Nokia news: Comptel acquisition and Japanese deal
Finnish telecommunications giant Nokia has announced plans to acquire Comptel, and has also inked a deal with Energia Communications in Japan.
The move to acquire the Finnish software company seeks to advance Nokia’s software strategy. Nokia has thus launched a recommended cash tender offer for all the shares and option rights in Comptel, valued at 347 million euros.
“When Comptel is combined with Nokia’s OSS, BSS, analytics and cloud technology, customers will be provided with end-to-end orchestration of complex NFV and SDN deployments – including the ability to close the loop between service assurance and fulfilment – and the intelligence and automation required to create and manage increasingly complex service offers,” reads the press release.
Meanwhile, Nokia and Energia Communications have singed a distributor agreement for G.fast fixed ultra-broadband access technology in Japan.
“This strategic partnership with EneCom will increase G.fast deployments in Japan, providing real benefits to subscribers who might otherwise be unable to enjoy ultra-broadband speeds,” states Jae Won, head of Nokia in Japan. “Japan is a very important market to us, and we look forward to a successful venture that will boost local economies.”