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NOK Unveils Network Solution for Gaming Applications: Stock to Gain?
NOKNokia(NOK) ZACKS·2024-12-27 17:15

Group 1: Company Overview - Ubiquiti Inc. (UI) currently holds a Zacks Rank 1 (Strong Buy) and reported an earnings surprise of 20.9% in the last quarter, showcasing its adaptable global business model [1] - Nokia Corporation (NOK) has a strong presence in over 100 countries, which is expected to enhance its customer base and revenue growth in the upcoming quarters [2] Group 2: Technological Advancements - Nokia's advanced slicing solution has been implemented by e& UAE, marking it as the first operator globally to create a dedicated network slice optimized for modern gaming demands [10] - The slicing technology allows operators to customize network slices for various customer needs, optimizing experiences for activities such as TV streaming and cloud gaming [11] Group 3: Market Performance - Nokia's stock has increased by 32.6% over the past year, outperforming the industry growth of 27.2% [18] - The effective management of Nokia's global network of over 100 distributors has improved visibility for future demand and inventory management [15]