Nokia (NOK) will supply Sunrise UPC’s network in Switzerland with electricity – October 21, 2021
Nokia Corp.‘S (NOK – Free report) The Digital Operations software was used by Sunrise UPC Communications to modernize its Operations Support Systems (OSS).
Sunrise UPC, a subsidiary of Liberty Global (LBTYA – Free Report) is the largest private telecommunications company in Switzerland. It offers private customers and companies mobile, Internet, TV and landline services.
Nokia’s Digital Operations software provides an application programming interface fulfillment solution that eliminates the need for silo-based network management and enables innovative product launches using 5G and IoT.
Nokia intends to support Sunrise UPC’s OSS modernization so that it can increase the efficiency of network management.
Nokia stock was up 38.7% over the past year, compared to the industry’s 13.9% growth.
Image source: Zacks Investment Research
The deployment underscores the need for operating and business systems to work together for the monetization of 5G use cases. Nokia and Sunrise UPC use a common continuous integration or continuous delivery delivery and testing framework to further increase productivity.
Nokia’s fulfillment solution modernizes the OSS catalog, inventory, order management and provisioning with pre-integrated processes for end-to-end automation. Its intelligent automation significantly improves the speed with which Sunrise UPC can implement new solutions and better serve its customers.
Nokia is well positioned to take advantage of the growing demand for next generation connectivity. It has made significant strides on its three-step path to value creation. His focus on capital allocation and technology leadership in 2021 will likely help him grow profitably in 2022 and beyond.
The stock currently ranks # 3 in Zacks (Hold).
A few better valued stocks in the industry are there Clearfield, Inc. (CLFD – Free report), with a # 1 Zacks rank (strong buy) and Motorola Solutions, Inc. (MSI – Free report) that has a Zacks rank of # 2 (Buy). You can see the full list of current Zacks # 1 Rank stocks here.
Clearfield delivered an average earnings surprise of 49% for the past four quarters.
Motorola achieved a profit surprise averaging 9.6% in the past four quarters.
