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Nokia (NOK) Upgrades Broadband Infrastructure in Pennsylvania
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Nokia Corporation (NOK - Free Report) revealed that Service Electric Cablevision (“SECV”), a Pennsylvania-based cable operator, has opted to deploy Nokia’s 25 Gigabit PON (Passive Optical Network) Fiber solution across its footprint. SECV aims to offer fast Internet services to more than 200,000 homes by deploying an advanced fiber infrastructure.
Fiber networks are becoming the backbone of the modern telecom ecosystem. As more devices, applications and services become digitized and interconnected, there is rising demand for faster and more robust broadband services. SECV, one of the pioneers of deploying the world's first cable system in 1948, is seeking to upgrade its infrastructure to match this evolving demand pattern.
Successful implantation of Pennsylvania’s first 25G PON fiber to the home network will enable SECV to deliver ultrafast broadband services to end-users and solidify its position as the premier cable operator in the region. Nokia 25G PON is a cost-efficient solution powered by a Quillion chipset that facilitates smooth deployment with existing infrastructure. The value of 25G PON lies in its capability to offer huge symmetrical bandwidth capacity, empowering SECV to provide symmetrical 10Gb/s network services to households and enterprises.
Nokia solutions also pave the way for a seamless transition to future-proof technologies, such as 50G and 100G PON, per evolving market trends. The superior performance, reliability and scalability that 25G PON offers make it a lucrative choice compared to DOCSIS-based networks.
In addition, Nokia is also installing the SF-8M sealed fiber access node. It is the world’s first 25G PON capable node-based optical line terminal that will ensure consistent high-speed broadband services, even in a challenging outdoor environment.
It is pertinent to note that Nokia is witnessing major headwinds in its Fixed Networks portfolio. A slowdown in fiber investments in North America, owing to constrained spending behavior and inventory digestion, has impeded revenues from this segment in the past few quarters. However, the recent venture with SECV may partially reverse this declining trend.
Nokia 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, which enable customers to upgrade to 5G quickly, is growing fast. The company currently has 319 commercial 5G deals with communications service providers globally. It has 110 live 5G networks, both public and private.
The stock has declined 22.1% in the past year against the industry’s growth of 23.7%.
Image Source: Zacks Investment Research
Nokia currently carries a Zacks Rank #3 (Hold).
Stocks to Consider
NVIDIA Corporation (NVDA - Free Report) , currently sporting a Zacks Rank #1 (Strong Buy), delivered a trailing four-quarter average earnings surprise of 20.18%. In the last reported quarter, it delivered an earnings surprise of 13.41%. You can see the complete list of today’s Zacks #1 Rank stocks here.
NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit. Over the years, the company’s focus evolved from PC graphics to AI-based solutions that support high-performance computing, gaming and virtual reality platforms.
InterDigital, Inc. (IDCC - Free Report) , carrying a Zacks Rank #2 (Buy) at present, delivered a trailing four-quarter average earnings surprise of 170.50%. In the last reported quarter, it delivered an earnings surprise of 16.53%.
IDCC is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company designs and develops a wide range of advanced technology solutions, which are used in digital cellular as well as wireless 3G, 4G and IEEE 802-related products and networks.
Qualcomm Incorporated (QCOM - Free Report) , carrying a Zacks Rank #2 at present, delivered a trailing four-quarter average earnings surprise of 5.90%. In the last reported quarter, it delivered an earnings surprise of 15.55%.
With the accelerated rollout of 5G technology, it is benefiting from investments toward building a licensing program in mobile. The company is well-positioned to meet its long-term revenue targets driven by solid 5G traction, greater visibility and a diversified revenue stream. The company is increasingly focusing on the seamless transition from a wireless communications firm for the mobile industry to a connected processor company for the intelligent edge. This augurs well for the long-term growth proposition of the company.
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Nokia (NOK) Upgrades Broadband Infrastructure in Pennsylvania
Nokia Corporation (NOK - Free Report) revealed that Service Electric Cablevision (“SECV”), a Pennsylvania-based cable operator, has opted to deploy Nokia’s 25 Gigabit PON (Passive Optical Network) Fiber solution across its footprint. SECV aims to offer fast Internet services to more than 200,000 homes by deploying an advanced fiber infrastructure.
Fiber networks are becoming the backbone of the modern telecom ecosystem. As more devices, applications and services become digitized and interconnected, there is rising demand for faster and more robust broadband services. SECV, one of the pioneers of deploying the world's first cable system in 1948, is seeking to upgrade its infrastructure to match this evolving demand pattern.
Successful implantation of Pennsylvania’s first 25G PON fiber to the home network will enable SECV to deliver ultrafast broadband services to end-users and solidify its position as the premier cable operator in the region. Nokia 25G PON is a cost-efficient solution powered by a Quillion chipset that facilitates smooth deployment with existing infrastructure. The value of 25G PON lies in its capability to offer huge symmetrical bandwidth capacity, empowering SECV to provide symmetrical 10Gb/s network services to households and enterprises.
Nokia solutions also pave the way for a seamless transition to future-proof technologies, such as 50G and 100G PON, per evolving market trends. The superior performance, reliability and scalability that 25G PON offers make it a lucrative choice compared to DOCSIS-based networks.
In addition, Nokia is also installing the SF-8M sealed fiber access node. It is the world’s first 25G PON capable node-based optical line terminal that will ensure consistent high-speed broadband services, even in a challenging outdoor environment.
It is pertinent to note that Nokia is witnessing major headwinds in its Fixed Networks portfolio. A slowdown in fiber investments in North America, owing to constrained spending behavior and inventory digestion, has impeded revenues from this segment in the past few quarters. However, the recent venture with SECV may partially reverse this declining trend.
Nokia 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, which enable customers to upgrade to 5G quickly, is growing fast. The company currently has 319 commercial 5G deals with communications service providers globally. It has 110 live 5G networks, both public and private.
The stock has declined 22.1% in the past year against the industry’s growth of 23.7%.
Image Source: Zacks Investment Research
Nokia currently carries a Zacks Rank #3 (Hold).
Stocks to Consider
NVIDIA Corporation (NVDA - Free Report) , currently sporting a Zacks Rank #1 (Strong Buy), delivered a trailing four-quarter average earnings surprise of 20.18%. In the last reported quarter, it delivered an earnings surprise of 13.41%. You can see the complete list of today’s Zacks #1 Rank stocks here.
NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit. Over the years, the company’s focus evolved from PC graphics to AI-based solutions that support high-performance computing, gaming and virtual reality platforms.
InterDigital, Inc. (IDCC - Free Report) , carrying a Zacks Rank #2 (Buy) at present, delivered a trailing four-quarter average earnings surprise of 170.50%. In the last reported quarter, it delivered an earnings surprise of 16.53%.
IDCC is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company designs and develops a wide range of advanced technology solutions, which are used in digital cellular as well as wireless 3G, 4G and IEEE 802-related products and networks.
Qualcomm Incorporated (QCOM - Free Report) , carrying a Zacks Rank #2 at present, delivered a trailing four-quarter average earnings surprise of 5.90%. In the last reported quarter, it delivered an earnings surprise of 15.55%.
With the accelerated rollout of 5G technology, it is benefiting from investments toward building a licensing program in mobile. The company is well-positioned to meet its long-term revenue targets driven by solid 5G traction, greater visibility and a diversified revenue stream. The company is increasingly focusing on the seamless transition from a wireless communications firm for the mobile industry to a connected processor company for the intelligent edge. This augurs well for the long-term growth proposition of the company.