Nokia AIMS boosts warehouse efficiency with industry-first, true automated inventory counting capability

    

Press Release

Nokia AIMS boosts warehouse efficiency with industry-first, true automated inventory counting capability

• New, true inventory counting service is an add-on to AIMS' autonomous drone service.
• Enables warehouses to automate inventory counting with higher accuracy and increased efficiency than manual counting.
• AIMS boosts worker safety, productivity and reassignment from cycle counting to higher-value tasks.
  
  

5 August 2024

Murray Hill, New Jersey – Nokia today announced the launch of the industry-first, true inventory counting capability for Nokia Autonomous Inventory Monitoring Service (AIMS), enabling warehouse operators to utilize autonomous drones to individually count items, such as eaches, cases or cartons, in any racked inventory location accurately and efficiently.

 

Warehouse shrinkage can account for 3-5% of a company's revenue and 25% of shrinkage is due to administrative errors¹. This combined with continued pressure to fulfill orders rapidly has pushed warehouse operators to a tipping point of futureproofing and automating operations to gain a business edge.

 

The new inventory counting capability adds to Nokia AIMS' current features of finding misplaced and lost inventory, as well as empty bin detection. If a human worker can count inventory from the aisle, the Nokia AIMS drone can count it too. Identified inventory counts are then compared with warehouses' existing WMS or ERP systems to identify any quantity mismatches.

 

Whereas typical cycle counts use the ABC method, where inventory is counted based on varying frequency, Nokia AIMS efficiently checks every location much more frequently, to ensure customers get a more accurate, reliable and complete picture of their inventory.

 

Nokia AIMS is delivered as a service in a complete solution comprising of drones, software and a cloud-based user interface. A Nokia AIMS drone can complete cycle counts approximately 7-10 times faster than human workers or around 300 inventory locations per hour. AIMS can provide customers with a 40% or greater ROI and deliver immediate value on the day it is launched.

 

Inventory counting capability is now available to customers in the United States. Existing Nokia AIMS customers will automatically gain access to this capability via a software update with no additional costs. New Nokia AIMS customers who sign up in 2024 will receive this capability for free, for one year.

 

Paul Heitlinger, General Manager, AIMS at Nokia, said: "Empowering warehouse operators with a competitive edge and keeping them at the forefront of automation is at the heart of what Nokia AIMS does. We are excited to launch an industry-first, true inventory counting capability for new and existing customers, wherever and whenever. With it, customers can not only gain peace of mind as our drones are designed to work while customers sleep but also free up human workers for high-value tasks that make a difference for their businesses."

 

Spun out from Nokia Bell Labs, Nokia AIMS reflects the deep heritage of utilizing emerging technology, such as AI and automation, to develop revolutionary technology advancements that are human by design and answer the industry's biggest demands.

 

Resources and additional information
Webpage: Autonomous Inventory Monitoring Service

 

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.

 

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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¹ Gitnux Report 2024: Warehouse Inventory Shrinkage Statistics: Employee Theft Dominates Industry Losses

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Bounteous x Accolite and Nokia sign agreement to boost network API use-case development leveraging 5G capabilities

    

 

Press release

Bounteous x Accolite and Nokia sign agreement to boost network API use-case development leveraging 5G capabilities

• Bounteous x Accolite, headquartered in the US with offices in Europe, North America, and Asia, will utilize Nokia's Network as Code platform with developer portal, starting with its European entity.
• The two companies will initially focus on use cases in areas of health care, gaming, and utilities.

 

1 August 2024

Espoo, Finland – Bounteous x Accolite, a global digital transformation services consultancy, has signed an agreement to utilize Nokia's Network as Code platform with developer portal, with the aim of creating new use cases in areas like health care and gaming that harness 5G network capabilities.

 

The agreement further expands the API ecosystem that Nokia is building with operators, systems integrators, software developers, and hyperscalers around the world to tap network capabilities and monetize network assets through the creation of new use cases for consumer, enterprise, and industrial customers.

 

The Network as Code platform brings those parties together into a unified ecosystem, which simplifies network complexities by abstracting them and exposing developer-friendly interfaces. These interfaces enable developers to deploy applications seamlessly across multiple public and private networks.

