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Nokia (NOK) Unveils Open Radio Access Network Center in Dallas
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Nokia Corporation (NOK - Free Report) has opened its first Open Radio Access Network (O-RAN) Collaboration and Testing Center at its office in Dallas, TX.
The state-of-the-art center will support the development of O-RAN compliant solutions.
This new facility underscores Nokia’s commitment toward O-RAN and Edge Cloud innovation. The Finland-based company plans to open similar facilities at its other global offices in the future.
Nokia is considered the first major global RAN vendor to join the Open RAN Policy Coalition. It aims to lead an open mobile future with strong network performance and security.
The center will provide a collaborative working environment to perform tests for launching O-RAN compliant solutions. Initially, it will focus on the Open Fronthaul Interface and near-real-time RAN Intelligent Controller, which will help automate and optimize the network.
The center has been built with a range of test tools to ensure a collaborative and confidential test environment. It provides work area isolation of vendor personnel and equipment through access controls and network segregation.
Nokia’s C-Band portfolio supports 5G standalone and non-standalone networks, cloud-based implementations and O-RAN products.
The company is well positioned to benefit from the increasing demand for next-generation connectivity. It is on track to achieve sustainable, profitable growth and technology leadership.
Nokia’s shares have gained 30.5% in the past six months compared with 3.1% growth of the industry.
Image Source: Zacks Investment Research
The stock currently carries a Zacks Rank #2 (Buy).
Cambium delivered a trailing four-quarter earnings surprise of 46.5%, on average.
Altice delivered a trailing four-quarter earnings surprise of 61.5%, on average.
Vicor delivered a trailing four-quarter earnings surprise of 80.6%, on average.
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Image: Bigstock
Nokia (NOK) Unveils Open Radio Access Network Center in Dallas
Nokia Corporation (NOK - Free Report) has opened its first Open Radio Access Network (O-RAN) Collaboration and Testing Center at its office in Dallas, TX.
The state-of-the-art center will support the development of O-RAN compliant solutions.
This new facility underscores Nokia’s commitment toward O-RAN and Edge Cloud innovation. The Finland-based company plans to open similar facilities at its other global offices in the future.
Nokia is considered the first major global RAN vendor to join the Open RAN Policy Coalition. It aims to lead an open mobile future with strong network performance and security.
The center will provide a collaborative working environment to perform tests for launching O-RAN compliant solutions. Initially, it will focus on the Open Fronthaul Interface and near-real-time RAN Intelligent Controller, which will help automate and optimize the network.
The center has been built with a range of test tools to ensure a collaborative and confidential test environment. It provides work area isolation of vendor personnel and equipment through access controls and network segregation.
Nokia’s C-Band portfolio supports 5G standalone and non-standalone networks, cloud-based implementations and O-RAN products.
The company is well positioned to benefit from the increasing demand for next-generation connectivity. It is on track to achieve sustainable, profitable growth and technology leadership.
Nokia’s shares have gained 30.5% in the past six months compared with 3.1% growth of the industry.
The stock currently carries a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the broader industry are Cambium Networks Corporation (CMBM - Free Report) , Altice USA, Inc. (ATUS - Free Report) and Vicor Corporation (VICR - Free Report) , each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Cambium delivered a trailing four-quarter earnings surprise of 46.5%, on average.
Altice delivered a trailing four-quarter earnings surprise of 61.5%, on average.
Vicor delivered a trailing four-quarter earnings surprise of 80.6%, on average.
Time to Invest in Legal Marijuana
If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027.
After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%.
You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.
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