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Nokia (NOK) Extends BT Partnership With 5-Year Deal for AVA
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Nokia Corporation (NOK - Free Report) recently inked a five-year deal with BT Group plc for an undisclosed amount to improve the fixed network operations of the latter. The deal is likely to strengthen the longstanding business relationship between the two entities and help operators improve network diagnosis and troubleshooting processes by reducing unnecessary manual fixes.
Per the agreement, Nokia will offer its AVA Analytics software for real-time insights and ad-hoc reporting to enable intelligent and automated decision-making process. Leveraging ML and AI techniques, the software will facilitate the UK-based carrier to augment its network monitoring endeavors and boost customer experience. This technology and vendor-agnostic software will enable decentralized data management for disruptive innovation and new value creation.
The deal will also offer an enhanced dashboard solution – Homeview – that will provide the call center agents of BT a real-time full view of the operator’s network, from individual subscribers to devices. This, in turn, will allow agents to quickly access the issues for prompt remedial action and improve customer service across all its phone and digital channels.
By unlocking network efficiencies with common operability, software delivery and increased hardware sharing, Nokia has reduced the total cost of ownership for mobile operators. The company is well-positioned for the ongoing technology cycle, given the strength of its end-to-end portfolio. Its installed base of high-capacity AirScale products is also growing fast.
5G RAN solutions from its leading AirScale portfolio offer extensive indoor and outdoor coverage. The AirScale Radio Access products deliver low-latency, high-capacity mobile connectivity with a low cost of ownership. These can be easily upgraded through a software update, reducing network complexity.
The company 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. Leveraging state-of-the-art technology, Nokia is transforming the way people and things communicate and connect with each other. These include a seamless transition to 5G technology, ultra-broadband access, IP and Software Defined Networking, cloud applications and the Internet of Things.
Nokia enables its customers to move away from an economy-of-scale network operating model to demand-driven operations by offering easy programmability and flexible automation needed to support dynamic operations, reduce complexity and improve efficiency. The company remains focused on building a robust, scalable software business and expanding it to structurally attractive enterprise adjacencies. It has inked more than 252 commercial 5G contracts across the globe.
The company’s end-to-end portfolio includes products and services for every part of a network, which are helping operators to enable key 5G capabilities, such as network slicing, distributed cloud, and industrial IoT. Accelerated strategy execution, sharpened customer focus and reduced long-term costs are expected to position the company as a global leader in the delivery of end-to-end 5G solutions.
The stock has lost 18.6% in the past year compared with the industry’s decline of 28%.
Image Source: Zacks Investment Research
Nevertheless, we remain impressed with the inherent growth potential of this Zacks Rank #4 (Sell) stock.
TESSCO Technologies Incorporated , sporting a Zacks Rank #1, delivered an earnings surprise of 126.1%, on average, in the trailing four quarters. Earnings estimates for TESSCO for the current year have moved up 44.3% since December 2021.
TESSCO offers products to the industry’s top manufacturers in mobile communications, Wi-Fi, wireless backhaul and related products. With more than three decades of experience, it delivers complete end-to-end solutions to the wireless industry.
Harmonic Inc. (HLIT - Free Report) , carrying a Zacks Rank #2 (Buy), delivered an earnings surprise of 55.5%, on average, in the trailing four quarters. Earnings estimates for Harmonic for the current year have moved up 48.6% since March 2021.
Harmonic provides video delivery software, products, system solutions and services worldwide. With more than three decades of experience, it has revolutionized cable access networking via the industry's first virtualized cable access solution, enabling cable operators to more flexibly deploy gigabit Internet service to consumers' homes and mobile devices.
AudioCodes Ltd. (AUDC - Free Report) , sporting a Zacks Rank #1, is likely to benefit from the secular tailwinds related to IP-based communications. Incorporated in 1992 and headquartered in Lod, Israel, it offers advanced communications software, products and productivity solutions for the digital workplace. It has a long-term earnings growth expectation of 9%.
AudioCodes aims to leverage its long-term partnership with Microsoft to further strengthen its market position. It is also likely to benefit from its continued focus on high-margin businesses.
