Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Nokia Oyj    NOKIA   FI0009000681

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsSector newsTweets

Nokia Oyj : and Zain Saudi Arabia successfully trial country-first NB-IoT technology in live network for smart cities

share with twitter share with LinkedIn share with facebook
share via e-mail
10/03/2017 | 09:10am CET

Press Release

  • Trial underlines Nokia's leadership in enabling the Internet of Things (IoT) and creating a programmable world, and represents another step by Zain toward realization of smart cities

  • Zain aims to deploy NB-IoT in major cities and rural areas by end of 2017

03 October 2017

Riyadh, Kingdom of Saudi Arabia - Nokia and Zain Saudi Arabia have taken a significant step towards the creation of an IoT ecosystem in the Kingdom of Saudi Arabia with the successful trial of NB-IoT (Narrowband Internet of Things) technology at a live site in Mina area of Makkah Province.

In the trial - which used smart metering as a potential use case - NB-IoT was applied to communicate temperature, humidity and air pressure from a remote location via a Nokia LTE base station at 900 MHz, demonstrating the role NB-IoT could play in applications such as smart metering for electricity departments, smart parking and smart waste management. The trial follows the MoU signed by Nokia and Zain Saudi Arabia to collaborate on 5G and IoT development.

NB-IoT is a 3GPP Release 13 radio access technology designed to enable connectivity to IoT devices. The technology works in almost any environment, with its strong coverage capability connecting devices in hard-to-reach locations and its use of existing mobile networks allowing for the transfer of small data packets securely and reliably. In addition, with NB-IoT's very low power consumption, device battery life can last about 10 years.

In the NB-IoT trial, data was transferred using Nokia's LTE radio platform Flexi Multiradio 10 Base Station and Nokia's professional services expertise, including system integration, network implementation, and care services.

Eng. Sultan Abdulaziz AlDeghaither, Chief Technology Officer, Zain Saudi Arabia, said: 'This Saudi-first IoT trial in a live network again shows our strong commitment to bring new services to make people's lives more comfortable and productive. It has been a fruitful, decade-long journey with our longtime partner Nokia in transforming telecom services in Saudi Arabia, and now this successful joint trial accelerates our initiatives in building smart cities across the Kingdom including Riyadh and Jeddah.'

Ali Al Jitawi, head of the Zain Saudi Arabia customer team at Nokia, said: 'This trial is the first step in utilizing Zain's country-wide LTE network assets to create a cost-efficient IoT ecosystem and introduce new services. NB-IoT will help connect numerous devices, opening revenue opportunities in many verticals including transport, manufacturing, healthcare, energy, agriculture and home appliances.'


Connect with Nokia

  • Subscribe
    to receive information on specific areas of interest

About Nokia
We create the technology to connect the world. Powered by the research and innovation of Nokia Bell Labs, we serve communications service providers, governments, large enterprises and consumers, with the industry's most complete, end-to-end portfolio of products, services and licensing.

From the enabling infrastructure for 5G and the Internet of Things, to emerging applications in virtual reality and digital health, we are shaping the future of technology to transform the human experience. nokia.com

Media Enquiries:

Kannan K
Nokia Media Relations
Phone: +971 529 823 406
E-mail: [email protected]

Phone: +358 (0) 10 448 4900
E-mail: [email protected]

Nokia Oyj published this content on 03 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 October 2017 07:09:04 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on NOKIA OYJ
02/19NOKIA OYJ : and Tele2 sign strategic partnership to provide global IoT services
02/19Nokia and Tele2 sign strategic partnership to provide global IoT services
02/18India's Reliance, global tech firms to invest $9.3 billion in industrial area
02/16NOKIA OYJ : Corporation - Managers' transactions
02/15NOKIA OYJ : starts review of digital health business, cuts jobs in Finland
02/15NOKIA OYJ : announces strategic review of its Digital Health business
02/14NOKIA OYJ : Hinduja Group's ONE Broadband partners with Nokia to power their end..
02/14NOKIA OYJ : Changes in Nokia Corporation's own shares
02/14Changes in Nokia Corporation's own shares
02/14NOKIA OYJ : launches Managed Security Services for digital-era networks
More news
News from SeekingAlpha
02/15Nokia starts strategic review for digital health business 
02/12Verizon, Nokia, Qualcomm complete test call using 5G New Radio 
02/07Nokia, Qualcomm wrap foundation testing on 5G New Radio 
02/05BofA upgrades Nokia to Buy ahead of spending cycles 
02/02Saddled By Hardware, Ericsson And Nokia Invest In 5G Software 
Financials (€)
Sales 2018 22 107 M
EBIT 2018 2 210 M
Net income 2018 193 M
Finance 2018 3 475 M
Yield 2018 4,22%
P/E ratio 2018 194,08
P/E ratio 2019 26,08
EV / Sales 2018 1,07x
EV / Sales 2019 1,05x
Capitalization 27 200 M
Duration : Period :
Nokia Oyj Technical Analysis Chart | NOKIA | FI0009000681 | 4-Traders
Technical analysis trends NOKIA OYJ
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 5,35 €
Spread / Average Target 15%
EPS Revisions
Rajeev Suri President & Chief Executive Officer
Risto Kalevi Siilasmaa Chairman
Joerg Erlemeier Chief Operating Officer
Kristian Pullola Chief Financial Officer
Marcus Weldon Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
NOKIA OYJ17.39%33 473
MEITU INC--.--%5 448
INTOPS CO LTD--.--%178
DIGIA OYJ-3.83%76