Finland

Nokia’s first comprehensive XGS-PON solution in Finland 95 percent smaller carbon footprint compared to traditional point-to-point solutions 14 April 2023: Espoo, Finland – Nokia today announced it is deploying a 10G broadband network for operator Valoo in Finland. The deal includes fiber access nodes for the central office and Nokia’s Altiplano broadband access controller, which includes software defined access networking (SDAN) capabilities. The new network will connect 200,000 homes in and around 30 cities by the end of 2026. With Nokia’s Quillion chipset at the heart of the solution, the XGS-PON deployment is ready for 25G PON when Valoo wants to add more capacity. Quillion also means lower emissions. Tommi Linna, Chief Executive Officer (CEO) at Valoo, said: “With Nokia’s advanced Lightspan multi-gig fiber broadband solution we can provide our customers the best possible technology there is in the fiber world. The solution enables us to deliver network connection to multiple customers using the same fiber and accelerate internet connections up to 20 gigabit and beyond. With Nokia’s new Altiplano controller we can bring advanced open access network solution to Finnish market. “And last but not least: Nokia’s multi-gig fiber has a 95 percent smaller carbon footprint thanks to its energy efficiency gains compared to traditional point-to-point solutions. I couldn’t be more proud that we are the first fiber company in Finland executing Nokia’s multi-gig fiber to customers – starting this spring.” Valoo (Adola Oy) is 100 percent owned by DIF Capital Partners, an independent infrastructure equity fund controlling more than €15 billion of investments globally. Valoo focuses on fiber broadband access and is undergoing large scale fiber developments in the Finnish market. In February this year the company announced that as well as building fiber networks it will offer internet service subscriptions itself and make its network available to third party …

Four new digital enablers expand OT edge applications offered on Nokia MX Industrial Edge. Industrial IoT platforms connect, collect and analyze data from disparate sources –including video cameras – unlocking its value. New security function protects from advanced threats in OT environment, improves security, which is essential for data exchange.   13 April 2023: Espoo, Finland – Nokia today launched four third-party applications for MX Industrial Edge (MXIE), which help enterprises connect, collect and analyze data from operational technology (OT) assets on a robust and secure on-premises edge. Asset-heavy industries can accelerate their digital transformation and benefit most from Nokia’s OT edge ecosystem-neutral approach, which taps into innovation from many top digitalization enablers. The new applications also leverage the GPU capability recently announced on Nokia MXIE, a powerful on-premises OT edge solution that helps process data closest to the source in real time while retaining data sovereignty. As enterprises move to digitalize operations they face some significant challenges. These include the collection, integration and analysis of all types of data – including video – from disparate systems, sensors and data silos, and having the certainty that sensitive data is protected once shared with other cloud ecosystems. With highly reliable 4.9G/5G private wireless connectivity and the low latency processing power of Nokia MXIE, these industry-leading applications help enterprises overcome these challenges making enterprise data usable, actionable and secure. As a result, many transformative use cases can be created, spanning early alerts and anomaly detection, condition monitoring, preventive and predictive maintenance, digital twins and more – all of which help improve operations and increase return on investment. Additions to the Nokia Industrial Application Catalog include: Atos Computer Vision - Quality Inspector: Part of the Eviden …

Upgrade to further reduce electricity consumption of network assets, including data centers 27 March 2023: Espoo, Finland – Nokia today announced an upgrade to its AVA Energy efficiency software, expanding the scope of the solution with enhanced algorithms and power saving measures, that will help communication service providers (CSPs) drive further reductions in electricity consumption in their networks. Using improved Machine Learning algorithms, the enhanced Nokia AVA Energy efficiency tool now enables CSPs to lower power consumption in their data centers, in addition to network base stations, batteries, and air conditioning units in telco networks. As a multi-vendor software tool, Nokia AVA Energy efficiency software can help realize reduced power usage of up to 30%, up about 10 percentage points relative to the original software, based on customer testing. The enhanced tool allows operators to shutdown idling and unused equipment automatically through the algorithms, with the option to completely disconnect hardware through remote power control modules. Nokia, using its AVA Energy efficiency software, has more than 50 completed or active energy saving projects with CSPs around the world, as companies look to lower overall energy costs while addressing environmental sustainability issues in their operations. CSPs spend between 3% and 20% of their total revenue on energy costs, according to Analysys Mason’s recently published report, “Taming increased energy usage: the key role of AI-based energy efficiency solutions”.   Michela Venturelli, Senior Analyst, at Analysys Mason, said: “Efficient energy consumption is an increasingly important aspect of network operations. CSPs recognize it as being a strategic imperative for their business and they want tools that will meaningfully help meeting increased network customer demands while lowering energy consumption. This latest Nokia AVA Energy efficiency solution is a solid contribution to …

