Finland

Nokia Corporation’s Annual General Meeting will be held on Tuesday 29 April 2025 at 13:00 (EEST) at Finlandia Hall, Helsinki, Finland. The Board submits the following proposals to the Annual General Meeting. Complete proposals are available as of today at www.nokia.com/agm2025. The notice of the Annual General Meeting with more detailed information on the participation and voting will be published separately during week 7, 2025 on the Company’s website and by a stock exchange release. Authorization of the Board of Directors to decide on the distribution of dividend and assets from the reserve for invested unrestricted equity The Board of Directors proposes to the Annual General Meeting to be authorized to resolve in its discretion on the distribution of an aggregate maximum of EUR 0.14 per share as dividend from the retained earnings and/or as assets from the reserve for invested unrestricted equity. The authorization will be used to distribute dividend and/or assets from the reserve for invested unrestricted equity in four installments during the period of validity of the authorization unless the Board of Directors decides otherwise for a justified reason. The proposed total authorization for asset distribution is in line with the Company’s dividend policy. The authorization would be valid until the opening of the next Annual General Meeting. The Board would make separate resolutions on the amount and timing of each distribution of the dividend and/or assets from the reserve for invested unrestricted equity so that the preliminary record and payment dates will be as set out below. The Company shall make a separate announcement of each such Board resolution. Preliminary record date Preliminary payment date 5 May 2025 12 May 2025 29 July 2025 7 August 2025 28 October 2025 6 November 2025 3 February 2026 12 February 2026 Each installment based on the resolution of the Board of Directors will be paid to a shareholder …

Source: MyPR International

TenneT commissions eight Dutch 2GW grid connection systems representing a pioneering model in delivering offshore wind energy to land. Nokia mission critical optical network technology to support long-distance transmission up to 300 km to connect offshore platforms to TenneT onshore telecommunications infrastructure. Program highlights Europe’s move from fossil fuels to a more secure and green energy supply. 14 January 2025: Espoo, Finland – Nokia has been selected by TenneT, one of Europe’s leading offshore transmission systems operator, to provide the critical optical networking technology for eight new 2-gigawatt (2GW) platforms in the Dutch North Sea to deliver much-needed renewable energy to land. TenneT has commissioned three consortia — Petrofac and Hitachi Energy consortium, GE Vernova-Seatrium consortium and GE Vernova-McDermott consortium — to deliver the 2GW offshore converter platforms and onshore grid land stations. The program is a key component of the European energy transition, as the platforms will bring significant renewable energy volumes from offshore wind farms to the shore, contributing to Europe’s ambitious climate neutrality targets by 2050. The 2GW program represents a pioneering model in energy transmission aimed at creating a more efficient, standardized approach to delivering offshore wind energy. To facilitate the operation of the wind parks behind the 2GW platforms and operate the unmanned platforms, TenneT needs to have a mission critical communication network in place. Nokia’s 1830 PSS DWDM solution will be used to establish a resilient, future ready optical network connecting the offshore sites to TenneT’s onshore telecommunications infrastructure. This network will enable TenneT to monitor and manage these remote platforms, ensuring continuous, reliable energy transmission. As part of this deployment, Nokia will deliver advanced amplification and transponder technologies to support long-distance transmission, …

Source: MyPR International

Nokia and stc Group successfully conducted the MEA region’s first-ever 1Tbps long haul field trial using Nokia's PSE-6s technology and stc Group’s digital expertise. The trial demonstrated exceptional scalability to support the growing demand for bandwidth-intensive applications such as AI, cloud services, and next-generation digital innovations. This achievement promises seamless connectivity and supports Saudi Arabia’s Vision 2030 with future-ready network infrastructure. 8 January 2025: Riyadh, Saudi Arabia – Nokia and stc Group have successfully concluded the first-ever 1Tbps (terabit-per-second) long haul field trial in the Middle East and Africa (MEA) region. Leveraging stc Group’s live Dense Wavelength Division Multiplexing (DWDM) terrestrial network, this innovative trial highlights the unique potential of Nokia’s sixth generation of super-coherent Photonic Service Engine (PSE-6s) technology in delivering high-capacity, efficient, and scalable connectivity for data centers. With the ability to significantly increase the capacity of the digital network, stc Group and Nokia are enabling faster and more efficient data transmission over long distances. With this advanced optical infrastructure, stc Group is well-positioned to meet future market demands and continue its supply of rapid and reliable connectivity while aligning with Saudi Vision 2030’s digital transformation goals. The field trial transported 6 x 100GE and 1 x 400GE high-speed services over 1Tbs single wavelength across 850km, demonstrating the trusted performance and seamless integration of Nokia’s Data Center Interconnect (DCI) DWDM solution into stc Group’s data center environments. Designed to seamlessly fit into the data center with advanced energy efficiency, the solution addresses the dynamic needs of AI/cloud services transport and will offer consumers across the kingdom improved network efficiency and performance. Nokia and stc Group’s collaboration sets a new benchmark …

