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Nokia's revamped home wifi software suite, now known as Corteca, promises to revolutionize in-home connectivity management.
Broadband

Nokia’s Corteca: Transforming In-Home WiFi Experience

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Nokia’s revamped home wifi software suite, now known as Corteca, promises to revolutionize in-home connectivity management and user experience. This holistic solution boasts advanced features like Corteca Cloud for network management and Corteca Device Software for device administration. More intriguing is the upcoming Corteca Marketplace, offering ‘try-before-you-buy’ applications, potentially opening new revenue horizons. Despite the anticipation, the question remains – will this alleviate users’ connectivity woes and truly enhance their in-home broadband experience? Stay tuned as the story unfolds.

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Nokia has joined forces with TPG and Mediatek to illustrate the potential of carrier aggregation technology for 360-degree broadcasts.
Market Watch

Exploring Nokia’s 360-Degree Live Streaming for the Metaverse Era

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Nokia, TPG and Mediatek are collaborating to showcase the power of carrier aggregation technology in live-streaming 360-degree broadcasts, a key element for future metaverse applications. The demonstration at Nokia’s 5G Futures Lab used multiple sub-6 GHz frequency bands to maximize 5G uplink speeds, enabling real-time transmission of high-quality video. The technology could revolutionize the viewing experience for TV, movies, sports and industrial metaverse scenarios such as remote-controlled robots performing hazardous tasks.

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Nokia recently revealed its Q2 financials, with sales coming in at flat €5.7 billion when compared to the previous year.
5G

Navigating Nokia’s Revenue Shift Amid 5G Rollouts and Capex Trends

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In a recently revealed Q2 report, Nokia showed flat sales at €5.7 billion year over year, suggesting reduced capital expenditure by operators. Interestingly, while a 5% sales growth in Nokia’s Mobile Networks unit occurred, a troubling 6% decline at the Network Infrastructure division offset this boost. With stark contrasts across regions, North American sales notably dropped by 42% as 5G deployments slowed, while energetic 5G deployments in India couldn’t adequately balance the losses. Mirroring these figures, Ericsson too reported a 9% year over year decrease in Q2 revenue. A gloomy yet realistic outlook from Nokia’s CEO Pekka Lundmark, coupled with analyst firm Dell’Oro’s forecast on the shrinking RAN predictions, suggests telecommunications could be in for a turbulent few years.

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South America viewed from space with sunrise on planet Earth and stars, overview of Amazon river and forest, night lights from cities in Brazil, Argentina, Chile, Peru, map elements from NASA, 8k. Telefonica Nokia
Telecom News

Telefónica and Nokia Ignite Digital Transformation in Latin America

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Telefonica teams up with Nokia in a bold move to investigate the application of private mobile networks within Latin American businesses. They aim to foster digital transformation across “promising industries”, including ports, energy, mining, and manufacturing. Despite 5G’s infancy in the region, Ericsson’s recent report suggests a promising future, predicting 5G will constitute 42% of all mobile subscriptions by 2028. Meanwhile, Nokia’s data reveals that a whopping 80% of companies implementing their industrial-grade private wireless solutions expect a positive return on investment within six months.

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