Don’t Sleep on Nokia: Quietly Accelerating Into Infinera Merger

Nokia Oyj is a worldwide provider of telecom equipment and network infrastructure solutions. The computer and technology sector giant is a major facilitator of 5G and 4G infrastructure deployment along with competitor Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC).Nokia Offers Solutions for All Networks Originally known as a dominant mobile phone manufacturer before the age of smartphones, Nokia migrated towards becoming an end-to-end network infrastructure solutions provider. They have expanded their services to cover a wide range of networks, including:Mobile Networks: Nokia provides hardware and software to outfit and manage 5G and earlier generation networks to telecom and wireless cellular providers like T-Mobile US Inc. (NASDAQ: TMUS). It was a pioneer in spearheading 5G rollouts and will be a key player in 6G, which is expected to expand the metaverse and extended reality (XR). The commercial rollout is expected to be commercially available by 2030.Cloud Networks: Nokia offers cloud infrastructure services, including software-defined networking (SDN) and network security solutions. They provide network management and optimization software and tools.Optical Networks: Nokia offers high-capacity optical transport solutions to enable data transmission over long distances, as well as internet protocol (IP) networking routers and switches that enable data transmission across networks.Nokia’s Business Is Still Normalizing Macroeconomic pressures on telecom operators have caused them to slow down their spending, which is having an impact on Nokia, especially with the tough YoY comps.Nokia reported that in the second quarter of 2024, …Full story available on Benzinga.com