Zinger Key Points
- Vodafone Idea selects Nokia to enhance and expand its IP backhaul network in India.
- Nokia’s IP/MPLS solutions will modernize VIL’s transport network for better scalability and connectivity.
- Find out which stock just plummeted to the bottom of the new Benzinga Rankings. Updated daily—spot the biggest red flags before it’s too late.
On Thursday, the finnish multinational telecommunications company Nokia Corporation NOK disclosed that Vodafone Idea Limited (VIL) has chosen the company to enhance and expand its IP backhaul network. VIL is an Aditya Birla Group and Vodafone Group VOD partnership.
As part of a three-year agreement, Nokia will deploy its advanced IP/MPLS solutions across multiple telecom circles in India.
Nokia will supply its latest IP/MPLS solutions, including the 7750 SR and 7250 IXR series, to modernize VIL’s transport network, enhancing scalability and connectivity for mobile and enterprise services.
VIL aims to boost network density by deploying IP routers while phasing out legacy systems, reducing costs, accelerating deployment, and enabling future scalability.
The upgrade, supported by automation-driven planning and migration, will strengthen network capacity, improve resilience, and promote sustainability with energy-efficient solutions.
Jagbir Singh, CTO at Vodafone Idea Limited, said, “Partnering with Nokia truly aligns with our vision to enhance customer experience and support the growth of data traffic in the country. The state-of-the-art solutions from Nokia and their proven deployment capabilities will enable us to build a future ready transport network.”
Prashant Malkani, Head of Network Infrastructure at Nokia India, added, “Our innovative IP/MPLS portfolio, in-depth understanding of 4G and 5G requirements and trusted performance across all network domains will ensure a high-performance network that delivers exceptional customer experiences for Vodafone Idea.”
Last week, Nokia and the French media and telecommunications giant Canal+ Telecom joined forces to enhance broadband access in the Caribbean through a major fiber network expansion.
Investors can gain exposure to the stock via iShares U.S. Digital Infrastructure and Real Estate ETF IDGT and Defiance Connective Technologies ETF SIXG.
Price Action: NOK shares are up 0.19% at $5.21 premarket at the last check Thursday.
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