Nokia upgrades Cloudbear network to offer customized hosting services in Europe

    

Press Release

Nokia upgrades Cloudbear network to offer customized hosting services in Europe

• Nokia to provide complete data center networking solution including fabric switching, interconnection and peering.
• Dutch hosting provider praises Nokia's community-driven approach from discord server channels to open source projects and tools.
• Partnership lays groundwork for future data center expansion.

 

28 November 2024
Espoo, Finland – Nokia has been selected by Cloudbear, a growing hosting services provider in the Netherlands, to implement its state-of-the-art data center networking infrastructure. This complete data center deployment is implemented on the Kuberbetes-based CBWS hosting environment. Nokia's deployment includes an ultra-reliable data center fabric switching, and data center gateway routers that provider IP data center interconnection, and IP peering. With this implementation, Cloudbear will further enhance its ability to provide customized hosting services to meet very specific customer requirements with maximum efficiency. In addition, Cloudbear's ability to deliver fast, reliable, and secure hosting services to its customers across Europe is augmented.

 

As part of the partnership, Cloudbear has benefited from having access to Nokia's community. For instance, the SR Linux Discord channel has provided them with quick access to questions about Cloudbear's implementation. The Dutch provider has also used Nokia's open source project Containerlab for its CI/CD pipeline implementation.

 

Marlin Cremers, co-founder of Cloudbear, said: "The flexibility and reliability of Nokia's networking solutions allow us to bring services faster to market and with great efficiency, ensuring our customers benefit from high-quality, secure services. Working with Nokia, we were able to satisfy all our data center networking requirements from a single vendor. This includes ultra reliable DC fabric switching, world class IP data center interconnection, and highly scalable IP Peering. Other than a reputation of high-quality products, Nokia's personal touch and community-driven approach has been a key differentiator and has stood out from day one, showing Nokia's true commitment to this partnership."

 

Matthieu Bourguignon, Senior Vice-President and Head of Europe for Network Infrastructure business at Nokia, commented: "This partnership highlights how Nokia's complete data center solution from fabric switching to other essential IP networking capabilities can be leveraged to unlock the next generation of hosting services delivered by companies like Cloudbear. Our tailored approach and commitment to customer success ensures that businesses of all sizes can benefit from Nokia's comprehensive range of data center solutions and ongoing support. We are dedicated to empowering companies through every phase of their journey, from pre-purchase to deployment and ongoing operations, ensuring customers like Cloudbear have the resources they need to thrive."

 

Cloudbear is laying the groundwork for future growth and has deployed a complete data center networking solution from Nokia. This includes Nokia's 7220 IXR-D series platforms for data center leaf, and spine roles, while also leveraging these platforms as a Data Center Gateway to connect to upcoming data center locations within their infrastructure. As part of this deployment Cloudbear has deployed Nokia's SR Linux Network Operating System (NOS) offering a new level of openness, telemetry, and programmability conducive to network automation. Additionally, Cloudbear has deployed Nokia's flagship 7750 SR-1 router, enabling Cloudbear to peer with the internet and other networks with massive scale.

 

Resources and additional information

Product page: 7220 Interconnect Router for Data Center Fabrics | Nokia

Product page: Service Router Linux (SR Linux) | Nokia

Product page: Nokia 7750 Service Router

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.  

 

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.

 

About Cloudbear

Cloudbear is revolutionising managed cloud services by empowering businesses to focus solely on developing their SaaS applications or supporting agencies that create (SaaS) applications for their clients. While customers concentrate on innovation, Cloudbear takes care of the heavy lifting—designing and managing infrastructure, Continuous Deployment pipelines, monitoring, and dashboarding.

 

At the heart of their services is CBWS, Cloudbear's state-of-the-art cloud environment based in Eindhoven, The Netherlands. Powered by Nokia's advanced networking technology, CBWS delivers low-latency, high-throughput solutions optimised for the needs of SaaS businesses and development agencies.

 

With a focus on scalability, security, and performance, Cloudbear enables companies and agencies to streamline operations, speed up deployment cycles, and bring transformative applications to market with confidence. Whether you're developing your own SaaS product or helping others build theirs, Cloudbear is the trusted partner for a reliable, cutting-edge cloud foundation.

