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Nokia Corporation (NOK)

NYSE - NYSE Delayed Price. Currency in USD
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4.9100+0.0100 (+0.20%)
At close: 4:00PM EDT

4.9800 +0.07 (1.43%)
Pre-market: 7:36AM EDT

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Trade prices are not sourced from all markets
Previous close4.9000
Open4.8800
Bid4.9800 x 43500
Ask4.9900 x 312500
Day's range4.8610 - 4.9350
52-week range3.2100 - 9.7900
Volume21,697,752
Avg. volume43,481,450
Market cap27.973B
Beta (5Y monthly)0.56
PE ratio (TTM)N/A
EPS (TTM)-0.4640
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date29-Jul-2019
1y target est5.49
  • Nokia to help transform PLDT and Smart’s nationwide network and standardize virtualization environment
    GlobeNewswire

    Nokia to help transform PLDT and Smart’s nationwide network and standardize virtualization environment

    Press Release Nokia to help transform PLDT and Smart’s nationwide network and standardize virtualization environment Nokia to deploy end-to-end service orchestration and assurance solutions across PLDT and Smart’s nationwide networkAs part of the agreement, Nokia to standardize PLDT and Smart’s Network Function Virtualization Infrastructure across the Philippines 18 May 2021 Espoo, Finland – Nokia today announced it will supply its Digital Operations software, cloud infrastructure software and AirFrame servers to enhance the nationwide network of PLDT, the Philippines’ largest, fully integrated telecommunications company, and its wireless unit Smart Communications (Smart). The suite of solutions will also standardize PLDT and Smart’s virtualization environment for multi-vendor applications. The deployment, which is already underway, will allow PLDT and Smart’s integrated network to increase agility, flexibility and reduce operating costs and time to market when deploying new consumer and enterprise services, with the primary focus of significantly improving customer experience, speed of delivery, and cost of production. Nokia will deploy its Digital Operations software to automate the round-trip lifecycle management of network functions, as well as network-facing and customer-facing services. Specifically, as PLDT and Smart evolve their integrated network from physical to virtual form, the solution will manage two interrelated flows. First, it will oversee the network function lifecycle from onboarding through runtime to decommissioning. Then, it will facilitate the lifecycle from design to deployment and assurance that orchestrates services and network slices across the network. This will enable PLDT and Smart to drive efficiencies into their operations processes while also becoming more agile to deliver innovative market-facing services. Nokia will also standardize PLDT and Smart’s Network Function Virtualization Infrastructure (NFVI) across the South Luzon, Visayas and Mindanao regions of the Philippines, as the unified NFVI for the deployment of multiple vendors’ Virtualized Network Functions. Nokia will deploy applications, operations and network management solutions across its NFVI cloud platform and IP Multimedia Subsystem (IMS) core. Mario G. Tamayo, Head of Technology at PLDT and Smart, said: “Our deployment of Nokia’s software and infrastructure solutions have allowed us to tap into new levels of agility, flexibility and efficiency as we add innovative new offerings to complement our current market-leading consumer and enterprise services. This is an essential part of our broad and all-encompassing effort to keep the integrated PLDT and Smart network optimized and able to deliver the best experience to all our customers.” Raghav Sahgal, President of Cloud and Network Services at Nokia, said: “By automating service, network and cloud operations, PLDT and Smart will not only be able to drive cost-savings, but also increase customer satisfaction – two business objectives that are typically challenging to do simultaneously but are possible with the help of Nokia’s solutions.” Resources Webpage: Nokia Digital Operations CenterWebpage: Nokia Cloud Operations ManagerWebpage: Nokia CloudBand Webpage: Nokia IMS/Voice Core Webpage: Nokia AirFrame Data Center Solution About NokiaWe create technology that helps the world act together. As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world. Media InquiriesNokiaCommunicationsPhone: +358 10 448 4900Email: press.services@nokia.com

  • Nokia deploys data center switching solution to prepare OpenColo for growing colocation services
    GlobeNewswire

