Nokia to Modernize Deutsche Telekom's Optical Transport Network
05:06 AM EST, 02/08/2021 (MT Newswires) -- Nokia (NOK) said premarket Monday that it was chosen by Deutsche Telekom to upgrade its optical transport network into a more scalable and automated service-centric platform.
The Finnish telecommunication infrastructure company said it will deploy its WaveFabric service-ready platforms and WaveSuite software portfolio to modernize the German mobile operator's optical transport network.
Financial details were not disclosed.
Nokia rose more than 2% in premarket trading.
Price: 4.3200, Change: +0.10, Percent Change: +2.37