 

Media inquiries

Nokia Press Office

Email: Press.Services@nokia.com

 

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Nokia Foundation awards CSC Managing Director Dr. Kimmo Koski for his significant role in enabling the European LUMI supercomputer ecosystem

    

 

Press Release        

 

27 November 2024, 20:15 EET

 

Nokia Foundation awards CSC Managing Director Dr. Kimmo Koski for his significant role in enabling the European LUMI supercomputer ecosystem

 

 

• The awardee, Dr. Kimmo Koski, Managing Director of CSC – IT Center for Science played a key personal role to pursue the LUMI supercomputer and building a European consortium of 11 countries behind, securing national funding, and obtaining European Commission funding through EuroHPC for this groundbreaking computing project. Hosted at CSC´s data center in Finland, LUMI is currently among the most powerful supercomputers globally and serves as a significant infrastructure for European scientific research, development, and innovation.
• One of the key factors for the success of the LUMI initiative is the sustainability of its design. This is exemplified by utilizing the center's excess heat for the city of Kajaani.
• Inaugurated in 2022, the LUMI supercomputer has drawn a growing number of ICT and other companies to establish their operations in the Renforsin Ranta, a former paper mill site. As a result, the number of people employed in this environment exceeds the workforce levels from the area's industrial days.
• Nokia Foundation promotes and supports Finnish scientific research and education in the fields of information and communications technology, as well as related fields of science.

 

Espoo, Finland – November 27, 2024 – Nokia Foundation has granted its 2024 recognition award to Dr. Kimmo Koski, Managing Director of CSC for his pivotal role in enabling the creation of LUMI supercomputer and Kajaani data center ecosystems. Scientific research is becoming increasingly data-driven, and almost all scientific disciplines use computational methods to analyze large datasets. This shift is also evident in private companies' research, development, and innovation activities. For example, artificial intelligence relies fundamentally on computational power. In this context, high performance computing and data ecosystems play a crucial role. LUMI supercomputer enhances the international reach of Finnish and European science, accelerating both innovation and competitiveness.

 

Hannu Kauppinen, Chairman of the Board of Nokia Foundation, said: "Dr. Kimmo Koski has over the years worked systematically and made foundational contributions to fostering the Finnish supercomputing environment and expanding its international connections and importance across Europe and beyond. Lately, this has culminated driving a European consortium for LUMI supercomputer in Finland. This has boosted the Finnish data center ecosystem and brought remarkable positive visibility to Finland both in industrial and in academic circles. This has been made evident in the significant increase in foreign investments in the Finnish data center facilities and companies engaged in High Performance Computing. The current boom of AI has further increased the demand for supercomputing, where LUMI already offers a powerful, ready-made solution."

 

Dr. Kimmo Koski said: "I am truly honored by this recognition and see it as an acknowledgement of our long-standing work and commitment. Today, we host one the greenest and most advanced data center ecosystems in the world, and we are a preferred partner on a global scale. I am proud of this because of the significant societal impact it generates. Advanced data center ecosystems such as LUMI will be increasingly important when creating tomorrow´s success - not only to make scientific breakthroughs, but also to accelerate innovation. Up to one-fifth of Finland's quota of LUMI resources has been reserved for businesses."   

 

Nokia Foundation has awarded over 2000 grants during its 29-year existence. In 2024, the Foundation will grant scholarships and awards totaling approximately 400,000 euros.

 

Resources and additional information

Photo: Dr. Kimmo Koski

Photo: Nokia Foundation Award 2024

 

About the Nokia Foundation

The Nokia Foundation's purpose is to support the scientific development of information and communication technologies and to promote education in the sector in Finland. Nokia Foundation provides scholarships and awards for this mission. The Foundation was established on the initiative of Nokia Oyj in 1995; it is an independent, non-profit organization under Finnish foundation law. https://nokiafoundation.com/

 

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.

 

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.

 

About CSC – IT Center for Science
CSC is a Finnish center of expertise in ICT that provides world-class services for research, education, culture, public administration and enterprises, to help them thrive and benefit society at large. www.csc.fi

 

Media inquiries

Nokia Communications, Corporate

Email: Press.Services@nokia.com

 

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Nokia wins new deal with Deutsche Telekom to roll out large-scale commercial O-RAN network in Germany

    

Press Release

Nokia wins new deal with Deutsche Telekom to roll out large-scale commercial O-RAN network in Germany 

• Nokia awarded more than 3,000 sites supporting Deutsche Telekom's Open RAN network ambitions
• Supports Deutsche Telekom's Open RAN strategy of increasing choice in supplier base
• Focus on high-power, large-scale multi-vendor Open RAN network rollout

 

27 November 2024

Espoo, Finland – Nokia today announced that it has been awarded more than 3,000 sites by Deutsche Telekom AG (DT) to support the operator's multi-vendor Open RAN network scale-up in Germany. The deal, which includes Fujitsu, covers a mass rollout of O-RAN-compliant technology with commercial deployment already underway in the Neubrandenburg area of Northern Germany. The new deal formally marks Nokia's return as a supplier to Europe's largest network and will see Nokia replace the incumbent vendor in the area covered in the agreement.

 

Under the deal, Nokia will supply equipment from its O-RAN-compliant 5G AirScale portfolio powered by its energy-efficient ReefShark System-on-Chip technology, including modular, high-capacity baseband solutions and high-performance Habrok Massive MIMO radios for premium coverage and capacity. Nokia's industry-leading solutions ensure performance consistency, resiliency, and security for Open RAN. Nokia's solutions integrate with DT's multi-supplier Open RAN environment where Fujitsu will supply its O-RAN-compliant mid-band remote radio head products. The deal will also see Nokia support DT with network modernization alongside existing suppliers.

