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NOK - Nokia's New Cloud-Based Service Could Boost 5G Carrier Revenue
Nokia Corporation Sponsored American Depositary Shares
Nokia(NYSE: NOK) recently launched a new cloud-native Digital Operations Center, which will allow carriers to split their high-speed internet connections into smaller dedicated "slices".
Carriers often lock in customers with long-term contracts. But with Nokia's new system, carriers can lend out "slices" of their bandwidth for temporary events. Nokia notes a virtual gaming company can borrow a two-hour slice, while a sports stadium might borrow a four-hour slice.