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Upgraded IP network architecture to provide Zayo’s customers with faster, broader set of services including cloud access, data center connectivity, and secure high-speed links First phase underway in New York and New Jersey - expansion planned to dozens of additional markets and thousands of lit buildings Solution based on Nokia’s high-performance IP routers, powered by Nokia’s advanced FP5 silicon 29 October 2025: Espoo, Finland - Nokia today announced that it is working with Zayo, a leading global communications infrastructure provider, to deploy a next-generation IP network architecture to enhance Zayo’s network connectivity. With this deployment, Zayo’s customers will experience faster and more reliable internet services and will gain access to a broader set of services — including cloud access and data center connectivity over secure high-speed links — which drive productivity, improve collaboration, and open new economic opportunities. The first phase of deployment is underway in New York and New Jersey, with expansion planned to dozens of additional markets and thousands of lit buildings in the near future. Zayo’s fiber footprint spans over 19 million fiber miles and 147,000 route miles, connecting 400 markets and more than 1,500 on-net data centers globally. The new network architecture allows Zayo to deploy connectivity in new markets and bring more lit buildings online in record time, enabling the company to expand its reach and quickly respond to changing market conditions. The ability to rapidly deliver high-capacity infrastructure closer to its end user also reduces exposure to single points of failure, minimizes congestion, and ensures stable, resilient performance across Zayo’s IP backbone. This transformation to a more modular and scalable solution with Nokia’s next-generation IP router solution positions Zayo to meet growing bandwidth demand — including delivering 400G and 800G-capable services at scale — to support the next wave of …

NVIDIA to invest USD 1.0 billion (EUR 0.86 billion) in new Nokia shares at a purchase price of USD 6.01 (EUR 5.16) per share Investment comes in addition to strategic partnership to shape and lead the AI-RAN market and support evolution of data center networking Nokia will use the proceeds from the issuance to accelerate its strategic plans to advance trusted connectivity for the AI supercycle and other general corporate purposes Nokia’s press and investor conference call to be held at 3:30pm EST, 7:30pm GMT, 9:30pm EET Espoo, Finland – The Board of Directors of Nokia Corporation (“Nokia”) has resolved to issue 166 389 351 new shares in a directed share issuance to enable NVIDIA Corporation (“NVIDIA”) to make a USD 1.0 billion equity investment in Nokia. Subject to certain customary closing conditions, NVIDIA will subscribe for the shares at a subscription price of USD 6.01 per share. The transaction will see NVIDIA become a 2.90% shareholder of Nokia. The strategic partnership and investment are expected to create significant value for both companies. Nokia will use the proceeds from the issuance to accelerate its strategic plans to advance trusted connectivity for the AI supercycle and other general corporate purposes. Nokia intends to accelerate development of Nokia’s 5G & 6G RAN software to run on NVIDIA’s architecture and will make investments to drive Nokia’s strategic goal of increasing its presence in the AI & Cloud market with data center aligned networking solutions within its Network Infrastructure business. Nokia and NVIDIA have agreed to collaborate on AI networking solutions and explore opportunities to incorporate Nokia’s data center switching and optical technologies in NVIDIA’s future AI infrastructure architecture. Nokia will host a press and investor conference call on 28 October 2025 at 3:30pm EST (7:30pm GMT, 9:30pm EET) to discuss both the strategic partnership and the purpose of the investment.   Details of …

Strong net sales growth, well on track to achieve full year outlook Q3 comparable net sales grew 9% y-o-y on a constant currency and portfolio basis (12% reported) with all business groups contributing and particularly strong growth in Optical Networks growing 19%. Comparable gross margin in Q3 declined 150bps y-o-y to 44.2% (reported declined 150bps to 43.7%) as expected due to product mix in Network Infrastructure and Mobile Networks offsetting strength in Cloud and Network Services. Q3 comparable operating margin decreased 220bps y-o-y to 9.0% (reported up 140bps to 5.0%). The margin would have been stable y-o-y apart from a one-time benefit in the prior year from a provision reversal. Q3 comparable diluted EPS for the period of EUR 0.06; reported diluted EPS for the period of EUR 0.01. Q3 free cash flow of EUR 0.4 billion, net cash balance of EUR 3.0 billion. Operationally, Nokia's outlook is unchanged for full year 2025. However, a change in venture fund reporting leads to a EUR 0.1 billion revision to the operating profit.(1) As a result Nokia's comparable operating profit guidance is revised to between EUR 1.7 and 2.2 billion (was between EUR 1.6 and 2.1 billion). (1) In Q3 2025, Nokia changed how it presents gains and losses from venture fund investments. The comparative financial information has been recast accordingly. Refer to the Financial statements and the Recast financial information sections in Nokia Corporation Interim Report for Q3 2025 for more information, including full comparative financial information for each quarter Q1-Q3'24 and Q1-Q2'25. This is a summary of the Nokia Corporation Interim Report for Q3 2025 published today. Nokia only publishes a summary of its financial reports in stock exchange releases. The summary focuses on Nokia Group's financial information as well as on Nokia's outlook. The detailed, segment-level discussion will be available in the complete financial report hosted at www.nokia.com/financials. …

