Latest news with #VodafoneQatar
Yahoo
4 days ago
- Business
- Yahoo
Nokia Selected by Vodafone Qatar to Boost 5G Coverage and Reliability
Nokia NOK has announced a partnership with Vodafone Qatar for an extensive nationwide network modernization initiative. This agreement will empower Vodafone Qatar to deliver enhanced, faster and more secure 5G services to both consumers and businesses across Qatar, preparing their infrastructure for future technological advancements. Vodafone Qatar is enhancing its partnership with Nokia by adopting comprehensive end-to-end technology solutions aimed at significantly boosting network capacity, minimizing latency and accelerating the rollout of innovative services. This innovation will bring enhanced agility through sophisticated automation and strengthened security features. With Qatar's digital economy rapidly expanding and the ICT sector forecasted to grow at an annual rate of 8.5% until 2030, Vodafone Qatar remains committed to addressing the growing demand for fast, reliable connectivity and advanced digital offerings. Nokia's advanced technology will enable Vodafone Qatar to transform its network infrastructure, providing intelligent broadband access and facilitating new enterprise offerings such as 5G slicing. This flexible infrastructure is designed to seamlessly evolve alongside future digital applications, ensuring that Vodafone Qatar stays at the forefront of technological developments. Nokia Corporation price-consensus-chart | Nokia Corporation Quote Nokia's multi-cloud core software, including Packet Core, Converged Charging and Networks Data Analytics Function, will deliver cloud-native automation, agility and scalability to Vodafone Qatar's multi-access core network. Additionally, Nokia Digital Operations software will accelerate Vodafone Qatar's progression toward fully autonomous networks through advanced orchestration, 5G slicing automation and AI-driven assurance for consistent service reliability. Furthermore, Nokia's integration of automated solutions across IP and optical networks, combined with a comprehensive five-year managed services agreement for core operations, will accelerate the rollout of services, reduce operational costs and establish a future-proof network architecture. Collectively, these advancements set a new benchmark for digital transformation in Qatar and reinforce Nokia's global standing as a trusted technology partner to service providers worldwide. Nokia is well-positioned for the ongoing technology cycle, given the strength of its end-to-end portfolio. The company's deal win rate is encouraging, with notable successes in the key 5G markets of the United States and China. Its installed base of high-capacity AirScale products, which enables customers to quickly upgrade to 5G, is growing fast. The company 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. These include a seamless transition to 5G technology, ultra-broadband access, IP and Software Defined Networking, cloud applications and the Internet of Things. Nokia has made significant progress on its three-phased journey of value creation. The company's strategy includes Reset, Accelerate and Scale. Its focus on capital allocation and technology leadership is expected to help it grow profitably. Nokia is on track to achieve sustainable, profitable growth and technology leadership. It aims to accelerate its product roadmaps and cost competitiveness through additional 5G investments. It has been developing its 5G portfolio, strengthening AirScale and advancing the capabilities of its ReefShark chipset. Nokia's extensive portfolio consists of around 20,000 patents, among which 7,000 are essential for 5G. The 5G portfolio is increasingly gaining traction among enterprise customers. Currently, Nokia has a Zacks Rank #3 (Hold). Shares of the company have soared 23.4% in the past six months against the Zacks Wireless Equipment industry's decline of 2.4%. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are Juniper Networks, Inc. JNPR, Ubiquiti Inc. UI and InterDigital, Inc. IDCC. JNPR presently sports a Zacks Rank #1 (Strong Buy), whereas UI and IDCC carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. In the last reported quarter, JNPR delivered an earnings surprise of 4.88%. Juniper Networks' long-term earnings growth rate is 12.4%. Its shares have inched up 1.3% in the past six months. UI's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 29.93%. In the last reported quarter, Ubiquiti delivered an earnings surprise of 61.29%. Its shares have surged 169.2% in the past year. IDCC earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing in one, with the average surprise being 160.15%. InterDigital's long-term earnings growth rate is 15%. Its shares have jumped 89.7% in the past year. 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 Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report InterDigital, Inc. (IDCC) : Free Stock Analysis Report Ubiquiti Inc. (UI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
4 days ago
- Business
- Yahoo
Vodafone Qatar selects Nokia in major network modernization deal to drive expanded 5G coverage, reliability, and services
