) wholly-owned subsidiary, Nokia Solutions and Networks ("NSN"),
has been awarded a five-year contract by
Vodafone Group plc.
), to modernize and expand its existing radio network.
Per the deal, NSN will purvey its Single radio access network
(RAN) Advanced solutions together with operating support systems
and related services. Moreover, NSN will provide a common
Subscriber Data Management solution for Vodafone. However, the
financial terms of the deal have not been disclosed.
Notably, last week, NSN announced six developments in its
Single RAN Advanced portfolio. The new product suite will enable
significant cost cutting on the part of wireless carriers through
fewer boxes, less cabling, faster installation, simpler
operations, higher scalability and more efficient use of
Earlier this week, NSN received a LTE network upgrade contract
from EE, a leading U.K.-based wireless operator. The contract
requires NSN to install its Single RAN Advanced solutions for
Last year, NSN entered into a deal with content delivery
network operator, CDNetworks, to accelerate the delivery of
mobile content. Liquid technology is a software solution for
network infrastructure that drastically reduces the need for
dedicated hardware. NSN stated that its new Liquid Applications
will change the competitive landscape of the telecom
infrastructure gear market by revolutionizing base stations.
Recently, Germany's Manager Magazine Online reported that NSN
is exploring strategic options to acquire network infrastructure
Juniper Networks Inc.
). However, neither Nokia nor Juniper has confirmed the news.
Last year, some industry report stated that Nokia had
intentions of acquiring
) to strengthen its U.S. business, which the company ultimately
rebuffed. Currently, Nokia carries a Zacks Rank #2
ALCATEL ADS (ALU): Free Stock Analysis Report
JUNIPER NETWRKS (JNPR): Free Stock Analysis
NOKIA CP-ADR A (NOK): Free Stock Analysis
VODAFONE GP PLC (VOD): Free Stock Analysis
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