Core Viewpoint - Subsea 7 is a global leader in offshore project delivery and services for the energy industry, focusing on sustainable value creation and efficient offshore solutions [1]. Group 1: Company Information - Subsea 7 is listed on the Oslo Børs under the ticker SUBC, with ISIN LU0075646355 and LEI 222100AIF0CBCY80AH62 [1]. - The company has scheduled two dividend payments of NOK 6.50 each for the year 2025 [1][3]. - The ex-dividend date for the announced dividend is set for 14 May 2024 [3]. Group 2: Contact Information - Katherine Tonks serves as the Investor Relations Director for Subsea 7, with contact details provided for investment community inquiries [2].

Core Insights - Nokia has been selected by CoreSite to provide an IP routing-based edge and core network solution across 30 data centers in 11 U.S. markets, addressing the needs of data-intensive applications and AI workloads [1][9] - The collaboration aims to enhance performance, scalability, and reliability of CoreSite's network infrastructure, ensuring compliance with industry standards for service availability [2][3] Company Solutions - The Nokia 7250 Interconnect Router (IXR-s) will deliver advanced routing capabilities and high-capacity throughput, while the Nokia 7750 Service Router (SR) will ensure massive scale and reliability for IP interconnectivity [4][9] - Nokia's FP5 silicon technology supports high throughput and reliability, enabling uninterrupted data flows and scaling traffic without performance degradation [4][9] Operational Efficiency - The integration of Nokia's Service Router Operating System (SR OS) with CoreSite's existing infrastructure is expected to accelerate deployment times and significantly reduce operational costs [5][9] - The partnership allows CoreSite to effectively manage increased traffic demands while providing low latency and reliable interconnection services essential for the digital economy [6][9] Industry Context - As demand for data-intensive services grows, data center infrastructure must evolve to deliver high performance and scalable networking, alongside advanced cooling and high-density power solutions [2][9] - CoreSite's focus on interconnection and digital transformation initiatives positions it as a leader in the data center market, catering to the increasing demands of critical workloads like AI [11]

Core Insights - Nokia is enhancing Optus's 5G network capabilities and coverage in regional Australia through the deployment of advanced technologies [1][8] - The partnership aims to provide faster data speeds and improved customer experience, particularly in underserved areas [5][6] Group 1: Technology Deployment - Nokia will deploy Habrok Massive MIMO radios and Levante ultra-performance baseband solutions to improve Optus's network performance [1][7] - The Habrok 32 radios offer a 33% increase in output power while reducing power consumption, making them suitable for both new deployments and site modernization [2][3] - The Levante baseband capacity card is designed to enhance scalability and reduce energy consumption by 50% compared to previous generations [3][6] Group 2: Energy Efficiency and Sustainability - Optus will utilize the 'Extreme Deep Sleep' mode of Habrok technology to minimize energy consumption without compromising network performance [3][6] - Nokia's ReefShark SoC technology contributes to energy efficiency and supports advanced AI capabilities in the network [4][6] Group 3: Strategic Importance - The upgrade is part of Optus's commitment to improving connectivity for customers in regional areas, enabling better streaming and content sharing [5][8] - The collaboration strengthens the long-term partnership between Nokia and Optus, focusing on network modernization and sustainability [6][7]

Core Insights - Nokia is enhancing Optus's 5G network capabilities and coverage in regional Australia through the deployment of advanced technologies [1][8] - The partnership aims to provide faster data speeds and improved customer experience, particularly in underserved areas [5][6] Group 1: Technology Deployment - Nokia will deploy Habrok Massive MIMO radios and Levante ultra-performance baseband solutions to improve Optus's network performance [1][7] - The Habrok 32 radios offer a 33% increase in output power while reducing power consumption, making them suitable for both new deployments and site modernization [2][3] - The Levante baseband capacity card is designed to enhance scalability and reduce energy consumption by 50% compared to previous generations [3][6] Group 2: Energy Efficiency and Sustainability - Optus will utilize the 'Extreme Deep Sleep' mode of Habrok technology to minimize energy consumption without compromising network performance [3][6] - Nokia's ReefShark SoC technology contributes to energy efficiency and supports advanced AI capabilities in the network [4][6] Group 3: Strategic Importance - The upgrade is part of Optus's commitment to improving connectivity for customers in regional areas, enabling better streaming and content sharing [5][6] - The collaboration strengthens the long-term partnership between Nokia and Optus, focusing on network modernization and sustainability [6][8]