Source: MyPR International

Nokia has reached the milestone of 7,000 patent families declared as essential to 5G. Patents include key technologies that define how smartphones and other connected devices interact with 5G networks. All devices that connect to a cellular network use Nokia’s patented technology. 7 January 2025: Espoo, Finland – Nokia today announced that it has reached the milestone of 7,000 patent families declared as essential to 5G with more to follow. Nokia’s fundamental inventions in 5G include groundbreaking innovations in 5G radio protocol design, 5G security and interface technologies that define how smartphones, connected cars and other connected devices interact with 5G networks. Patrik Hammarén, Acting President of Nokia Technologies, said: “Nokia’s substantial investment in cellular R&D and standardization continues to pay off. We have now reached the landmark of 7,000 high-quality patent families declared as essential to the 5G standard and Nokia's active pre-standardization work puts us in a leading position for 6G standardization which begins later this year. Thanks to all the Nokia inventors and our patenting professionals for their hard work and problem-solving. Together they continue to help Nokia maintain its technology leadership and drive cellular innovation forward.” Nokia’s industry-leading patent portfolio is built on more than €150 billion invested in R&D and standardization since 2000 and is composed of over 20,000 patent families (each family can comprise several individual patents). Any device that connects to a cellular network uses Nokia’s patented technology and over 250 companies have secured a license to Nokia’s patented technologies. These technologies are the essential building blocks for entire industries, including mobile devices, consumer electronics, connected vehicles, IoT devices and solutions, video streaming and more. Nokia contributes its inventions to open standards in return for the right to license them on …

Source: MyPR International

Nokia announced the sale of ASN on 27 June 2024. The transaction allows Nokia to focus the portfolio of its Network Infrastructure business group while positioning ASN strongly to build on the transformation achieved while part of Nokia Focuses the portfolio of the Network Infrastructure business group. Ensures continued development of a strategic, market-leading French and European business. Nokia will retain a 20% shareholding and board representation until targeted exit to ensure a smooth transition. 3 January 2025: Espoo, Finland – Nokia today announces that it has concluded the sale of Alcatel Submarine Networks (ASN), a leading submarine networks business, to the French State, represented by the Agence des participations de l'Etat. The transaction was completed on 31 December 2024. Nokia retains a 20% shareholding with board representation to ensure a smooth transition until targeted exit, at which point it is planned for the French State to acquire Nokia’s remaining interest. With the sale of ASN, which is a successful, non-core standalone business, Nokia will be able to focus its Network Infrastructure portfolio on growth opportunities in its core markets. Together with the planned acquisition of Infinera – also announced in June 2024 – the divestment demonstrates Nokia’s active management of its business portfolio, one of the company’s six strategic pillars. Beginning with the second quarter 2024, Nokia has accounted for ASN as a discontinued operation. ASN is a French and global submarine communication networks leader, uniquely positioned in turnkey systems. It grew significantly under Nokia’s stewardship and is well positioned to continue benefiting from the growth of the large and attractive subsea cables market. Recognizing the importance of ASN’s heritage, operations and relationships with its key stakeholders, the French State has made clear its full support for ASN’s management and strategy, and has agreed to maintain …

Source: MyPR International

11th December 2024: Espoo, Finland - Nokia today announced the release of the Nokia 5G Banshee Flex Radio, a revolutionary mobile broadband edge network designed to meet the complex communication demands of modern warfare. As part of Nokia’s Tactical Solutions portfolio, this innovative 5G/LTE technology delivers secure, reliable, and agile battlefield communications, enabling scalable technological capabilities and enhancing performance while seamlessly complementing existing communication systems. The Nokia Banshee Flex Radio is designed to empower warfighters with flexible communication solutions, providing secure, private 5G/LTE band agile networking tailored to the tactical needs of teams operating in the field. The complete 3rd Generation Partnership Project (3GPP) network in a box, offers warfighters with advanced edge compute capabilities, mesh networking, band flexibility, operational security, and deployment simplicity. “The Nokia Banshee Flex Radio is a breakthrough in tactical communication solutions, providing Defense agencies with secure, resilient, and flexible networks that are essential in today’s fast-evolving battlefield,” said Giuseppe Targia, head of Microwave & Space and Defense at Nokia. “By integrating cutting-edge commercial technologies, we are delivering a new level of performance and enhanced capabilities to the warfighter tactical edge.” Dave Peterson, Chief Executive Officer and founder at Fenix Group, Inc., added, “The Nokia Banshee Flex Radio offers the operational flexibility and security that modern warfighters demand. It is an essential tool for teams who need to maintain reliable communication, even in the most challenging environments.” The Banshee Flex Radio expands Nokia’s already robust tactical lineup that includes the Banshee 4G Tactical Radio, Banshee 4G Mobile Radio and more. Resources Webpage: Nokia Defense technology and communications Webpage: Nokia Federal Solutions Webpage: Banshee Flex …

