Nokia Corporation (ADR) (NYSE:NOK) Teams With T-Mobile To Deploy Small Cells

Nokia Corporation (ADR) (NYSE:NOK) announced it is teaming with T-Mobile to speed up the deployment of small cells that are used to operate unlicensed radio bands. The two companies will work together to develop the standards for LTE-U which is a small cell solution that adds more LTE capacity. It also improves network performance and offers superior customer experiences.

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LTE-U is also known as LAA or licensed assisted access and that refers to the use of LTE in 5 GHz spectrum bands that are unlicensed. It allows the use of mixed licensed LTE spectrum along with the 5GHz frequency band. That band is mainly used for WI-FI at this time. Operators can augment connectivity indoors and via hotspots by using carrier aggregation between LTE in the licensed and unlicensed spectrums.

Small Cell technology

Small cells are tiny radio base stations that are able to aid the strengthening voice coverage and data speeds that are accessible on the busiest 4G networks. Nokia’s FlexiZone and LAA functionality will be augmented with T-Mobile’s small cell deployment capabilities. This offering will allow T-Mobile to be the early adopter of the technology which is a pioneer in its industry. It will also boost the capacity of the company’s LTE network offering more streaming data pools. T-Mobile plans to launch the service for the indoors in 2016 and right after that offer the outdoor version.

Big Mobile Show

Nokia Corporation (ADR) (NYSE:NOK) will demonstrate the technology at the upcoming Mobile World Congress. It will feature carrier aggregation between the licensed and unlicensed spectrum and show its conformity with WI-FI. Nokia is one of the leaders in small cell technology and has already deployed it on T-Mobile’s network in other capacities. This new deal is hoped to leverage the company’s deep portfolio of small cells products and bolster its revenue stream.

Technicals

The stock is trading sideways and is developing a nice, solid base. It has strong support at around $7.85. It recently made a technical recovery but needs to pull its 50-day MA back above its 200-day MA.

About the Author

Stinson is US Markets Daily’s Senior Producer for News & Public Affairs.

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