Nokia's Private 5G Hits The Road With CoreGo For Events Across Europe

Nokia Corporation NOK shares are trading lower premarket at the last check Thursday. The company expanded its partnership with CoreGo to deliver secure, reliable data transmission for major Finnish and international events.

CoreGo's POS system, integrated with Nokia's Digital Automation Cloud (DAC) private wireless network, allows event organizers to deploy and move a reliable network as needed, streamlining on-site payments and operations.

The solution delivers secure, real-time data transfer essential for systems like inventory, payments, access control, and ticket validation—meeting the demands of modern events.

Michael Aspinall, Head of Sales, Enterprise Campus Edge, Europe at Nokia stated, "Private 5G networks deployed with powerful edge cloud processing capabilities are transforming the event industry. Event visitors now have secure access to well-connected services from the moment they purchase their ticket to when they depart the venue."

"We have successfully collaborated with Digita and CoreGo on multiple projects, and it is great to see that private 5G technology proves its capability in securing reliable data transmission at large events," 

Over the past two years, this collaboration has supported numerous deployments, enhancing connectivity for sports and festival organizers and improving the experience for more than 2 million attendees across Europe.

Yesterday, the company, along with Telia and the Finnish Defense Forces, completed the world's first successful 5G standalone slice handover across multiple countries on a live network.

Investors can gain exposure to the stock via Shares U.S. Digital Infrastructure and Real Estate ETF (NYSE: IDGT) and Defiance Connective Technologies ETF SIXG.

Nokia Stock Prediction For 2025

Equity research analysts on and off Wall Street typically use earnings growth and fundamental research as a form of valuation and forecasting. But many in trading turn to technical analysis as a way to form predictive models for share price trajectory.

Some investors look to trends to help forecast where they believe a stock could trade at a certain point in the future. Looking at Nokia, an investor could make an assessment about a stock's long term prospects using a moving average and trend line. If they believe a stock will remain above the moving average, which many believe is a bullish signal, they can extrapolate that trend into the future using a trend line. For Nokia, the 200-day moving average sits at $4.46, according to Benzinga Pro, which is below the current price of $4.93. For more on charts and trend lines, see a description here.

Traders believe that when a stock is above its moving average, it is a generally bullish signal, and when it crosses below, it is a more negative signal. Investors could use trend lines to make an educated guess about where a stock could trade at a later date if conditions remain stable.

Price Action: NOK shares are down 1.83% to $4.84 premarket at the last check Thursday.

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