. It is the only global provider to offer O-RAN with commercial 5G Cloud-RAN networks. Nokia intends to accelerate the implementation of the strategy, sharpen the focus of customers and reduce long-term costs to repel competition from competing companies. This, in turn, positions it well for achieving sustainable and profitable growth and expanding its business in vertical markets with high growth for technological leadership.

Shares have gained 25.4% in the last year compared to the rally in the industry of 42.3%.

Sachs Investment Research

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Nokia currently has Zacks rank №2 (Buy). Another best ranked stock in the industry is Aviat Networks, Inc. AVNW, wearing Zacks rank №2. You can see the full list of today’s shares of Zacks # 1 Rank (Strong Buy) here.

Aviat delivered a surprising profit of 57.3% on average for the last four quarters.

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