nokia

Telcos, Media & Tech

Nokia earnings beat estimates as data centre pivot shows promise

The company’s shares have almost doubled over the last year

Nvidia, whose gear is at the centre of the AI explosion, is trying to carve out a new market and clear a potential roadblock.

Global Enterprise

Nvidia forms alliance to make sure 6G networks embrace AI

The shift is vital for the future’s myriad connected devices and their complex network requirements

Nokia’s comparable operating profit fell 3% to 1.05 billion euros (S$1.6 billion) in the fourth quarter.

Telcos, Media & Tech

Nokia chair to step down, AI push supports Q4 profit

The company is carrying out one of its biggest restructuring drives since it sold its mobile phone business

Above: Nokia's headquarters in Espoo, Finland. The restructuring will deliver double-digit operating income growth in the coming years, says CEO Justin Hotard.

Telcos, Media & Tech

Nokia streamlines business to focus on AI infrastructure boom

It plans to restructure into two main divisions – mobile networks and network infrastructure

Nokia, best known for selling mobile network parts, has been pushing into data centres.

Telcos, Media & Tech

Nvidia to invest US$1 billion in Nokia in AI networking push

The Finnish company will issue about 166 million shares to Nvidia at US$6.01 apiece

Nokia’s next president and CEO Justin Hotard said he believes the world is at the start of an AI supercycle, similar to the internet boom of the 1990s.

Telcos, Media & Tech

Nokia CEO Hotard compares AI surge to 1990s internet boom, but plays down bubble fears

Hotard’s remarks come amid growing debate over whether the surge in AI investment is sustainable

The company said it expects operating profits of 1.6 billion euros to 2.1 billion euros for 2025.

Transport & Logistics

Nokia profit surges past estimates on network growth

It reported 435 million euros in adjusted operating profit for the quarter

Nokia’s sales in North America have been growing steadily despite losing market share to Nordic rival Ericsson, reflecting a renewed market strength after years of weakness.

Telcos, Media & Tech

Nokia posts quarterly profit miss, flags disruption from Trump's tariffs

Comparable operating profit fell to 156 million euros (S$232.7 million) in the first quarter of 2025

The acquisition will allow Nokia to sell more equipment to big tech companies.

Telcos, Media & Tech

Nokia to gain unconditional EU nod for US$2.3 billion Infinera deal: sources

The European Commission is scheduled to finish its preliminary review of the deal by Feb 26

Justin Hotard currently leads the data centre and AI group at Intel, giving him expertise in a business Nokia’s hoped will spur growth.

Telcos, Media & Tech

Nokia hires Intel’s AI executive as CEO in push for turnaround

NOKIA said it was replacing chief executive officer Pekka Lundmark with Intel’s Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump in orders from p...

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