Stock Track | Nokia Shares Soar 5.05% as Company Achieves World's First Cross-Border 5G Slice Handover for Defense

Stock Track
04-10

Nokia Oyj (NOK) stock is soaring 5.05% in intraday trading, following the announcement of a groundbreaking achievement in 5G technology for defense applications. The Finnish telecommunications giant, in collaboration with Telia and the Finnish Defense Forces, has successfully conducted the world's first seamless 5G standalone slice handover between multiple countries in a live network.

The trial, carried out in Finland in March, demonstrated a continuous and secure data connection over a 5G standalone slice while moving across three separate networks in three different countries. This technological milestone is crucial for modern defense forces, enabling military personnel to maintain uninterrupted access to mission-critical applications and services while operating in coalitions beyond their national territories.

Tommi Uitto, President of Mobile Networks at Nokia, emphasized the significance of this achievement, stating, "Seamless 5G slice continuity over country borders is a breakthrough for defense operations, enabling secure and reliable communications for collaborative missions that extend beyond national territories." The trial utilized Nokia's advanced 5G Core Software as a Service (SaaS) and AirScale 5G base stations, powered by ReefShark System-on-Chip technology, integrated with Telia's commercial network.

This development not only showcases Nokia's leadership in 5G technology but also opens up new opportunities in the defense sector. As countries increasingly prioritize advanced communication capabilities for their military operations, Nokia's demonstration of this critical 5G feature could potentially lead to increased demand for its products and services in the defense industry, explaining the positive market reaction to this news.

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