Press ReleaseVodafone Qatar selects Nokia in major network modernization deal to drive expanded 5G coverage, reliability, and services The deal entails Core modernization, expanded 5G capacity, and enhanced broadband to strengthen network reliability, service offering, and efficiency. 2 June 2025Espoo, Finland – Nokia today announced a major agreement with Vodafone Qatar to lead a nationwide network modernization that will enable the operator to deliver faster, more secure, and highly adaptable 5G services to consumers and businesses across the country, while preparing the network for next-generation innovations. In a major expansion of the two companies' partnership, Vodafone Qatar will leverage Nokia's end-to-end technology to boost network capacity and reduce latency while accelerating time-to-market with new capabilities and introducing greater agility through automation and enhanced security measures. As demand for high-speed connectivity surges in Qatar's rapidly growing digital economy where the ICT sector is forecast to grow at an 8.5% annual rate through 2030, the operator is committed to meet those needs. Nokia's solutions will help transform the network with intelligent broadband access, new enterprise offerings provided through 5G slicing, and infrastructure that can easily evolve as digital applications advance. 'Vodafone Qatar continuously embraces new opportunities to deploy emerging technologies as part of its commitment to driving digital transformation in Qatar, in line with Qatar National Vision 2030. Our work with Nokia enables us to become more agile and responsive to the evolving needs of customers and businesses. By integrating advanced fiber, mobile, and cloud capabilities, we are shaping a smarter, more secure network that can support everything from customized home Wi-Fi to the latest enterprise technologies,' said Sheikh Hamad Abdulla Jassim Al-Thani, Chief Executive Officer, Vodafone Qatar. 'This collaboration reflects the depth of our portfolio and the strength of our partnership with Vodafone Qatar. Through more flexible scaling, reliability, and near zero-touch automation that our advanced core and broadband solutions deliver, Nokia will provide greater network agility and service offerings, and provide our partner with all the tools they need to more efficiently manage and extract greater value from their network assets,' said Raghav Sahgal, President of Cloud and Network Services, Nokia. Nokia's multi-cloud core software solutions, including Packet Core, Converged Charging, and Networks Data Analytics Function, running on the latest cloud technologies will bring cloud-native grade automation, agility, and scalability to Vodafone Qatar's multi-access core network. Nokia Digital Operations software will boost the operator's journey towards fully autonomous networks with end-to-end orchestration, 5G slicing automation, and AI-driven assurance, enabling rapid delivery and highest reliability of services. Nokia's integration of automation across IP and optical networks, provided by NSP, combined with a five-year managed services agreement for core operations, will help accelerate service rollouts, reduce costs, and ensure a future-ready network architecture. Together, these advancements will set a new standard for end-to-end digital transformation in Qatar and reaffirm Nokia's position as a trusted technology partner for service providers worldwide. Multimedia, technical information and related newsWeb Page: Cloud and Network Services Web Page: Mobile Networks Web Page: Network Infrastructure About NokiaAt 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. About Vodafone Qatar Qatar P.Q.S.C. ('Vodafone Qatar') provides a comprehensive range of services including voice, messaging, data, fixed communications, IoT and ICT managed services in the State of Qatar, for both consumers and businesses alike. The Company commenced commercial operations in 2009 and has 2.1 million mobile customers as of 31 March 2025. Its state-of-the-art network infrastructure is expanding to cover key locations in the country with fibre connectivity and 5G, along with an extensive digital ecosystem, which will contribute to Qatar's continued growth and prosperity. Vodafone Qatar's vision is deeply rooted in its mission to connect today's ideas with the technologies of tomorrow by pioneering digital innovation and becoming people's first choice in telecom and digital services. Please visit for more details. Media inquiriesNokia Press OfficeEmail: Vodafone Qatar Media RelationsEmail: Follow us on social mediaLinkedIn X Instagram Facebook YouTubeError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
28-05-2025
- Business
- Zawya
Vodafone Qatar selects Nokia in major network modernisation deal