 

Nokia will also deploy its intelligent AI-powered MantaRay NM solution for improved network monitoring and management and will provide AI-based services, including digital deployment, optimization, and technical support.

 

Abdu Mudesir, Group CTO and Managing Director of Technology Germany at Deutsche Telekom commented: "This deal is further evidence of our significant commitment to multi-vendor Open RAN and ensuring we have greater supplier choice for radio access networks. The network performance in the already implemented area is delivering the best customer experience. And now together with Nokia, we look forward to scaling up Open RAN in Germany."

 

Tommi Uitto, President of Mobile Networks at Nokia, said: "While others talk about doing Open RAN, Nokia is actually doing it and doing it on a grand scale. This is a significant deal for Nokia as we have been selected by the largest network operator in Europe to extend our partnership. We are proud to have been chosen because of our technology leadership, innovative product portfolio, and open approach. We look forward to expanding our partnership further in the future."

 

Resources

Webpage: Nokia AirScale Radio Access

Webpage: Nokia AirScale Baseband

Webpage: Nokia Open RAN

Whitepaper: Nokia Open RAN Industry and Solution Update

 

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. 

 

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 Communications, Corporate

Email: Press.Services@nokia.com

 

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ABI Research ranks Nokia overall leader and top innovator for telco API platforms

    

Press release

 

ABI Research ranks Nokia overall leader and top innovator for telco API platforms

• ABI Research says ranking reflects comprehensive scope of Nokia network API solutions and the company's role of enabling operator network API flexibility.
  
  
• ABI Research says Nokia follows a policy of impartiality across public cloud providers, giving operators the freedom to select their preferred hyperscaler partner.
  
  

26 November 2024

Espoo, Finland — Nokia today announced that analysts at ABI Research have ranked the company as the overall leader and top innovator in a competitive study on telco API platforms for internal exposure within network and partner ecosystems. The report can be viewed here.

ABI Research said Nokia's deep network API portfolio, including its Network as Code with developer portal, offers more integration points across the telco stack than any other vendor, enabling operators to maximize customizability, while adhering to industry standards.

"ABI Research assessed Nokia as the leading vendor due to the comprehensive scope of its solutions and its success in enabling operator network API flexibility and configurability, while adhering to industry standards," the report says. "Nokia's success in creating a cohesive network API portfolio that directly addresses operator needs for configurability and standardization, and internal exposure and external exposure earned it the position of Top Innovator."

The report goes on to state that "it is noteworthy that Nokia follows a policy of impartiality across public cloud providers, giving operators freedom to select their preferred hyperscaler partner."

The report comes soon after Nokia strengthened its network API product development and go-to-market efforts by acquiring Rapid's technology assets, including the world's largest API hub used by thousands of active developers globally, and its highly skilled research and development unit.

Nokia is leading and expanding the network API ecosystem to monetize 5G and 4G networks, following a strategy based on having the best API management system in the market and enabling multiple API ecosystems through its Network as Code platform.

Since launching the platform in September 2023, Nokia has gained significant momentum with 27 partners globally, including BT, DISH, Google Cloud, Infobip, Orange, Telefonica, and Telecom Argentina. Nokia's partnering expands well beyond the operator base to include hyperscalers like Google Cloud, CPaaS platform providers like Infobip, large system integrators, and vertical ISVs.

Shkumbin Hamiti, Head of Network Monetization Platform, Cloud and Network Services at Nokia said: "This recognition is an important reflection of the very differentiated strategy that Nokia has taken in the network API space, drawing on our strong technology pedigree and on very close collaboration with developers, industry standard groups, and operators. This approach is allowing Nokia to leverage the broader B2B digitalization ecosystem and drive new business models that make network programmability monetizable for operators."

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.

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.

Nokia Communications, Corporate

Email: Press.Services@nokia.com

 

Connect with Nokia on social media

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Nokia and du conclude successful transport network slicing trial in UAE

    

 

Press Release

Nokia and du conclude successful transport network slicing trial in UAE

• Nokia network slicing technology will help du tailor segments customized to user needs.
• The first of its kind in the region, the live transport network slicing deployment will cater to specific requirements for bandwidth, latency, and reliability.

 

26 November 2024

Dubai, United Arab Emirates – Nokia today announced that it has successfully completed a network slicing trial with du, the leading telecom and digital services provider. This trial is the UAE's first live transport slicing deployment which will allow the service provider to operate a variety of network services that cater to different needs while remaining within the existing network infrastructure.

