Latest news with #NokiaBellLabs
Yahoo
17-03-2025
- Business
- Yahoo
NJ awards up to $104 million tax break in Nokia Bell Labs 10-story New Brunswick tower
The New Jersey Economic Development Authority (NJEDA) Board has approved tax credits through the Aspire Program to support the second New Jersey Health + Life Science Exchange's (HELIX) building in New Brunswick, known as H-2. Nokia Bell Labs, the industrial research arm of Nokia, will serve as the main tenant of H-2, a 10-story, nearly 370,000-square-foot building that will be an innovation hub in the city's downtown. The first phase of the HELIX was approved for Aspire tax credits in 2023. The HELIX will bring together New Jersey's public, private and academic sectors to create a world-class hub of innovation and a strong base of support and talent pipeline for innovative companies. The HELIX campus, consisting of three separate buildings, will provide 1.5 million square feet of multifaceted, state-of-the-art environments supporting the gamut of health and life science organizations and professions. NJEDA CEO Tim Sullivan said the Aspire Program fuels catalytic development projects that transform communities into dynamic, transit-oriented hubs, ideal for living, working, and doing business. "With today's Aspire award, Nokia Bell Labs addition to the HELIX will further support New Brunswick's innovation ecosystem by creating cutting-edge technology, high-quality jobs, and long-term economic growth that will benefit generations of New Jerseyans,' he stated. More: Rutgers building $567 million new medical school, research facility in New Brunswick Last month, the NJEDA announced it will partner with Nokia Bell Labs to launch a Strategic Innovation Center (SIC) consisting of the NJ Nokia Innovation Center and Bell Labs Venture Studio, both of which will eventually be located at H-2. Both components will be focused on enabling startups to accelerate and commercialize intellectual property from Nokia Bell Labs and local universities with an emphasis in the fields of communication, artificial intelligence, cloud computing and optical and wireless networks. H-2 will be a research and development facility comprised of chemistry and biology laboratories, data centers, 3D printing areas, machine shops, office space and conference rooms. The main lobby of H-2 will include a technology showcase and a coffee shop, which will have access to the Paseo, a public outdoor space connecting the Rutgers campus, the Robert Wood Johnson University Hospital District, the New Brunswick train station and the Government and Arts District in downtown New Brunswick. SJP Properties is the lead developer of H-2 and was approved for Aspire tax credits of up to 80 percent of the eligible project cost, not to exceed $103.9 million. Aspire is a place-based economic development program created under the New Jersey Economic Recovery Act of 2020 to support mixed-use, transit-oriented development with tax credits to commercial and residential real estate development projects that have financing gaps. All residential Aspire projects must include at least 20 percent affordable housing. As a performance-based program, projects must certify that all commitments established at time of approval have been met before receiving their first disbursement of tax credits. This article originally appeared on NJ awards up to $104M tax break in downtown New Brunswick development
Associated Press
20-02-2025
- Business
- Associated Press
Nokia's Corteca Cloud for device and Wi-Fi management adds hundreds of legacy broadband devices #MWC25
Press Release Nokia's Corteca Cloud for device and Wi-Fi management adds hundreds of legacy broadband devices #MWC25 Nokia Corteca Cloud now supports over 400 legacy broadband devices from over 30 manufacturers, providing CSPs with a single pane of glass that simplifies in-home Wi-Fi and device management. Both the traditional TR-069 and the new TR-369 industry standard protocols are supported by the Nokia Corteca Cloud, providing a smooth transition path for CSPs. For the past 20 years, TR-069 has been the industry standard for managing, provisioning, and troubleshooting over 1 billion broadband devices. Espoo, Finland – Nokia today announced that it is adding support for 415 legacy TR-069-based broadband devices to its Corteca Cloud. Supporting both the legacy TR-069 and new TR-369 protocols, Nokia's Corteca Cloud provides CSPs with a single pane of glass for legacy and new broadband devices, simplifying in-home Wi-Fi connectivity and device management. For the past 20 years, the TR-069 protocol has been used to manage approximately 1 billion broadband devices worldwide, enabling CSPs to remotely provision and maintain customer-premises equipment (CPE). The new TR-369 protocol introduces significant new capabilities for new devices, but transitioning away from TR-069 will take years. By supporting both protocols, Nokia's Corteca Cloud allows CSPs to manage devices efficiently today while adapting for the future. Key benefits of Nokia's Corteca Cloud for CSPs: Smooth transition from TR-069 to TR-369 – A single pane of glass supports both TR-069 and TR-369, allowing CSPs to transition at their own pace. Scalability & efficiency – Simplifies management of multiple customer devices, including third-party hardware, and reduces operational complexity. Remote operations – Enables CSPs to configure, troubleshoot, and upgrade devices remotely, minimizing the need for on-site visits. Reduced support costs – Automates Wi-Fi monitoring to proactively resolve issues, lowering customer support calls. Justin Doucette, Head of WiFi and Software, Fixed Networks at Nokia, said: 'Service providers need a practical path to the future, not a forced transition. By supporting both TR-069 and TR-369, Nokia Corteca Cloud gives operators the flexibility to manage today's networks while preparing for what's next— without disruption. Our solution provides a smooth evolution path and a single pane of glass for seamless visibility and control.' About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.
