Nokia acquiring Rapid assets to win over developers [Yahoo! Finance]
Telecom Argentina SA (TEO)
US:NYSE Investor Relations:
institucional.telecom.com.ar/inversores/investors.html
Company Research
Source: Yahoo! Finance
One way Nokia has been working alongside CSPs is to simplify the way developers can extract the network capabilities exposed through programmable interfaces and embed them into their applications. This led to the launch of Nokia's Network as Code (NaC) platform in 2023, which provides non-telecoms-specialist developers access to industry-standard APIs, as well as sample code, SDKs, a development sandbox, and analytics. The aim is to help drive innovation leveraging CSP networks to create new consumer, enterprise, and industrial applications. Nokia recently boosted its efforts through the acquisition of Rapid's technology assets, which include the API hub and the talent within Rapid's R&D unit. This is a significant milestone for Nokia's NaC initiative since one of the biggest challenges for CSPs has been the ability to engage developers – most of them with no telco knowledge and expertise. Nokia has been trying to bridge that gap and Rapid's business is built around developers. Its
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News
- ABI Research ranks Nokia overall leader and top innovator for telco API platforms [Yahoo! Finance]Yahoo! Finance
- Network Operator Capex Forecast Report 4Q 2024, with Focus on Telecommunications Operators (Telcos), Webscalers and Carrier-neutral Network Operators (CNNOs) [Yahoo! Finance]Yahoo! Finance
- Telecom Argentina S.A. (NYSE: TEO) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $7.30 to $8.30. They now have a "sell" rating on the stock.MarketBeat
- Telecom Argentina S.A. (NYSE: TEO) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Telecom Argentina S.A. (NYSE: TEO) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
TEO
Sec Filings
- 12/5/24 - Form 6-K
- 12/5/24 - Form 6-K
- 11/27/24 - Form 6-K/A
- TEO's page on the SEC website