|Bid||5.10 x 36100|
|Ask||5.11 x 306000|
|Day's Range||5.01 - 5.14|
|52 Week Range||2.34 - 5.45|
|Beta (5Y Monthly)||0.42|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jul. 29, 2019|
|1y Target Est||5.19|
Is (NOK) Outperforming Other Computer and Technology Stocks This Year?
Press ReleaseNokia selected by Asia Pacific Telecom as sole 5G (NSA/SA) vendor * Exclusive deal covers both 5G RAN and Core * State-of-the-art network software will ensure secure launch and monetization of 5G services * Asia Pacific Telecom to deploy 28 GHz mmWave network for ultra-fast broadband 4 August 2020 Espoo, Finland – Nokia today announced that it has been selected by Taiwanese mobile operator Asia Pacific Telecom (APT) as the single vendor for 5G New Radio (NR) in a deal that also encompasses 5G core (non-standalone and standalone), security and monetization. APT will deploy high-band 28 GHz mmWave in Taiwan to deliver the ultra-fast mobile broadband speeds expected in the 5G era.The exclusive deal will see Nokia provide a number of its AirScale Radio Access solutions. These solutions will enable APT to deliver market-leading 5G experiences to subscribers with ultra-fast data speeds, ultra-low latency, and a new level of connectivity. AirScale Radio Access is an industry-first commercial end-to-end 5G solution enabling operators to capitalize early on 5G.As part of the deal, APT will also deploy Nokia software spanning Core Network, monetization and security. The cloud-native Cloud Mobile Gateway (CMG) and Cloud Mobility Manager (CMM) appliance solutions, from Nokia’s Cloud Packet Core (CPC) portfolio, will deliver a highly scalable and flexible Control/User Plane Separation (CUPS) architecture. The CPC cloud-native design also gives APT the capability to rapidly launch 5G services to its customers without making significant changes to the network. Additional virtual network functions and applications to be deployed on Nokia CloudBand and NetAct will manage these along with the physical network elements. This will allow APT to shift its network and operations to cloud-native automated efficiency and to rapidly launch and monetize new 5G experiences and enterprise services. NetGuard Certificate Manager will, in turn, ensure efficient and secured management of digital entities. Nokia will also provide its Nokia AirFrame data center solution to support cloud-based applications necessary for future telco and IT networking and service delivery, and digital design and deployment for a faster time to market, as well as optimization and technical support services. APT plans to launch 5G services later this year and has ambitious plans to use the technology to develop Taiwan’s enterprise sector as well as introduce cloud gaming, virtual reality, augmented reality and streaming services to subscribers. Nokia will support APT in meeting its ambitious targets for 5G, targeting six vertical industries: smart manufacturing, smart retail, smart medical, smart transportation, smart entertainment, and smart energy. APT secured 400MHz in the 28 GHz frequency range but not mid-band spectrum and plans to work with other operators to share network in the 3.5 GHz frequency range in order to offer services in both bands. Nokia is a long-standing partner of APT and provides the majority of its 4G network. Mr. Nanren Huang, President at Asia Pacific Telecom said: “APT has ambitious targets for its 5G services, including transforming the enterprise and consumer sectors in Taiwan with new and enhanced high-speed services. We are excited to continue our long-standing relationship with Nokia as we enter the 5G era and look forward to achieving our goals with them as our partner.”Tommi Uitto, President of Mobile Networks at Nokia, said: “This is another important win for us in Taiwan with a long-standing partner. APT is pioneering the implementation of high-band 5G at 28 GHz mmWave in the region with Nokia as its sole supplier. We look forward to helping APT execute its strategy and deliver compelling and transformative experiences, using Nokia’s end-to-end 5G solution to business and consumers alike.”Resources: Webpage: Nokia AirScaleWebpage: Nokia 5G RANWebpage: Nokia CoreWebpage: Nokia MonetizationWebpage: Nokia NetGuard Certificate ManagerWebpage: Nokia CloudBandWebpage: Cloud Packet CoreWebpage: Nokia NetActDid you know? Nokia’s radio access portfolio includes solutions supporting the vast majority of 3GPP frequency bands, low-band to mmWaves.About Nokia We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks. Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia.Media Inquiries: Nokia Communications Phone: +358 10 448 4900 Email: email@example.com
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