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      Why Did NOKBF Stock Plummet In Last Trading? - Stocks Telegraph

      By ST Staff

      Published on

      June 29, 2021

      11:47 AM UTC

      Last Updated on

      July 14, 2021

      7:38 AM UTC

      Why Did NOKBF Stock Plummet In Last Trading? - Stocks Telegraph

      Nokia Corp (OTCPink: NOKBF) ended the last trading session at $5.4080 after losing -1.49% after which its market cap stood at $30.30B. Nokia stock traded 826.95K shares recently, less than its average daily volume of 912.89K. Furthermore, the NOKBF stock has been trading at a price range of $5.3600 and $5.5200 in that session. There are 5.60B outstanding shares of Pink Sheets compared to 4.64B float. NOKBF’s stock rose after the first trial of the intercontinental Terabit IP link.

      How did NOKBF conduct the trial?

      Nokia develops technology that makes the world more connected. NOKBF, a global leader in mobile, fixed and cloud networking, is a trusted partner for critical networks. Through its award-winning Nokia Bell Labs, NOKBF creates value through its long-term research and intellectual property. NOKBF strives to establish high standards of integrity and security to drive productivity, sustainability and inclusion for all.

      Vodafone Turkey, an operating unit within the Vodafone Group Plc, recently conducted an extensive trial with Nokia.

      • The NOKBF was conducting the trial to develop a clear-channel IP interface with a 1T (terabit) bandwidth for intercontinental communication.
      • Vodafone Turkey is attempting to scale up operations to effectively handle exponential growth in data traffic via its NOKBF trial project as part of its network modernization initiative.
      • In support of next-generation applications and access technologies, NOKBF’s 7950 XRS routers with terabit interfaces and NOKBF’s FP4 chipset enabled Vodafone Turkey to scale its IP network.
      • By carrying test traffic on Vodafone Turkey’s network, NOKBF’s FP4 terabit linecard demonstrated deployment readiness.
      • Furthermore, NOKBF terabit IP links simplify operations and reduce costs by avoiding the need to distribute high-capacity flows across multiple interfaces with lower rates used in link aggregation groups.
      • NOKBF offers a mobile infrastructure with multi-access capabilities that will help the operator adapt its transport infrastructure to changing industry demands.
      • NOKBF’s 7250 IXR interconnect router and FP4-based 7750 Service Router portfolio have already been deployed to deliver high-speed, low-latency 5G services to Vodafone Turkey.
      • NOKBF’s platforms support the features and protocols necessary to automate applications and optimize control over SDN.

      What else NPKBF is doing?

      Last week, Nokia (NOKBF) announced its next-generation ReefShark-powered AirScale massive MIMO antenna product line with 32TRX and 64TRX in addition to 8T8R radio heads with remote control. Additionally, NOKBF unveils its new SoC-based baseband plug-in cards that allow AirScale System Modules to scale up quicker. With its 84 Gbps throughput and 90,000 simultaneous connections, the NOKBF baseband module provides two-way communication for 90,000 users.

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