Technology
The Broadband company of Nokia was improved under the COVID-19 Pressures Network
SUMMARY
- With the 2016 purchase of Alcatel-Lucent, Nokia boosted the fixed line business
- In the first quarter, unit sales decreased by 18 percent year on year
- The fixed broadband traffic in Europe is approximately 90%
Finnish telecoms company Nokia is watching orders pick up while its broadband customers are racing for upgrades to meet greater user demand in the pandemic COVID-19, a manager said.
In many years, many customers planned to expand their network from 30% to 40%, taking a similar increase of traffic, but COVID-19 contributed to the growth of this traffic overnight.
"The growth they've planned for customers will have had to be increased by customers, and we saw customers talking about it already," she said, in the first quarter, order adding for fixed networks grew 22%.
By purchasing Alcatel-Lucent in 2016, Nokia increased its fixed-line network activity by EUR 15.6 billion (roughly Rs. 1.33 lakh crores). In the first quarter the unit revenue dropped 18% year on year and 5% between 2018 and 2019, but Motley stated that the decrease was due to economic cycles.
"Some of our customers have upgraded us ... but many of the drive are going to be more medium and long term," Motley said.
The European Commission has recommended that all EU households, both rural and urban, be given access by 2025 to networks with download speeds of 100 Mbps or more.
Stefaan Vanhastel, CTO of Nokia's fixed networks business, told Reuters: it takes time to build a new fixed network because it can not be done over night. Installation of fiber cables.
"We definitely see operators begin to talk about accelerating fiber roll-outs," he said.
According to a research firm Analysys Mason, fixed broadband accounts for about 90 percent of all Internet transmission in Europe.
The Fixed Access division of Nokia accounted for approximately 10% of the company's main networks in 2019 with Mobile Access accounting for 64%.