 

Network slicing allows operators to flexibly allocate resources for optimal performance and quality within each slice. By leveraging Nokia's cutting-edge slicing technology with the Network Service Platform (NSP), du will deliver a wide range of services such as ultra-reliable low-latency communications for gaming and video streaming to massive machine-type communications that can be used for IoT devices. Ultimately, this approach will lead to improved network utilization and energy savings in the long run.

 

Moreover, the network slicing will offer enhanced security and privacy, service innovation, improved quality of service, and efficient resource utilization, all of which will contribute towards better monetization opportunities and an edge over the other market players.

 

Saleem Alblooshi, Chief Technology Officer at du, said: "Nokia's network slicing technology, integrated with the Network Service Platform (NSP), aligns perfectly with our vision of being an AI enabler in line with the UAE National Strategy for AI 2031. This cutting-edge technology empowers du to optimize resource allocation in real-time, based on demand and traffic patterns. It plays a crucial role in our monetization strategies by enhancing network operations and elevating the customer experience. As a company committed to innovation, investing in network slicing is a natural and progressive step for us."

 

Rima Manna, Vice President of Network Infrastructure Sales, Middle East and Country Director of UAE at Nokia, said: "This partnership with du is an essential step in enabling our customers with technologies that will set them apart in the industry. Network slicing automates the creation, assurance, and optimization of transport slices to facilitate dynamic services with specific requirements in terms of bandwidth, latency and reliability. After investing considerable time in building such automated services, we are confident that this will significantly benefit not only du, but also all its end users."

 

In addition to creating better, more customized solutions for different users, efficiently managing network infrastructure reduces overall energy consumption leading to a smaller carbon footprint.

 

Resources and additional information

Product page: Nokia NSP

 

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.

 

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 Communications, Middle East & Africa
Email: cordia.so@nokia.com

 

Nokia Press Office

Email: Press.Services@nokia.com

 

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Nokia käynnistää omien osakkeiden takaisinosto-ohjelman kompensoidakseen Infinera-hankinnan aiheuttamaa laimennusvaikutusta

    

Nokia Oyj

Pörssitiedote

22.11.2024 klo 12.15

 

Nokia käynnistää omien osakkeiden takaisinosto-ohjelman kompensoidakseen Infinera-hankinnan aiheuttamaa laimennusvaikutusta

 

Espoo – 27.6.2024 ilmoitetun mukaisesti Nokia Oyj ("Nokia" tai "Yhtiö") on tänään päättänyt käynnistää omien osakkeiden takaisinosto-ohjelman kompensoidakseen laimennusvaikutusta, joka syntyy uusien osakkeiden antamisesta Infinera Corporationin osakkeenomistajille ja Infineran nykyisistä osakepohjaisista kannustimista. Päivittäisten takaisinostojen määrän odotetaan kasvavan Infinera-kaupan toteuttamispäivän jälkeen ja ohjelma lopetetaan, jos hankinta ei toteudu.

 

Takaisinosto-ohjelman keskeinen sisältö:

 

•      Ohjelman tavoitteena on ostaa 150 miljoonaa osaketta, ja hankintaan käytettävä kokonaissumma on korkeintaan 900 miljoonaa euroa.

 

•      Takaisinostot alkavat aikaisintaan 25.11.2024 ja päättyvät viimeistään 31.12.2025.

 

•      Takaisinostojen tarkoituksena on alentaa Nokian omaa pääomaa uusien osakkeiden antamisesta aiheutuvan laimennusvaikutuksen kompensoimiseksi. Takaisinostetut osakkeet tullaan mitätöimään tämän mukaisesti. Takaisinostoihin käytetään Yhtiön sijoitetun vapaan oman pääoman rahastoa ja takaisinostot vähentävät Yhtiön vapaata omaa pääomaa.

 

•      Takaisinostot toteutetaan Nokian yhtiökokouksen 3.4.2024 hallitukselle antaman valtuutuksen mukaisesti. Nokian osakkeita voidaan ostaa takaisinosto-ohjelman mukaan enintään 150 miljoonaa kappaletta, mikä vastaa noin kolmea prosenttia kaikista Nokian osakkeista.

 

•      Osakkeet hankitaan julkisessa kaupankäynnissä Nasdaq Helsingin säännellyllä markkinapaikalla sekä tietyissä monenkeskisissä kaupankäyntijärjestelmissä. Omia osakkeita ei hankita Yhdysvalloissa. Nokia on nimittänyt ulkopuolisen välittäjän osakkeiden takaisinosto-ohjelman järjestäjäksi. Järjestäjä tekee kaupankäyntipäätökset itsenäisesti Nokiasta riippumatta. Takaisinostot toteutetaan ns. turvasatamamenettelyllä EU:n markkinoiden väärinkäyttöasetuksen (EU N:o 596/2014) 5 artiklan mukaisesti.

 

•      Osakkeesta maksettava hinta määräytyy sen hankintahetkellä kullakin markkinapaikalla vallitsevan hintatason mukaisesti, noudattaen turvasatamamenettelyn mukaisia hinta- ja volyymirajoja.

