Nokia (NYSE:NOK) Joins Hands with Furukawa for Optical LAN in Latin America

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Today, Nokia (NYSE:NOK) declared that it shake hand for strategic alliance with leading network cabling company, Furukawa Electric Co Ltd (OTCMKTS:FUWAY) to speed up optical LAN deployments in Latin America. Shares of Nokia (NOK) slightly dropped 0.5% to trade at $4.30 in early trading hours on Tuesday.

The Vice President Executive at Furukawa, Helio Durigan said: “The partnership between Furukawa and Nokia brings to our customers a state-of-the-art and innovative solution that allows great benefits in sustainability with reduction in power consumption, and at same time delivers a reliable and secure technological platform enhancing corporate governance.”

On base of advanced optical fiber technologies, Optical LANs are among the growing business services, given that ultra-high bandwidth to support multiple high bandwidth and critical applications for multiple use cases. Over 450 business clients, including hotel chains, manufacturing, airports, schools, healthcare providers, the government, and others, have chosen Nokia’s optical LAN solutions for deployment.

Local area network connection is provided via optical LANs, often referred to as POLs, in business buildings and campuses. These networks have several benefits over conventional copper-based networks. These technologies offer improved security, more scalable deployments, reduced total cost of ownership, and decreased energy use (TCO).

In Latin America, Furukawa is the market leader for copper cables and optical fiber. With the help of this collaboration, Furukawa will integrate Nokia’s optical networking technology into its Laserway passive optical LAN solution, which is offered to the enterprise market through its partner ecosystem.

The Head of Enterprise for Latin America, Nokia, Marcelo Entreconti said: “Because of fiber’s unlimited bandwidth potential, optical LAN is the ultimate long-term solution, available at 10Gb/second speeds today, but easily scalable to 25Gb/s with a simple change in the optics. Nokia has deployed mission-critical networks to more than 2,200 leading enterprise customers in the transport, energy, large enterprise, manufacturing, webscale, and public sector segments around the globe and we’re proud to be partnering with Furukawa who has a long history of working with businesses in Brazil for technology integration and validation.”

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