16 October 2025: Espoo, Finland – Nokia will publish its third-quarter and January-September 2025 interim report on 23 October 2025 at approximately 8 a.m. Finnish time (EEST). The report will be made available on the Nokia website immediately after publication. Nokia only publishes a summary of its financial reports in stock exchange releases. The summary focuses on Nokia Group's financial information as well as on Nokia's outlook. The detailed, segment-level discussion will be available in the complete financial report hosted at www.nokia.com/financials. Investors should not solely rely on summaries of Nokia's financial reports, but should also review the complete reports with tables. Analyst webcast  Nokia's webcast will begin on 23 October 2025 at 11.30 a.m. Finnish time (EEST). The webcast will last approximately 60 minutes. The webcast will be a presentation followed by a Q&A session. Presentation slides will be available for download at www.nokia.com/financials. A link to the webcast will be available at www.nokia.com/financials. Media representatives can listen in via the link, or alternatively call +1-412-317-5619. 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, which is celebrating 100 years of innovation. 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. Media inquiries Nokia Press …

Nokia extends strategic partnership with Vodafone and Vodacom across Europe and Africa Nokia deploys state-of-the-art equipment from its industry-leading 5G AirScale portfolio, accelerating digital transformation 14th October 2025: Espoo, Finland – Nokia today announced that it has maintained its role as Vodafone’s strategic partner in Europe and Africa as part of Vodafone’s five-year radio access network (RAN) investment programme. The deal follows Nokia’s recent RAN agreement with VodafoneThree, part of the largest privately funded telecommunications infrastructure project in Europe. The move supports Vodafone’s ambitions to deliver next-generation connectivity across Europe and Africa, enabling an inclusive and sustainable digital society. Under the extended deal, Nokia will supply equipment from its industry-leading, energy-efficient AirScale Radio Access Network (RAN) portfolio, including Massive MIMO radios, baseband, and remote radio head (RRH) solutions powered by Nokia’s energy-efficient ReefShark System-on-Chip technology, boosting the performance, efficiency, and reliability of the network. This includes the first deployment of a 5G Dual-Band Massive MIMO Radio in Africa. These solutions will enhance the coverage, performance, and capacity of Vodafone’s network, delivering a superior customer experience in combination with reduced space and energy requirements. Nokia will also deploy MantaRay NM, an AI-powered intelligent network management system offering a consolidated network view for optimal monitoring and management. Nokia continues to partner with Vodacom Group and Safaricom Group in markets including Ethiopia, Kenya, and South Africa. Mark Atkinson, Head of RAN at Nokia, said: “Today’s networks need new levels of performance, trust and resilience. We are delighted to extend our partnership with Vodafone, Vodacom, and its affiliates to build future-proof 5G standalone networks across Europe and Africa. This agreement underscores the …

Nokia’s new high-capacity shelves enable operators to more cost-effectively scale their network to meet surging bandwidth demands while protecting existing investments, improving density by a factor of three, and reducing power per bit by as much as 60%. The new high-capacity shelves can be seamlessly added to existing 1830 PSS deployments and provide enhanced support for the latest generation of high-speed coherent optical engines. 13 October 2025: Espoo, Finland – Nokia today announced the launch of its new carrier-grade 1830 Photonic Service Switch-High Capacity (PSS-hc) shelves, a next-generation addition to the 1830 PSS family, one of the most widely deployed optical transport platforms globally. The new shelves deliver up to three times higher density with up to 60% lower power consumption per bit, enabling service providers to scale their networks more cost-effectively. The 1830 PSS-hc shelves, which include the PSS-10hc and PSS-4hc, provide a smooth upgrade path for existing 1830 PSS customers, integrating seamlessly into current deployments without disruption. With an efficient design, support for higher power and front-to-back airflow, the shelves provide enhanced support for high density deployment of the latest generations of embedded and coherent optical engines. Providing as much as 12Tb/s per slot, these shelves provide an efficient solution for network operators to deliver high-speed services driven by cloud, AI, video, enterprise, and mobile services. “Nokia’s 1830 PSS-HC shelves are a natural evolution of the current 1830 family of products that we deploy today and hence we anticipate it to enable us to address the growing capacity demands in the network, leverage high-density embedded and coherent pluggable optical engines whilst retaining our existing operational framework,” said Vivek Gaur, EVP at Colt. “In the era of AI, operators need to scale bandwidth faster and more cost-effectively than ever. The 1830 PSS-hc shelves …

