Finland

Highlights du’s technological leadership and commitment to the UAE’s ambitious digital transformation agenda. Nokia’s anyRAN approach offers customers more flexibility, openness, security, and choice in their selection of cloud infrastructure. The solutions are powered by Red Hat OpenShift. 6 December 2024: Espoo, Finland – Nokia and du, a leading telecom and digital services provider, today announced that they have deployed the first commercial 5G Cloud RAN solution in the Middle East and Africa region. The partnership highlights du’s hybrid RAN strategy that leverages both purpose-built and cloud-native infrastructures for greater flexibility and scalability. The deployment supports the UAE’s evolving digital requirements as well as advanced use cases, including AI, machine learning, and industry-specific applications in manufacturing, energy, and logistics. The commercial 5G Cloud RAN site deployed in Abu Dhabi based on Nokia's flexible anyRAN approach included Nokia’s virtualized Distributed Units (vDU) and Centralized Units (vCU) running on Dell PowerEdge XR8620 servers, and Red Hat OpenShift, the industry's leading hybrid cloud application platform powered by Kubernetes, to support cloud-native RAN functions across the network. By integrating with Red Hat OpenShift, service providers such as du have the option to better scale their 5G network footprint and quickly introduce new services. They also utilized Nokia’s AirScale Massive MIMO Radios operating in the 3.6 GHz (n78) spectrum frequency, using 5G Standalone architecture. Nokia’s commercial Cloud RAN solution can co-exist with purpose-built networks in hybrid environments and evolve to full cloud-native networks, supporting the rising demand for RAN cloudification. Common Nokia RAN software ensures feature and performance consistency of Cloud RAN and purpose-built RAN across the entire commercial footprint. This milestone provides further evidence of Nokia's flexible anyRAN approach being …

New Nokia product delivers 360-degree immersive multimedia streaming in demanding environments. New camera provides 8K streaming of low-latency high-resolution 360° video coupled with spatial audio over 5G, Wi-Fi, and Ethernet connectivity, reducing the need for multiple cameras across industrial sites. Coupled with the leading Nokia Real-time eXtended Reality Multimedia (RXRM) software solution, the camera now completes a full end-to-end solution for customers. 10 December 2024: Espoo, Finland – Nokia announced today that it is launching the world’s first 5G-enabled 360° camera for industrial usage. The camera is designed for harsh industrial conditions and comes with cyber-secure software and built-in security hardware. The camera is the result of long-term extensive Nokia multimedia research and contains many of Nokia’s ground-breaking innovations. Waterproof (IP67) and shock-resistant, the camera provides 8K streaming with low-latency high-resolution 360° video coupled with spatial audio over 5G, Wi-Fi, and Ethernet, enabling versatile usage scenarios and minimizing the need for extensive use of traditional cameras at industrial sites and entertainment events. The Nokia 360 Camera (WiFi variant) provides a cost efficient solution with full benefits of 8K 360° multimedia streaming, and the Nokia 5G 360 Camera – Extreme Temperature variant enables product deployment in extreme temperatures. The ability to transmit video and audio over private and public wireless networks enables real-time remote-control usage, enabling customers to reduce the risk of accidents and increasing reliability and operational efficiency. Coupled with the leading Nokia Real-time eXtended Reality Multimedia (RXRM) software solution, the camera completes a full end-to-end solution for customers seeking real-time remote use cases such as situational awareness, remote monitoring, remote inspection or teleoperation of industrial equipment. Nokia RXRM provides extensive …

New agreement sees companies extend long-term partnership for deploying mobile networks in France and Italy which began in 2010. Deal supports iIiad Group’s mobile network and core solutions in France and Italy. 10th December 2024: Espoo, Finland – Nokia today announced that it has signed a new multi-year contract extension with iIiad Group (iIiad) to support the operator’s 3G, 4G, and 5G mobile networks across France and Italy. The deal, which also includes the operator’s footprint on the French Caribbean and Indian Ocean Islands, will see the continuation of both companies' long-standing strategic partnership which began in 2010. Under the deal, Nokia will supply solutions from its market-leading, energy-efficient AirScale portfolio including baseband, Massive MIMO radios, Remote Radio Head products and Core solutions. Nokia’s cloud-native 4G/5G Core and IMS Voice Core will enable iliad to quickly and securely deploy new network services without limitations in multi-cloud environments at scale. Thomas Reynaud, Chief Executive Officer at iliad Group, said: “We strive to give our customers the best possible connectivity experiences across all our markets and territories. Our 14-year partnership with Nokia has been fundamental to building our mobile networks.” Pekka Lundmark, President and CEO of Nokia, said: “This multi-year contract extension is a great step in Nokia’s long-term strategic partnership with iliad Group, one of the largest telecom operators in Europe. It is built on strong foundations and a shared commitment to build high-performing, sustainable networks. We have been with iIiad Group every step of the way since 2010 and look forward to continuing this journey with them into the future.” Resources: Webpage: Nokia 5G Webpage: AirScale Radio Access Webpage: Nokia partners with IIiad Group to roll out 5G in France and Italy Webpage: Nokia 5G Core About Nokia At Nokia, we create technology that helps the world act …

