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Nokia

Nokia Oyj engages in the provision of network infrastructure, technology, and software services. It operates through the following segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. The Mobile Networks segment offers technologies for Radio Access Networks (RAN) as well as Microwave Radio Links (MWR) for transport networks. The Network Infrastructure serves communication service providers, enterprises, webscales and public sector customers. The Cloud and Network Services segment builds around software and the cloud and is focused on driving leadership in cloud-native software and as-a-service delivery models, as demand for critical networks accelerates; and with strong market positions in communications software, private wireless networks, and cognitive (or intelligent) services. The Nokia Technologies segment, building on decades of innovation and R&D leadership in technologies used in virtually all mobile devices used today, is expanding the Nokia patent licensing business, reintroducing the Nokia brand to smartphones through brand licensing, and establishing a technology licensing business. The company was founded by Fredrik Idestam in 1865 and is headquartered in Espoo, Finland.

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Press Release Nokia Technology Strategy 2030: emerging technology trends and their impact on networks Nokia's Technology Strategy 2030 is fundamental to realizing the full potential of AI, cloud and other emerging trends with connectivity at the center enabling the adoption of these technologies Demand on global telecom networks from 2022 to 2030 will grow at a CAGR of 22% - 25% according to Nokia Global Network Traffic 2030 report Nokia's future network architecture as proposed in the Technology Strategy 2030 is vital for the next phase of digital transformation for Nokia and its customers 31 October 2023Espoo, Finland – Nokia today presents its Technology Strategy 2030 that identifies trends and emerging technologies that will shape technology, networks and the world for the next seven years. According to its new Global Network Traffic 2030 report, network traffic is growing and will rise dramatically over this decade.

Nokia Technology Strategy 2030: emerging technology trends and their impact on networks

STOCK EXCHANGE RELEASE               30 October 2023                           Nokia CorporationStock Exchange Release               30 October 2023 at 21:00 EET               Nokia Corporation: Repurchase of own shares on 30.10.2023                                                           Espoo, Finland – On 30 Oct 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:                                           Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*         AQEU 8,131 3.11         CEUX 47,472 3.11         TQEX 2,067 3.08         XHEL 392,330 3.11         Total 450,000 3.11         * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia's Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia's Annual General Meeting on 5 April 2022 started on 2 January 2023 and ends at the latest by 21 December 2023 with a maximum aggregate purchase price of EUR 300 million.

Nokia Corporation: Repurchase of own shares on 30.10.2023

STOCK EXCHANGE RELEASE               27 October 2023                           Nokia CorporationStock Exchange Release               27 October 2023 at 21:00 EEST               Nokia Corporation: Repurchase of own shares on 27.10.2023                                                           Espoo, Finland – On 27 Oct 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:                                           Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*         AQEU 6,607 3.10         CEUX 60,856 3.10         TQEX 6,505 3.10         XHEL 386,032 3.09         Total 460,000 3.09         * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia's Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia's Annual General Meeting on 5 April 2022 started on 2 January 2023 and ends at the latest by 21 December 2023 with a maximum aggregate purchase price of EUR 300 million.

Nokia Corporation: Repurchase of own shares on 27.10.2023

STOCK EXCHANGE RELEASE               26 October 2023                           Nokia CorporationStock Exchange Release               26 October 2023 at 21:00 EEST               Nokia Corporation: Repurchase of own shares on 26.10.2023                                                           Espoo, Finland – On 26 Oct 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:                                           Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*         AQEU 13,904 3.05         CEUX 38,434 3.06         TQEX 11,923 3.05         XHEL 397,739 3.05         Total 462,000 3.05         * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia's Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia's Annual General Meeting on 5 April 2022 started on 2 January 2023 and ends at the latest by 21 December 2023 with a maximum aggregate purchase price of EUR 300 million.

Nokia Corporation: Repurchase of own shares on 26.10.2023

STOCK EXCHANGE RELEASE               25 October 2023                           Nokia CorporationStock Exchange Release               25 October 2023 at 21:00 EEST               Nokia Corporation: Repurchase of own shares on 25.10.2023                                                           Espoo, Finland – On 25 Oct 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:                                           Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*         AQEU 14,428 3.06         CEUX 43,358 3.07         TQEX 9,099 3.06         XHEL 391,115 3.06         Total 458,000 3.06         * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia's Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia's Annual General Meeting on 5 April 2022 started on 2 January 2023 and ends at the latest by 21 December 2023 with a maximum aggregate purchase price of EUR 300 million.

Nokia Corporation: Repurchase of own shares on 25.10.2023

Press Release Nokia and GFiber Labs set new milestone for broadband access with 20 Gig service GFiber Labs uses Nokia's 25G PON solution to deliver 20 Gig service to residential and enterprise customers with existing fiber network. University of Missouri-Kansas City (UMKC) and United Way of Utah County along with select residential customers among first to use 20 Gig service.

Nokia and GFiber Labs set new milestone for broadband access with 20 Gig service

STOCK EXCHANGE RELEASE               24 October 2023                           Nokia CorporationStock Exchange Release               24 October 2023 at 21:00 EEST               Nokia Corporation: Repurchase of own shares on 24.10.2023                                                           Espoo, Finland – On 24 Oct 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:                                           Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*         AQEU 6,829 3.03         CEUX 24,491 3.03         TQEX 6,127 3.04         XHEL 432,553 3.02         Total 470,000 3.02         * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia's Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia's Annual General Meeting on 5 April 2022 started on 2 January 2023 and ends at the latest by 21 December 2023 with a maximum aggregate purchase price of EUR 300 million.