Associated Press
17-02-2025
- Business
- Associated Press
Nokia upgrades Orange Jordan's broadband network gateway to enhance connectivity across the Kingdom
Press Release Nokia upgrades Orange Jordan's broadband network gateway to enhance connectivity across the Kingdom #MWC25 State-of-the-art Nokia 7750 SR BNG deployed to elevate broadband services and user experience in Jordan. Strategic upgrade to 76 sites across the Kingdom reduces operational costs and boosts network efficiency. Partnership underscores Nokia's commitment to trusted performance and sustainable digital transformation. Amman, Jordan – Nokia and Orange Jordan have announced the successful upgrade of Orange Jordan's Broadband Network Gateway (BNG) with Nokia's cutting-edge 7750 Service Router (SR) platforms. This strategic initiative marks a significant milestone in enhancing broadband services across Jordan, delivering superior connectivity and operational efficiency for both the operator and its customers. The deployment spans 76 sites across Jordan's north, central, and southern regions, positioning Orange Jordan to meet growing subscriber demands with enriched digital experiences, including high-speed internet, IPTV, and personalized broadband services. The upgrade also supports Orange Jordan's sustainability goals by optimizing energy consumption and reducing operational expenses. This collaboration highlights Nokia's value proposition of trusted performance across every network domain. By leveraging resilient, high-performance networks built on Nokia's strong foundation of security, sustainability, and ethical standards, Orange Jordan can deliver exceptional services to its subscribers. Waleed Al Doulat, Chief ITN & Wholesale Officer at Orange Jordan, said: 'This upgrade is a testament to our commitment to delivering the best broadband services to our customers. Nokia's 7750 SR BNG allows us to enhance network efficiency and enrich our customers' digital lives, while aligning with our sustainability and growth goals.' Bassel Megallaa, Head of IP Networks for Middle East & Africa at Nokia, said: 'Our collaboration with Orange Jordan demonstrates Nokia's dedication to providing trusted performance that empowers digital transformation. By providing scalable, resilient, and secure solutions, we enable Orange Jordan to deliver world-class broadband experiences while optimizing network efficiency. Together, we are driving connectivity and creating new opportunities for innovation across Jordan.' About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. Media inquiries
Zawya
17-02-2025
- Business
- Zawya
Nokia upgrades Orange Jordan's broadband network gateway to enhance connectivity across the Kingdom #MWC25
Strategic upgrade to 76 sites across the Kingdom reduces operational costs and boosts network efficiency. Partnership underscores Nokia's commitment to trusted performance and sustainable digital transformation. Amman, Jordan – Nokia and Orange Jordan have announced the successful upgrade of Orange Jordan's Broadband Network Gateway (BNG) with Nokia's cutting-edge 7750 Service Router (SR) platforms. This strategic initiative marks a significant milestone in enhancing broadband services across Jordan, delivering superior connectivity and operational efficiency for both the operator and its customers. The deployment spans 76 sites across Jordan's north, central, and southern regions, positioning Orange Jordan to meet growing subscriber demands with enriched digital experiences, including high-speed internet, IPTV, and personalized broadband services. The upgrade also supports Orange Jordan's sustainability goals by optimizing energy consumption and reducing operational expenses. This collaboration highlights Nokia's value proposition of trusted performance across every network domain. By leveraging resilient, high-performance networks built on Nokia's strong foundation of security, sustainability, and ethical standards, Orange Jordan can deliver exceptional services to its subscribers. Waleed Al Doulat, Chief ITN & Wholesale Officer at Orange Jordan, said: 'This upgrade is a testament to our commitment to delivering the best broadband services to our customers. Nokia's 7750 SR BNG allows us to enhance network efficiency and enrich our customers' digital lives, while aligning with our sustainability and growth goals.' Bassel Megallaa, Head of IP Networks for Middle East & Africa at Nokia, said: 'Our collaboration with Orange Jordan demonstrates Nokia's dedication to providing trusted performance that empowers digital transformation. By providing scalable, resilient, and secure solutions, we enable Orange Jordan to deliver world-class broadband experiences while optimizing network efficiency. Together, we are driving connectivity and creating new opportunities for innovation across Jordan.' Resources and additional information Product page: Nokia 7750 Service Router About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. Media inquiries Nokia Communications, Middle East & Africa Email: Nokia Press Office Email: Follow us on social media LinkedIn X Instagram Facebook YouTube
