Nokia(NOK)

Search documents
Indosat Ooredoo Hutchison and Nokia partner to reduce energy demand and support AI-powered, sustainable operations
GlobeNewswire News Room· 2025-07-07 05:00
Core Insights - Indosat Ooredoo Hutchison partners with Nokia to enhance energy efficiency and reduce carbon emissions in its radio access network [1][11] - The collaboration utilizes AI and machine learning to optimize network operations and minimize energy consumption during low demand periods [2][4] - Indosat aims to transform from a traditional telecom operator to an AI-driven technology company, emphasizing sustainability and operational excellence [4][5] Energy Efficiency Solution - Nokia Energy Efficiency allows automatic adjustment or shutdown of idle radio equipment, significantly lowering energy costs without compromising network performance [2][3] - The solution is offered as a SaaS model, reducing upfront capital expenditure and maintenance needs [2][3] - The implementation of this solution can be completed within weeks, showcasing its rapid deployment capabilities [3] Sustainability Commitment - Indosat has received regional recognition for its sustainability efforts, being the first Southeast Asian operator to achieve ISO 50001 certification for energy management [6] - The partnership builds on a successful pilot project that demonstrated the effectiveness of the AI-powered solution in real network conditions [6][7] - The initiative aligns with Indosat's commitment to environmental stewardship and sustainable innovation [5][8] Technological Advancements - Nokia's Autonomous Networks portfolio, which includes the Energy Efficiency solution, aims to provide operators with a comprehensive view of their networks, enhancing both energy savings and performance [9][10] - The Autonomous Networks Fabric integrates various network functions, allowing for a unified and adaptive system across different vendors and architectures [10]
Ericsson: No Longer An Attractive Risk-Reward
Seeking Alpha· 2025-07-02 18:45
Group 1 - Ericsson is one of the world's largest telecommunications equipment providers and is well-positioned to benefit from the transition to 5G technology [1] - The company holds thousands of essential patents, making it a leading player in the telecommunications industry alongside competitors like Nokia [1] Group 2 - The article does not provide any additional relevant content regarding the industry or company beyond the information about Ericsson and its position in the 5G transition [1]
金十图示:2025年07月01日(周二)美股热门股票行情一览(美股收盘)





news flash· 2025-07-01 20:10
Market Capitalization Summary - Oracle has a market capitalization of 806.88 billion, while Visa stands at 655.99 billion [2] - Procter & Gamble has a market capitalization of 378.02 billion, and ExxonMobil is at 512.70 billion [2] - Mastercard's market capitalization is 470.87 billion, and Bank of America is at 375.11 billion [2] - UnitedHealth has a market capitalization of 308.53 billion, while ASML is at 310.77 billion [2] - Coca-Cola's market capitalization is 295.75 billion, and T-Mobile US Inc is at 273.60 billion [2] Stock Performance - Oracle's stock increased by 0.46 (+0.47%), while Visa's rose by 0.47 (+0.13%) [2] - Procter & Gamble's stock saw a slight increase of 2.68 (+0.48%), while ExxonMobil's stock increased by 1.92 (+1.20%) [2] - Mastercard's stock increased by 1.46 (+1.35%), and Bank of America's stock rose by 3.15 (+2.06%) [2] - UnitedHealth's stock decreased by 11.21 (-1.40%), while ASML's stock increased by 0.93 (+1.31%) [2] - Coca-Cola's stock increased by 14.05 (+4.50%), and T-Mobile US Inc's stock rose by 3.31 (+1.39%) [2] Additional Company Insights - McDonald's has a market capitalization of 212.78 billion, while AT&T is at 207.73 billion [3] - Uber's market capitalization is 192.79 billion, and Verizon's is at 184.08 billion [3] - Caterpillar's market capitalization is 183.87 billion, while Qualcomm is at 174.99 billion [3] - BlackRock has a market capitalization of 163.25 billion, and Citigroup is at 161.13 billion [3] - Boeing's market capitalization is 158.16 billion, while Pfizer is at 142.36 billion [3] Recent Market Movements - Intel's stock increased by 0.45 (+1.99%), while Dell Technologies rose by 0.82 (+0.16%) [4] - Rio Tinto's market capitalization is 746.07 billion, and Newmont is at 654.78 billion [4] - General Motors has a market capitalization of 494.87 billion, while Target is at 472.00 billion [4] - Ford's market capitalization is 451.14 billion, and Valero Energy is at 432.26 billion [4] - Vodafone's market capitalization is 241.45 billion, while Pinterest is at 270.30 billion [5]
Nokia’s new energy innovation venture Enscryb secures partner and first two customers
Globenewswire· 2025-07-01 11:00
Core Insights - Nokia has launched a new energy innovation venture called Enscryb, which has partnered with NODES and secured two customers, Nanuq and Smartecon [1][8] - Enscryb provides a digital toolbox for real-time distributed energy flexibility orchestration, enabling accurate financial modeling for renewable energy projects [2][3] - The venture aims to contribute to sustainability by reducing energy expenses and increasing grid resiliency, aligning with Nokia's commitment to sustainable business practices [3] Company Overview - Enscryb is a digital platform that utilizes technology from Nokia Bell Labs to simulate electricity systems of varying sizes and complexities, focusing on energy flexibility forecasting [2][8] - NODES is an energy trading company that facilitates the trading of flexibility resources and Distributed Energy Resources (DERs), supporting the development of energy flexibility markets [4] - Nanuq specializes in charging infrastructure, helping industrial customers transition to electrified fleets by optimizing local generation resources and charge points [5] - Smartecon is a pan-Baltic EPC company focused on utility-scale renewable energy projects, assisting in the development of solar, battery, and hybrid power plants [6][12] Strategic Partnerships - The collaboration between Enscryb and NODES aims to enhance the flexibility market by optimizing investment decisions and operations for Distributed Energy Resources [7] - Enscryb's partnership with Nanuq and Smartecon is expected to deliver actionable insights and improve planning and performance in renewable energy systems [7][8]
Nokia signs revolving credit facility with its pricing mechanism linked to the company's sustainability targets
GlobeNewswire News Room· 2025-06-30 07:00
Core Viewpoint - Nokia has signed a EUR 1.5 billion five-year multicurrency revolving credit facility with a pricing mechanism linked to its sustainability targets, replacing a previous EUR 1,412 million agreement from 2019 [1][9]. Group 1: Sustainability Targets - The sustainability targets for the revolving credit facility include the reduction of absolute Scope 1 and 2 greenhouse gas emissions and the reduction of absolute Scope 3 GHG emissions, with annual observation periods impacting pricing adjustments for the following year [2][9]. - Nokia is committed to achieving a Net-Zero target by 2040, which has been validated by the Science Based Targets initiative (SBTi) [4]. Group 2: Financing Strategy - Nokia's financing strategy is closely linked to its sustainability strategy, building on previous initiatives such as the sustainability-linked guarantee facility in 2022 and the sustainable finance framework launched in 2023 [3][9]. - The new revolving credit facility reflects strong support from key banking partners, aligning financing with sustainability priorities [6][7]. Group 3: Operational Approach - Detailed operational approaches to reducing GHG emissions are outlined in Nokia's Net-Zero climate transition plan, which includes commitments and actions for decarbonization [5]. - Nokia published its 2024 Annual Sustainability Statement in March 2025, adhering to the EU Corporate Sustainability Reporting Directive and European Sustainability Reporting Standards [5].
Equinor to Invest NOK 21B in Fram Sor Oil and Gas Project
ZACKS· 2025-06-27 13:06
Core Insights - Equinor ASA (EQNR) and partners are investing over NOK 21 billion (~$2 billion) in the Fram Sør subsea oil and gas project, enhancing Europe's energy security through increased production from the Norwegian Continental Shelf (NCS) [1][10][11] Investment and Production Details - The Fram Sør project is expected to recover approximately 116 million barrels of oil equivalent, with 75% being oil, and production is slated to begin by the end of 2029 [2][10] - The project consolidates several discoveries in the Troll-Fram area, including Echino South and Blasto, ensuring robust profitability and efficient use of existing infrastructure [3] Environmental Impact - Fram Sør boasts an ultra-low carbon footprint, with CO2 intensity estimated at just 0.5 kg per barrel of oil equivalent, significantly lower than the NCS average of 8 kg and the global industry average of 16 kg [4][5] - The project will utilize fully electric subsea Christmas trees, enhancing environmental safety and monitoring [5] Economic Benefits - The project is expected to create approximately 4,500 full-time equivalent jobs during the development phase and generate NOK 18 billion in contracts, primarily awarded to Norwegian suppliers [6][10] Strategic Importance - The project is part of Equinor's broader strategy to mature new resources in the Fram and Troll area, reflecting strong collaboration with partners and authorities [7][11] - Fram Sør is a joint effort by Equinor Energy AS (45%), Vår Energi ASA (40%), and INPEX Idemitsu Norge AS (15%), with all contracts subject to regulatory approval [8]
Chief People Officer, Lorna Gibb to leave Nokia
Globenewswire· 2025-06-26 07:00