 

Using the platform, Bounteous x Accolite developers will gain access to operator networks via Software Development Kits (SDK); network API documentation; a 'sandbox' to create software code for use case simulation and testing; and code 'snippets' that can be included in new applications. Those tools allow developers to leverage network capabilities, like quality of service (QoS) on demand, and create new use cases and value for their customers.

 

Bounteous x Accolite and Nokia are initially focusing on enabling health care applications that allow patients and hospitals, for example, to track ambulance location to accelerate response times in emergency situations. Bounteous x Accolite works across a range of industries, including telecommunications and media, health care, financial services, and media, to strengthen customer online experiences with greater product offerings and service delivery.

Since its launch almost one year ago, Nokia has signed collaboration agreements with 17 network operators and ecosystem partners in Europe, North and South America, and Asia to use the Network as Code platform.

 

Sanjeev Kumar, General Manager Telecom & Media, at Bounteous x Accolite said: "We are very pleased to start this journey with Nokia and to seize the growing opportunity of helping operators deliver greater value from their networks and Nokia's Network as Code platform. This agreement is a testament to Bounteous x Accolite's ongoing commitment to deliver the best digital experiences to customers through our engineering capabilities and partnership with innovative companies."

 

Shkumbin Hamiti, Head of Network Monetization Platform, Cloud and Network Services at Nokia said: "We are thrilled to bring Bounteous x Accolite into the growing ecosystem of partners utilizing network APIs. With its advanced technology solutions and developer capabilities, Bounteous x Accolite is well-placed to tap the valuable capabilities that 5G and 4G networks offer and create new forms of value for its customers."

 

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.

 

Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create future digital services and applications.

 

About Bounteous x Accolite

Bounteous x Accolite makes the future faster for the world's most ambitious brands. Our services span Strategy, Analytics, Digital Engineering, Cloud, Data & AI, Experience Design, and Marketing. We are guided by Co-Innovation, our proven methodology of collaborative partnership. Bounteous x Accolite brings together 5000+ employees spanning North America, APAC, and EMEA, and partnerships with leading technology providers. Through advanced digital engineering, technology solutions, and data-driven digital experiences, we create exceptional and efficient business impact and help our clients win. For more information, please visit www.bounteous.com. For the most up-to-date news, follow us on Twitter, LinkedIn, Facebook, and Instagram.

 

Nokia Communications, Corporate

Email: Press.Services@nokia.com

 

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Nokia extends its Fixed Networks Connected Partner program with two OSS/BSS suppliers Sonar and Camvio

    

 

Press Release

Nokia extends its Fixed Networks Connected Partner program with two OSS/BSS suppliers Sonar and Camvio

• Nokia Connected Partner Program (CPP) enables Operations Support System/Business Support System (OSS/BSS) vendors to achieve interoperability with Nokia's solutions.
• Achieving interoperability helps reduce the cost, time and risk of deploying fiber broadband services.
• The addition of Sonar and Camvio increases the number of OSS/BSS vendors in the Nokia CPP to thirteen.
  
  

29 July 2024

Espoo, Finland – Nokia today announced that Sonar and Camvio, two leading billing and operational software providers, have joined its Connected Partner Program (CCP). This program aims to reduce the risk, cost and time required to implement, modify, and maintain OSS interoperability with Nokia Fixed Network solutions. Sonar and Camvio successfully integrated their solutions with Nokia's Altiplano Access Controller to fully support and automate network management and service delivery processes for fiber-to-the-home services. This initiative supports service providers in expanding their fixed access network business and successfully advancing their digital transformation goals.

 

The CPP allows Internet Service Providers (ISPs) and network operators to choose back-office solutions that best fit their business needs without facing the integration challenges typically associated with implementation. This can include various management capabilities including service provisioning, configuration, fault, performance, and inventory management. Independent software vendors in the program collaborate closely with Nokia to ensure their OSS/BSS software solutions are interoperable, accelerating the system design and reducing integration costs with high-quality, pre-validated solutions. The program also offers training, tools, and support for integrating, maintaining, and modifying OSS/BSS solutions, providing full access to Nokia Altiplano's programable and open interfaces.

