Nokia Chosen by Vortex to Upgrade IP Edge & Transport for Broadband

Nokia NOK has been chosen by Vortex Group to upgrade its IP edge and transport network across Maharashtra, Goa and Gujarat in India. The initiative aims to boost broadband speeds, extend connectivity to underserved areas and transform Vortex’s infrastructure into a more scalable and efficient system. Through this upgrade, more than 150 smaller ISPs connected to Vortex’s backbone will gain access to high-speed, reliable services, helping them deliver improved Internet experiences to customers across the three states.The transformation will be driven by Nokia’s advanced Broadband Network Gateway (BNG) solution. Vortex will reduce capital and operational costs while improving performance and reliability by replacing multiple smaller BNGs with a single, scalable platform supporting more than 200,000 subscribers.This strategic investment also enables the launch of faster broadband plans, rapid expansion and a stronger backbone for future growth and wholesale partnerships. Nokia’s IP edge and transport platforms, powered by its proprietary silicon, offer the flexibility and scalability needed for long-term sustainable service delivery.Nokia Corporation Price and Consensus Nokia Corporation price-consensus-chart | Nokia Corporation QuoteA major part of the modernization involves shifting Vortex’s network from Layer 2 (L2) to a Layer 3 (L3) IP/MPLS-based architecture, significantly enhancing capacity and operational efficiency. Nokia will provide its 7250 IXR series routers and 7750 SR-1 BNG, allowing Vortex to replace legacy equipment with high-capacity, future-ready solutions.Management highlighted that with the rising demand for broadband, providers need networks that scale efficiently without compromising reliability. The company’s 7750 SR-1 BNG and 7250 IXR routers will enable Vortex to consolidate infrastructure, cut operational overhead and expand into new markets, all while enhancing services for existing customers.Nokia Expands 5G, Cloud and Enterprise ReachNokia is driving the transition of global enterprises into smart virtual networks by creating a single network for all services, converging mobile and fixed broadband, IP routing and optical networks with the software and services to manage them. Leveraging state-of-the-art technology, Nokia is transforming the way people and things communicate and connect with each other. These include seamless transition to 5G technology, ultra broadband access, IP and Software Defined Networking, cloud applications and Internet of Things.Nokia is experiencing solid momentum in its key focus areas of software and enterprise, which bodes well for its licensing business. The company is also well-positioned to gain from copper and fiber rollouts in passive optical networking. It is the only global supplier that is offering O-RAN with commercial 5G Cloud-RAN networks.Nokia announced an expansion of its IP routing business into the data center market and highlighted that Apple was deploying its technology at its data centers. The company intends to accelerate strategy execution, sharpen customer focus and reduce long-term costs. At the same time, it is focused on building a strong, scalable software business and expanding it to structurally attractive enterprise adjacencies. Nokia’s C-Band portfolio supports 5G standalone and non-standalone networks, cloud-based implementations and Open RAN products.NOK’s Zacks Rank & Stock Price PerformanceNokia currently carries a Zacks Rank #4 (Sell). Shares of Nokia have lost 3.6% over the past year against the Wireless Equipment industry’s growth of 27%.Image Source: Zacks Investment ResearchStocks to Consider From the Computer and Technology SpaceSome better-ranked stocks from the broader technology space are PTC Inc. PTC,Ubiquiti Inc. UI and InterDigital, Inc. IDCC. PTC carries a Zacks Rank #1 (Strong Buy), while UI and IDCC carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.PTC’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 23.18%. In the last reported quarter, PTC delivered an earnings surprise of 34.43%. Its shares have soared 19.3% in the past year.Ubiquiti earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 49.5%. In the last reported quarter, UI delivered an earnings surprise of 82.47%. UI shares have skyrocketed 173% over the past year.InterDigital’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, with the average surprise being 54.27%. In the last reported quarter, NTGR delivered an earnings surprise of 94.05%. Its shares have surged 96.1% in the past year.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nokia Corporation (NOK): Free Stock Analysis Report InterDigital, Inc. (IDCC): Free Stock Analysis Report PTC Inc. (PTC): Free Stock Analysis Report Ubiquiti Inc. (UI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks