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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.

Earnings data Q1 2021

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AT&T

Nokia CorporationStock Exchange Release5 December 2023 at 4:30 EET Nokia comments on AT&T vendor plans Espoo, Finland – Nokia has a wide-ranging relationship with AT&T, supplying products and services across wireless, wireline and other network technologies, alongside similar relationships with other major North American network operators. Nokia is aware of AT&T's plans to commit to an Open RAN deployment in collaboration with other vendors over the next five years.

Nokia comments on AT&T vendor plans

LM Ericsson Telefon

AT&T said on Monday it chose Ericsson to build a telecom network that uses only so-called ORAN technology and which will cover 70% of its wireless traffic in the United States by late 2026, marking a milestone for the new technology.

AT&T chooses Ericsson for new US telecom network, will drop Nokia

The latest trading day saw Nokia (NOK) settling at $3.49, representing a +0.29% change from its previous close.

Nokia (NOK) Advances But Underperforms Market: Key Facts

Nokia CorporationStock Exchange Release 1 December 2023 at 8:00 EET Nokia Corporation Financial Calendar for 2024 Espoo, Finland – In this stock exchange release, Nokia provides its financial calendar for 2024, which includes the planned publication dates of its financial reports. Planned publication dates for Nokia's financial reports in 2024: report for Q4 2023 and full year 2023: 25 January 2024 report for Q1 2024: 18 April 2024 report for Q2 2024 and half-year 2024: 18 July 2024 report for Q3 2024 and January–September 2024: 17 October 2024 Publication of "Nokia in 2023" Nokia plans to publish its "Nokia in 2023" annual report, which includes the review by the Board of Directors and the audited annual accounts, during the week starting on 26 February 2024.

Nokia Corporation Financial Calendar for 2024

Nokia CorporationStock Exchange Release 30 November 2023 at 9:00 EET Nokia cancels repurchased shares  Nokia Corporation has today cancelled 78 301 011 Nokia shares held by the company in line with the decision by the Board of Directors. The shares were repurchased under the second EUR 300 million phase of the EUR 600 million buyback program launched in 2022 during the period between 2 January 2023 and 10 November 2023.

Nokia cancels repurchased shares

Press Release Nokia upgrades Bouygues Telecom's IP network for increased capacity and energy efficiency Nokia's 7750 Service Router (SR) platform powered by its FP5 silicon to be deployed, providing the traffic capacity growth needed for future services required by Bouygues Telecom's growing French customer base. 28 November 2023Espoo, Finland – Nokia expands its long-term relationship with Bouygues Telecom by supplying its market-leading FP5-based IP routers to modernize the operator's IP core network and expand the capacity of its security gateway solutions.

Nokia upgrades Bouygues Telecom's IP network for increased capacity and energy efficiency

Nokia's (NOK) private wireless network will drive efficiency in the energy sector. It will offer seamless voice and data services to ensure robust connectivity between offshore and onshore facilities.

Nokia (NOK) Solution Boosts Connectivity in MEA Energy Sector

Press release  Nokia deploys AVA Energy Efficiency for Safaricom Kenya to drive network energy savings Nokia AVA for Energy Efficiency uses artificial intelligence and machine learning to reduce energy consumption across the network while maintaining network performance 27 November 2023 Espoo, Finland – Nokia today announced that it has deployed its AVA Energy Efficiency software for Safaricom Kenya to help the operator achieve lower power consumption and costs over its 5G, 4G, and 3G networks. The rollout, covering approximately 30,000 5G, 4G, and 3G cells, is expected to lead to planned network energy cost savings of 8-10%, and follows the recent successful completion of a pilot program with Safaricom Kenya.

Nokia deploys AVA Energy Efficiency for Safaricom Kenya to drive network energy savings

Nokia (NOK) developed environment friendly packaging solutions. Its lightweight and compact feature will likely optimize product shipments and reduce CO2 emissions from transportation.

Nokia (NOK) Introduces its Eco-Friendly Packaging Solution

Press Release Nokia supercharges AI with Ultra Ethernet Nokia working with Ultra Ethernet Consortium to develop an open networking standard to address demanding networking requirements of high-performance computing (HPC) and Artificial Intelligence (AI) workloads Nokia leadership in Ethernet networking and standards development to help to shape Ultra Ethernet as highly compatible, low cost and interoperable part of AI and HPC application stacks 21 November 2023 Espoo, Finland – Nokia today announced its support for the Ultra Ethernet Consortium (UEC), a group that brings together companies for industry-wide cooperation to develop Ethernet specifications and software APIs that empower AI and HPC environments. Nokia will bring its technology leadership in building super scalable, low latency deterministic networks for data centers and data center interconnect to the definition of the Ultra Ethernet standard being developed by the UEC.

