Nokia And AT&T Partner For Next-Gen Fiber Network: Details
Portfolio Pulse from Lekha Gupta
Nokia has entered a multi-year agreement with AT&T to upgrade and expand AT&T's fiber network using Nokia's Lightspan MF and Altiplano platforms. This partnership aims to enhance AT&T's fiber infrastructure, supporting next-gen PON technologies. The deal comes after Nokia lost a major contract with AT&T to Ericsson. Nokia's stock is down 1.46%.
September 03, 2024 | 2:59 pm
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Ericsson recently won a major contract with AT&T to build a telecom network covering 70% of its U.S. wireless traffic, which may overshadow Nokia's new deal with AT&T.
Ericsson's recent contract win with AT&T is significant, covering a large portion of AT&T's U.S. wireless traffic. This may overshadow Nokia's new fiber deal, but it highlights Ericsson's strong position in the telecom market.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Investors can gain exposure to Nokia's developments through the iShares U.S. Digital Infrastructure and Real Estate ETF, which includes NOK stock.
The iShares U.S. Digital Infrastructure and Real Estate ETF includes Nokia stock, providing investors a way to gain exposure to Nokia's recent developments, including the AT&T partnership.
CONFIDENCE 75
IMPORTANCE 40
RELEVANCE 30
POSITIVE IMPACT
Nokia has secured a multi-year deal with AT&T to enhance its fiber network, using Nokia's advanced platforms. This partnership is significant for Nokia's fiber solutions business, despite a recent contract loss to Ericsson.
The partnership with AT&T is a positive development for Nokia, as it strengthens its position in the fiber solutions market. Despite the recent loss of a major contract to Ericsson, this deal could help offset some of the negative impact. The stock's current decline may be temporary as the market digests the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Defiance Connective Technologies ETF offers exposure to Nokia's advancements, including the new partnership with AT&T.
The Defiance Connective Technologies ETF includes Nokia, providing investors exposure to its recent partnership with AT&T and other technological advancements.
CONFIDENCE 75
IMPORTANCE 40
RELEVANCE 30
POSITIVE IMPACT
AT&T partners with Nokia to upgrade its fiber network, enhancing its infrastructure with next-gen technologies. This deal supports AT&T's strategy to expand its fiber reach and improve network capabilities.
The partnership with Nokia is a strategic move for AT&T to enhance its fiber network capabilities. This aligns with AT&T's goals to expand its fiber reach and improve service offerings, potentially benefiting its market position.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80