 

Takaisinosto-ohjelma voidaan lopettaa ennen sen suunniteltua loppumisajankohtaa. Nokia julkaisee tällöin asiasta pörssitiedotteen.

 

 

Nokia

Nokia luo teknologiaa, joka auttaa maailmaa toimimaan yhdessä.

 

B2B-teknologia- ja innovaatiojohtajana olemme tulevaisuuden aistivien, ajattelevien ja älykkäiden verkkoratkaisujen edelläkävijä. Johtoasemamme pohjautuu osaamiseemme kiinteissä sekä matkapuhelin- ja pilvipalveluverkoissa. Luomme arvoa immateriaalioikeuksilla ja pitkäaikaisella tutkimus- ja kehitystyöllä palkitun Nokia Bell Labsin johdolla.

 

Avoimeen arkkitehtuuriin pohjautuvat tehokkaat verkkoratkaisumme integroituvat saumattomasti eri ekosysteemeihin ja luovat uusia mahdollisuuksia verkon kaupallistamiselle ja skaalaamiselle. Palveluntarjoajat, yritykset ja muut kumppanimme ympäri maailmaa luottavat Nokian verkkojen suorituskykyyn, vastuullisuuteen ja turvallisuusstandardeihin. Työskentelemme yhdessä kumppaneidemme kanssa kehittääksemme tulevaisuuden digitaalisia palveluita ja sovelluksia.

 

Lisätietoja:

 

Nokia

Viestintä

Puh. +358 10 448 4900

Sähköposti: press.services@nokia.com

Maria Vaismaa, viestintäjohtaja

 

Nokia

Sijoittajasuhteet

Puh. +358 40 803 4080

Sähköposti: investor.relations@nokia.com

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Nokia launches share buyback program to offset the dilutive effect of the Infinera acquisition

    

Nokia Corporation

Stock Exchange Release

22 November 2024 at 12:15 EET

 

Nokia launches share buyback program to offset the dilutive effect of the Infinera acquisition

 

Espoo, Finland – In line with the announcement made on 27 June 2024, Nokia Corporation ("Nokia" or the "Company") has today decided to launch a share buyback program to offset the dilutive effect of issuing new shares to the shareholders of Infinera Corporation and from Infinera's existing share-based incentives. The daily buyback volume is expected to increase following the completion of the Infinera acquisition, and the program will be terminated if the acquisition is cancelled.

 

The main terms of the share buyback program:

 

•      The program targets to repurchase 150 million shares, for an aggregate purchase price not exceeding EUR 900 million.

 

•      The repurchases will start at the earliest on 25 November 2024 and end latest by 31 December 2025.

 

•      The purpose of the repurchases is to reduce Nokia's capital to offset the dilution from issuing additional shares. The repurchased shares will be cancelled accordingly. The repurchases will be funded using the Company's funds in the reserve for invested unrestricted equity and the repurchases will reduce the Company's total unrestricted equity.

 

•      The repurchases are based on the authorization granted to the Board of Directors by Nokia's Annual General Meeting on 3 April 2024. The maximum number of shares that can be repurchased under the program is 150 million shares corresponding to approximately 3% of the total number of shares in Nokia.

 

•      The shares will be acquired through public trading on the regulated market of Nasdaq Helsinki and select multilateral trading facilities. No repurchases will be made in the United States. Nokia has appointed a third-party broker as the lead-manager for the buyback program. The lead-manager will make trading decisions independently of and without influence from Nokia. The repurchases will be carried out in accordance with the so-called safe harbour rules referred to in Article 5 of the EU Market Abuse Regulation (EU N:o 596/2014).

 

•      The price payable per share shall be determined in public trading on the relevant trading venue at the time of the repurchase, in compliance with the price and volume limits applicable under the safe harbour rules.

 

The program may be terminated prior to its scheduled end date and Nokia will in such case issue a stock exchange release to this effect.

 

 

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.

 

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.

 

Inquiries:

 

Nokia Communications

Phone: +358 10 448 4900

Email: press.services@nokia.com

Maria Vaismaa, Global Head of External Communications

 

Nokia

Investor Relations

Phone: +358 40 803 4080

Email: investor.relations@nokia.com

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Nokian hallitus päätti maksuttomasta osakeannista yhtiölle ja myöhemmin toteutettavasta suunnatusta osakeannista liittyen Infineran hankinnan suunniteltuun loppuunsaattamiseen

    

Nokia Oyj

Pörssitiedote

22.11.2024 klo 11.45

Nokian hallitus päätti maksuttomasta osakeannista yhtiölle ja myöhemmin toteutettavasta suunnatusta osakeannista liittyen Infineran hankinnan suunniteltuun loppuunsaattamiseen

 

Espoo – Nokian hallitus on päättänyt uusilla osakkeilla toteutettavasta 150 000 000 osakkeen suunnatusta maksuttomasta osakeannista Nokia Oyj:lle. Uudet osakkeet tullaan käyttämään myöhemmin 27.6.2024 Nokia Oyj:n, Neptune of America Corporationin ja Infinera Corporationin solmiman sulautumissopimuksen ja -suunnitelman ("Sulautumissopimus") mukaisten yhtiön velvoitteiden täyttämiseksi.