Nokia’s People & Planet 2022 report states that digitalization can play a critical role in decarbonizing industry and helping society mitigate and adapt to climate change. Nokia delivers solutions with its customers that help restore productivity growth and provide more inclusive access to opportunity. The progress made in 2022 provides a solid foundation as Nokia aims to develop ESG into a competitive advantage. 22 March 2023: Espoo, Finland – Nokia today announced its 2022 sustainability report outlining its performance relating to the company’s Environmental, Social and Governance (ESG) strategy. The ESG strategy consists of the five following strategic focus areas: Environment, Industrial Digitalization, Security & Privacy, Bridging the Digital Divide, and Responsible Business. Nokia’s ESG strategy aims to maximize impact in the areas most material to the company and its stakeholders and is integral to the technology and business decisions it takes. Melissa Schoeb, Chief Corporate Affairs Officer at Nokia, said: “At Nokia, we believe that there can be no green without digital.​​​​ Our objective is to develop ESG into a competitive advantage by leveraging our technology and portfolio strengths to maximize our positive impact on industries, society and the environment. We believe that digitalization and enhanced connectivity will be crucial in the response to climate change through more efficient use and re-use of the world’s resources; to the digital divide through more inclusive access globally to work, healthcare, education and public services; and to stalling productivity by bringing asset-intensive physical industries into the digital future.” Nokia’s sustainability achievements in 2022 included: Environment Surpassed annual target for renewable energy across global facilities of 60%, reaching 63% of purchased electricity and well on the way to the goal of 100% renewable electricity by 2025. Final assembly suppliers achieved a …

Nokia is one of two honorees in the telecommunications industry. 135 honorees were recognized spanning 19 countries and 46 industries. 13 March 2023: Espoo, Finland – Nokia today announced it has been chosen as one of the “World’s Most Ethical Companies®” by Ethisphere. In 2023, 135 honorees were recognized spanning 19 countries and 46 industries. Nokia is one of two winners in the telecommunications industry and the only Finnish company to be honored. This award distinguishes Nokia for its strong business ethics, governance and sustainability practices. Esa Niinimäki, Chief Legal Officer of Nokia, said: “As part of our renewed company strategy, we want to be the trusted provider of choice in our industry and draw on our ESG approach as a competitive advantage for Nokia. This award recognizes the commitment of our leaders, employees and partners to operating with the highest standards of business ethics.” In 2022, Nokia announced an enhanced ESG strategy that has been designed to maximize Nokia’s impact where its technology, solutions and capabilities combine to address some of the biggest global challenges and create value. Among the five key pillars of the ESG strategy is Nokia’s commitment to continue to take a proactive and values-driven approach in driving responsible business practices internally and in its value chain, working closely with customers and suppliers to engage on systemic issues related to environment, mitigating the misuse of technology (for example, in responsible use of AI), ethics, human rights, and working conditions. Erica Salmon Byrne, CEO of Ethisphere, said: “Ethics matters. Organizations that commit to business integrity through robust programs and practices not only elevate standards and expectations for all, but also have better long-term performance. We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to making real impact for their stakeholders and displaying exemplary …

Espoo, Finland – Nokia has today filed its Annual Report on Form 20-F for 2022 with the U.S. Securities and Exchange Commission. Nokia has also published its Nokia in 2022 Annual Report, which includes audited financial statements, the annual review by the Board of Directors, Nokia’s corporate governance statement and the Remuneration Report for the governing bodies for 2022. Additionally, Nokia updated its capital management policy with a focus on sustaining investment grade rating and improving shareholder returns consistent with the performance of the business. Nokia now targets to maintain a net cash position in the range of 10-15% of net sales. Updated capital management policy In today’s publication of Nokia’s Annual Report, the company is announcing an evolution in the company’s cash management policy. In recent years, Nokia has operated with a cash policy to enable it to rebuild the company’s cash position through strong free cash flow generation in 2020 and 2021 and then reinstate shareholder distributions through both a dividend and a share buyback program. Investment in research and development (R&D) has been reinforced to strengthen technology leadership and has delivered improved product competitiveness and put the company on a path to deliver sustainable and profitable growth. These improvements have also now recently been recognised by credit ratings agencies and seen Nokia return to investment grade rating at S&P Global (which upgraded Nokia on 8 February 2023) having already been investment grade rated at Fitch (since 2018). Nokia’s previous target in terms of cash management was to maintain a gross cash position equivalent to at least 30% of net sales. Going forward Nokia will target to maintain a net cash position in the range of 10-15% of net sales. Nokia intends to maintain a net cash position around this level to ensure it can continue to invest in the necessary R&D to maintain and further improve its technology leadership, fund working …

