AT&T Inc. (NYSE:T) is extending its multi-year partnership with Nokia Corporation (NYSE:NOK) to enhance its voice core network.
This agreement will help AT&T advance its goal of delivering secure, customer-centric networks with improved automation, enabling new services, faster deployments, and greater operational efficiency.
AT&T is upgrading its existing Nokia IMS Voice Core to support Voice over New Radio (VoNR).
The enhanced IMS Voice Core features a fully cloud-native architecture, allowing for flexible scaling and increased automation.
AT&T will leverage Nokia’s voice core applications via the Nokia Cloud Platform (NCP) to optimize network operations, enhance automation, and reduce manual processes.
NCP aligns with Nokia’s multi-cloud strategy, offering operators flexible infrastructure options.
Additionally, AT&T will implement Nokia’s Digital Operations software, which supports multi-vendor networks, to automate the design, delivery, and assurance of customer services at scale.
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Raghav Sahgal, President of Cloud and Network Services at Nokia, added, “As a long-time collaborator with AT&T, Nokia fully understands the important journey AT&T is on to enhance automation, reduce complexity, decrease deployment times, and perform operational workflows faster to better serve its customers, and glean more value from its network.”
Last month, AT&T reported fourth-quarter 2024 operating revenues of $32.30 billion, the analyst consensus estimate of $32.04 billion and adjusted EPS of $0.54 beat the estimate of $0.50.
Investors can gain exposure to AT&T via iShares U.S. Telecommunications ETF (BATS:IYZ) and WBI Power Factor High Dividend ETF (NYSE:WBIY).
Price Action: T shares are down 0.08% at $24.23 premarket at the last check Tuesday.
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