 

Ray Bixler, CEO at Sonar, said: "The future of the ISP industry lies in automation and seamless integration between platforms. By collaborating with Nokia, we're enabling ISPs to harness the combined power of our platforms to achieve significant levels of efficiency and agility. Our joint solution empowers ISPs to automate provisioning, enhance network monitoring, and streamline critical back-office functions, allowing them to focus on delivering exceptional service and grow their business."

 

Amir Heydarkhan, CTO at Camvio, said: "Camvio and Nokia's shared alignment and commitment to open APIs has facilitated the rapid integration of Camvio with Nokia's Altiplano solution to help simplify FTTH deployments. We are excited to be working with Nokia, which has the right-sized solutions for all of our customer's needs, including BABA-compliant products that are now available for BEAD program grants. Together, we can help broadband operators achieve enhanced operational efficiency, streamlined processes, and reduced downtime."

 

David Eckard, VP of Broadband Partners at Nokia, said: "We are excited to welcome Sonar and Camvio to our growing Connected Partner Program. By combining our open APIs and advanced software-defined networking products with their expertise in back-office billing and operations, we are delivering complete solutions that help our customers streamline their operations and advance their digital transformation goals. Through our program, operators of all sizes can leverage best-in-class products to eliminate error-prone manual processes, accelerate service delivery, and improve overall network performance."

 

Resources and additional information

Website: Nokia Fixed Networks OSS Connected Partner Program | Nokia

Website: Nokia Altiplano Platform

 

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.

 

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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Nokia expands its FWA portfolio with new 5G devices for North American market

    

 

Press Release

Nokia expands its FWA portfolio with new 5G devices for North American market

• New 5G FWA devices use high-gain antennas to help North American operators efficiently deliver FWA broadband services across urban and suburban environments.
• Nokia's outdoor window mount receiver improves radio efficiency by up to 60%, while maintaining easy self-installation.
• New Nokia indoor gateway offers the ultimate consumer experience delivering 5G speeds throughout the home with tri-band Wi-Fi 7. 

25 July 2024

Espoo, Finland—Nokia today announced that it is adding a new 5G Fixed Wireless Access outdoor receiver and indoor gateway with Wi-Fi 7 to its growing portfolio of FWA broadband access products. Designed to meet the unique demands of the North American region, the new solutions support a broad range of 4G and 5G bands, including Citizens Broadband Radio Service (CBRS). The solution provides a real opportunity to close connectivity gaps that still exist in many parts of North America.

 

Nokia's expanded portfolio helps advance 5G FWA services in North America, ensuring operators can easily connect consumers across rural, suburban, and urban environments. The new Nokia FastMile 5G receiver features high-gain antennas (up to 10 dBi) in a compact design that can be self-installed by the consumer on the outside of a window, wall, balcony, or pole. With 4 carrier aggregation and up to 300MHz of bandwidth, the 5G receiver maximizes throughput in locations where signals may be weak.

 

Nokia's new FastMile indoor 5G Gateway 12 drastically improves capacity and coverage by up to 35% using high gain antennas (up to 8 dBi) and 8 receiver antennas. The gateway comes with up to 200MHz of spectrum support to enable high-speed broadband access over the 5G network. It also utilizes tri-band Wi-Fi 7 to extend 5G speeds throughout the home. The FastMile 5G Gateway 12 is powered by Nokia's Corteca software, which supports value-added applications embedded in the device, cloud-based Wi-Fi optimization, and Wi-Fi device management based on open industry standards and EasyMesh.

 

To help operators simplify and streamline installation, customers can access a simple, user-friendly mobile app that helps identify the optimal location to install the Nokia FWA receiver and gateway.

 

Dirk Verhaegen, VP of Broadband Devices at Nokia, said: "Using Fixed Wireless Access to connect end customers to fast internet access requires more than just one type of device. Nokia's FastMile solutions provide operators with options, bringing fast, reliable broadband to people no matter where they live—whether it's in bustling cities, quiet suburbs, or even remote rural areas."

 

Jaimie Lenderman, Research Manager and Principal Analyst at Omdia, said: "The number of Fixed Wireless Access (FWA) subscribers in North America is projected to increase from 11.6 million in 2023 to 25 million by 2028. This growth is driven by the considerable advantages FWA offers in terms of cost-efficiency and rapid deployment, especially where wireline solutions are less feasible. However, challenges such as signal interference, limited range, and reliance on line-of-sight conditions still impact the widespread adoption of FWA by operators. Innovations like Nokia's FastMile gateway solution are mitigating these issues, enabling operators to deliver high-speed FWA broadband services to users regardless of their location."

