Nokia & Sprint Augment 5G Network With Software Upgrade
Zacks Investment Research | Mar 24, 2020 09:19PM ET
In a concerted effort to deliver unparalleled network capacity, Nokia (HE:NOKIA) Corporation (NYSE:NOK) collaborated with a leading wireless service provider — Sprint Corporation (NYSE:S) — for the deployment of 5G network through a software upgrade on Nokia’s much-acclaimed AirScale solution. The partnership is likely to aid businesses and customers with reliable network connectivity, especially at a time when majority of communication service providers (CSPs) migrate toward experience-driven and automated 5G network operations.
Markedly, Nokia is focused on its strategy that centers on four priorities. The first priority is to lead in high-performance end-to-end networks with its CSP customers. The second priority is based on its relentless pursuit to expand network sales to select vertical markets, specifically energy, transportation, public sector, technical extra-large enterprises and webscale players. Building a strong standalone software business remains the third strategic priority. The fourth pillar aims to create new business and licensing opportunities in the consumer ecosystem.
Equipped with intelligent analytics and automation, the Finnish company’s AirScale Radio Access is a ground-breaking technology that provides enhanced 5G network capacity with ultra-low latency and seamless connectivity solutions. Touted as industry’s first-of-its-kind commercial end-to-end 5G solution, the avant-garde technology enables operators to capitalize 5G-backed opportunities on a nascent stage. The innovative solution also allows operators to boost profitability, support environment-friendly operations and maximize the value of both licensed and unlicensed spectrum with minimum future capital expenditures.
Markedly, the lab test was conducted with the help of Sprint’s 2.5 GHz spectrum and E-UTRAN New Radio - Dual Connectivity (EN-DC) and Multi-User-Multiple Input Multiple Output (MU-MIMO) technology. Impressively, this innovative blend of next-gen technology, delivered record speeds of 3 Gbps, by only leveraging a single AirScale unit. Per Original post
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.