Nokia (NOK) announced it has been selected by Memphis Light, Gas and Water, MLGW, to deploy a comprehensive private 5G wireless network. The project will support MLGW’s long-term, multi-year grid modernization strategy across Memphis and Shelby County, Tennessee, ultimately enhancing power distribution to its customers, which will reduce the risk and customer impact of unplanned outages and enable MLGW to restore service to the public more efficiently.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOK: