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]

Core Viewpoint - Nokia Corporation's board member Timo Ihamuotila executed multiple share acquisitions on May 6, 2025, indicating confidence in the company's stock performance and future prospects [1]. Transaction Summary - The total volume of shares acquired by Timo Ihamuotila on May 6, 2025, amounted to 100,000 shares at a weighted average price of 4.4045 EUR [5]. - Specific transactions included: - 1,512 shares at 4.4025 EUR [1] - 3,569 shares at 4.4035 EUR [1] - 16,096 shares at 4.4031 EUR [3] - 27,175 shares at 4.4070 EUR [3] - 2,016 shares at 4.4030 EUR [3] - The aggregated transactions across various venues showed a consistent acquisition pattern, with the majority of transactions occurring at prices around 4.4030 to 4.4070 EUR [1][3][5]. Company Overview - Nokia is recognized as a B2B technology innovation leader, focusing on creating networks that are capable of sensing, thinking, and acting [6]. - The company leverages its intellectual property and long-term research, particularly through Nokia Bell Labs, which has a century-long history of innovation [6]. - Nokia's high-performance networks are designed to integrate seamlessly into various ecosystems, providing opportunities for monetization and scalability for service providers and enterprises [7].

Core Insights - Cybernet, Pakistan's leading fiber broadband provider, has partnered with Nokia to deploy a new long-haul Optical Fiber Cable network capable of delivering 1.2 terabits per second (Tbps) per wavelength, significantly enhancing the country's digital infrastructure [1][3][10] - The new network will connect over 25 cities in its initial phase and provide more than 50 Tbps of long-haul capacity, supporting various connectivity solutions including data center interconnect and enterprise networks [1][2][10] - This initiative aims to accelerate Pakistan's digital transformation and improve regional connectivity by offering scalable, high-capacity services at competitive rates [4][5] Company Overview - Cybernet has over 25 years of experience in the telecommunications sector, operating the largest and most resilient FTTX network in Pakistan, serving enterprise, carrier, and residential customers [11] - The company also owns StormFiber, a rapidly growing fiber broadband provider, and offers a wide range of services including Carrier Ethernet, IPLC, and cloud hosting [11] - Cybernet's investment in Nokia's 1830 GX platform with integrated optical line system capabilities is a strategic move to meet the increasing bandwidth demands of its customers [3][10] Industry Impact - The deployment of Nokia's optical transport solution is expected to modernize Pakistan's connectivity landscape, enabling high-speed, low-latency services across the country [6][10] - The new backbone will facilitate cross-border transit services for carriers and internet service providers in Central Asia, enhancing regional digital connectivity [4][6] - By leveraging advanced technology, Cybernet aims to stay ahead of the surging bandwidth demands and improve the overall user experience for its customers [5][6]

Core Insights - Cybernet, Pakistan's leading fiber broadband provider, has partnered with Nokia to deploy a new long-haul Optical Fiber Cable network capable of delivering 1.2 terabits per second (Tbps) per wavelength, significantly enhancing the country's digital infrastructure [1][3][10] - The new network will connect over 25 cities in its initial phase and provide more than 50 Tbps of long-haul capacity, supporting various connectivity solutions including data center interconnect and consumer broadband services [1][2][10] - This initiative aims to accelerate Pakistan's digital transformation and improve regional connectivity by offering scalable, high-capacity services at competitive rates [4][5] Company Overview - Cybernet has over 25 years of experience in the telecommunications sector, operating the largest FTTX network in Pakistan and serving enterprise, corporate, and residential customers [11] - The company also provides international connectivity services and is the parent company of StormFiber, a rapidly growing fiber broadband provider [11] - Cybernet's investment in Nokia's 1830 GX platform with ICE7 coherent optics is a strategic move to meet increasing bandwidth demands and enhance service offerings [3][10] Industry Impact - The deployment of Nokia's optical transport solution is expected to modernize Pakistan's connectivity landscape, enabling high-speed, low-latency services across the country [6][10] - The new backbone will facilitate cross-border transit services for carriers and internet service providers in Central Asia, fostering greater regional integration [4][6] - By leveraging advanced technology, the initiative positions Cybernet to better serve its customers and contribute to the global digital economy [5][6]

