Nokia Corporation (NYSE:NOK) shares are trading higher during Monday’s premarket session. Last week, the company reported a new optical-network win with Orange Belgium.DetailsOrange Belgium has selected Nokia as the sole supplier to modernize its transport infrastructure by combining fixed and mobile networks into a unified optical transport network across Belgium.The multi-year project will enhance network resilience, security, and scalability to meet rising bandwidth demand driven by AI, remote work, video streaming, gaming, and cloud services.By converging its transport infrastructure, Orange Belgium aims to simplify operations, improve service delivery, and accelerate new service launches using Nokia’s AI-powered WaveSuite automation platform.The upgraded network will support fixed and mobile traffic with capacities ranging from 1G to 400G and beyond, while marking the first deployment of Nokia’s 1830 PSS optical transport platform within an Orange affiliate.Other Recent CollaborationsIn parallel, the company is also building six Gemini-powered agents with Alphabet aimed at telecom workflows, with an efficiency claim that troubleshooting time can drop 50% to 80%.Nokia Stock: Key Technical Levels To WatchFrom a trend perspective, the bigger-picture setup is still constructive: the stock is up 135.28% over the past 12 months and remains well above its longer-term baselines, trading 13.5% above the 100-day SMA and 46% above the 200-day SMA. That said, the near-term tape is choppier, with shares trading 9.7% below the 20-day SMA and 8.7% below the 50-day SMA—often a sign the stock is digesting gains rather than cleanly trending.The moving-average structure still leans bullish longer term, with the 20-day SMA above the 50-day SMA and a golden cross (50-day SMA over the 200-day SMA) that occurred in October 2025. For momentum, MACD is currently below its signal line with a negative histogram, which in plain English suggests upside pressure has cooled versus the prior upswing unless buyers can reassert control.