Nokia wraps up Comptel acquisition
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Nokia said it has completed its acquisition of Comptel, a Finland-based telecommunications software company.
Announced last February, the acquisition advances Nokia’s strategy to build a standalone software business at scale by expanding and strengthening its software portfolio and go-to-market capabilities.
Comptel bolsters Nokia’s software portfolio by adding capabilities that help digital service providers bring new communications services to market faster, master the orchestration of services and order flows, capture data-in-motion and refine decision-making.
When combined with Nokia’s OSS, BSS, analytics, security and cloud technology, Nokia will be able to offer the software intelligence and real-time network information to deliver better digital experiences and operations in a cloud environment.
Questions & Answers
Q.What is the primary objective of Nokia acquiring Comptel?
What is the primary objective of Nokia acquiring Comptel?
Nokia’s main goal is to expand and strengthen its software portfolio and go-to-market capabilities, allowing it to build a standalone software business at scale. The acquisition is central to this strategy.
Q.How will Comptel specifically enhance Nokia’s existing software offerings?
How will Comptel specifically enhance Nokia’s existing software offerings?
Comptel adds capabilities that help digital service providers bring new communication services to market quicker and manage service orchestration. It also allows them to capture data and improve decision-making processes.
Q.When was the acquisition of Comptel first announced by Nokia?
When was the acquisition of Comptel first announced by Nokia?
The acquisition of Comptel, the Finland-based telecommunications software company, was initially announced by Nokia in February. The completion of the deal has now been confirmed.
Q.Which specific Nokia technologies will be combined with Comptel's additions?
Which specific Nokia technologies will be combined with Comptel's additions?
Comptel's capabilities will be combined with Nokia's existing OSS, BSS, analytics, security, and cloud technology. This integration aims to deliver better digital experiences and operations within a cloud environment.
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