Doha, Qatar: Vodafone Qatar has recently announced an agreement with Nokia to lead a nationwide network modernisation that will enable it to deliver faster, more secure, and highly adaptable 5G services to consumers and businesses across Qatar, while preparing for next-generation innovations. Vodafone Qatar will leverage Nokia's end-to-end technology to boost network capacity and reduce latency while accelerating time-to-market with new capabilities and introducing greater agility through automation and enhanced security measures. With Qatar's ICT sector projected to grow at an annual rate of 8.5% through 2030, Vodafone Qatar is committed to meeting the growing demand for high-speed connectivity in the country's expanding digital economy. Vodafone Qatar and Nokia's collaboration will help transform the network with intelligent broadband access, new enterprise offerings provided through 5G slicing, and infrastructure that can continually evolve to match the advancement of digital applications. Sheikh Hamad Abdulla Jassim Al-Thani, Chief Executive Officer at Vodafone Qatar, commented: 'Vodafone Qatar continuously embraces new opportunities to deploy emerging technologies as part of its commitment to driving digital transformation in Qatar, in line with Qatar National Vision 2030. Our work with Nokia will enable us to become more agile and responsive to the evolving needs of customers and businesses. By integrating advanced fibre, mobile, and cloud capabilities, we are shaping a smarter, more secure network that can support everything from customised home Wi-Fi to the latest enterprise technologies.' Raghav Sahgal, President of Cloud and Network Services at Nokia, commented: 'This collaboration reflects the depth of our portfolio and the strength of our partnership with Vodafone Qatar. Through more flexible scaling, reliability, and near zero-touch automation that our advanced core and broadband solutions deliver, Nokia will provide greater network agility and service offerings, and provide our partner with all the tools it needs to efficiently manage its network assets.' Nokia's multi-cloud core software solutions are set to bring innovations to Vodafone Qatar's network. Together, these advancements will set a new standard for end-to-end digital transformation in Qatar, reaffirming Vodafone Qatar's position as one of the leaders in the telecommunications industry regionally and globally. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
23-05-2025
- Business
- Zawya
Qatar ranks first in world on mobile Internet speeds
Qatar - Vodafone Qatar is celebrating Qatar ranking first in the world on Ookla's Speedtest Global Index for mobile broadband speeds in April 2025. With exceptional mobile download and upload speeds, Qatar has established itself as a global leader in providing fast and secure connectivity services, a statement said. The Ookla Speedtest Global Index highlighted Qatar's pioneering mobile Internet speeds, with an unparalleled median country download speed of 521.52Mbps, and 34.09Mbps upload speed. Sheikh Hamad Abdulla al-Thani, CEO at Vodafone Qatar, commented: 'Qatar continues to set the benchmark for outstanding internet connectivity speeds. This milestone reflects the nation's relentless drive to expand infrastructure, with 5G network development at the heart of its digital agenda, a core aspect of Qatar's National Vision 2030. 'Vodafone Qatar continues to drive innovation and technological excellence as part of its mission to power Qatar's digital economy. We are proud of Qatar's development and 5G infrastructure advancement over the years and reaffirm our dedication to bolstering Qatar's global leadership in mobile internet speeds and ultra-reliable connectivity.' © Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. (
Zawya
13-05-2025
- Business
- Zawya
Mideast Stocks: Most Gulf Markets settle higher as investors weigh U.S.-China trade truce
Most stock markets in the Gulf settled higher on Tuesday, although gains were limited as investors paused to weigh whether a temporary pause in the U.S.- China trade war would lead to a long-lasting agreement. Brent crude futures rose about 1%, to $65.61 a barrel by 1209 GMT, but gains were capped by pressure of increasing supplies. Meanwhile, sources told Reuters that Saudi Arabia's crude oil supply to China will hold steady in June after hitting its highest in more than a year in the previous month after an OPEC+ decision to increase output. Around the world, a rally in stocks lost steam on Tuesday, as initial cheer over a trade agreement between the U.S. and China was replaced by caution about its impact on the global economy. On Tuesday, U.S. President Donald Trump kicked off his Middle East trip by visiting Saudi Arabia first, hoping to secure trillions of dollars of investments from Gulf oil producers. Saudi Arabia's benchmark stock index settled up 0.38%, boosted by a 9.85% rise in Saudi Arabian Refineries. The refiner logged a quarterly profit after markets closed on Monday. Dubai's main share index closed up 0.54%, with the country's food ordering business Talabat Holdings leading gains on the index and settled up 3.6%. Shares of Sharia compliant lender Dubai Islamic Bank also closed up 3% Bucking the trend, the Qatari index fell 0.22%, dragged lower by a 1.73% drop in Vodafone Qatar. Outside the Gulf, Egypt's blue-chip index settled up 0.37%. Engineering and construction contractor Orascom Development Egypt was the top gainer, rising 3.5% after it named a new Chairman and CEO. SAUDI ARABIA up 0.38% to 11,532.27 ABU DHABI down 0.08% to 9,631.48 DUBAI up 0.54% to 5,362.68 QATAR fell 0.22% to 10,585.58 EGYPT up 0.37% to 31,692.77 BAHRAIN inched up 0.1% to 1,918.306 OMAN fell 0.35% 4,361.328 KUWAIT rose 0.25% at 8,750.93 (Reporting by Rishab Shaju and Chandini Monnappa in Bengaluru; Editing by Tasim Zahid)