Core Viewpoint - The article discusses the rise and fall of Nokia, highlighting how it once dominated the mobile phone market but ultimately succumbed to competition from Apple and other tech giants, illustrating the broader narrative of Europe's struggle in the tech industry against the U.S. [3][10][80] Group 1: Historical Context - Nokia's transformation from a rubber factory to a tech giant took just ten years, showcasing its early strategic advantages in global supply chains and technology [9][10]. - The launch of the iPhone in 2007 marked a pivotal moment, as Nokia recognized the threat posed by Apple's innovative approach to mobile technology [4][5]. Group 2: Leadership and Strategy - Jorma Ollila, Nokia's third-generation leader, took over during a time of crisis and successfully led the company to capture 40% of the global mobile market by focusing on innovation and strategic investments [15][46]. - The leadership styles of Nokia's first two leaders, Björn Westerlund and Kari Kairamo, shaped the company's culture and strategic direction, with Kairamo pushing for a more open and innovative environment [44][30]. Group 3: Technological Advancements - Nokia was instrumental in the development of the GSM standard, which became the dominant mobile communication technology in Europe, allowing it to lead the market in the 1990s [49][50]. - The introduction of the Nokia 1011, the world's first GSM phone, marked a significant milestone, leading to widespread adoption and establishing Nokia as a household name [54][56]. Group 4: Competitive Landscape - The competition between Nokia and Apple represents a shift in the tech landscape, where design and user experience became critical factors for success, contrasting with Nokia's earlier focus on hardware [8][64]. - Nokia's failure to adapt to the smartphone revolution and its reliance on the outdated Symbian OS led to a rapid decline in market share as competitors like Apple and Android gained traction [68][74]. Group 5: Lessons and Implications - The rise and fall of Nokia serve as a cautionary tale for companies about the importance of innovation, adaptability, and understanding market dynamics [80][82]. - The article emphasizes the need for companies to maintain strong relationships with allies, users, and developers to sustain competitive advantages in rapidly changing industries [77][82].

Investment Rating - The report maintains an "Outperform" rating for the telecommunications industry [2] Core Viewpoints - The report suggests that the long-standing trade friction between China and the U.S. may ease, leading to potential benefits for the Chinese industry [10][11] - It highlights that Chinese manufacturers are becoming indispensable in the international supply chain, particularly in the IoT module market and AI hardware supply [11] - The report anticipates adjustments in AI chip export restrictions, which could alter the competitive landscape in the AI sector [12][13] Summary by Sections Investment Strategy - **U.S.-China Trade Relations**: The report indicates that U.S.-China negotiations may begin, with expectations of tariff reductions, particularly on the current 145% tariffs imposed by the U.S. [10] - **Chinese Industry Benefits**: It notes that Chinese firms dominate the global IoT module market, holding over 50% market share among the top three manufacturers [11] - **AI Chip Export Regulations**: The report discusses potential relaxations in AI chip export restrictions by the U.S., which could significantly impact American companies, especially in the context of the growing Chinese AI market projected to reach $50 billion [12][13] Industry News - **Low-altitude Economy in Wuhan**: Wuhan plans to establish 1,000 low-altitude takeoff and landing sites, aiming for a 20% increase in the low-altitude economy [14] - **Alibaba's ZeroSearch**: Alibaba has open-sourced the ZeroSearch model, significantly reducing costs by over 87% while enhancing search capabilities [15] - **Starlink in India**: Starlink has received approval to provide satellite communication services in India, which may accelerate satellite internet development globally [16] - **Shenzhen's 5G Network**: Shenzhen is constructing a comprehensive "5G + millimeter wave + satellite" network, aiming for full coverage and improved infrastructure [17] Weekly Review and Focus - **Market Performance**: The telecommunications sector saw a slight increase of 0.02%, underperforming compared to major indices, with notable gains in optical modules and low-altitude economy sectors [18][21] - **Investment Recommendations**: The report suggests focusing on companies involved in the overseas supply chain, such as Yiyuan Communication and Industrial Fulian, as well as long-term attention on major telecom operators and infrastructure providers [22]

FORNEBU, Norway, May 9, 2025 /PRNewswire/ -- In 2021, Kristian Røkke, Chairman of Aker Horizons ASA (the "Company"), participated in a share-based investment program in which the Company sold shares in its subsidiary Aker Horizons Holding AS for NOK 25 million. NOK 10 million were paid in cash by Kristian, and NOK 15 million were financed through a loan from the Company. The share program was settled in 2024 with a total loss for Kristian of NOK 23.8 million.As part of the settlement, the shares were transf ...