Nokia uniquely brings together open-source software support with advanced hardware and leading-edge automation - enabling new generation of modern data center networks SONiC market for data center switching expected to exceed $9B by 2028 - driven by demand for traditional IT and emerging AI workloads Nokia’s expanded data center switching portfolio now offers unmatched flexibility through support for both SONiC-based open networking, and Nokia’s in-house designed and industry-proven SR Linux network operating system 10 December 2024: Espoo, Finland — Nokia today announced it is enhancing its next-generation data center fabric solution with support for Community Software for Open Networking in the Cloud (SONiC). By bringing together open-source software with advanced hardware and leading-edge automation, Nokia is creating a new alternative for modern, efficient, and highly reliable data center networks. Nokia, a strong proponent of open-source solutions, is a long-time contributor to the SONiC community, which was originally established by Microsoft and the Open Compute Project and is now governed by the Linux Foundation. According to research by the 650 Group, the market for SONiC-enabled data center switching is projected to surpass $9 billion by 2028, driven by the increase in data center investment to meet the exploding demand for traditional IT and emerging AI workloads. Until now, the choice to move forward with SONiC would typically mean selecting open-source hardware with limited fabric management and automation options. Nokia's expanded portfolio brings Community SONiC to its data center switching platforms with access to Nokia’s expert SONiC development and support organization. In addition, enterprises and cloud providers benefit from access to a broader range of advanced data center hardware platforms engineered for reliability, power efficiency and longevity. Customers will also benefit from Nokia's recently introduced Event Driven …

Strengthens Nokia’s network API product development and go-to-market efforts. Builds on Nokia’s strategy of leading and expanding the network API ecosystem to utilize 5G and 4G network capabilities and monetize network assets. Enables operators to integrate their networks with Rapid’s industry-leading API Hub technology and collaborate with Rapid’s large developer base. 13 November 2024: Espoo, Finland — Nokia today announced that it has acquired Rapid’s technology assets, including the world’s largest API hub used by thousands of active developers globally, and its highly skilled research and development unit. This deal builds on Nokia’s strategy of expanding its network API product roadmap and leading the API ecosystem of operators, systems integrators, independent software vendors, and hyperscalers to utilize 5G and 4G network capabilities and monetize network assets Following massive investments in 5G, operators are using network APIs to monetize their network assets and core capabilities by exposing their network functions in a standardized way to developers so they can build and sell new consumer, enterprise, and industrial applications. The integration of Rapid’s industry-leading API technology with Nokia’s Network as Code platform with developer portal will enable operators to seamlessly integrate their networks, actively control API usage and exposure, enhance API lifecycle management, and collaborate with Rapid’s global developer base on its public API marketplace. Since launching the Network as Code platform in September 2023, Nokia has gained significant momentum with 27 partners globally, including BT, DISH, Google Cloud, Infobip, Orange, Telefonica, and Telecom Argentina. Raghav Sahgal, President of Cloud and Network Services at Noka, said: “Operators need a bridge to connect to thousands of developers to drive enterprise and consumer value creation and monetize their networks. Rapid’s technology and talented R&D team, together …

New capacity-reach record for unrepeated transmission of 800Gbps over 330km with Nokia’s PSE-6s on Islalink’s IONIAN network, enhancing connectivity between Italy and Greece. High performance and 60% less network power consumption per bit provides crucial services for data center interconnections. 13 November 2024: Espoo, Finland – Nokia and Islalink have achieved a significant milestone by successfully testing Nokia's sixth-generation Photonic Service Engine (PSE-6s) over an unrepeated 330km submarine cable connecting Crotone, Italy, with Preveza, Greece. field trial represents a new capacity-reach record for 800Gbps transmission over the IONIAN cable system, showcasing the capacity and performance of Nokia's PSE-6s technology. The IONIAN network, launched by Islalink, is a high-capacity submarine system that provides a reliable, future-proof fiber route between Italy and Greece. It connects the two countries through the submarine link and two terrestrial rings, where band C+L is used (9,6 THz), that connect and give redundancy to the main cities in Italy (Milano and Rome) and in Greece (Athens and Thessaloniki). In addition, 1Tbps has been successfully tested in both terrestrial routes of Greece: the south route (452 km), Preveza-Athens, and the north route (975 km), Preveza-Thessaloniki-Athens. Nokia’s PSE-6s not only enhances network performance but also delivers a 60% reduction in network power consumption per bit, contributing to more sustainable operations. This technology is crucial in supporting data center to data center connectivity, for global tech leaders and other high-demand users. Esther Garcés, CEO of Islalink, said: “This successful trial proves that the IONIAN network, powered by Nokia's PSE-6s, is ready to support the next generation of high-speed digital services. Our customers, including tech giants, will benefit from unprecedented capacity, reliability, and efficiency, further enhancing Islalink’s positioning as a key player …

Espoo, Finland – The Annual General Meeting (AGM) of Nokia Corporation took place today 3 April 2024 in Helsinki, Finland. Approximately 78 000 shareholders representing approximately 3 305 million shares and votes were represented at the meeting. The AGM approved all the proposals of the Board of Directors to the AGM. The AGM adopted the Company’s financial statements, discharged the members of the Board and the President and Chief Executive Officer from liability for the financial year 2023 and adopted the Company’s Remuneration Report and supported the Remuneration Policy through advisory votes. In addition, the AGM adopted the following resolutions. Authorization to the Board to decide on the asset distribution The AGM decided that no dividend is distributed by a resolution of the Annual General Meeting and authorized the Board to resolve on the distribution of an aggregate maximum of EUR 0.13 per share as dividend from the retained earnings and/or as assets from the reserve for invested unrestricted equity. The authorization is valid until the opening of the next Annual General Meeting. The Board will resolve separately 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 confirming the relevant record and payment dates. Preliminary record date | Preliminary payment date 23 April 2024 | 3 May 2024 23 July 2024 | 1 August 2024 22 October 2024 | 31 October 2024 4 February 2025 | 13 February 2025 Each installment based on the resolution of the Board of Directors will be paid to a shareholder registered in the Company’s shareholders’ register maintained by Euroclear Finland Ltd. on the record date of the payment. Composition of the Board of Directors, Board committees The AGM resolved to elect ten members to …

Memorandum of understanding covers the utilization of Nokia’s Network as Code platform and developer portal with BT Group’s cloud-native network. 11 December 2023, Espoo, Finland – Nokia and BT Group today announced an agreement to develop new 5G network monetization opportunities through Nokia’s Network as Code platform with developer portal (platform) and BT Group’s cloud-native network. BT Group, which operates EE – the UK’s best mobile network1 – is, like other communications service providers, looking to Nokia’s growing ecosystem of developer partners to gain access to simplified network capabilities in the form of software code that can be built into applications for enterprise, industrial, and consumer use cases. The Nokia platform helps operators monetize their 5G network assets beyond pure connectivity. It provides application developers with tools such as Software Development Kits (SDK) and open Application Programming Interfaces (APIs), which give developers access to deep network functionality and data that enables them to build new use cases for their customers. Through their agreement, Nokia and BT Group will make those tools available to developers so they can utilize BT Group’s network features, write new use cases, and create new value for EE customers. Nokia has announced a similar agreement with DISH Wireless. The platform was launched in September following many months of close collaboration with developers and operators. It is based on a revenue share model between developers, operators, and Nokia as the platform provider. Shkumbin Hamiti, Head of Network Monetization Platform, Cloud and Network Services, at Nokia, said: "I am very pleased that Nokia and BT Group are strengthening our long-standing partnership through Nokia’s Network as Code platform. Through its strong API Developer portal work, BT Group has been an important driver of helping the industry understand the multiple benefits of opening telecom networks to …

Nokia will work closely with Orange to further develop circular economy approaches in network equipment, including setting up a new repair center in Egypt, which will extend the lifetime of its products and drive more sustainable and efficient networks. The project forms part of the UNIDO-run Switch to Circular Economy Value Chains (SWITCH2CE) initiative, which aims to support corporates to accelerate their circularity efforts, including with their partners in developing countries. Nokia’s support of the initiative is part of its broader investment in and commitment to circularity with practices in place such as product takeback, refurbishing, and supporting customers in the use of certified recyclers. 29 November 2023 - Espoo, Finland – Nokia today announced that it is joining Orange in an initiative in Egypt under the UNIDO-run Switch to Circular Economy Value Chains initiative, co-funded by the European Union and the Government of Finland. Egypt has set ambitious targets to improve waste management systems, including for e-waste, listed in Egypt Vision 2030. These involve increasing the overall waste collection coverage and efficiency, with an objective of 80% and 90%, respectively, by 2030. The plans also include increasing the recycling rate to 25% by the year 2030, as well as ensuring 100% safe disposal of hazardous waste. The initiative will encourage the adoption of circular economy practices in Egypt by engaging citizens and advocating behavioral change towards recycling and circularity. Through formalized e-waste collection and increased lifespan of products, this is expected to have positive impacts on the environment and therefore lead to carbon footprint reduction. Local technicians will be recruited and trained, vocational certification training programs will be introduced, and new practices that promote circular transitions in the electronics sector will be implemented, including where possible with the informal sector. The new center …

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. The cancellation of the treasury shares was registered with the Finnish Trade Register on 30 November 2023. The cancellation of the shares does not affect the company’s share capital nor total equity. After the cancellation, the total number of shares and votes in Nokia Corporation is 5 613 496 565. After the cancellation, Nokia Corporation holds 76 437 051 treasury shares. 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. 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. CLICK HERE to submit your press release to MyPR.co.za International/. Nokia cancels repurchased shares Submission Details Author: Kaisa Antikainen from Nokia Corporation. More Info link: Images: For a high res version of THIS image please contact Nokia Corporation Facebook: Twitter: Submitted by: …