    Nokia deploys data center switching solution to prepare OpenColo for growing colocation services

    Press Release Nokia deploys data center switching solution to prepare OpenColo for growing colocation services Solution provides OpenColo with scalable data center switching hardware and an open, programmable NOS with NetOps toolkitAllows OpenColo to meet rapidly growing customer needs and support future 5G, AI and IoT servicesNokia also deploys its IP and optical solutions for internet peering and data center interconnect 13 May 2021 Espoo, Finland – Nokia today announced it is providing the 7220 Interconnect Router (IXR) for data center switching platforms and SR Linux, its network operating system (NOS), to OpenColo, an international colocation provider. Deploying Nokia’s solution gives OpenColo the scalable data center switching it needs to support its growing colocation and hosting operations to support future 5G, AI and IoT services. The Nokia data center switching solution comprises SR Linux, an open Linux based NOS and a NetOps development toolkit that helps automate data center network operations to improve operational efficiency while reducing risk. The services that OpenColo supports using the Nokia data center switching solution include bare metal and managed servers, cloud streaming and data center connectivity. OpenColo is also using the Nokia 1830 Photonic Service Switch (PSS) to interconnect its data centers using dual optical fiber connections running at 100Gbps. OpenColo has also installed the Nokia 7750 Service Router (SR), based on Nokia FP4 silicon, to provide IP routing within and between its data centers, including peering and interconnection to multiple service providers. SR Linux and the 7750 SR share the same proven routing protocols from the Nokia Service Router Operating System (SR OS). This enables OpenColo to offer its customers more reliable and stable data center switching and internet connectivity, as well as the ability to handle future data center and peering traffic needs. Scott Brookshire, CTO of Energy Group Networks, parent company of OpenColo, said: “Nokia and its SR Linux was an easy choice. We wanted a solution that was extensible, open, supported telemetry and gNMI, and was provided by a company that transforms networking both on the hardware and software side. Even more, we needed a partner that understands our needs and can work very closely with us to reimagine our architecture and solve some of our biggest problems. We also appreciated that Nokia builds and supports its hardware, so we have a single vendor to manage and work with should we ever run into problems.” Steve Vogelsang, CTO and head of strategy for Nokia’s IP and optical business, said: “Data center hosting and colocation providers increasingly need open data center switching solutions that scale to support growing business needs and integrate easily into their existing data center operations. In addition, they need the highest capacity and stability for their networks to provide the most reliable services to their customers. Nokia’s data center switching, IP and optical capabilities are powering OpenColo’s data center infrastructure and providing the end-to-end capacity, performance and reliability that OpenColo’s customers depend on and are needed for future services such as 5G, IoT and AI.” Resources Web page: Nokia SR Linux Network Operating SystemWeb page: Nokia Data Center Switching PlatformsWeb page: Nokia 7220 Interconnect RouterWeb page: Nokia 7750 Service RouterWeb page: Nokia Service Router Operating System (SR OS)Web page: Nokia 1830 Photonic Service SwitchWeb page: Nokia networking at webscale About OpenColo OpenColo is the 71,000 square foot state-of-the-art data center in Santa Clara, CA, custom designed and operated by Energy Group Networks (EGN). Since 2003, EGN has been providing superior, cost-effective and customer focused dedicated server and colocation services. OpenColo is a carrier neutral facility that also offers its own bandwidth blend with robust DDOS protection and multiple 100G connectivity to several upstream providers for domestic and international traffic. For further peace of mind, the building is staffed 24/7 by data center technicians. In the OpenColo facility, EGN has implemented a busway power delivery system for custom power configurations and faster power upgrades, N+1 cooling, and 2N power redundancy to compliment a 100% uptime SLA. About Nokia We create technology that helps the world act together. As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world. Linux The registered trademark Linux® is used pursuant to a sublicense from the Linux Foundation, the exclusive licensee of Linus Torvalds, owner of the mark on a worldwide basis. Media Inquiries: Nokia Communications Phone: +358 10 448 4900 Email: press.services@nokia.com

