Back to top

Image: Bigstock

Nokia's Nuage Networks Partners Philippines' Globe Telecom

Read MoreHide Full Article

Nokia Corporation (NOK - Free Report) recently announced that its Nuage Networks has partnered with Globe Telecom to provide software-defined WAN (SD-WAN) services to large enterprise customers as well as small and midsize businesses across Philippines. Globe Telecom is a telecommunications service provider based in the archipelagic country in Southeast Asia.

The Nuage Networks SD-WAN solution offers a range of branch routers and gateways at the remote site to facilitate seamless and automated connectivity to cloud networks. The technology provides a flexible and open SD-WAN infrastructure to enable Globe Telecom deliver cloud-native business services, allowing enterprises to move to the cloud.

The Nuage Networks Virtualized Network Services (VNS) automate branch site connectivity to help service providers and enterprises reduce operational overhead and launch new services faster. It aligns network service with needs of the enterprise, offering flexibility to deliver an unconstrained network experience that matches the dynamic cloud environment. It offers deployment options for cloud integration and branch virtual private network services.

The Nuage Networks VNS increases the microsegmentation of security within and across the WAN environment. It embeds physical firewall appliances at each site functionality directly into network flows. Data and location security are centrally controlled and pushed to the branch as a core function of the connectivity service. It provides centralized control of IP routing, Layer 2 forwarding and security profiles.

Nuage Networks VNS uses alternative bandwidth options at the branch to improve its connection to central IT environment. It automatically invokes a backup circuit and reroutes branch back into the corporate network in the event of a connection failure.

Nokia is driving the transition of global enterprises into smart virtual networks by creating a single network for all services, converging mobile and fixed broadband, IP routing and optical networks with the software and services to manage them.

In the past three months, shares of Nokia have rallied 1.3% compared with the industry’s growth of 8.1%.        



Nokia currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include Comtech Telecommunications Corp. (CMTL - Free Report) , Micron Technology, Inc. (MU - Free Report) and AT&T Inc. (T - Free Report) . While Comtech and Micron sport a Zacks Rank #1 (Strong Buy), AT&T carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.               

Comtech has a long-term earnings growth expectation of 5%. It beat earnings estimates in each of the trailing four quarters, the average being 123.7%.          

Micron has a long-term earnings growth expectation of 8.2%. It beat earnings estimates in each of the trailing four quarters, the average being 5.9%.   

AT&T has a long-term earnings growth expectation of 3.4%. It exceeded earnings estimates twice in the trailing four quarters with an average positive surprise of 5.8%.

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.

See Them Free>>

Published in