Source: MyPR International

The Bell Labs Consulting streamlined solution reduces the time new developments take to reach the market, decreases development costs and increases overall efficiency. stc Group expects this move will transform the network ecosystem, optimizing existing and new services. The addition of generative AI capabilities will support stc’s commitment to driving digital transformation across its operations. 5 December 2024: Espoo, Finland - Bell Labs Consulting and Saudi Arabia’s leading digital enabler, stc Group, announced today the successful trial of a pioneering generative AI solution that will streamline service provision, reduce time to market, lower costs and significantly increase overall efficiency. The provision of services is a critical factor in preparing and equipping network offerings and ensuring the quick delivery of services to customers. Prior to the development of Nokia’s newest generative AI solution, stc Group’s provision of services involved a complex process of configuring several systems and resources in unison for seamless delivery. With the generative AI solution, stc Group’s complex network of multi-technology and multi-vendor systems will be more efficient, saving time, money and resources for customers, businesses and communities. The collaborative "AI for Provisioning Services" project with Bell Labs Consulting means stc Group can minimize the time required to introduce new services across their network offerings, so that stc Group network users can get stronger world-class connectivity faster. Bell Labs Consulting engages with leading global clients to inspire and drive the industry's transformation through the accelerated adoption of future technologies with actionable, client-specific, cutting-edge solutions. The use of generative AI solutions approximately halves the time to market and development costs. This aligns with stc Group’s mission to provide innovative digital products and solutions to improve the lives of its …

Source: MyPR International

Expansion of partnership solutions aimed at enterprise IT data center growth and modernization to support strategic digital transformation initiatives 4 December 2024: Espoo, Finland and New York – Kyndryl, the world’s largest IT infrastructure services provider, and Nokia today announced an expansion of their partnership portfolio to offer advanced data center networking solutions and services to global enterprises. By combining Kyndryl’s enterprise knowledge and experience in designing, building and managing hybrid cloud and data center environments with Nokia’s high-performance, reliable data center networking infrastructure solution with embedded security capabilities, the partners will deliver many benefits to enterprise customers looking to modernize and expand their data center networks. The enterprise data center market is rapidly growing and capital investment in data center networks is forecast to accelerate due to rising demand for cloud networking. Customers also need to store an increasing volume of data, highlighting the urgent need for robust, scalable, and secure data center network solutions. Paul Savill, Global Network and Edge Computing Practice Leader at Kyndryl, said. “As enterprises face increasing workloads due to hybrid IT environments, AI adoption, and high-performance computing, the demand for highly reliable, low-latency, and secure connectivity has never been greater. Our expanded portfolio of solutions with Nokia underscores the critical role that robust data center network infrastructure plays in driving IT modernization. From leveraging AI-driven network automation to extending capabilities at the edge, our comprehensive, end-to-end network services empower enterprises to mitigate future risks, meet regulatory requirements, and accelerate their technology transformation journey." To support the expanded solutions, Kyndryl intends to integrate Nokia’s Event-Driven Automation (EDA) technology — an infrastructure automation …

Source: MyPR International

Espoo, Finland – In this stock exchange release, Nokia provides its 2025 financial calendar, which includes the planned publication dates of its financial reports. Planned publication dates for Nokia's financial reports in 2025: report for Q4 and full year 2024: 30 January 2025 interim report for Q1 2025: 24 April 2025 report for Q2 2025 and half year 2025: 24 July 2025 interim report for Q3 2025 and January-September 2025: 23 October 2025 Publication of “Nokia in 2024” Nokia plans to publish its "Nokia in 2024" annual report, which includes the review by the Board of Directors and the audited annual accounts, during the week starting on 10 March 2025. Nokia’s Annual General Meeting Nokia's Annual General Meeting 2025 is planned to be held on 29 April 2025. About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable, and sustainable networks today – and work with us to create the digital services and applications of the future. Inquiries: Nokia Communications Phone: +358 10 448 4900 Email: press.services@nokia.com Maria Vaismaa, Global Head of External Communications …

Source: MyPR International