Nokia, EBB Team Up to Upgrade AI Data Centers Across Malaysia

Nokia NOK has announced a contract with Extreme Broadband ("EBB") and its subsidiary, Open DC, to enhance the performance and security of Open DC’s Artificial Intelligence (AI) data centers across Malaysia. This initiative aligns with the country’s National Cloud Computing Policy and caters to the high standards of the banking and financial services sector, strengthening EBB and Open DC’s position as leading players in Malaysia’s digital infrastructure space.The company’s advanced IP network solutions will interconnect six Open DC facilities, including CJ1 Cyberjaya, JB1 Menara MSC Cyberport and JB2 Menara Ansar in Johor Bahru, PE1 Menara Suntech and PE2 Bayan Lepas Industrial Park in Penang, and the upcoming D8-1 site in Kedah. The deployment will deliver a highly reliable and secure network, supporting EBB’s vision of “Innovating Connectivity” and Open DC’s mission to establish strategic connectivity hubs nationwide.Nokia Corporation Price and Consensus Nokia Corporation price-consensus-chart | Nokia Corporation QuoteNokia and EBB have also signed a Memorandum of Understanding (MoU) to collaborate on data center solutions and quantum-safe networks (QSN). Together, the companies will develop joint go-to-market strategies for AI and data center connectivity, offering services such as enterprise connectivity, multi-cloud integration and Distributed Denial of Service (DDoS) protection. They will also conduct joint testing and validation of Nokia’s Data Center Gateway, Data Center Fabric with Event-Driven Automation (EDA) tools and DDoS security solutions.The modernization will leverage Nokia’s Data Center Fabric, Data Center Gateway and quantum-safe networking technologies, alongside its energy-efficient 7250 and 7220 Interconnect Routers. These solutions will ensure long-term scalability, sustainability and protection for Open DC’s data centers.Management highlighted that Nokia has built trust with data center operators worldwide, and this collaboration with Extreme Broadband will help them play a bigger role in Malaysia’s fast-growing data center industry. The company’s IP solutions deliver unmatched reliability, scalability and efficiency, empowering Open DC to serve customers with next-generation security and performance.Recently, Nokia was chosen by Vortex Group to upgrade its IP edge and transport network across Maharashtra, Goa and Gujarat in India. The initiative aims to boost broadband speeds, extend connectivity to underserved areas and transform Vortex’s infrastructure into a more scalable and efficient system.Nokia is driving the transition of global enterprises into smart virtual networks by creating a single network for all services, converging mobile and fixed broadband, IP routing and optical networks with the software and services to manage them. Leveraging state-of-the-art technology, Nokia is transforming the way people and things communicate and connect. These include seamless transition to 5G technology, ultra broadband access, IP and Software Defined Networking, cloud applications and Internet of Things.In 2025, the company expects strong sales growth in the Network Infrastructure, Cloud and Network Services segment. Nokia expects stable net sales from the Mobile Networks segment.However, Nokia is exposed to the highly cyclical nature of the telecommunications industry. Certain periods of high investments followed by a slowdown create uncertainty regarding the company’s top-line growth. Moreover, stiff competition in the wireless equipment market and macroeconomic headwinds remain major concerns.NOK’s Zacks Rank & Stock Price PerformanceNokia currently carries a Zacks Rank #4 (Sell). The stock has lost 1.8% over the past year against the Wireless Equipment industry’s growth of 27.9%.Image Source: Zacks Investment ResearchStocks to Consider From the Computer and Technology SpaceSome better-ranked stocks from the broader technology space are  InterDigital, Inc. IDCC Ubiquiti Inc. UI and Motorola Solutions, Inc. MSI. IDCC carries a Zacks Rank #1 (Strong Buy), while UI and MSI have a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.InterDigital’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, with the average surprise being 54.27%. In the last reported quarter, IDCC delivered an earnings surprise of 94.05%. Its shares have surged 100.8% in the past year.Ubiquiti earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 49.5%. In the last reported quarter, UI delivered an earnings surprise of 82.47%. UI shares have skyrocketed 170.3% over the past year.MSI’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 6.8%. In the last reported quarter, MSI delivered an earnings surprise of 6.25%. Its shares have increased 7.3% in the past year.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They includeStock #1: A Disruptive Force with Notable Growth and ResilienceStock #2: Bullish Signs Signaling to Buy the DipStock #3: One of the Most Compelling Investments in the MarketStock #4: Leader In a Red-Hot Industry Poised for GrowthStock #5: Modern Omni-Channel Platform Coiled to SpringMost of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nokia Corporation (NOK): Free Stock Analysis Report Motorola Solutions, Inc. (MSI): Free Stock Analysis Report InterDigital, Inc. (IDCC): Free Stock Analysis Report Ubiquiti Inc. (UI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks