Nokia shares are rising in response to news that it is teaming up with Microsoft to develop private wireless use cases designed for enterprises, combining Nokia's cloud Radio Access Network with Azure cloud-based services.
The project will run in three stages and see Nokia combined its mobile network solutions (including Cloud RAN, Open RAN, Radio Access Controller and multi-access edge cloud) with the Azure Private Edge Zone - optimized for ultra-low latency applications such as real-time robotics, mixed reality or immersive gaming.
Nokia will also integrate 5G RAN with Azure 4G/5G core to support enterprise use cases required by Microsoft's customers.
This is also gives the chance to explore opportunities to incorporate Nokia Airframe Open Edge server in a telco edge strategy, and explore additional areas in the future, such as network slicing.