Nearly 2 in 3 telecom operators experienced at least one “living off the land” attack the past 12 months, and 32% saw four or more. Terabit-scale DDoS attacks are happening five times more frequently and with greater peak strength, as 4% of the world’s home internet connections are compromised; some 37% of DDoS attacks now end within two minutes. More than 70% of telecom security leaders now prioritize AI- and ML-based threat analytics, and over half plan to deploy AI for detection within 18 months. 8 October 2025 : Espoo, Finland – Cyber attackers are increasingly penetrating core telecom infrastructure undetected; DDoS attacks have surged to new extremes, powered by compromised home internet connections; and crypto agility is moving from roadmap to requirement, according to Nokia's 11th annual Threat Intelligence Report. Stealthy campaigns now target the telco core Attackers have stepped up their intrusions into core networks, in some cases reaching sensitive systems such as subscriber data and lawful interception platforms, as seen in the high-profile Salt Typhoon case. They often hide in plain sight by abusing trusted tools, unpatched devices and misconfigurations. 63% of operators faced at least one “living off the land” attack last year; 32% saw four or more. Multi-year, low-profile infections have led to major data exposure and forced operators into costly remediation, highlighting the business and reputational risks of long-term, privileged access. As the CISO from one leading CSP in North America said, “Salt Typhoon was the most significant cybersecurity incident we faced in the last 12 months. … Some of the entry points were put in place years ago, just sitting and waiting for the right moment to trigger.” DDoS attacks are shorter and more powerful Terabit-scale DDoS attacks are now a daily reality, up from once every five days in 2024, and gigabit residential broadband connectivity is amplifying the dangers. DDoS peaks …

Nokia enables 50G PON on existing 25G PON line card available on Lightspan MF, delivering a flexible and future-ready solution for enterprises Both 25/50G PON solutions deliver massive capacity, quantum security and enhanced reliability essential for mission critical enterprise connectivity Passive Optical Networks provide the most efficient, reliable and secure enterprise connectivity 7 October 2025: Espoo, Finland – Nokia today announced the launch of the world’s first 50G PON solution designed to provide ultra-fast, post-quantum broadband connectivity for operators serving enterprises. The solution delivers massive capacity, enhanced reliability and advanced security features that will protect enterprises in post-quantum era. Available on Nokia’s Lightspan MF platform, it allows operators who are deploying 10G or 25G PON today to seamlessly evolve to 50G PON without major disruptions. With 25/50G PON operators can use their existing residential FTTH networks to serve enterprises and other non-residential users, eliminating the need for costly separate fiber builds. The solution is available on Nokia’s existing state-of-the-art fiber line card, based on the Quillion chipset. The card is designed to deliver GPON, XGS, 25G, 50G PON and future optical modules, like 50G symmetrical and additional combinations of multi-PON and triple-PON options. The Lightspan line card uses the smallest form factor optics for all PON technologies to maximize port density and allow full backward compatibility with existing optics for smooth, cost-efficient network upgrades. Nokia’s 50G/25G PON, helps operators protect user and network sensitive data with quantum-safe encryption and secure key exchange that addresses the growing threat of harvesting data today and decrypting them when Quantum computers are available. Enterprises can also rely on fully redundant PON designs that ensure always-on connectivity, guaranteeing reliable service even under fault conditions, …

Nokia launches digital twin of the FTTH infrastructure, creating a single unified view of active and passive components. Introducing data analytics and AI models in Altiplano to detect, predict and resolve issues across greenfield and brownfield networks. Full digitalization of FTTH lifecycle keeps inventory accurate, improves operational efficiency and boosts FTTH reliability. 6 October 2025: Espoo, Finland – Nokia today announced new software tools and AI-models that significantly improve operational efficiencies and enhance network reliability. The new digital features, part of Nokia’s Altiplano platform, will enable operators to create a comprehensive digital twin of their FTTH network and establish a single unified view of active and passive components. This helps reduce operational cost and improve FTTH reliability, giving operators the capabilities to detect disruptions earlier and more quickly resolve incidents on the first attempt. Operators deploying FTTH networks face limited visibility into the passive outside plant, resulting in inventory errors, costly repeat truck rolls, cost overruns and service delays. With better visibility to the outside plant, operators can fix problems faster, expand networks efficiently, and deliver more reliable broadband to their communities. Nokia Altiplano gives operators a unified, real-time view of their FTTH networks, using automation tools to streamline processes and continuously validate inventory, topology, and resource data. Operators can also access Nokia’s new Fiber Health Analyzer and Subscriber Line Identifier application from its growing Altiplano Marketplace. The new AI-powered Fiber Health Analyzer application allows operators to monitor the health of fiber links, audit the imported topology, isolate fiber faults, proactively detect issues, perform root cause analysis and improve service quality. With the new Subscriber Line Identify application, operators can verify splitter connectivity with …