Nokia's AI technology helps reduce energy use in Indonesian mobile networks, stock trading slightly lower.
Indosat Ooredoo Hutchison, a top Indonesian digital telecom provider, partners with Nokia Corp. to implement Energy Efficiency solution from Autonomous Networks portfolio, reducing energy use and CO₂ emissions in national radio access network.
AI and machine learning analyze traffic to automatically power down idle radio equipment during low-demand periods, reducing energy consumption. Intelligent thermal management further cuts cooling-related energy use.
Nokia’s Energy Efficiency solution, delivered via SaaS model, cuts upfront costs and eliminates on-site maintenance, offering a greener and more efficient alternative for Indosat.
The multi-vendor, AI-powered platform successfully reduces energy costs and environmental impact while maintaining network performance and customer service standards.
Nokia’s stock has surged over 16% year-to-date, outperforming NYSE Composite, driven by licensing deals, positive performance in Network Infrastructure, Cloud, and Network Services divisions, and strategic partnerships.
Ten analysts have an average price target of $5.44 for Nokia, with a high target of $7. Recent ratings suggest a potential upside of 27.18% from the current price.
Nokia stock is trading lower by 0.77% to $5.15 premarket at last check Monday, following the implementation of the Energy Efficiency solution in Indonesia.
Read more at Yahoo Finance: Nokia’s AI Tech Powers Greener Mobile Networks In Indonesia
