Nokia (NOK) Partners Orange to Boost 5G Applications in Europe

24.05.24 14:55 Uhr

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Nokia Corporation NOK and Orange S.A. ORAN have extended their long-term partnership to enhance network programmability and monetization across Europe. Central to this collaboration is Nokia's Network as Code platform, integrated with a developer portal. This initiative will allow developers to exploit Orange's 5G network capabilities, enabling innovative application development across the continent.Orange, a leading European telecom provider with more than 280 million mobile subscribers, already offers commercial-grade network API capabilities via the Orange Developer Portal. By leveraging Nokia’s platform, Orange aims to further engage the global developer ecosystem and unlock advanced 5G network features such as dynamic bandwidth allocation, real-time location insights, predictive maintenance and event-driven security responses.Nokia’s Network as Code platform provides developers with essential tools, including Software Development Kits, comprehensive Network API documentation, a sandbox for testing and simulation and code snippets for integration into new applications. This robust support will empower developers to create new use cases and enhance service offerings for Orange customers.Nokia and Orange plan to deepen their engagement with the developer community, providing pre-commercial support for use cases and leveraging their combined network API expertise. This pilot program will initially roll out in select European countries, utilizing Orange's 5G Labs network.Nokia’s platform unifies telco networks, systems integrators and software developers globally, accelerating 5G and 4G application development. Utilizing industry standards from the GSMA Open Gateway initiative and the Linux Foundation CAMARA, to which both Nokia and Orange contribute, the platform ensures robust and scalable solutions. Orange has already implemented CAMARA's guidelines, with commercial-grade APIs available in France and Spain.Nokia has established collaboration agreements with 12 network operators and ecosystem partners worldwide to use its Network as Code platform. This expansion marks a significant step in Nokia’s strategy to drive network programmability and monetization, validating its commitment to supporting customers in maximizing network asset value.Through this partnership, Nokia stands to gain enhanced market penetration, increased demand for its platform and a stronger presence in the evolving 5G landscape. The collaboration positions it to better capitalize on cloud-native 5G capabilities, fostering innovation and new business opportunities.The stock has lost 2.7% in the past year against the industry’s growth of 51.4%.Image Source: Zacks Investment ResearchZacks Rank & Key PicksNokia currently carries a Zacks Rank #3 (Hold).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Arista Networks, Inc. ANET, sporting a Zacks Rank #1, is likely to benefit from strong momentum and diversification across its top verticals and product lines. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experience. Arista has a long-term earnings growth expectation of 15.7% and delivered an earnings surprise of 15.4%, on average, in the trailing four quarters.It holds a leadership position in 100-gigabit Ethernet switching share in port for the high-speed datacenter segment. Arista is increasingly gaining market traction in 200- and 400-gig high-performance switching products and remains well-positioned for healthy growth in data-driven cloud networking business with proactive platforms and predictive operations.Ubiquiti Inc. UI, carrying a Zacks Rank #2 (Buy) at present, is a key pick in the broader industry. Headquartered in New York, it offers a comprehensive portfolio of networking products and solutions for service providers and enterprises at disruptive prices.It boasts a proprietary network communication platform that is well-equipped to meet end-market customer needs. In addition, it is committed to reducing operational costs by using a self-sustaining mechanism for rapid product support and dissemination of information by leveraging the strength of the Ubiquiti Community.Where Will Stocks Go…If Biden Wins? If Trump Wins?The answers may surprise you.Since 1950, even after negative midterm years, the market has never had a lower presidential election year. With voters energized and engaged, the market has been almost unrelentingly bullish no matter which party wins!Now is the time to download Zacks' free Special Report with 5 stocks that offer extreme upside for both Democrats and Republicans…1. Medical manufacturer has gained +11,000% in the last 15 years.2. Rental company is absolutely crushing its sector.3. Energy powerhouse plans to grow its already large dividend by 25%.4. Aerospace and defense standout just landed a potentially $80 billion contract.5. Giant Chipmaker is building huge plants in the U.S. Hurry, Download Special Report FREE >>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 Orange (ORAN): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report Ubiquiti Inc. (UI): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks

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Nachrichten zu Nokia Oyj (Nokia Corp.)

Analysen zu Nokia Oyj (Nokia Corp.)

DatumRatingAnalyst
15.06.2024Nokia HoldJefferies & Company Inc.
22.04.2024Nokia BuyDeutsche Bank AG
19.04.2024Nokia UnderweightBarclays Capital
19.04.2024Nokia NeutralJP Morgan Chase & Co.
18.04.2024Nokia NeutralUBS AG
DatumRatingAnalyst
22.04.2024Nokia BuyDeutsche Bank AG
31.01.2024Nokia BuyDeutsche Bank AG
06.12.2023Nokia BuyDeutsche Bank AG
05.12.2023Nokia BuyGoldman Sachs Group Inc.
24.10.2023Nokia BuyDeutsche Bank AG
DatumRatingAnalyst
15.06.2024Nokia HoldJefferies & Company Inc.
19.04.2024Nokia NeutralJP Morgan Chase & Co.
18.04.2024Nokia NeutralUBS AG
18.04.2024Nokia HoldJefferies & Company Inc.
18.04.2024Nokia NeutralJP Morgan Chase & Co.
DatumRatingAnalyst
19.04.2024Nokia UnderweightBarclays Capital
25.01.2024Nokia UnderweightBarclays Capital
19.01.2024Nokia UnderweightBarclays Capital
14.07.2023Nokia VerkaufenDZ BANK
10.03.2020Nokia SellGoldman Sachs Group Inc.

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