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Nokia Wins Fiber Network Contract in Wisconsin, Shares Rise
ByAinvest
Thursday, Sep 4, 2025 10:38 am ET1min read
Nokia has been selected to build a new fiber network in Wisconsin, USA. The project aims to expand high-speed internet access to rural areas. Nokia's shares rose in response to the news. The Finnish telecommunications company specializes in network infrastructure solutions, software development, and professional services. The new network will use Nokia's optical networking solutions and software to provide fast and reliable internet connectivity to the region.
Nokia Corporation (NYSE: NOK) has been selected by the City of Superior in Wisconsin to build a new fiber network, aiming to expand high-speed internet access to rural areas. The announcement, made on September 4, 2025, resulted in a positive market response, with Nokia's shares rising in response to the news [1].The project, known as ConnectSuperior, will provide ultra-broadband services to 26,000 currently underserved residents in the region. Nokia will leverage its advanced optical networking solutions and software to deliver fast and reliable internet connectivity. The city will own and operate the new wholesale open-access fiber network, which Internet Service Providers (ISPs) can use to offer broadband services [1].
Nokia's selection is a significant win for the company, highlighting its expertise in network infrastructure solutions, software development, and professional services. The Finnish telecommunications giant is the only vendor supporting all next-generation PON technology options, giving broadband operators the flexibility to choose the right strategy for their needs and business case [1].
The project is part of a broader trend towards expanding broadband access in rural areas, driven by the need for improved connectivity and economic development. Nokia's involvement in this project underscores its commitment to bridging the digital divide and providing innovative connectivity solutions [1].
References:
[1] https://www.nasdaq.com/press-release/nokia-selected-city-superior-new-fiber-network-wisconsin-2025-09-04
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