Nokia's (NOK) Wireless Network Boosts Agribusiness in Brazil [Yahoo! Finance]
Nokia Corporation Sponsored American Depositary Shares (NOK)
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Source: Yahoo! Finance
Solis is a prominent mobile virtual network operator and NB-IoT (Narrowband Internet of Things) provider for Brazilian agribusinesses. Leveraging Nokia's industry-leading Airscale portfolio, Solis is aiming to match the growing demand for critical communication and Internet access in the agricultural sector nationwide. Nokia is offering a wide array of equipment from its AirScale portfolio, such as small cells, baseband, Macro Remote Radio Heads and base stations. Its offering also includes power-efficient all-in-one cabinet solutions with innovative cooling solutions designed for outdoor applications. Currently, only 19% of the land used for agriculture has 4G or 5G coverage in Brazil. This lack of proper connectivity hinders effective communication between workers, managers and suppliers, leading to lower productivity. Businesses face difficulties in accessing real-time information on weather conditions and market prices. This technological lag creates barriers to adopting moder
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- NOK's page on the SEC website