Nokia and Telecom Argentina announced a collaboration agreement in which Nokia’s Network as Code with developer portal will enable new developer-created use cases for consumer, enterprise, and industrial customers in Latin America markets. The agreement will help foster the GSMA’s Open Gateway ecosystem for network operations in Latin America.
BT launched NB-IoT network covering 97% of the UK to boost IoT use in sectors like utilities and construction. Elisa and Nokia showcased 5G Advanced’s L4S technology, demonstrating its potential to improve connectivity. Nokia’s Virtual Power Plant Controller Software enables mobile operators to lower energy costs, earn revenue, and reduce carbon emissions. LeapXpert and ASC collaborate to offer a compliance recording solution for Microsoft Teams, enabling regulated external communications.
Stage X won South Korea’s fourth mobile operator spot with a $322 million bid for 5G spectrum. Yellow.ai and Infobip have partnered to enhance global customer support through AI-driven voice automation and conversational experiences.
Breezeline invests in a 525-mile fiber network to boost internet for 45,000 homes and businesses in New Hampshire. DARPA, in partnership with Nokia’s Bell Labs and others, aims to develop a sustainable Moon base with a robust telecom network to support future Mars expeditions.
NOC Portugal recently entered into a significant agreement with Nokia, encompassing a 5G Standalone Core implementation and a joint effort to develop APIs. This collaboration marks a step forward in NOC’s commitment to innovating in the 5G realm, offering customers new, cutting-edge services.
Facing an economic upheaval, telecom leaders like Nokia, Ericsson, and AT&T post disappointing financial outcomes for 2023, attributed to factors like changing customer behavior and a challenging macro-economic environment. However, there are glimmers of hope, evidenced by Nokia’s significant free cash flow generation amidst a major slump in sales.
AST SpaceMobile secures a funding boost of $206.5 million from AT&T, Google, and Vodafone. Used smartphone market saw a robust 9.5% growth, while the new smartphone market faced a 3.2% decline. Nokia and Oppo have resolved their patent dispute with a multi-year cross-licensing agreement on 5G technology. ASC Americas partners with Wilmac Technologies to integrate ASC’s “Recording Insights” into Wilmac’s services. Mavenir has secured a contract to modernize messaging capabilities for Deutsche Telekom networks.
Amid challenging market conditions, Nokia emphasizes preserving patent portfolio value over timelines. Despite an optimistic outlook, their declining Q3 net sales and plans to curtail costs speak volumes. Nokia’s pivotal contracts loss to Ericsson hits hard, showcasing the constant flux in the telcos sphere.
Nokia, in collaboration with the HellasQCI consortium, has achieved a significant milestone in the realm of quantum-safe connectivity infrastructure. The joint initiative aimed to assess the viability of quantum-safe solutions across diverse sectors, including government, research, education, defense, law enforcement, and private sector critical infrastructure owners.
Nokia’s augmentation of its Drones-as-a-Service venture promises new opportunities in North America by providing industries with various business solutions using drone technology. Options range from purchasing to leasing or sharing drones, creating opportunities for revenue streams in a broad spectrum of industries. These robust drones, deployed via 4G/LTE or 5G connections, can perform diverse tasks like remote surveillance and hazardous area inspections.
Launched in September, Nokia’s Network as a Code aims to help operators optimize their 5G resources. By granting developers extensive network access, this platform unlocks opportunities for new application creation. With the advantage of 5G’s inherent software-based architecture, such innovative companies like BT Group are exploring unsuspected capabilities for enhanced network quality.