28 February 2023: Espoo, Finland – Nokia has today launched the Beacon 10, its first gateway supporting Wi-Fi 6E to provide seamless, high-capacity mesh networking. The Beacon 10 is a true tri-band device which can provide Wi-Fi throughput of 10Gbps. It includes a 10G WAN interface to pair with 10 Gb/second fiber modems for multi-gigabit services to the home. The new gateway is shown for the first time at Mobile World Congress, Barcelona. Widespread roll-out of 10G fiber powered by XGS-PON requires upgrades to home and business Wi-Fi to deliver super high speeds to enabled devices. The ‘E’ in Wi-Fi 6E means faster speeds and lower latencies, ideal for the latest office applications, home entertainment and home working experiences. Additionally announced at the show, Nokia has upgraded its Nokia WiFi Cloud Controller to act as a User Services Platform (USP) controller. USP is the industry standard protocol (also known as TR-369) to manage services and configurations in network devices (either remotely by a cloud application or locally by a mobile app). Nokia’s USP agent in the Beacon 10 is based on the open-source OB-USPA so it can be managed by any USP controller, including the Nokia WiFi Cloud Controller. Nokia’s presentation at MWC also highlights its newly developed, all-in-one console for Wi-Fi management and optimization. The console will be available to customer care operators, network administrators, onsite technicians and level 3 support staff to provide advanced WiFi optimization, troubleshooting and management. Nokia has established a complete eco-system of app developers to ensure CSPs can offer the value-add services they need to their customers on their Wi-Fi units. The Beacon 10 supports the latest, fully integrated cybersecurity application from F-Secure which is delivered as a containerized application. Dirk Verhaegen, VP Broadband Devices, Nokia, said: “We are proud to introduce Nokia’s first Wi-Fi 6E product for premium, …

Nokia launches anyRAN, a revolutionary approach to helping mobile operators and enterprises choose purpose-built, hybrid, or Cloud RAN solutions regardless of business model. Nokia deepens partnerships with cloud and data center infrastructure leaders offering end customer flexibility and choice in selecting Cloud RAN solutions. Nokia’s Cloud RAN Smart Network Interface Card (NIC) with in-Line Layer 1 acceleration ensures performance parity across purpose-built, hybrid, or cloud networks. 26 February 2023: Espoo, Finland – Nokia today announced that it has signed go-to-market agreements with the world’s leading cloud infrastructure and server providers giving mobile network operators and enterprises flexibility in their choice of hardware, cloud infrastructure, and data center solutions for running Cloud RAN. To support this Nokia has also announced the launch of anyRAN, a new concept to help mobile operators and enterprises extend their options for building and evolving their radio access networks. Nokia’s approach supports the evolution of today’s purpose-built networks to Cloud RAN and hybrid solutions, ensuring performance consistency across all network environments. The Collaborative Advantage: Nokia launches anyRAN Nokia anyRAN is designed to help mobile operators and enterprises extend their options for building and evolving their radio access networks. The software can run on any partner's Cloud and Server infrastructure in addition to Nokia AirScale base stations and Nokia AirFrame servers. This approach removes the complexity from deployments by allowing a mix of purpose-built, hybrid, and fully Cloud-based RAN solutions, enabling deep multi-level disaggregation at the Cloud Infrastructure layer and data center (server) hardware layer. Close collaboration with partners also ensures performance consistency of Cloud RAN with Nokia’s field-proven purpose-built RAN. Future-ready performance: Cloud RAN SmartNIC for anyRAN Underpinning …

Lightweight, energy-efficient, modular, and easy to install, Habrok simplifies deployments and enhances Nokia’s comprehensive AirScale RAN portfolio. 26 February 2023: Espoo, Finland – Nokia today announced the global launch of Habrok, its latest generation of cutting-edge AirScale massive MIMO radios for all mobile operator and enterprise networks, at Mobile World Congress 2023. Habrok radios are powered by Nokia’s state-of-the-art, new generation of ReefShark System-on-Chip (SoC) and are available in both 32 TRX (Habrok 32) and 64 TRX (Habrok 64) versions, covering all massive MIMO use cases and deployment scenarios. This new generation of radios enables form-factor improvements over earlier generations, with the Habrok 64 weighing only 24 kg. Habrok also has high output power for increased coverage while its lower power consumption improves energy efficiency dramatically. It’s optimized to deliver best-in-class capacity and network performance while enabling efficient deployments and operation. Nokia’s latest massive MIMO radio products will become available from late 2023. Designed for complete spectrum flexibility and network performance, initially supporting band n78, both Habrok 32 and Habrok 64 support high radio frequency bandwidth, 200 MHz occupied bandwidth (OBW) and 400 MHz instantaneous bandwidth (IBW), enabling the use of fragmented spectrum allocations and network sharing cases. The sleek, lightweight Habrok 64 is approximately 30 percent lighter than its predecessors, making it easier to install and faster to deploy, accelerating 5G network deployment. The products also offer even higher energy efficiency by using 30 percent less energy, lowering the total cost of ownership. Habrok radios offer scalable capacity for single and multi-carrier performance, featuring the latest technologies to deliver high radio frequency output power. Habrok, which is named after a bird in Norse mythology, joins Nokia’s comprehensive AirScale RAN portfolio that …