Nokia Oyj (NYSE:NOK) Wins Managed Services Deal To Manage Optus’ Network

1257

Nokia Oyj (NYSE:NOK) and Optus have finalized a 5-year deal under which former firm will manage and maintain major components of Optus’ operations, field maintenance and network infrastructure. As part of the deal, Optus and Nokia will advance a Network Operations Centre, building on international best practices and using local talent to offer higher performance networks.

The buzz

Customers are increasingly demanding seamless connectivity and faster networks, and operators need to sustain pace with these growing demands without disrupting underway operations. To offer on these rising needs while ensuring operations efficiency and enhancing its services, Optus will use Nokia’s Global Delivery Setup to restructure its network operations. Nokia will also use its extensive international services expertise to assist Optus bundle, automate and standardize its procedures.

Optus will gain from lowered operational complexity. Nokia will even work with Optus to assess its operations and network structure periodically to warrant Optus’ competitive benefit as well as ability to respond to consumers’ evolving requirements.

Nokia will offer software services and network operations, and deploy artificial intelligence, extreme automation and robotics to help Optus scale and standardize its businesses, while Nokia Field Services will organize all components of work related with mobile base station facilities and equipment.

Friedrich Trawoeger, who is Head of Managed Services at company, expressed that Nokia is delighted to associate with Optus to assist them apply automation and other network management offerings to further improve the operational capability, quality and customer experience. This measure is in par with Optus’ vision to revolutionize into a mobile-led, multimedia firm. They are using the benefits of their innovative Global Delivery Setup, which brings together international expertise with local insights, to completely fulfill the needs of their customers.

In the last trading session, the stock price of Nokia declined 0.20% to close the day at $4.95.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.