Nokia odottaa, että uudet osakkeet rekisteröidään kaupparekisteriin arviolta 25.11.2024 ja liitetään Euroclear Finland Oy:n ylläpitämään arvo-osuusjärjestelmään arviolta 25.11.2024. Nokian osakkeiden kokonaismäärä rekisteröinnin jälkeen on 5 763 496 565. Uudet osakkeet jäävät Nokia Oyj:n haltuun Sulautumissopimuksen mukaiseen suunniteltuun sulautumisen toteutumiseen saakka ja niiden odotetaan tulevan hyväksytyiksi kaupankäynnin kohteeksi muiden Nokian osakkeiden (NOKIA) kanssa Nasdaq Helsingissä arviolta 26.11.2024 ja Euronext Pariisissa arviolta 27.11.2024. Euronext Pariisi julkistaa erillisen tiedotteen, kun se on hyväksynyt uusien osakkeiden ottamisen kaupankäynnin kohteeksi Euronext Pariisissa.

Lisäksi Nokian hallitus on päättänyt yhtiön hallussa edellä mainitun annin seurauksena olevilla omilla osakkeilla toteutettavasta, enintään 150 000 000 Nokian osakkeen (NOKIA) suunnatusta osakeannista kattaakseen Sulautumissopimuksen mukaiset velvoitteensa osakkeiden toimittamisesta osakkeisiin oikeutetuille Infinera Corporationin osakkeenomistajille sulautumisen toteutumisen yhteydessä Sulautumissopimuksen mukaisesti. Sulautumisen toteutumisen odotetaan tapahtuvan vuoden 2025 ensimmäisen vuosipuoliskon aikana. Suunnattu osakeanti on ehdollinen Sulautumissopimuksen mukaiselle sulautumisen toteuttamiselle ja Nokian osakkeen (NOKIA) merkintähinta tulee olemaan Nokian osakkeen (NOKIA) päätöskurssi Nasdaq Helsingissä Sulautumissopimuksen mukaisena sulautumisen toteutumispäivänä. Nokian osakkeet (NOKIA) toimitetaan Infinera Corporationin Nokian osakkeisiin (NOKIA) oikeutetuille osakkeenomistajille Nokian vaihtoagentin (eng. Exchange Agent) toimesta American Depositary Shares -osaketalletustodistusten muodossa.

Siltä osin kuin uusia liikkeeseen laskettuja osakkeita ei tarvittaisi Nokian Sulautumissopimuksen mukaisten velvoitteiden täyttämiseen, hallitus on päättänyt suunnatusta, enintään edellä mainittujen yhtiön itselleen liikkeelle laskemien uusien osakkeiden määrän mukaisesta maksuttomasta osakeannista Nokian ja Infineran osakepalkkio-ohjelmien osallistujille. Näihin palkkio-ohjelmiin sisältyvät Nokian pitkän aikavälin osakepalkkio-ohjelmat 2021‒2023 ja 2024‒2026, Nokian henkilöstön osakesäästöohjelma 2024–2026 sekä Infinera Corporationin vuoden 2016 osakepalkkio-ohjelma, jonka Nokia ottaa vastatakseen Sulautumissopimuksen mukaisen sulautumisen jälkeen ("Osakepalkkio-ohjelmat"). Sulautumisen saaminen päätökseen Sulautumissopimuksen mukaisesti on edellytys sille, että Nokia ottaa Infineran osakepalkkio-ohjelman vastattavakseen.

Jokainen osaketoimitus ja vastaava muutos omien osakkeiden määrässä julkistetaan erikseen pörssitiedotteena.

Osakeantipäätökset perustuvat varsinaisen yhtiökokouksen 3.4.2024 hallitukselle antamaan valtuutukseen.

 

Nokia

Nokia luo teknologiaa, joka auttaa maailmaa toimimaan yhdessä.

 

B2B-teknologia- ja innovaatiojohtajana olemme tulevaisuuden aistivien, ajattelevien ja älykkäiden verkkoratkaisujen edelläkävijä. Johtoasemamme pohjautuu osaamiseemme kiinteissä sekä matkapuhelin- ja pilvipalveluverkoissa. Luomme arvoa immateriaalioikeuksilla ja pitkäaikaisella tutkimus- ja kehitystyöllä palkitun Nokia Bell Labsin johdolla.

