Nokia (NOK), Telefonica Unite to Boost Spain's Private Network
NOKNokia(NOK) ZACKS·2024-07-03 00:55

Nokia Corporation (NOK) recently announced a three-year agreement with Telefonica, S.A (TEF) , to develop the private 5G network market in Spain. The collaborative effort is expected to advance telecommunications infrastructure in the European country and expand market opportunities in the private network sector.Private networks, which offer dedicated connectivity to specific users or organizations, are gaining recognition due to their superior reliability, security, and customization capabilities compared ...