 

The new Nokia 5G FWA receiver and gateway will be available in Q3 2024. Both join Nokia's comprehensive portfolio of customer premise equipment which includes 4G and 5G receivers and gateways for outdoor and indoor use.

 

Nokia 5G FWA receiver details

• High Gain Antenna up to 10dBi  
• Bandwidth aggregation up to 300MHz
• 2.5GE LAN port, TR-069 & TR-369 support

Nokia 5G FWA gateway with Wi-Fi 7 details

• High Gain Antenna up to 8dBi  
• Bandwidth aggregation up to 200MHz
• 8 Rx antennas

Resources and additional information

Webpage: 5G Gateway 12

Webpage: 5G Receiver 5G16-B

 

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.

 

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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Nokia launches Broadband Easy Connect to simplify fiber home connections

    

Press Release

Nokia launches Broadband Easy Connect to simplify fiber home connections

• Nokia's new subscription-based service uses AI and cloud-based technologies to help operators automate and optimize the entire fiber connection process, from end-user requests to service activation.
• Nokia Broadband Easy Connect helps operators cut repeat visits in half, speeding up fiber deployment by 20%.
• The solution accelerates fiber home connections, boosting efficiency and success rates for operators.
  
  

24 July 2024

Espoo, Finland – Nokia today announced the launch of Broadband Easy Connect, a new subscription-based service that helps operators streamline, simplify and accelerate the process of connecting homes to fiber. The service allows operators to fully control and manage the home fiber connection process from the initial end-user request to the final service activation.  

 

As fiber deployments increase globally, operators face challenges in cost-effectively connecting subscribers. Over 30% of home connections are not executed to plan due to manual procedures, inaccurate data, and tight schedules, leading to multiple truck rolls. This inflates costs and prolongs connection times, significantly impacting total CAPEX. Efficient processes, field quality, and data accuracy are crucial for successful deployments.

 

A subscription to Nokia's Broadband Easy Connect gives operators, their subcontractors, and retailers access to a cloud-based platform that helps automate the process of connecting end users to the fiber network. With workflow tools that can be tailored to the operator's needs and seamlessly integrated into the IT environment, Broadband Easy Connect can automate the processes tied to scheduling customer visits, dispatching engineers, and verifying field operations. Nokia's solution also provides field engineers with access to a number of productivity tools such as ONT Easy Start and Optical Link Certifier, which provide automated service activation and end-to-end line testing. The cloud platform also allows field engineers to use AI computer vision models to validate port assignment and ensure all passive components are installed properly.

 

Based on Nokia's extensive experience in fiber deployments, which has helped operators connect over 300 million homes worldwide, the solution reduces the time spent on each home connection and ensures a consistent user experience. 

 

Sandra Motley, President of Fixed Networks at Nokia, said: "With Broadband Easy Connect, we make it simple, fast and cost-effective for operators to set up home fiber installations. This means happier customers and a growing fiber business. Operators can get it right the first time 95% of the time and cut repeat visits in half, speeding up fiber deployment by 20%."

 

Piotr Wieczokiewicz, COO of Nexera, said: "Nokia has been a trusted service partner for many years, providing services and platforms that allow us to meet our challenging targets to build the fiber infrastructure and connect end-users first time right, in time and in budget."

 

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.

 

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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Nokia and eir to extend IP collaboration to support growing customer base for new services across Ireland

    

 

Press release

Nokia and eir to extend IP collaboration to support growing customer base for new services across Ireland

• New 400/800GE IP backbone to support growth in data traffic from eir's fixed and mobile subscribers.
• eir will use Nokia's service router platform powered by its latest in-house FP5 routing silicon for greater capacity, power efficiency and security.

 

23 July 2024

Dublin, Ireland: eir, Ireland's leading telecommunications company, and Nokia today announced the extension of its IP collaboration to support the evolving needs and expectations of its customers with access to world-class technology and connectivity solutions.

 

The agreement will see eir introduce the latest 400/800GE IP backbone for larger capacity to meet future traffic growth and Nokia's 7750 Service Router, powered by Nokia's in-house routing silicon, FP5, for greater flexibility, power efficiency and security. This move will support eir's commitment to provide the most reliable and unparalleled connectivity and service to every corner of Ireland.