 

Avoimeen arkkitehtuuriin pohjautuvat tehokkaat verkkoratkaisumme integroituvat saumattomasti eri ekosysteemeihin ja luovat uusia mahdollisuuksia verkon kaupallistamiselle ja skaalaamiselle. Palveluntarjoajat, yritykset ja muut kumppanimme ympäri maailmaa luottavat Nokian verkkojen suorituskykyyn, vastuullisuuteen ja turvallisuusstandardeihin. Työskentelemme yhdessä kumppaneidemme kanssa kehittääksemme tulevaisuuden digitaalisia palveluita ja sovelluksia. 

 

Lisätietoja:

 

Nokia

Viestintä

Puh. +358 10 448 4900

Sähköposti: press.services@nokia.com

Maria Vaismaa, viestintäjohtaja

 

Nokia

Sijoittajasuhteet

Puh. +358 40 803 4080

Sähköposti: investor.relations@nokia.com

 

Tulevaisuutta koskevat lausumat

 

Tietyt tässä esitetyt lausumat, jotka eivät koske jo toteutuneita seikkoja, ovat tulevaisuutta koskevia lausumia. Nämä tulevaisuutta koskevat lausumat heijastavat Nokian tämänhetkisiä odotuksia ja näkemyksiä tulevaisuuden kehityksestä. Näitä ovat esimerkiksi: A) odotukset, suunnitelmat, hyödyt tai näkymät, jotka liittyvät strategioihin, projekteihin, ohjelmiin, tuotejulkistuksiin, kasvun hallintaan, lisensseihin, vastuullisuus- ja muihin ESG-tavoitteisiin, liiketoimintamme operatiivisiin tunnuslukuihin sekä päätöksiin markkina-alueilta vetäytymiseksi; B) odotukset, suunnitelmat tai hyödyt, jotka liittyvät liiketoimintojemme tulevaan tulokseen (mukaan lukien mahdollisten maailmanlaajuisten pandemioiden, geopoliittisten konfliktien ja yleisen tai alueellisen makrotaloustilanteen vaikutukset, vaikutusten ajankohta ja kesto liiketoimintaamme, toimitusketjuumme, markkinoiden muutosten tai kysynnän käännekohtien ajoittumiseen ja asiakkaidemme liiketoimintaan) ja tuleviin osinkoihin ja muuhun voitonjakoon; C) odotukset ja tavoitteet, jotka koskevat taloudellista kehitystä ja liiketoiminnan tulosta, mukaan lukien markkinaosuus, hinnat, liikevaihto, tuotot, katteet, kassavirta, kustannussäästöt, saamisten ajoittuminen, liiketoiminnan kulut, varaukset, arvon alentumiset, verot, valuuttakurssit, suojaukset, investointivarat, inflaatio, tuotekustannusten alentuminen, kilpailukyky, tulojen syntyminen tietyllä alueella sekä lisenssitulot ja -maksut; D) toimeenpanokyky, odotukset, suunnitelmat tai hyödyt, jotka liittyvät meneillään oleviin transaktioihin, muutoksiin organisaatiorakenteessa tai toimintamallissa; E) oikeudenkäyntien/uusimisneuvottelujen vaikutus liikevaihtoon ja F) lausumat, jotka sisältävät tai joita edeltävät "jatkua", "uskoa", "arvioida", "odottaa", "tavoitella", "aikoa", "saattaa", "voi", "voisi", "nähdä", "suunnitella" tai muut vastaavat ilmaisut. Näihin tulevaisuutta koskeviin lausumiin liittyy lukuisia riskejä ja epävarmuustekijöitä, joista monet ovat meidän vaikutusvaltamme ulkopuolella, ja jotka voivat johtaa siihen, että varsinaiset tuloksemme eroavat merkittävästi näistä lausumista. Tällaiset lausumat perustuvat johdon parhaaseen arvioon ja käsitykseen niiden tietojen valossa, jotka sillä on tällä hetkellä saatavilla. Tulevaisuutta koskevat lausumamme ovat vain ennusteita, jotka perustuvat tämänhetkisiin odotuksiimme ja näkemyksiimme tulevaisuuden tapahtumista ja kehityksestä ja niihin liittyy erilaisia riskejä ja epävarmuustekijöitä, joita on vaikea ennustaa, koska ne liittyvät tulevaisuuden tapahtumiin ja ovat riippuvaisia olosuhteista tulevaisuudessa. Tekijät, mukaan lukien riskit ja epävarmuudet, jotka voisivat aiheuttaa näitä eroavaisuuksia sisältävät ne riskit ja epävarmuudet, joista on kerrottu 29.2.2024 julkaistun vuoden 2023 20-F-vuosikertomuksen Operating and financial review and prospects –Risk factors -kohdassa.

