Nokia

Nokia and Celesta Capital Announce Major Strategic Partnership for Acceleration of Deep Technologies

Retrieved on: 
Monday, December 11, 2023

SAN FRANCISCO, Dec. 11, 2023 /PRNewswire/ -- Nokia and Celesta Capital today announced a long-term strategic partnership to accelerate the commercialization of deep technologies invented by Nokia Bell Labs, including advanced communications, AI and deep learning, next-generation semiconductor fabrication, sensors, and quantum computing. Celesta Capital will help cultivate and invest in key technologies incubated and developed within Nokia Bell Labs, to form commercially viable, independent venture-backed companies. The new partnership unites Nokia Bell Labs' robust IP portfolio and research prowess with Celesta Capital's unique expertise as a global deep tech investor and business builder.   

Key Points: 
  • SAN FRANCISCO, Dec. 11, 2023 /PRNewswire/ -- Nokia and Celesta Capital today announced a long-term strategic partnership to accelerate the commercialization of deep technologies invented by Nokia Bell Labs, including advanced communications, AI and deep learning, next-generation semiconductor fabrication, sensors, and quantum computing.
  • Celesta Capital will help cultivate and invest in key technologies incubated and developed within Nokia Bell Labs, to form commercially viable, independent venture-backed companies.
  • The new partnership unites Nokia Bell Labs' robust IP portfolio and research prowess with Celesta Capital's unique expertise as a global deep tech investor and business builder.
  • The core focus of the partnership will work to incorporate technology developed by Nokia Bell Labs into newly created companies.

North American Optical Transport Market Declined in 3Q 2023, According to Dell'Oro Group

Retrieved on: 
Tuesday, December 5, 2023

REDWOOD CITY, Calif., Dec. 5, 2023 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the North American Optical Transport equipment market contracted 4 percent year-over-year (Y/Y) in 3Q 2023. This is in contrast to the market outside the North American region where demand improved for a third consecutive quarter, growing 6 percent Y/Y.

Key Points: 
  • REDWOOD CITY, Calif., Dec. 5, 2023 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the North American Optical Transport equipment market contracted 4 percent year-over-year (Y/Y) in 3Q 2023.
  • This is in contrast to the market outside the North American region where demand improved for a third consecutive quarter, growing 6 percent Y/Y.
  • Additional highlights from the 3Q 2023 Optical Transport Quarterly Report:
    The worldwide Optical Transport market is projected to grow at an average annual rate of 3 percent, reaching $16 billion by 2024.
  • The North American and Latin American regions declined Y/Y in 3Q 2023 due to a mixture of issues: excess inventory, worsening macro-conditions, fear of recession, and higher borrowing costs.

Huawei and Ericsson Take the Lead in ABI Research's 5G End-to-End Core Network Automation and Orchestration Vendor Competitive Ranking

Retrieved on: 
Tuesday, December 5, 2023

These innovation and implementation criteria were identified as vital for the continual growth and market acceptance of 5G Core (5GC) network automation and orchestration solutions among communication service providers (CSPs).

Key Points: 
  • These innovation and implementation criteria were identified as vital for the continual growth and market acceptance of 5G Core (5GC) network automation and orchestration solutions among communication service providers (CSPs).
  • "ABI Research ranked Huawei as the overall 5GC network automation and orchestration leader.
  • The top four overall 5GC network automation and orchestration leaders are Huawei, Ericsson , Nokia , and ZTE .
  • These findings are from ABI Research's 5G End-to-End Core Network Automation and Orchestration competitive ranking report.

Huawei and Ericsson Take the Lead in ABI Research's 5G End-to-End Core Network Automation and Orchestration Vendor Competitive Ranking

Retrieved on: 
Tuesday, December 5, 2023

These innovation and implementation criteria were identified as vital for the continual growth and market acceptance of 5G Core (5GC) network automation and orchestration solutions among communication service providers (CSPs).

Key Points: 
  • These innovation and implementation criteria were identified as vital for the continual growth and market acceptance of 5G Core (5GC) network automation and orchestration solutions among communication service providers (CSPs).
  • "ABI Research ranked Huawei as the overall 5GC network automation and orchestration leader.
  • The top four overall 5GC network automation and orchestration leaders are Huawei, Ericsson , Nokia , and ZTE .
  • These findings are from ABI Research's 5G End-to-End Core Network Automation and Orchestration competitive ranking report.

InCoax Networks signs MoU with Nokia

Retrieved on: 
Tuesday, December 5, 2023

LUND, Sweden, Dec. 5, 2023 /PRNewswire/ -- InCoax Networks AB is pleased to announce the formalization of a Memorandum of Understanding (MoU) with Nokia.

