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What’s Expected for Nokia’s Ultra Broadband Networks in 2017

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Mobile Networks

In 1Q17, Nokia (NOK) signed a contract in Latin America with ALTÁN Redes, a consortium group, to build a broadband network in Mexico. According to this contract, broadband network Red Compartida will use Nokia’s 4.5G Pro radio access and IP[1.Internet protocol] technology to deploy mobile broadband coverage for users. Nokia stated that this contract will cover approximately 92% of Mexico’s population. Nokia also signed a deal with Three UK to deploy a fully integrated cloud network that will ensure scalability and provide Three UK with the infrastructure to deal with customers’ service requirements.

Earlier this year, Nokia and Intel (INTC) launched 5G acceleration laboratories across the United States (SPY) and Finland to help operators deliver 5G innovation from devices to the cloud.

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Fixed Networks

In 1Q17, according to Nokia’s Form 6-K, it “launched its 10G passive optical network and point-to-point fiber mobile transport solution, that enables operators to leverage existing fiber networks to converge business, residential and mobile services on a single infrastructure, and provide the capacity and coverage that 5G demands. ” Nokia also signed an agreement with Japan’s Energia Communications to build ultra-broadband access technology that delivers fiber-line speeds over short distances.

Ultra Broadband Networks revenue fell 4% YoY (year-over-year) to 3.6 billion euros in 1Q17 from 3.7 billion euros in 1Q16. Mobile Networks revenue fell 1% YoY to 3.1 billion euros, and Fixed Networks revenue fell 19% YoY to 501 million euros.

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