Nokia Oyj (NYSE: NOK) looks forward to working for Red Electrica de Espana (REE). It will serve its client with a Dense Wave Division Multiplexing (DWDM) optical transport network and an IP/MPLS network.
The two companies started making plans a few years ago
REE happens to be one of the most vibrant Spanish electricity transmission system operators, and its leading services continue to impact the nationwide transmission grid positively. It takes great pride in its 800-site network, outlining that it has made it easy and possible to work across the entire grid over the years.
REE will utilize its modernized network towards the enhancement of its grid operations. The other thing has to do with the modernization of and digitization of Red Electrica’s operations.
It isn’t the first time that Nokia and REE are collaborating on a deal. Reports show that the w two have a history spanning a few years in which they planned the migration. Winning the deal is good for Nokia because it showcases its dedication to the energy sector for an electrified future.
The IP/MPLS and optical transport networks are rather appropriate, considering their roles towards boosting efficiency and the expansion of broadband services. The determination to ensure a flawless distribution of broadband services is evident as Nokia vows to deliver a stellar performance. Furthermore, it hopes to contribute to energy distribution and IoT-based asset management by utilizing its wide-ranging applications.
Nokia to remain dedicated to its work
Its leading network is a good option considering its flexibility and appropriateness. Some of the services that it supports include the low-latency communication of IoT sensor data for measurement and sub-station communication. Nokia discloses that the core networks will employ its IP/MPLS portfolio, but matters will differ from the optical transport network. The company says that its DWDM portfolio will be the one applicable to the optical transport network.
Matters seem to be working out for Nokia recently. For instance, it stands to benefit a great deal from next-generation connectivity. It walks into a promising future where it can achieve profitable and sustainable growth. The company also seeks to scale higher and take over the technology leadership.