Core Business Focus - Nokia Corporation has completed the divestiture of its submarine networks business, Alcatel Submarine Networks, to the French State, aligning with its strategy to enhance financial position by focusing on core businesses [1][3] - The divestiture is expected to strengthen Nokia's Network Infrastructure business, which consists of Fixed Networks, IP Networks, and Optical Networks [3] Market Position and Growth - Alcatel Submarine Networks is a leader in the industry with over 800,000 km of optical submarine systems globally and is well-positioned to benefit from the expanding subsea cables market [2] - The French State plans to continue investing in ASN, supporting sustainable development and allowing ASN to broaden its technology offerings [2] Financial Performance - The divestiture is anticipated to bolster Nokia's diverse portfolio of solutions and enhance overall financial performance [7] - Nokia's shares have gained 26.5% over the past year, slightly underperforming the industry's growth of 27.1% [8] Technological Advancements - Nokia is transforming communication through advancements in 5G technology, ultra-broadband access, and Internet of Things applications [4] - The company is experiencing healthy momentum in software and enterprise sectors, which is beneficial for its licensing business [5] Customer Base and Expertise - Nokia has established expertise in mission-critical networks, serving over 2,600 enterprise customers across various sectors including transportation, energy, and public services [6]

Press ReleaseNokia completes its sale of leading submarine networks business, ASN (Alcatel Submarine Networks), to the French State 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 Eu ...

Group 1: Company Overview - Ubiquiti Inc. (UI) currently holds a Zacks Rank 1 (Strong Buy) and reported an earnings surprise of 20.9% in the last quarter, showcasing its adaptable global business model [1] - Nokia Corporation (NOK) has a strong presence in over 100 countries, which is expected to enhance its customer base and revenue growth in the upcoming quarters [2] Group 2: Technological Advancements - Nokia's advanced slicing solution has been implemented by e& UAE, marking it as the first operator globally to create a dedicated network slice optimized for modern gaming demands [10] - The slicing technology allows operators to customize network slices for various customer needs, optimizing experiences for activities such as TV streaming and cloud gaming [11] Group 3: Market Performance - Nokia's stock has increased by 32.6% over the past year, outperforming the industry growth of 27.2% [18] - The effective management of Nokia's global network of over 100 distributors has improved visibility for future demand and inventory management [15]

Press ReleaseNokia and e& UAE showcase world’s first fixed end-to-end network slicing solution for gaming applications Nokia network slicing solution allows e& UAE to enhance end user experiences for premium services such as gaming, work-from-home and enterprise applications. Nokia intent-based slicing solution automatically allocates network resources across in-home, access, and transport networks to meet the low-latency, high-speed demands of gaming applications.Operators can now better monetize their ne ...

Nokia Corporation (NOK) recently signed a four-year deal with EOLO, an Italian telecommunications leader in Fixed Wireless Access (FWA) connectivity, to deploy Europe’s first 5G standalone mmWave Radio Access Network. This strategic partnership aims to expand connectivity across Italy, particularly in underserved areas, addressing the digital divide and the digital speed gap.Digging Deep Into NOK-EOLO DealAs part of the agreement, Nokia will deploy equipment from its state-of-the-art industry-leading 5G Air ...

Press Release Nokia and EOLO deploy Europe’s first 5G standalone mmWave network in Italy   Nokia to deploy the first 5G standalone mmWave network in Europe delivering enhanced customer experience with premium capacity and coverage. New network infrastructure to support EOLO’s ambitions to connect underserved communities in Italy.Nokia’s Shikra mmWave radios and FastMile FWA receivers to support Fixed Wireless Access services. 16 December 2024 Espoo, Finland – Nokia announced it has signed a four-year dea ...

Press Release Nokia and Elisa deploy Europe’s first commercial 5G Cloud RAN deployment with Red Hat OpenShift Nokia’s Cloud RAN solution ready for commercial deployment following a successful deployment with Elisa in Espoo, Finland powered by Red Hat OpenShift       Cloud RAN supports Elisa’s efforts to provide more agile network services to its customers, by transforming network usage closer to the network edgeNokia’s anyRAN approach offers customers more flexibility, openness, security, and choice in thei ...

Press Release Nokia building IP network to support AI workloads at Nscale’s new sustainable data center Network will support growing global demand for AI-driven applications, which consume massive amounts of data.Nokia data center fabric network offers carrier-grade trusted performance, and scale.Nscale leverages 100% renewable energy and energy-efficient adiabatic cooling, setting a benchmark for sustainable AI and high-performance computing infrastructure. 11 December 2024Espoo, Finland – Nokia has been s ...

Press Release Nokia and SK Broadband deploy quantum secure network to protect Korea Hydro and Nuclear Power’s IT infrastructure Deployment allows Korea Hydro and Nuclear Plant (KHNP) to leverage quantum-safe MACsec technology to better protect its IP MPLS leased line network. Nokia’s trusted Quantum-Safe IP and optical network solutions enable KHNP to not compromise between security or performance with secure and trusted data network connectivity. Collaboration enhances ability to respond to accelerating c ...

Press ReleaseNokia and du deploy first commercial Cloud RAN solution in Middle East and Africa with Red Hat OpenShift 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 2024Espoo, Finland – Nokia and du, a leading telecom and digital services provider, to ...