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Benzinga
Benzinga
Business
Lekha Gupta

Nokia, du Complete Transport Network Slicing Trial In UAE: Details

Nokia Corporation (NYSE:NOK) completed the UAE’s first live transport slicing trial with du, enabling the telecom provider to offer diverse network services on existing infrastructure.

The trial demonstrated flexible resource allocation for optimized performance using Nokia’s advanced Network Service Platform (NSP).

This technology supports services like low-latency gaming, video streaming, and IoT applications, enhancing network efficiency and energy savings.

Network slicing will also enhance security and privacy, drive service innovation, improve quality of service, and optimize resource utilization.

These benefits are expected to create new monetization opportunities and provide du with a competitive edge in the market.

Saleem Alblooshi, Chief Technology Officer at du, said, “Nokia’s network slicing technology, integrated with the Network Service Platform (NSP), aligns perfectly with our vision of being an AI enabler in line with the UAE National Strategy for AI 2031. This cutting-edge technology empowers du to optimize resource allocation in real-time, based on demand and traffic patterns.”

Rima Manna, Vice President of Network Infrastructure Sales, Middle East and Country Director of UAE at Nokia, stated, “This partnership with du is an essential step in enabling our customers with technologies that will set them apart in the industry. Network slicing automates the creation, assurance, and optimization of transport slices to facilitate dynamic services with specific requirements in terms of bandwidth, latency and reliability.”

“After investing considerable time in building such automated services, we are confident that this will significantly benefit not only du, but also all its end users.”

Last week, the company secured a multi-year, multi-billion USD contract extension with Bharti Airtel to deploy advanced 4G and 5G equipment across key regions in India.

Investors can gain exposure to NOK stock via iShares U.S. Digital Infrastructure and Real Estate ETF (NYSE:IDGT) and Hartford Multifactor Developed Markets (ex-US) ETF (NYSE:RODM).

Price Action: NOK shares traded higher by 0.24% at $4.215 at last check Tuesday.

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