StockNews.AI
NOK
StockNews.AI
222 days

Openreach chooses Nokia to build open-access fiber network to connect millions to faster broadband

1. Nokia will build Openreach's fiber network for UK connectivity. 2. Openreach aims to expand from 17 million to 25 million connected premises by 2026. 3. Nokia's technology will automate and simplify network operations significantly. 4. The project aims for efficiency, reducing operational costs, and improving network reliability.

6m saved
Insight
Article

FAQ

Why Bullish?

Nokia's growth in fiber network projects may enhance revenue, as seen in previous contracts boosting stock prices.

How important is it?

Nokia's collaboration with Openreach is significant for long-term prospects and operational efficiencies.

Why Long Term?

The project supports sustained revenue growth, similar to past successful network expansions.

Related Companies

NOKTEFVODBT
January 09, 2025 04:28 ET  | Source: Nokia Oyj Press ReleaseOpenreach chooses Nokia to build open-access fiber network to connect millions to faster broadband Nokia building open access platform to accelerate fiber broadband services for millions of UK homes and businesses.Nokia’s intent-based model enables Openreach to reduce operations support systems (OSS) complexity by 85%. Nokia’s domain controllers allow Openreach to fully automate and simplify network operations, driving scalability and operational efficiency throughout its network. 9 January 2025Espoo, Finland – Nokia today announced it has been chosen by Openreach to build its One Network Platform, an open-access fiber network to serve millions of homes and businesses. Built using Nokia’s Altiplano and NSP network domain controllers, the network will help Openreach grow from 17 million connected premises today to 25 million by the end of 2026, responding to the increasing demand for high-speed broadband all over the UK.   Openreach’s open wholesale broadband network connects users to around 300 communication service providers offering ultrafast full fiber services to urban centers, towns, villages and smaller rural communities in some of the hardest-to-reach parts of the UK. Powered by Nokia technology, the Openreach One Network Platform delivers the flexibility, agility and scale needed to meet these market demands while reducing the number of exchange buildings required to cover the country. Nokia’s solution is modeled on a modular data center architectural approach enabling Openreach to build a large-scale multi-service open-access network that can help reduce the power and space requirements by over 50% at Ethernet access exchange sites. The architecture supports various deployment models tailored to different population densities, ensuring communication providers can easily connect end users to the Openreach fiber network. With Nokia’s Altiplano and NSP network domain controllers, Openreach will be able to automate its fiber connectivity services across Point-to-Point, GPON, and XGS PON technologies through simple intent-based management. This will simplify operations drastically through a common service-oriented interface and will reduce OSS complexity across the network by 85%. In addition, the solution provides streaming telemetry to provide detailed insights into the network’s behavior and performance.    Trevor Linney, Director of Network Technology at Openreach, said: “This is the next step in our plans to build a future-proof, multi-service, one network platform – that supports both full Field FTTP and future Ethernet products. Introducing Nokia’s Altiplano and NSP network domain controllers and 7250 IXR data center routers will boost automation, network visibility and control, and product flexibility for our Communication Provider customers and their end-user customers. Ultimately, this is about making our network easier to manage, more efficient and reliable, for example, through quicker identification of faults via automation, and helping to cut operational costs.” Geert Heyninck, General Manager of Broadband Networks at Nokia, said: “Open-access networks are the future of broadband, and we’re proud to support Openreach in bringing fiber connectivity to millions across the UK. Meeting growing broadband demands requires scalability and flexibility, which is where the intent-based design of our solution really shines. We are motivated to help Openreach automate operations, optimize resources and create a robust, future-ready network that serves both urban and rural communities.” Resources and additional informationWeb page: Altiplano Access ControllerWeb page: Network Services PlatformProduct page: Nokia 7250 Interconnect RouterProduct page: Nokia Lightspan FX 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. 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 inquiriesNokia Press OfficeEmail: Press.Services@nokia.com Follow us on social mediaLinkedIn X Instagram Facebook YouTube

Related News