Core Points - Nokia's Chief People Officer, Lorna Gibb, has decided to leave the company to pursue another opportunity, effective immediately [1] - Lorna Gibb joined Nokia in 2020 and became Chief People Officer in June 2024, focusing on evolving the company's people strategy and talent programs [2] - Esa Niinimäki, the Chief Legal Officer, will take over Lorna's responsibilities on an interim basis while a search for her successor begins [2] Company Overview - Nokia is a B2B technology innovation leader, creating technology that enables global collaboration [3] - The company is pioneering networks that leverage mobile, fixed, and cloud technologies, with a focus on intellectual property and long-term research through Nokia Bell Labs [3] - Nokia's high-performance networks are designed to integrate seamlessly into various ecosystems, providing secure and reliable services for service providers, enterprises, and partners [4]
Nokia launches Autonomous Network Fabric to help customers accelerate network automation
Globenewswire· 2025-06-18 07:03
Core Insights - Nokia has launched its Autonomous Network Fabric, a suite of telco-trained AI models and integrated security aimed at accelerating network automation and enabling operators to roll out new services easily [1][3][9] - The collaboration with Google Cloud allows the Autonomous Network Fabric to be deployed as a SaaS application across various environments, including on-premises and hybrid cloud [2][6][9] Group 1: Product Features - The Autonomous Network Fabric integrates observability, analytics, security, and automation, allowing networks to function as a unified adaptive system [1][3] - Key features include unified data management, 360-degree observability, explainable AI, and a library of cross-domain correlated data products [9][10][11] - The platform leverages Google Cloud's generative AI tools to enhance network operations, including real-time monitoring, anomaly detection, and zero-touch remediation [5][8] Group 2: Market Context - Operators are transitioning towards fully autonomous networks but face challenges from legacy systems and fragmented data [3][4] - The demand for fully autonomous networks is increasing as customers seek improved reliability and operational cost savings [7][8] - Nokia's Autonomous Network Fabric aims to provide a comprehensive approach to accelerate network automation in a multi-vendor environment [9][10]
Nokia announces changes to Group Leadership Team
GlobeNewswire News Room· 2025-06-16 11:00
Espoo, Finland – Nokia today announced changes to its Group Leadership Team. Federico Guillén will retire from Nokia on 31 December 2025. He will step down from his role as President of Nokia's Network Infrastructure business group and from the Group Leadership Team on 30 June 2025. As part of a managed transition, David Heard, currently NI Chief Strategic Growth Officer, and former CEO of Infinera, has been promoted to President of Network Infrastructure and will join the Group Leadership Team, effective 1 ...
Nokia expands IP routing portfolio to utilities with new platforms to boost smart grid modernization
Globenewswire· 2025-06-12 13:00
Core Viewpoint - Nokia is significantly expanding its IP routing portfolio to support utilities transitioning to smart grid technologies, enhancing its 7705 Service Aggregation Router and 7250 Interconnect Router platforms to meet the growing demand for secure and high-performance networking infrastructure [1][3]. Group 1: Industry Context - Utilities globally are implementing smart grid technologies to address challenges such as climate disruptions and cyber threats, while also integrating distributed energy resources to achieve net-zero emissions targets [2]. - Smart grids enhance operational efficiency and real-time monitoring, ensuring compliance with evolving regulations and preparing the grid for future demands [2]. Group 2: Nokia's Technological Advancements - Nokia's new routing solutions provide end-to-end, secure, and adaptable IP routing that scales from the enterprise edge to the data center core, facilitating the evolution of utilities' communications infrastructure for smart grid technologies [3]. - The 7705 SAR and 7250 IXR platforms offer advanced capabilities for application-aware communications, supporting legacy systems and ensuring precise frequency and time synchronization across the grid [3]. - The platforms are designed to counter cybersecurity threats, including those posed by quantum computing, through advanced quantum-safe MACsec encryption [3][4]. - With increasing bandwidth demands from substation CCTV cameras and sensors, the new platforms can scale to 100 GE and 400 GE to support critical applications and future high-capacity services [3]. Group 3: Customer Needs and Commitment - Energy customers require networks that provide not only bandwidth but also resilience against harsh conditions and preparedness for quantum-era threats, which Nokia aims to address with its latest platform enhancements [4].