On Tuesday, Nokia Corporation (NYSE:NOK) disclosed a deal with Maersk in Denmark to deploy its advanced private wireless network solutions across 450 of Maersk’s ships.
With the deployment, Maersk’s OneWireless IoT platform aims to provide customers with benefits like real-time cargo tracking, better supply chain visibility, and increased operational efficiency.
By adopting Nokia’s private wireless technology, Maersk will address the limitations of its existing onboard infrastructure for both owned and chartered vessels, gaining improved scalability and future-ready connectivity.
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Nokia’s new integrated mobile network, utilizing its comprehensive radio portfolio, is engineered to support a wide array of IoT devices and ensure secure communication between private and public networks.
This will guarantee reliable monitoring of Maersk customers’ cargo, whether it’s at sea, in port, or on land.
This capability is particularly crucial for tracking environmental conditions like temperature and humidity for sensitive goods such as fruit and other perishable items.
Nokia’s MantaRay NM system in Maersk’s center provides unified monitoring. The deployment is underway, which is expected to complete in first quarter of 2026.
Tommi Uitto, President of Mobile Networks at Nokia, said, “Nokia’s technology leadership in private wireless goes far beyond just connectivity, as demonstrated by this major new contract with Maersk. Our Radio Access portfolio and MantaRay network management solution will deliver reliable, real-time, and future-ready mobile networks that will optimize Maersk’s marine operations.”
Kjeld Dittmann, Head of Vessel & Cargo Connectivity at Maersk, added, “With our next-generation connectivity platform, we will be able to offer our customers notable benefits, including real-time cargo tracking, enhanced supply chain visibility, and improved operational efficiency. This platform is designed to support thousands of IoT devices, ensuring optimal performance for reefer tracking and fleet IoT.”
In April, the telecommunications major opened 2025 with mixed financial results, with net sales sliding 3% year-over-year on a constant currency and portfolio-adjusted basis.
Investors can gain exposure to the stock via Shares U.S. Digital Infrastructure and Real Estate ETF (NYSE:IDGT) and Defiance Connective Technologies ETF (NASDAQ:SIXG).
Price Action: NOK shares are up 0.50% at $5.04 at the last check on Tuesday.
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