  • Nokia reaches 100 customers for its Quillion-based fixed broadband solutions
    GlobeNewswire

    Nokia reaches 100 customers for its Quillion-based fixed broadband solutions

    Press Release Nokia reaches 100 customers for its Quillion-based fixed broadband solutions The Quillion chipset is so far being shipped in 40 countries100th customer win is celebrated one year after product launch Quillion is enabled for 25G PON and provides 50+% higher energy efficiency than previous generations 12 May 2021 Espoo, Finland – Nokia today announced it has reached the 100-customer milestone for the Quillion chipset-based broadband solutions used in next-generation fiber and copper telecommunication networks. Quillion is now being deployed in more than 40 countries around the world. Nokia started shipping the inhouse-designed Quillion based solutions in 2020. Early customers for GPON or XGS-PON include Proximus, Chorus, Telefonica, KPN, Oi Brazil, TDS Telecom, Hotwire Communications and TIM. Most of Nokia’s fiber shipments are based on the Quillion ‘Multi-PON’ solutions which support today’s 10Gb/s passive optical networks and is the only solution on the market that enables 25Gb/s for high capacity applications, for instance for 5G transport. Quillion based solutions use 50+% less power in fiber installations than previous generations and are two years ahead of the Codes of Conduct for Broadband Communication Equipment targets, helping operators to meet their emissions goals. Sandra Motley, President, Fixed Networks Division at Nokia, said “Next generation access is accelerating. Consumers and businesses need more broadband, and that trend will continue. Operators need innovative solutions that will enable them to keep up with the demand, keep cost under control and future proof their networks, including using fiber for 5G transport. We have developed Quillion to ensure we can bring state-of-the-art solutions that our customers need.” Ed Hyde, Chief Customer Officer, Chorus said: “New Zealanders have wholeheartedly embraced fiber broadband and are increasingly opting for full-speed gigabit plans. To stay ahead of the curve, we recently launched our next generation of wholesale fiber plans, the Hyperfibre product family. With Nokia’s Multi-PON solution we can offer a range of high symmetrical speeds – up to 8Gb/s – to businesses, schools, and consumers. “Infrastructure businesses, like Chorus, play a critical role as New Zealand transitions to a zero-carbon future. Fiber is already by far the most energy efficient broadband technology available, adding Quillion powered access nodes that use 50 percent less power is nothing less than ground-breaking.” Operators who leverage copper infrastructure to boost consumer speeds in areas where fiber is not yet available rely on Quillion to do it more efficiently. Used in copper cabinets, Nokia’s Quillion family equipment reduces rack space by half, meaning it can support twice the number of customers. It also increases line speeds using advanced noise cancellation techniques. Patrick Delcoigne, Network Engineering & Operations Director, Proximus said: “We are building the best gigabit fiber network in Belgium and chose to partner with Nokia because their Quillion-based tech lets us start with 2.5Gb/s speeds, but gives us the flexibility to move to 10Gb/s and even 25Gb/s symmetrical as our customers' needs evolve. Such a colossal capacity also allows Proximus to easily house several other operators on its open network infrastructures. We are on target to reach at least 70% of homes and business with fiber by 2028, and while we’re connecting more and more homes, existing broadband subscribers in less dense areas can also enjoy speeds up of several hundred Mb/s thanks to Nokia's Quillion solution.” Resources: Products Lightspan MF-2, Lightspan FX Optical Line Terminals incorporating Quillion chipset High-resolution images Quillion chipset gallery Video Meet Quillion About NokiaWe create technology that helps the world act together. As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world. Code of Conducts for Broadband Communication EquipmentThe Code of Conduct group sets out the basic principles to be followed by all parties involved in broadband equipment, operating in the European Community, in respect of energy efficient equipment. Media Inquiries:NokiaCommunicationsPhone: +358 10 448 4900Email: press.services@nokia.com