Today’s telecom news includes announcements on Nokia’s contract extension with Elisa, Bango’s partnership with KT, Bharti Airtel, among others.
Nokia secures four-year contract extension with Elisa
Nokia has secured a four-year contract extension with Elisa to enhance network capacity, coverage, and speed across Finland and Estonia in preparation for the Advanced 5G era. The upgrade will support ultra-fast, low-latency services critical for AI, VR/AR, and industrial automation. Nokia will provide its energy-efficient AirScale RAN portfolio, including Habrok 32 Massive MIMO radios, FDD multi-band radios, and high-performance baseband solutions powered by ReefShark technology. The deal also includes Nokia’s MantaRay NM network management, optimization, and support services, as well as the introduction of its new AirScale Dual Boost base station technology to improve Elisa’s uplink and downlink capabilities.
KT Teams Up with Bango to Revolutionize Subscription Services Using AI
Bango has partnered with KT, a South Korean telecom provider, to deliver subscription services to KT’s 13.5 million customers using Bango’s Digital Vending Machine® (DVM™). The DVM allows KT to integrate multiple third-party subscription services, including AI, language, and translation offerings, into its platform. It provides a single integration point to simplify subscription bundling and access to a global catalog of services. KT can launch new subscription offers and personalize bundles based on customer data. The partnership supports KT’s focus on developing AI solutions in telecom and other sectors, enabling customers to access AI tools to improve productivity, creativity, and learning. KT aims to expand its subscription platform globally and meet changing customer needs with flexible, technology-driven services.
Bharti Airtel Delivers 243% Shareholder Return Amid Profit Growth
Bharti Airtel, an Indian telecom company, reported financial growth over the past five years. The company moved from unprofitable to profitable, with earnings per share (EPS) increasing steadily. Over five years, Bharti Airtel delivered a total shareholder return (TSR) of 243 percent, including share price gains and dividend reinvestments. The share price rose 173 percent in the last three years, while EPS grew 93 percent per year over the same period. Bharti Airtel showed a 30 percent total shareholder return over the last year.
TelecomLead.com News Desk