Nokia supercharges AI with Ultra Ethernet

Press Release Nokia moves to 100% recyclable packaging for its Fixed Networks Lightspan portfolio Move reduces packaging waste for its broadband access products New packaging is 60% smaller, 44% lighter, reducing CO2 emissions by up to 60% Nokia's commitment to sustainability supports Deutsche Telekom's circularity goals for its supply chain 21 November, 2023 Espoo, Finland – Nokia today announced that it is moving to 100% recyclable packaging for its entire Lightspan portfolio of broadband access nodes by the end of 2023. This builds on Nokia's commitment to implement more sustainable, environmentally friendly packaging.

Nokia moves to 100% recyclable packaging for its Fixed Networks Lightspan portfolio

The improved software from Nokia (NOK) will enable Globe Telecom to enforce the shutdown of idle and unused equipment automatically through specified algorithms.

Nokia (NOK) Solution to Trim Philippines Network Power Usage

Press Release Nokia deploys energy-efficient multi-supplier O-RAN 5G network with NTT DOCOMO Nokia's high-performance Open RAN compliant AirScale portfolio deployed in NTT DOCOMO's commercial multi-vendor network; Integrated with third-party Radio suppliers  Nokia's energy-efficient AirScale portfolio to support NTT DOCOMO's sustainability objectives Successful deployment highlights the maturity and performance of Nokia's O-RAN CU/DU; Confirms Nokia's industry leadership through its anyRAN approach which offers mobile operators more choice in building 5G networks   Both companies committed to building open and interoperable networks 20 November 2023 Espoo, Finland – Nokia today announced that Japanese mobile operator, NTT DOCOMO (DOCOMO) is deploying Nokia's Open RAN (O-RAN) compliant 5G AirScale baseband solution including Centralized Unit (CU) and Distributed Unit (DU) software in its commercial network nationwide. Nokia's high-capacity, high-performance solution enables DOCOMO to pursue a multi-supplier strategy, giving them the option to connect with Open Radio Units (RU) delivered by other suppliers.

Nokia deploys energy-efficient multi-supplier O-RAN 5G network with NTT DOCOMO

Press release  Nokia AVA Energy Efficiency in SaaS model selected by Globe Telecom Philippines to cut network power use Nokia AVA for Energy Efficiency SaaS uses artificial intelligence and machine learning to reduce energy consumption across the network while maintaining network performance Deal expands existing strategic partnership between the two companies  20 November 2023 Espoo, Finland – Nokia today announced that its AVA Energy Efficiency software, to be delivered in a SaaS delivery model, has been selected by Globe Telecom to help the Philippine communication service provider drive lower network power consumption and costs.  Nokia AVA for Energy SaaS, using artificial intelligence and machine learning algorithms, will enable Globe to shut idle and unused equipment automatically during low usage periods.

Nokia AVA Energy Efficiency in SaaS model selected by Globe Telecom Philippines to cut network power use

Swisscom leverages Nokia's (NOK) industry-leading optical networking portfolio, along with wavesuite applications, to upgrade network infrastructure across Switzerland.

Nokia (NOK) Solution to Aid Digitalization in Switzerland

Swisscom AG

Press Release Swisscom and Nokia begin service migration to new high-capacity optical transport network Nokia single supplier for Swisscom's nationwide optical transport project NEWTON Swisscom's new optical network supports client services from 1G to 400G with massive scale, resiliency and performance at reduced total cost of ownership 16 November 2023 Espoo, Finland – Swisscom and Nokia today announced the successful completion of Swisscom's nationwide Next Evolution Wavelength Transport Optical Network (NEWTON) and the official start of service migration to the modernized network. Facing high traffic growth and digital transformation, the Nokia optical networking solution equips Switzerland's largest telecom provider with a service-centric network optimized for high performance, cost efficiency and superior customer experience.