Core Viewpoint - Aker ASA and Aker Horizons ASA are merging, with Aker Horizons Holding AS merging into Aker ASA's subsidiary, Aker MergerCo, providing shareholders of Aker Horizons with shares in Aker ASA and cash as consideration [1][10]. Group 1: Merger Details - The merger will provide Aker Horizons shareholders with 0.001898 shares in Aker ASA and NOK 0.267963 in cash for each share owned in Aker Horizons, based on a 30-day volume weighted average share price [1][10]. - The merger is expected to be completed in the third quarter of 2025, subject to certain conditions including shareholder approval and third-party consents [1][14]. - Aker Horizons will distribute shares in AKH Holding as a dividend in kind to its shareholders prior to the merger completion [3]. Group 2: Financial Implications - Aker Horizons has decided to redeem its NOK 2.5 billion Green Bond at a call price of 100.37% of par, utilizing existing cash reserves, which will reduce future cash interest costs [4]. - The merger is a strategic response to significant market uncertainty and funding challenges faced by Aker Horizons, which has substantial debt maturing in the next 12 months [5][6]. - Aker ASA will settle the merger consideration using treasury shares and/or new shares issued under board authorizations [11]. Group 3: Future Strategy - Post-merger, Aker ASA aims to manage the value of AKH Holdings' investments, focusing on key areas such as South Africa, Australia, and potential data center developments in Narvik [7][9]. - The Board of Aker Horizons will define the future strategy and structure following the merger completion [9]. - The merger reflects a need to adapt to a changed market environment, particularly in green energy and industrial markets, which have made capital raising more challenging [8].

Core Insights - Nokia has launched Aurelis Optical LAN, a next-generation fiber-based LAN solution aimed at enhancing enterprise connectivity for in-building and campus environments [1][8] - The Optical LAN technology offers significant advantages over traditional copper-based networks, including reduced cabling and power requirements, as well as lower total cost of ownership [2][8] Group 1: Product Features and Benefits - Aurelis Optical LAN requires up to 70% less cabling and 40% less power compared to traditional copper-based LAN networks [2][8] - The solution has a lifespan of over 50 years, enabling up to 50% reduction in total cost of ownership (TCO) [2][8] - It supports current speeds of 1Gb/s, 10Gb/s, and 25Gb/s, with a clear upgrade path to 50Gb/s and 100Gb/s, ensuring readiness for future demands [3][5] Group 2: Market Adoption and Use Cases - Nokia's Optical LAN technology has been adopted in over 700 installations across various sectors, including hotels, university campuses, airports, and hospitals [4][8] - The deployment of Optical LAN is seen as a strategic move for organizations to modernize connectivity and support high-performance applications like Wi-Fi 7 [5][8] Group 3: Company Vision and Strategy - Nokia emphasizes the importance of simplicity, reliability, and scalability in its Aurelis Optical LAN solution, positioning it as a future-proof foundation for enterprise connectivity [5][8] - The company aims to create technology that fosters collaboration and innovation, leveraging its expertise in mobile, fixed, and cloud networks [6][7]

Core Insights - Nokia has launched Aurelis Optical LAN, a next-generation fiber-based LAN solution aimed at enhancing enterprise connectivity and designed for future demands [1][8] - The Optical LAN technology significantly reduces cabling requirements by up to 70% and power consumption by 40% compared to traditional copper-based networks, while offering a lifespan exceeding 50 years and a potential 50% reduction in Total Cost of Ownership (TCO) [2][8] Product Features - Aurelis Optical LAN supports current speeds of 1Gb/s, 10Gb/s, and 25Gb/s, with an upgrade path to 50Gb/s and 100Gb/s, ensuring readiness for future bandwidth needs [3] - The solution includes open APIs for seamless integration with existing enterprise environments and advanced automation features to simplify operations [3] - It boasts six-nines availability and robust security, making it suitable for high-bandwidth applications like Wi-Fi 7 [3] Market Adoption - Nokia's Optical LAN technology has been implemented in over 700 installations across various sectors, including hotels, university campuses, airports, and hospitals, demonstrating its global reach and effectiveness [4][8] - The deployment of Optical LAN is seen as a strategic move for organizations to modernize their connectivity infrastructure, providing a reliable backbone for various applications while reducing power and cabling needs [5]