Corporate Governance - Nokia Corporation's Board of Directors elected Sari Baldauf as Chair and Timo Ihamuotila as Vice Chair [1] - Thomas Dannenfeldt was elected as Chair of the Audit Committee, with Pernille Erenbjerg, Lisa Hook, and Mike McNamara as members [1] - Timo Ihamuotila was elected as Chair of the Corporate Governance and Nomination Committee, with Sari Baldauf, Pernille Erenbjerg, and Thomas Saueressig as members [1] - Thomas Dannenfeldt was elected as Chair of the Personnel Committee, with Timo Ahopelto, Sari Baldauf, and Elizabeth Crain as members [1] - Kai Öistämö was elected as Chair of the Technology Committee, with Timo Ahopelto, Mike McNamara, and Thomas Saueressig as members [1] - Elizabeth Crain was elected as Chair of the Strategy Committee, with Sari Baldauf, Lisa Hook, Timo Ihamuotila, and Kai Öistämö as members [1] Dividend Announcement - The Board of Directors resolved a dividend of EUR 0.04 per share, to be paid to shareholders registered by 5 May 2025 [1] - The dividend payment date is set for 12 May 2025, with the actual date for payments outside Finland determined by intermediary banks [1] - Following this dividend announcement, the Board's remaining asset distribution authorization is a maximum of EUR 0.10 per share [1] Company Overview - Nokia is a B2B technology innovation leader, creating technology that helps the world act together [2] - The company is pioneering networks that sense, think, and act, leveraging work across mobile, fixed, and cloud networks [2] - Nokia Bell Labs, celebrating 100 years of innovation, leads the company's long-term research and intellectual property efforts [2]

Corporate Governance - Nokia Corporation's Board of Directors elected Sari Baldauf as Chair and Timo Ihamuotila as Vice Chair [1] - Thomas Dannenfeldt was elected as Chair of the Audit Committee, with Pernille Erenbjerg, Lisa Hook, and Mike McNamara as members [1] - Timo Ihamuotila was elected as Chair of the Corporate Governance and Nomination Committee, with Sari Baldauf, Pernille Erenbjerg, and Thomas Saueressig as members [1] - Thomas Dannenfeldt was elected as Chair of the Personnel Committee, with Timo Ahopelto, Sari Baldauf, and Elizabeth Crain as members [1] - Kai Öistämö was elected as Chair of the Technology Committee, with Timo Ahopelto, Mike McNamara, and Thomas Saueressig as members [1] - Elizabeth Crain was elected as Chair of the Strategy Committee, with Sari Baldauf, Lisa Hook, Timo Ihamuotila, and Kai Öistämö as members [1] Dividend Announcement - The Board of Directors resolved to distribute a dividend of EUR 0.04 per share, based on the authorization from the Annual General Meeting 2025 [1] - The dividend will be paid to shareholders registered by the record date of 5 May 2025, with payment scheduled for 12 May 2025 [1] - The remaining asset distribution authorization for the Board is a maximum of EUR 0.10 per share [1] Company Overview - Nokia is a B2B technology innovation leader, creating technology that enables global collaboration [2] - The company focuses on pioneering networks that leverage mobile, fixed, and cloud technologies [2] - Nokia Bell Labs, celebrating 100 years of innovation, leads the company's long-term research and intellectual property initiatives [2]

Core Points - The Annual General Meeting (AGM) of Nokia Corporation took place on April 29, 2025, in Helsinki, Finland, where all proposals from the Board of Directors were approved [1] - The AGM adopted the Company's financial statements and discharged the Board members and CEO from liability for the financial year 2024 [1] Financial Resolutions - The AGM decided not to distribute any dividend but authorized the Board to resolve on a maximum distribution of EUR 0.14 per share from retained earnings or the reserve for invested unrestricted equity [2] - The authorization for asset distribution is valid until the next AGM, with specific record and payment dates set for potential distributions [3][4] Board Composition - The AGM elected ten members to the Board, re-electing eight members and adding two new members for a term ending at the close of the next AGM [5] Board Members' Remuneration - The annual fees for Board members were set, with EUR 440,000 for the Chair, EUR 210,000 for the Vice Chair, and EUR 185,000 for each member, along with additional fees for committee chairs [6] - Approximately 40% of the annual fee will be paid in Nokia shares, with the remainder in cash to cover taxes [7] Auditor and Sustainability Reporting - Deloitte Oy was re-elected as the auditor and sustainability reporting assurer for the financial year 2026 [9] Share Repurchase and Issuance Authorization - The AGM authorized the Board to repurchase a maximum of 530 million shares, effective until October 28, 2026 [10] - The Board was also authorized to issue a maximum of 530 million shares or special rights, effective until October 28, 2026 [11]

In the previous quarter , Nokia Oyj (NYSE: NOK ) reported strong results. The company posted earnings and revenue that beat expectations. Cash flow strengthened enough to allow the firm to buy back shares and commit toPlease [+]Follow me for coverage on deeply discounted stocks. To dive deeper beyond the ideas in this article, get do-it-yourself tips and tricks in two ways.First, subscribe to the Free DIY Tier to get a preview of the subscription. Read dozens of articles. This is separate from the alerts yo ...