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Nokia (NOK) Extends BT Partnership With 5-Year Deal for AVA
Nokia Corporation (NOK - Free Report) recently inked a five-year deal with BT Group plc for an undisclosed amount to improve the fixed network operations of the latter. The deal is likely to strengthen the longstanding business relationship between the two entities and help operators improve network diagnosis and troubleshooting processes by reducing unnecessary manual fixes.
Per the agreement, Nokia will offer its AVA Analytics software for real-time insights and ad-hoc reporting to enable intelligent and automated decision-making process. Leveraging ML and AI techniques, the software will facilitate the UK-based carrier to augment its network monitoring endeavors and boost customer experience. This technology and vendor-agnostic software will enable decentralized data management for disruptive innovation and new value creation.
The deal will also offer an enhanced dashboard solution – Homeview – that will provide the call center agents of BT a real-time full view of the operator’s network, from individual subscribers to devices. This, in turn, will allow agents to quickly access the issues for prompt remedial action and improve customer service across all its phone and digital channels.
By unlocking network efficiencies with common operability, software delivery and increased hardware sharing, Nokia has reduced the total cost of ownership for mobile operators. The company is well-positioned for the ongoing technology cycle, given the strength of its end-to-end portfolio. Its installed base of high-capacity AirScale products is also growing fast.
5G RAN solutions from its leading AirScale portfolio offer extensive indoor and outdoor coverage. The AirScale Radio Access products deliver low-latency, high-capacity mobile connectivity with a low cost of ownership. These can be easily upgraded through a software update, reducing network complexity.
The company 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. Leveraging state-of-the-art technology, Nokia is transforming the way people and things communicate and connect with each other. These include a seamless transition to 5G technology, ultra-broadband access, IP and Software Defined Networking, cloud applications and the Internet of Things.
Nokia enables its customers to move away from an economy-of-scale network operating model to demand-driven operations by offering easy programmability and flexible automation needed to support dynamic operations, reduce complexity and improve efficiency. The company remains focused on building a robust, scalable software business and expanding it to structurally attractive enterprise adjacencies. It has inked more than 252 commercial 5G contracts across the globe.
The company’s end-to-end portfolio includes products and services for every part of a network, which are helping operators to enable key 5G capabilities, such as network slicing, distributed cloud, and industrial IoT. Accelerated strategy execution, sharpened customer focus and reduced long-term costs are expected to position the company as a global leader in the delivery of end-to-end 5G solutions.
The stock has lost 18.6% in the past year compared with the industry’s decline of 28%.
Image Source: Zacks Investment Research
Nevertheless, we remain impressed with the inherent growth potential of this Zacks Rank #4 (Sell) stock.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
TESSCO Technologies Incorporated , sporting a Zacks Rank #1, delivered an earnings surprise of 126.1%, on average, in the trailing four quarters. Earnings estimates for TESSCO for the current year have moved up 44.3% since December 2021.
TESSCO offers products to the industry’s top manufacturers in mobile communications, Wi-Fi, wireless backhaul and related products. With more than three decades of experience, it delivers complete end-to-end solutions to the wireless industry.
Harmonic Inc. (HLIT - Free Report) , carrying a Zacks Rank #2 (Buy), delivered an earnings surprise of 55.5%, on average, in the trailing four quarters. Earnings estimates for Harmonic for the current year have moved up 48.6% since March 2021.
Harmonic provides video delivery software, products, system solutions and services worldwide. With more than three decades of experience, it has revolutionized cable access networking via the industry's first virtualized cable access solution, enabling cable operators to more flexibly deploy gigabit Internet service to consumers' homes and mobile devices.
AudioCodes Ltd. (AUDC - Free Report) , sporting a Zacks Rank #1, is likely to benefit from the secular tailwinds related to IP-based communications. Incorporated in 1992 and headquartered in Lod, Israel, it offers advanced communications software, products and productivity solutions for the digital workplace. It has a long-term earnings growth expectation of 9%.
AudioCodes aims to leverage its long-term partnership with Microsoft to further strengthen its market position. It is also likely to benefit from its continued focus on high-margin businesses.