 

Fergal McCann, Chief Technology Officer at eir, said: "This announcement further supports our strategy to 'Connect for a Better Ireland', enabling access to the latest technology and fastest speeds and to grow our network capacity to meet continued customer and traffic growth. eir is delighted to continue to grow its collaboration with Nokia for IP Network Infrastructure delivering future-proof and highly reliable network technology for our customers."

 

Phil Siveter, CEO, UK and Ireland at Nokia, said: "eir has been a strategic customer for Nokia's Network Infrastructure business for many years with our IP collaboration starting more than 15 years ago. We are delighted to extend our reach to include our latest IP routing technology and solutions to further support eir's commitment to the quality of its services across Ireland now and in the future."

 

Resources and additional information 

Webpage: 7750 Service Router
Webpage: FP5 Network Processor Technology  

 

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.  

 

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 Eir

eir is the principal provider of fixed-line and mobile telecommunications services in Ireland with approximately 2 million customers. eir has the most extensive telecommunications network in Ireland both in terms of capacity and geographic reach. The Group provides a comprehensive range of advanced voice, data, broadband and TV services to the residential, small business, enterprise, and government markets. eir's mobile division operates under the eir Mobile and GoMo brands. In addition, the wholesale division, open eir, is the largest wholesale operator in Ireland, providing products and services, across a range of regulated and unregulated markets.

 

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Email: Press.Services@nokia.com

 

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Nokia and Bharti Airtel complete successful 5G NSA Cloud RAN trial in India

    

Press Release

Nokia and Bharti Airtel complete successful 5G NSA Cloud RAN trial in India

• First 5G NSA Cloud RAN trial adds to Nokia's multiple 5G Cloud RAN references.
• Significant milestone in Airtel's network evolution, diversifying portfolio in building scalable networks with agility and highly automated processes.
• Nokia's anyRAN approach allows operators to evolve their networks to a hybrid RAN environment with both Cloud RAN and purpose-built RAN deployments co-existing delivering a high-quality performance.
  
  

22 July 2024

Espoo, Finland – Nokia today announced that it has successfully completed its first 5G non-standalone (NSA) Cloud RAN trial with Bharti Airtel (Airtel) in India. The project supports Airtel's strategy of delivering a superior customer experience using high-performing networks. It is expected to deliver higher levels of service innovation, higher network automation, flexibility and efficient scaling of resources to support end-user services.

 

The trial took place in an over-the-air environment utilizing 3.5 GHz spectrum for 5G and 2100 MHz for 4G. Data calls were successfully performed with commercial user devices over Airtel's commercial network achieving a throughput of over 1.2 Gbps. The trial utilized Nokia's RAN Software for virtualized Distributed Unit (vDU) and virtualized Centralized Unit (vCU) running on x86 Hardware with a CaaS layer. The trial also used Nokia's L1 acceleration that will enable enhanced power efficiency and support Nokia's anyRAN benefits of using common RAN software with the purpose-built part of the network. This will enable common functionality and performance across the hybrid network.

 

The trial marks a significant milestone in Airtel's overall cloudification journey and supports the operator's ambition of bringing cloud networking benefits, such as scalability and agility, to their network.

 

Nokia's anyRAN is an open approach to building future-ready radio access networks together with an ecosystem of best-in-class industry partners. It's designed to give mobile operators and enterprises a collaborative advantage by offering them more flexibility in their choice of cloud infrastructure software, hardware, and technology suppliers. Operators can evolve their networks to a hybrid RAN approach with both Cloud RAN and purpose-built RAN deployments co-existing, delivering a consistent, high-quality performance.

 

Randeep Sekhon, Chief Technology Officer at Bharti Airtel, said: "This successful Cloud RAN trial is a significant step forward in our consistent efforts to integrate the latest and most efficient technologies into our network and leverage these to deliver brilliant customer experiences. This partnership with Nokia has enabled us to pioneer innovative solutions to upgrade our capabilities in 5G."

