ESPOO

O2 Telefónica and Nokia roll out 5G standalone core on Amazon Web Services in the cloud

Retrieved on: 
Wednesday, May 8, 2024
Cloud, Amazon Web Services, O2, Elasticity, GlobalData, Automation, Information, CSP, AWS

Espoo, Finland – O2 Telefónica in Germany and Nokia announced today the deployment of 5G standalone core software on Amazon Web Services (AWS).

Key Points: 
  • Espoo, Finland – O2 Telefónica in Germany and Nokia announced today the deployment of 5G standalone core software on Amazon Web Services (AWS).
  • The rollout provides O2 Telefónica with ultra-low latency to deliver advanced 5G services, like extended reality and network slicing, which require instant availability and greater bandwidth capacity.
  • Fabio Cerone, General Manager Telecom EMEA at Amazon Web Services, said: “We’re thrilled to be selected for the 5G Cloud Core network deployment of O2 Telefónica and to realize their vision of the network of the future.
  • By using Nokia 5G Core network on AWS, O2 Telefónica is redefining its operating model through full automation and elasticity at scale.

First Nokia Buy America-Compliant products roll off Sanmina manufacturing line

Retrieved on: 
Wednesday, April 24, 2024
FBA, Buy America Act, Electronics, Optical line termination, Buy, Digital divide, NTIA, Mobile phone

Nokia is the first technology vendor to announce the availability of Buy America-compliant products for use in critical broadband infrastructure projects focused on closing the digital divide.

Key Points: 
  • Nokia is the first technology vendor to announce the availability of Buy America-compliant products for use in critical broadband infrastructure projects focused on closing the digital divide.
  • Pleasant Prairie, Kenosha County, Wisconsin – Nokia today announced that the first Buy America-compliant products have rolled off the Sanmina manufacturing line.
  • After announcing its plans with Sanmina, Nokia was able to deliver on its commitment to manufacture Buy America-compliant products in the United States in a record-breaking time.
  • The first Nokia products to come off the Sanmina manufacturing line are its Optical Line Terminal (OLT) cards, which help connect users to fast, reliable gigabit data services.

Nokia Corporation Interim Report for Q1 2024

Retrieved on: 
Thursday, April 18, 2024
Cloud, Table, EUR, API, Smartphone, Patent, Comparable, EPS, Environment, Computer, Growth, Mobile phone

As expected, a slow start to 2024 with net sales declining 19% y-o-y in constant currency (-20% reported) in Q1.

Key Points: 
  • As expected, a slow start to 2024 with net sales declining 19% y-o-y in constant currency (-20% reported) in Q1.
  • This is a summary of the Nokia Corporation Interim Report for Q1 2024 published today.
  • Driven by the patent licensing deals signed in Nokia Technologies, we achieved a comparable operating margin of 12.8% in Q1, compared to 8.2% the year before.
  • Globally, we expect Q1 to mark the low point in demand with activity then progressively picking up through the remainder of 2024 consistent with more normal seasonality.

Nokia and nbn show world’s first 10G, 25G, 50G and 100G speeds over live fiber broadband network

Retrieved on: 
Wednesday, April 17, 2024
Research, NBN, PON, GPON, Freedom, NBN Co, Mobile phone

Nokia and nbn show world’s first 10G, 25G, 50G and 100G speeds over live fiber broadband network

Key Points: 
  • Nokia and nbn show world’s first 10G, 25G, 50G and 100G speeds over live fiber broadband network
    Nokia and nbn show record-breaking multiple broadband speeds over live fiber network.
  • nbn uses Nokia’s Lightspan MF fiber access platform, designed for delivering next-generation passive optical network (PON) at scale.
  • Espoo, Finland – Nokia today announced that NBN Co, Australia’s largest wholesale broadband provider, has successfully completed the world’s first live network demonstration of multiple next-generation PON technologies.
  • Leveraging Nokia’s fiber access platform, nbn was able to deliver 10G, 25G, 50G and 100G broadband speeds over its existing fiber network.

Nokia and SURF reach 800Gb/s transmission on existing fiber to prepare for massive upgrade to CERN's Large Hadron Collider

Retrieved on: 
Monday, April 15, 2024
Education, CERN, Physics, PCS, Research, LHC, Fiber, SURF, Large Hadron Collider, Pseudorapidity, HL, Civilization, HL-LHC, ATLAS, Network equipment provider

The trial was conducted over a 1648 km point-to-point fiber link connecting Amsterdam and Geneva, crossing Belgium and France.

Key Points: 
  • The trial was conducted over a 1648 km point-to-point fiber link connecting Amsterdam and Geneva, crossing Belgium and France.
  • The fiber link is part of the SURF-network, which connects national research and education institutes in the Netherlands, such as Nikhef.
  • The LHCOPN provides access to data at the Large Hadron Collider (LHC) at CERN, the world's largest and most powerful particle accelerator.
  • SURF is preparing its network for CERN’s LHC upgrade to the HL-LHC that will become operational in 2029.

Changes in Nokia Corporation's own shares

Retrieved on: 
Thursday, April 11, 2024
NOKIA, Mobile phone

Espoo, Finland – A total of 687 144 Nokia shares (NOKIA) held by the company were transferred today without consideration to participants of Nokia's equity-based incentive plans in accordance with the rules of the plans.

Key Points: 
  • Espoo, Finland – A total of 687 144 Nokia shares (NOKIA) held by the company were transferred today without consideration to participants of Nokia's equity-based incentive plans in accordance with the rules of the plans.
  • The transfer is based on the resolution of the Board of Directors to issue shares held by the company to settle its commitments to participants of the plans as announced on 4 October 2023.
  • The number of own shares held by Nokia Corporation following the transfer is 82 077 676.

Nokia to publish first-quarter interim report on 18 April 2024

Retrieved on: 
Thursday, April 11, 2024
Table, EEST, Webcast, Q&A, Mobile phone

Espoo, Finland – Nokia will publish its first-quarter interim report on 18 April 2024 at approximately 8 a.m. Finnish time (EEST).

Key Points: 
  • Espoo, Finland – Nokia will publish its first-quarter interim report on 18 April 2024 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.
  • Nokia's webcast will begin on 18 April 2024 at 11.30 a.m. Finnish time (EEST).

Changes in Nokia Corporation's own shares

Retrieved on: 
Wednesday, April 10, 2024
NOKIA, Mobile phone

Espoo, Finland – A total of 3 000 Nokia shares (NOKIA) held by the company were transferred today without consideration to participants of Nokia's equity-based incentive plans in accordance with the rules of the plans.

Key Points: 
  • Espoo, Finland – A total of 3 000 Nokia shares (NOKIA) held by the company were transferred today without consideration to participants of Nokia's equity-based incentive plans in accordance with the rules of the plans.
  • The transfer is based on the resolution of the Board of Directors to issue shares held by the company to settle its commitments to participants of the plans as announced on 4 October 2023.
  • The number of own shares held by Nokia Corporation following the transfer is 82 234 958.

Resolutions of Nokia Corporation’s Annual General Meeting and Board of Directors’ Assembly Meeting

Retrieved on: 
Wednesday, April 3, 2024
Annual, EUR, Chair, Committee, Travel, Chairperson, AGM, KHT, Policy, Audit committee, MacNamara, Treasury, KRT, Corporate governance, Industrial design

Composition of the Board of Directors, Board committees

Key Points: 
  • Composition of the Board of Directors, Board committees
    The AGM resolved to elect ten members to the Board.
  • In an assembly meeting that took place after the AGM, the Board elected Sari Baldauf as Chair and Søren Skou as Vice Chair of the Board.
  • The meeting fees, travel expenses and other expenses directly related to Board and Board Committee work will be paid in cash.
  • The authorization is effective until 2 October 2025 and it terminated the corresponding authorization granted by the Annual General Meeting on 4 April 2023.

Chief People Officer, Amy Hanlon-Rodemich to leave Nokia

Retrieved on: 
Thursday, March 28, 2024
Labour

Espoo, Finland – Nokia today announces that its Chief People Officer, Amy Hanlon-Rodemich, will leave the company and step down from its Group Leadership Team.

Key Points: 
  • Espoo, Finland – Nokia today announces that its Chief People Officer, Amy Hanlon-Rodemich, will leave the company and step down from its Group Leadership Team.
  • A recruitment process will begin immediately for her successor and Amy will retain an advisory role during her notice period.
  • Amy joined Nokia in 2022 and has been key to renewing the company’s people services and employee experience.
  • Lorna Gibb, Vice President, Labor & Employment, will assume the role of interim Chief People Officer for Nokia as the search commences.