CommScope Partners with Nokia for AI-Enhanced Network Solutions

September 05, 2024 05:08 AM AEST | By Team Kalkine Media

Google News:

CommScope Partners with Nokia for AI-Enhanced Network Solutions — Image source: Shutterstock

Recent News

IDP Education and Cettire Reflect Market Trends in ASX 300 Discretiona...

Top Gainers and Laggards on ASX 200 Across Sectors in FY25

Gold Stocks Surge on ASX 200 Amid Rising Metal Prices

Baidu Announces Management Changes

Headlines

Strategic Partnership: CommScope and Nokia have teamed up to create an advanced AI-driven solution for seamless in-building and campus-wide connectivity, integrating RUCKUS Network’s Wi-Fi technology with Nokia’s fiber-based Optical LAN.
Enhanced Performance: The combined solution promises robust connectivity, improved bandwidth, and operational efficiency, with significant reductions in energy and total ownership costs.
Future Prospects: The collaboration is expected to drive demand for CommScope’s services, aligning with the growing need for reliable and high-speed network infrastructure.

CommScope Holding Company, Inc. (NASDAQ:COMM)has announced an exciting collaboration with Nokia Corporation to introduce a groundbreaking AI-driven solution aimed at enhancing connectivity across diverse environments. This new partnership integrates CommScope's RUCKUS Network enterprise Wi-Fi and switching solutions with Nokia's state-of-the-art fiber-based Optical LAN, designed to provide seamless in-building and campus-wide connectivity.

This advanced infrastructure will support a range of demanding applications, such as augmented reality, virtual reality, extended reality, and 4K video streaming, along with conference calls and online gaming. It is also expected to efficiently handle numerous IoT devices across various sectors, including hospitality, multi-dwelling units, public venues, and educational institutions.

Nokia's innovative fiber technology stands out for its future-proof capacity, reduced power consumption, and lower total cost of ownership. When combined with RUCKUS Networks' cutting-edge Wi-Fi technology, the integrated solution is anticipated to deliver enhanced bandwidth, reliability, and operational efficiency. Notably, it could cut energy costs by 40% and reduce overall ownership costs by up to 50%, offering significant sustainability benefits for enterprises.

CommScope's ongoing strategies focus on optimizing operational costs and improving overall cost structures. The company has a history of successfully implementing profit improvement plans and cost-saving initiatives. As the industry moves toward unified network structures combining voice, video, and data communications, CommScope is dedicated to advancing solutions that support network convergence and 5G technology.

The collaboration with Nokia highlights CommScope’s commitment to shaping the future of telecommunications infrastructure. As the need for faster and more reliable connectivity continues to grow, this partnership is poised to drive increased demand for CommScope’s innovative services, potentially leading to enhanced revenue opportunities.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.