Key Points: 
  • LUND, Sweden, Dec. 5, 2023 /PRNewswire/ -- InCoax Networks AB is pleased to announce the formalization of a Memorandum of Understanding (MoU) with Nokia.
  • As part of the collaboration, Nokia will offer InCoax's system-solution for Fiber Access Extension within Nokia's Gigabit Connect portfolio.
  • The aim is to commence deliveries through Nokia in the second half of 2024.
  • The expectation is that this collaboration will lead to a long and mutually rewarding business relationship", says Jörgen Ekengren, CEO, InCoax Networks AB.

InCoax Networks signs MoU with Nokia

Retrieved on: 
Tuesday, December 5, 2023

LUND, Sweden, Dec. 5, 2023 /PRNewswire/ -- InCoax Networks AB is pleased to announce the formalization of a Memorandum of Understanding (MoU) with Nokia.

Key Points: 
  • LUND, Sweden, Dec. 5, 2023 /PRNewswire/ -- InCoax Networks AB is pleased to announce the formalization of a Memorandum of Understanding (MoU) with Nokia.
  • As part of the collaboration, Nokia will offer InCoax's system-solution for Fiber Access Extension within Nokia's Gigabit Connect portfolio.
  • The aim is to commence deliveries through Nokia in the second half of 2024.
  • The expectation is that this collaboration will lead to a long and mutually rewarding business relationship", says Jörgen Ekengren, CEO, InCoax Networks AB.

Software-Defined Networking Market worth $60.2 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, November 27, 2023

The major market driver for hybrid SDN is its ability to facilitate a smooth transition and compatibility with existing infrastructures.

Key Points: 
  • The major market driver for hybrid SDN is its ability to facilitate a smooth transition and compatibility with existing infrastructures.
  • SDN's ability to automate scaling processes and efficiently allocate resources aligns with the dynamic nature of cloud environments.
  • Datacenter deployments are complementary to the SDN technology, and with technological advancement, the SDN market is expected to grow exponentially.
  • To define, describe, and forecast the software-defined networking (SDN) market based on offering, SDN type, end user, application, vertical, and region.

Software-Defined Networking Market worth $60.2 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, November 27, 2023

The major market driver for hybrid SDN is its ability to facilitate a smooth transition and compatibility with existing infrastructures.

Key Points: 
  • The major market driver for hybrid SDN is its ability to facilitate a smooth transition and compatibility with existing infrastructures.
  • SDN's ability to automate scaling processes and efficiently allocate resources aligns with the dynamic nature of cloud environments.
  • Datacenter deployments are complementary to the SDN technology, and with technological advancement, the SDN market is expected to grow exponentially.
  • To define, describe, and forecast the software-defined networking (SDN) market based on offering, SDN type, end user, application, vertical, and region.

Mobile Core Network Market is on a Roller Coaster Ride, Dips Big in 3Q 2023, According to Dell'Oro Group

Retrieved on: 
Tuesday, November 21, 2023

REDWOOD CITY, Calif., Nov. 21, 2023 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the Mobile Core Network (MCN) market has become erratic, with the lowest growth rate since 4Q 2017. Europe, Middle East, and Africa (EMEA), and China were the weakest performing regions in 3Q 2023.

Key Points: 
  • Europe, Middle East, and Africa (EMEA), and China were the weakest performing regions in 3Q 2023.
  • "Besides subscriber growth, the growth engine for the MCN market is the transition to 5G Standalone (5G SA), which employs the 5G Core.
  • Additional highlights from the 3Q 2023 Mobile Core Network and Multi-Access Edge Computing Report include:
    Two new MNOs launched commercial 5G SA networks in 3Q23: Telefónica O2 in Germany and Etisalat in the UAE.
  • Ericsson is the vendor of record for the 5G packet core for all seven 5G SA networks launched in 2023.

The RAN Dive in North America is Not Over, According to Dell'Oro Group

Retrieved on: 
Thursday, November 16, 2023

REDWOOD CITY, Calif., Nov. 16, 2023 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the dividends once reaped from the 5G surge in RAN (Radio Access Network) revenues are now a distant memory. Following a remarkable 40 percent to 50 percent increase between 2017 and 2021, global RAN revenues witnessed a second consecutive quarter of steep declines in 3Q 2023, primarily driven by reduced RAN investments in North America.

Key Points: 
  • Following a remarkable 40 percent to 50 percent increase between 2017 and 2021, global RAN revenues witnessed a second consecutive quarter of steep declines in 3Q 2023, primarily driven by reduced RAN investments in North America.
  • Helping to explain the more upbeat sentiment outside North America is the 5G ramp in India, taken together with positive trends in the Middle East and Africa region.
  • Additional highlights from the 3Q 2023 RAN report:
    Top RAN suppliers in 3Q 2023 include Huawei, Ericsson, Nokia, ZTE, and Samsung.
  • In the quarter, worldwide RAN revenues excluding North America recorded a third consecutive quarter of growth.