U.S. Markets closed
  • S&P 500

    4,395.26
    -23.89 (-0.54%)
     
  • Dow 30

    34,935.47
    -149.06 (-0.42%)
     
  • Nasdaq

    14,672.68
    -105.59 (-0.71%)
     
  • Russell 2000

    2,226.25
    -13.78 (-0.62%)
     
  • Crude Oil

    73.81
    +0.19 (+0.26%)
     
  • Gold

    1,812.50
    -18.70 (-1.02%)
     
  • Silver

    25.55
    -0.23 (-0.90%)
     
  • EUR/USD

    1.1871
    -0.0025 (-0.2137%)
     
  • 10-Yr Bond

    1.2390
    -0.0300 (-2.36%)
     
  • Vix

    18.24
    +0.54 (+3.05%)
     
  • GBP/USD

    1.3906
    -0.0051 (-0.3685%)
     
  • USD/JPY

    109.6150
    +0.1540 (+0.1407%)
     
  • BTC-USD

    41,714.96
    +1,828.48 (+4.58%)
     
  • CMC Crypto 200

    955.03
    +5.13 (+0.54%)
     
  • FTSE 100

    7,032.30
    -46.12 (-0.65%)
     
  • Nikkei 225

    27,283.59
    -498.83 (-1.80%)
     

Nokia (NOK) Unveils Open Radio Access Network Center in Dallas

·3 min read

Nokia Corporation NOK has opened its first Open Radio Access Network (O-RAN) Collaboration and Testing Center at its office in Dallas, TX.

The state-of-the-art center will support the development of O-RAN compliant solutions.

This new facility underscores Nokia’s commitment toward O-RAN and Edge Cloud innovation. The Finland-based company plans to open similar facilities at its other global offices in the future.

Nokia is considered the first major global RAN vendor to join the Open RAN Policy Coalition. It aims to lead an open mobile future with strong network performance and security.

The center will provide a collaborative working environment to perform tests for launching O-RAN compliant solutions. Initially, it will focus on the Open Fronthaul Interface and near-real-time RAN Intelligent Controller, which will help automate and optimize the network.

The center has been built with a range of test tools to ensure a collaborative and confidential test environment. It provides work area isolation of vendor personnel and equipment through access controls and network segregation.

Nokia’s C-Band portfolio supports 5G standalone and non-standalone networks, cloud-based implementations and O-RAN products.

The company is well positioned to benefit from the increasing demand for next-generation connectivity. It is on track to achieve sustainable, profitable growth and technology leadership.

Nokia’s shares have gained 30.5% in the past six months compared with 3.1% growth of the industry.

Zacks Investment Research
Zacks Investment Research

Image Source: Zacks Investment Research

The stock currently carries a Zacks Rank #2 (Buy).

Some other top-ranked stocks in the broader industry are Cambium Networks Corporation CMBM, Altice USA, Inc. ATUS and Vicor Corporation VICR, each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Cambium delivered a trailing four-quarter earnings surprise of 46.5%, on average.

Altice delivered a trailing four-quarter earnings surprise of 61.5%, on average.

Vicor delivered a trailing four-quarter earnings surprise of 80.6%, on average.

Time to Invest in Legal Marijuana

If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027.

After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%.

You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.

Today, Download Marijuana Moneymakers FREE >>


Want 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

Altice USA, Inc. (ATUS) : Free Stock Analysis Report

Vicor Corporation (VICR) : Free Stock Analysis Report

Cambium Networks Corporation (CMBM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research