Swisscom and Nokia begin service migration to new high-capacity optical transport network

Press Release Nokia partners with Mavenir to prove Open RAN system performance  Interoperability testing has been successfully completed between Nokia Baseband (DU/CU) and Mavenir Radio Unit (O-RU) using the O-RAN Alliance 7-2x fronthaul interface Testing was completed at Nokia's Open RAN Innovation Center in Dallas, Texas Nokia has now integrated four Radio (O-RU) suppliers highlighting the openness and industry-leading performance of Nokia's AirScale O-RAN DU/CU This step reaffirms Nokia's tangible commitment to Open RAN through its anyRAN approach, which offers mobile operators more choices in building 5G networks   15 November 2023 Espoo, Finland – Nokia today announced that they have successfully completed interoperability testing with a Mavenir radio using the O-RAN Alliance 7-2x interface at Nokia's Open RAN Innovation Center in Dallas, Texas. During the trial, both companies validated the interoperability of Mavenir's CBRS Radio Unit and Nokia AirScale Baseband supporting the O-RAN compliant 7.2x interface.

Nokia partners with Mavenir to prove Open RAN system performance

Nokia CorporationStock Exchange Release10 November 2023 at 22:15 EET Nokia completes the share buyback program launched in 2022

Nokia completes the share buyback program launched in 2022

STOCK EXCHANGE RELEASE               10 November 2023                           Nokia CorporationStock Exchange Release               10 November 2023 at 22:00               Nokia Corporation: Repurchase of own shares on 10.11.2023                                                           Espoo, Finland – On 10 Nov 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 6,599 3.25         CEUX 19,662 3.25         TQEX 23,402 3.26         XHEL 373,525 3.25         Total 423,188 3.25         * 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 10.11.2023

STOCK EXCHANGE RELEASE               09 November 2023                           Nokia CorporationStock Exchange Release               09 November 2023 at 21:00               Nokia Corporation: Repurchase of own shares on 09.11.2023                                                           Espoo, Finland – On 09 Nov 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 14,262 3.28         CEUX 69,358 3.27         TQEX 20,730 3.27         XHEL 325,650 3.27         Total 430,000 3.27         * 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 09.11.2023

STOCK EXCHANGE RELEASE               08 November 2023                           Nokia CorporationStock Exchange Release               08 November 2023 at 21:00               Nokia Corporation: Repurchase of own shares on 08.11.2023                                                           Espoo, Finland – On 08 Nov 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 13,161 3.26         CEUX 66,304 3.25         TQEX 19,250 3.25         XHEL 327,285 3.25         Total 426,000 3.25         * 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 08.11.2023

Press Release Nokia Bell Labs and Aramco announce R&D collaboration to support priority industries Collaboration is expected to develop advanced Industry 4.0/4IR digital use cases and validate proof of concept solutions for various industrial sectors Solutions aim to accelerate digital transformation of industries globally and within the Kingdom, the Middle East, and North Africa (MENA) region 08 November 2023Espoo, Finland – Nokia's research arm, Nokia Bell Labs and Aramco, the world's largest energy company, have signed a non-binding R&D collaboration agreement to support Industry 4.0/4IR digital use-case creation and proof of concept development for priority industrial sectors in the Kingdom of Saudi Arabia and beyond. Building on the vision of the recently launched Aramco Digital Company, this Memorandum of Understanding (MoU) is envisioned to accelerate digital transformation within the Kingdom, the Middle East, and North Africa (MENA) region and globally.

Nokia Bell Labs and Aramco announce R&D collaboration to support priority industries

STOCK EXCHANGE RELEASE               07 November 2023                           Nokia CorporationStock Exchange Release               07 November 2023 at 21:00               Nokia Corporation: Repurchase of own shares on 07.11.2023                                                           Espoo, Finland – On 07 Nov 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 7,009 3.23         CEUX 59,116 3.23         TQEX 23,766 3.23         XHEL 345,109 3.23         Total 435,000 3.23         * 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 07.11.2023

STOCK EXCHANGE RELEASE               06 November 2023                           Nokia CorporationStock Exchange Release               06 November 2023 at 21:00               Nokia Corporation: Repurchase of own shares on 06.11.2023                                                           Espoo, Finland – On 06 Nov 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 17,067 3.22         CEUX 34,981 3.22         TQEX 21,663 3.23         XHEL 361,289 3.23         Total 435,000 3.23         * 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 06.11.2023

STOCK EXCHANGE RELEASE               03 November 2023                           Nokia CorporationStock Exchange Release               03 November 2023 at 21:00               Nokia Corporation: Repurchase of own shares on 03.11.2023                                                           Espoo, Finland – On 03 Nov 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 5,983 3.21         CEUX 57,509 3.21         TQEX 8,156 3.21         XHEL 371,352 3.21         Total 443,000 3.21         * 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.

News for Nokia Stock (NOK)