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Nokia Altiplano accelerates autonomous networks by introducing AI for broadband operations
GlobeNewswire News Room· 2024-10-18 07:00
Press Release Nokia Altiplano accelerates autonomous networks by introducing AI for broadband operations Nokia enhances Altiplano Access Controller with AIOps to drive better network decisions. AI-powered applications and smart analytics improve network operations and resource utilization. 18 October 2024 – Nokia today announced the integration of AI-driven operations (AIOps) into its Altiplano Access Controller, an automation platform for broadband networks. The new AIOps uses artificial intelligence (AI) ...
Why Nokia Stock Swooned on Thursday
The Motley Fool· 2024-10-17 21:24
The company missed on both revenue and net income, despite a robust increase in the latter. News from Nokia's (NOK -2.69%) corporate headquarters pushed the Finland-based company's share price down on Thursday. The once-mighty telecom published its third-quarter results, and for the most part investors weren't pleased with the numbers. Nokia stock closed the day more than 3% in the red, comparing unfavorably to the essentially flat performance of the benchmark S&P 500 index. A disappointing double miss Noki ...
NOK Q3 Earnings Match Estimates, Guidance Cut Amid Soft Sales Recovery
ZACKS· 2024-10-17 16:06
Nokia Corporation (NOK) reported mixed third-quarter 2024 results, with the top line missing the Zacks Consensus Estimate but the bottom line matching the same. The company reported a top-line contraction year over year, primarily due to weakness in the Mobile Networks segment and disinvestment in Cloud and Network Services. Despite strong order intake in the Network Infrastructure segment, slow sales revival remains a concern. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Manage ...
Nokia(NOK) - 2024 Q3 - Earnings Call Transcript
2024-10-17 12:42
Nokia Oyj (NYSE:NOK) Q3 2024 Earnings Call Transcript October 17, 2024 4:30 AM ET Company Participants David Mulholland - Head of Investor Relations Pekka Lundmark - President and Chief Executive Officer Marco Wirén - Chief Financial Officer Conference Call Participants Joachim Gael - D&B Simon Leopold - Raymond James Sami Sarkamies - Danske Bank Artem Beletski - SEB Enskilda Daniel Djurberg - Handelsbanken Jakob Bluestone - Exane BNP Paribas Sebastien Sztabowicz - Kepler Chevreux Rob Sanders - Deutsche Ban ...
Nokia(NOK) - 2024 Q3 - Earnings Call Presentation
2024-10-17 08:14
Q3 2024 Financial results 17 October 2024 1 © 2024 Nokia Disclaimer It should be noted that Nokia and its business are exposed to various risks and uncertainties and 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 preceded by "believe", "expect", "expectations", "commit", "envisage", "anticipate", "foresee", "see", "target", "estimate", "design ...
Nokia Corporation Interim Report for Q3 2024
GlobeNewswire News Room· 2024-10-17 05:00
Nokia Corporation Interim Report 17 October 2024 at 08:00 EEST Nokia Corporation Interim Report for Q3 2024 Strong gross margin improvement amidst ongoing market weakness Q3 net sales declined 7% y-o-y in constant currency (-8% reported) as growth in Network Infrastructure and Nokia Technologies was offset by decline in Mobile Networks primarily in India and a divestment in Cloud and Network Services. Order intake remained strong in Network Infrastructure, while the sales recovery continues to be slower tha ...
Nokia Earnings Preview: Too Early To Bet On A Recovery
Seeking Alpha· 2024-10-16 00:29
I turned cautious about the prospects for Nokia Oyj (NYSE: NOK ) ( OTCPK:NOKBF ) at the beginning of this year, soon after the company announced a dividend hike, as I thought operating margins may come under pressure Dilantha De Silva is an experienced equity analyst and investment researcher with over 10 years in the investment industry. He writes insightful articles for Seeking Alpha, GuruFocus, TipRanks, and ValueWalk, with a significant following on Seeking Alpha. Dilantha's expertise spans across vario ...
Nokia Successfully Tests World's First 800GbE Trial: Stock to Gain?
ZACKS· 2024-10-15 17:31
Nokia Corporation (NOK) , Windstream Wholesale and Colt Technology Services together achieved a significant milestone in global connectivity by completing the world's first trial of 800 Gigabit Ethernet (800GbE) service. This pioneering test connected London with Chicago over an impressive 8,500 km route that encompasses both subsea and terrestrial networks. How NOK's Solutions Helped Achieve This Feat? The trial utilized Colt Technology Services' state-of-the-art transatlantic subsea cables, integrated wit ...
Nokia MEA Mobile Broadband Index 2024: 5G driving rapid digital transformation
GlobeNewswire News Room· 2024-10-15 07:00
Press Release Nokia MEA Mobile Broadband Index 2024: 5G driving rapid digital transformation 5G adoption in MEA expected to reach one in four subscriptions by 2029, highlighting its critical role in future connectivity towards digital transformation. 5G subscriptions in MEA expected to reach 519 million by 2029, representing 23% of total mobile connections. GCC region to lead 5G adoption with 90% of subscriptions projected to be on 5G networks by 2029. 5G Fixed Wireless Access (FWA) subscriptions set to gro ...
Nokia, Windstream Wholesale and Colt Technology Services join forces to complete world's first ultra-fast 800GbE optical and IP service trial connecting London and Chicago
GlobeNewswire News Room· 2024-10-14 10:17
Press release Nokia, Windstream Wholesale and Colt Technology Services join forces to complete world's first ultra-fast 800GbE optical and IP service trial connecting London and Chicago Transatlantic partnership extends potential for capacity, speed and latency while reducing power usage on popular Europe/US route. Service trial spanned 8500km subsea and terrestrial route over live production network. 800GbE can support advanced network applications like AI data center networking, content delivery networks, ...