Nokia Corporation: Repurchase of own shares on 24.10.2023

Press Release Nokia adds new 5G devices to its FWA portfolio Nokia expands its FastMile 5G Fixed Wireless Access (FWA) portfolio with new indoor and outdoor devices for faster speeds and better coverage. New Nokia outdoor receiver uses high gain antennas to avoid first wall attenuation and improve FWA coverage to the cell edge while still offering self-install convenience.

Nokia adds new 5G devices to its FWA portfolio

Tesla

United Continental Hlds

While the third-quarter earnings season has gotten off to an okay start, there have been a handful of ugly prints that raised eyebrows among investors. They also sent Wall Street analysts running to revise their future forecasts.

The Top 3 Stocks to Dump After Disastrous Q3 Earnings

Nokia CorporationStock Exchange Release at 21:00 EEST Nokia Corporation: Repurchase of own shares on 23.10.2023 Espoo, Finland – On Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 425,791 3.03 CEUX 25,343 3.03 AQEU 7,052 3.05 TQEX 6,814 3.05 Total 465,000 3.03 * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia's Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia's Annual General Meeting on 5 April 2022 started on 2 January 2023 and ends at the latest by 21 December 2023 with a maximum aggregate purchase price of EUR 300 million.

Nokia Corporation: Repurchase of own shares on 23.10.2023

Press Release Nokia introduces industry's first carrier-grade Wi-Fi 7 product portfolio Nokia unveils extensive portfolio of carrier-grade Wi-Fi 7 broadband devices to the market that are more than 3x faster than Wi-Fi 6.   New portfolio of Wi-Fi 7 products includes a dual-band 5G FWA gateway, a tri-band fiber ONT gateway, and the flagship Beacon 24, a quad-band device that can provide a total Wi-Fi capacity of up to 24Gbps.

Nokia introduces industry's first carrier-grade Wi-Fi 7 product portfolio

Press Release Nokia enhances wholesale access for Fiber-to-the-Home networks Nokia's Altiplano Open Access Solution offers a programmable interface to enhance wholesale operational models for broadband wholesalers and neutral hosts. New Nokia Network Wholesale Portal brings self-services subscriber management capabilities to ISPs (Internet Service Provider) with limited staffing and skills.

Nokia enhances wholesale access for Fiber-to-the-Home networks

Nokia (NOK) posted a profit plunge of almost 70% for the latest quarter as customers took out fewer subscriptions amid a challenging economic backdrop and rising interest rates.

Earnings Miss of the Week: Nokia's Profit Plunges Almost 70% Amid Higher Interest Rates

Nokia CorporationStock Exchange Release20 October 2023 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 20.10.2023 Espoo, Finland – On 20 October 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 455,153 3.01 CEUX 10,450 3.01 AQEU 2,162 3.01 TQEX 235 3.01 Total 468,000 3.01 * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia's Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia's Annual General Meeting on 5 April 2022 started on 2 January 2023 and ends at the latest by 21 December 2023 with a maximum aggregate purchase price of EUR 300 million.

Nokia Corporation: Repurchase of own shares on 20.10.2023

Nokia CorporationStock Exchange Release19 October 2023 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 19.10.2023 Espoo, Finland – On 19 October 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 407,431 3.09 CEUX 34,131 3.06 AQEU 2,946 3.12 TQEX 12,492 3.02 Total 457,000 3.09 * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia's Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia's Annual General Meeting on 5 April 2022 started on 2 January 2023 and ends at the latest by 21 December 2023 with a maximum aggregate purchase price of EUR 300 million.

Nokia Corporation: Repurchase of own shares on 19.10.2023

Nokia (NOK) reports lower revenues year over year in the third quarter of fiscal 2023, owing to sluggish demand trends in several verticals.

Nokia's (NOK) Q3 Earnings Miss Estimates, Revenues Fall Y/Y

Finnish-based Nokia said Thursday it was reducing its workforce by up to 14,000 employees to reset its cost base and better navigate market uncertainty.

Nokia to cut up to 14K jobs amid ‘market uncertainty'

Nokia posted a significant drop in net sales in the third quarter. Management is moving to cut costs amid a weakening macroeconomic environment.

Why Nokia Stock Dropped on Thursday

Hundreds of U.S. companies have slashed their workforces this year, including Amazon, Google, Meta and Disney.

2023 Layoff Tracker: Nokia Slashes Up To 14,000 Jobs

Nokia (NYSE: NOK ) stock is in focus on news that the company will eliminate as many as 14,000 jobs, representing up to 16% of its total employees. The firm said that it is making this decision due to the uncertain “timing of the market recovery.

Nokia Layoffs 2023: What to Know About the Latest NOK Job Cuts

Nokia Oyj (NOK) Q3 2023 Earnings Call Transcript

The Finnish telecom giant revealed weak third-quarter demand for 5G equipment, especially in North America. Any hope that fall 2023 wouldn't be a repeat of the layoffs that struck the tech industry over last winter and spring seems to be diminishing by the day.

Tech layoffs continue as Nokia announces plan to cut up to 14,000 jobs

Nokia is to cut up to 14,000 jobs as part of a cost reduction strategy after reporting a drop in quarterly profit. The Espoo, Finland-based telecommunications equipment company said it will lower its cost base on a gross basis by between €800 million and €1.2 billion over a three-year period in order to "address the market environment".

Nokia plans to cut 14,000 jobs as profits spiral

Nokia announces plans to cut up to 14,000 jobs as part of a cost-saving initiative after profit tumbled 69% in the third quarter.

Nokia Has a Plan to Tackle Tough U.S. Market. It Includes Mass Layoffs.

Finnish telecom giant Nokia said Thursday it could cut its workforce by as many as 14,000 people after it reported lower-than-expected third-quarter profits.

News for Nokia Stock (NOK)