 

Tommi Uitto, President of Mobile Networks at Nokia, said: "This successful trial with our long-term partner, Bharti Airtel supports their ambitions for building scalable, agile and highly automated networks. Nokia's approach to Cloud RAN means that our customers can flexibly evolve to Cloud RAN with choices in Cloud infrastructure and data center hardware. This will drive efficiency, innovation, openness, and scale in their RAN evolution."  

 

Resources and additional information

Webpage: Nokia AirScale Cloud RAN
Webpage: Nokia anyRAN
Webpage: Nokia AirScale Baseband  
Press release: Nokia launches anyRAN to drive CloudRAN partnerships enabling flexibility for mobile network operators and enterprises
Press release: Nokia demonstrates Cloud RAN flexibility with Arm and HPE
Press release: Nokia and Elisa successfully complete Europe's first Cloud RAN trial powered by In-Line acceleration

 

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.

 

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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Nokia nopeuttaa omien osakkeiden takaisinostoja

    

Nokia Oyj

Pörssitiedote

19.7.2024 klo 16:00 EEST

Nokia nopeuttaa omien osakkeiden takaisinostoja

 

Espoo – Nokia Oyj ("Nokia" tai "Yhtiö") on 18.3.2024 julkistanut omien osakkeiden takaisinosto-ohjelman ensimmäisen vaiheen aloittamisen ja 18.7.2024 ilmoitetun mukaisesti on tänään päättänyt nopeuttaa takaisinostojen toteuttamista korottamalla vuoden 2024 aikana tehtävien takaisinostojen määrää.

 

Takaisinosto-ohjelman käynnissä olevan vaiheen keskeinen sisältö kasvattamisen jälkeen:

 

• Nokian osakkeiden hankintaan käytettävä kokonaissumma on enintään 600 miljoonaa euroa (korotus aikaisemmin ilmoitetusta 300 miljoonasta eurosta). Koska ohjelman puitteissa on vuoden 2024 aikana ostettu omia osakkeita noin 132 miljoonan euron arvosta, loppuvuoden aikana toteuttavien ostojen arvo on noin 468 miljoonaa euroa.
• Korotetut takaisinostot alkavat aikaisintaan 22.7.2024 ja päättyvät viimeistään 31.12.2024.
• Takaisinostojen tarkoituksena on optimoida Nokian pääomarakennetta alentamalla omaa pääomaa. Takaisinostetut osakkeet mitätöidään 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 enintään 400 miljoonaa kappaletta (korotus aikaisemmin ilmoitetusta 200 miljoonasta kappaleesta), mikä vastaa noin seitsemää 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.

 

Nokia voi lopettaa takaisinosto-ohjelman 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 matkapuhelin-, kiinteissä ja pilvipalveluverkoissa. Luomme arvoa immateriaalioikeuksilla ja pitkäaikaisella tutkimus- ja kehitystyöllä palkitun Nokia Bell Labsin johdolla.

 

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

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Nokia accelerates its share buybacks

    

Nokia Corporation

Stock Exchange Release

19 July 2024 at 16:00 EEST

 

Nokia accelerates its share buybacks

Espoo, Finland – Nokia Corporation ("Nokia" or the "Company") has on 18 March 2024 announced the first phase of its share buyback program and, in line with the announcement made on 18 July 2024, has today decided to accelerate its share buybacks by increasing the number of shares to be repurchased during the year 2024.

 

The main terms of the ongoing phase of the share buyback program post-increase:

• The aggregate purchase price of all Nokia shares to be acquired shall not exceed EUR 600 million (an increase from the initially announced EUR 300 million). As repurchases for an aggregate purchase price of approximately EUR 132 million have already been executed in 2024, the aggregate purchase price for shares to be acquired during the remainder of the year is approximately EUR 468 million.
• The post-increase repurchases will start at the earliest on 22 July 2024 and end by 31 December 2024.
• The purpose of the repurchases is to optimize Nokia's capital structure through the reduction of capital. The repurchased shares will be cancelled accordingly. The repurchases will be funded using funds in the reserve for invested unrestricted equity and the repurchases will reduce total unrestricted equity.
• The repurchases are based on the authorization granted by Nokia's Annual General Meeting on 3 April 2024. The maximum number of shares that can be repurchased under the program is 400 million shares (an increase from the initially announced 200 million shares) corresponding to approximately 7 % 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.

 

Nokia may terminate the program prior to its scheduled end date and 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.

 

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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