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Nokia Board of Directors resolved on issuing shares without consideration to the company and a subsequent directed issuance related to the planned completion of the Infinera Corporation acquisition

    

Nokia Corporation

Stock Exchange Release

22 November 2024 at 11:45 EET

Nokia Board of Directors resolved on issuing shares without consideration to the company and a subsequent directed issuance related to the planned completion of the Infinera Corporation acquisition

 

Espoo, Finland – Nokia's Board of Directors has resolved to issue 150 000 000 new shares in a directed share issuance without consideration to Nokia Corporation. The new shares will be later used to satisfy the company's obligations under the Agreement and Plan of Merger made and entered into as of 27 June 2024, by and among Nokia Corporation, Neptune of America Corporation and Infinera Corporation (the "Merger Agreement"). 

Nokia expects that the new shares will be registered with the Finnish Trade Register on or about 25 November 2024 and entered in the book-entry system maintained by Euroclear Finland Ltd on or about 25 November 2024. The total number of Nokia shares following the registration will equal 5 763 496 565. The new shares will remain in Nokia Corporation's treasury pending the planned completion under the Merger Agreement and are expected to be admitted to trading on Nasdaq Helsinki as of 26 November 2024, and on Euronext Paris as of 27 November 2024, together with other Nokia shares (NOKIA). Euronext Paris will publish a separate notice announcing the admission of the new shares to trading on Euronext Paris. 

Additionally, the Board of Directors has resolved on a directed issuance of a maximum number of 150 000 000 Nokia shares (NOKIA) held by Nokia Corporation, which the company holds in treasury as a result of the above-mentioned issuance to itself, to settle its commitments under the Merger Agreement in respect of shares to be delivered to eligible stockholders of Infinera Corporation upon the completion of the merger under the Merger Agreement. The completion under the Merger Agreement is expected to occur during the first half of 2025. The directed share issue is conditional on the completion of the merger under the Merger Agreement and the subscription price for the Nokia share (NOKIA) will be the closing price of the Company's share on Nasdaq Helsinki on the date of completion of the merger under the Merger Agreement. The Nokia shares (NOKIA) will be delivered to the eligible stockholders of Infinera Corporation by Nokia's Exchange Agent in the form of American Depositary Shares.  

To the extent that the newly issued shares would not be needed to settle Nokia's obligations under the Merger Agreement, the Board has resolved on a directed share issuance of up to the total amount of the aforementioned newly issued shares without consideration to participants of Nokia's and Infinera's equity programs. These programs include Nokia LTI Plans 2021‒2023 and 2024–2026, Nokia Employee Share Purchase Plan 2024‒2026 and 2016 Equity Incentive Plan of Infinera Corporation which will be assumed by Nokia following completion of the merger under the Merger Agreement ("Equity Programs"). The assumption by Nokia of the Infinera Incentive Plan is subject to the completion of the merger under the Merger Agreement. 

Each delivery of shares and the corresponding change in the number of Nokia's own shares will be published separately by a stock exchange release.  

The resolutions to issue shares are based on the authorization granted to the Board of Directors by the Annual General Meeting on 3 April 2024. 

 

 

 

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.

 

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.

 

Inquiries:

 

Nokia Communications

Phone: +358 10 448 4900

Email: press.services@nokia.com

Maria Vaismaa, Global Head of External Communications

 

Nokia

Investor Relations

Phone: +358 40 803 4080

Email: investor.relations@nokia.com

 

Forward-looking statements 

Certain statements herein that are not historical facts are forward-looking statements. These forward-looking statements reflect Nokia's current expectations and views of future developments and include statements regarding: A) expectations, plans, benefits or outlook related to our strategies, projects, programs, product launches, growth management, licenses, sustainability and other ESG targets, operational key performance indicators and decisions on market exits; B) expectations, plans or benefits related to future performance of our businesses (including the expected impact, timing and duration of potential global pandemics, geopolitical conflicts and the general or regional macroeconomic conditions on our businesses, our supply chain, the timing of market changes or turning points in demand and our customers' businesses) and any future dividends and other distributions of profit; C) expectations and targets regarding financial performance and results of operations, including market share, prices, net sales, income, margins, cash flows, cost savings, the timing of receivables, operating expenses, provisions, impairments, taxes, currency exchange rates, hedging, investment funds, inflation, product cost reductions, competitiveness, revenue generation in any specific region, and licensing income and payments; D) ability to execute, expectations, plans or benefits related to our ongoing transactions and changes in organizational structure and operating model; E) impact on revenue with respect to litigation/renewal discussions; and F) any statements preceded by or including "continue", "believe", "envisage", "expect", "aim", "will", "target", "may", "would", "see", "plan" or similar expressions. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from such statements. These statements are based on management's best assumptions and beliefs in light of the information currently available to them. These forward-looking statements are only predictions based upon our current expectations and views of future events and developments and are subject to risks and uncertainties that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. Factors, including risks and uncertainties that could cause these differences, include those risks and uncertainties specified in our 2023 annual report on Form 20-F published on 29 February 2024 under Operating and financial review and prospects – Risk factors. 

 

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