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Press ReleaseNokia 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.
The company missed on both revenue and net income, despite a robust increase in the latter.
Nokia CorporationStock Exchange Release17 October 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 17.10.2024 Espoo, Finland – On 17 October 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 1,696,841 3.89 CEUX 600,000 3.87 BATE - - AQEU - - TQEX - - Total 2,296,841 3.89 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program started on 20 March 2024.
Despite improvement in Fixed Networks and Optical Networks vertical, Nokia reports a revenue decline year over year owing to soft demand in the Mobile Networks, Cloud Network and Services.
Nokia's Q3 2024 results showed a revenue decline year-on-year, with net sales in Network Infrastructure falling, despite some segment growth. The company issued a negative net sales growth forecast for Network Infrastructure, expecting up to -6.0%, but highlighted potential growth in 5G Core and data centers. Nokia's shareholder returns include dividend that yields 3% and an accelerated EUR 600 million buyback program, aiming to offset dilution from the Infinera acquisition.
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 Bank Alexander Duval - Goldman Sachs David Mulholland Good morning, ladies and gentlemen. Welcome to Nokia's Third Quarter 2024 Results Call.
NOK, Windstream Wholesale and Colt Technology Services complete the world's first 800GbE optical and IP service trial connecting London and Chicago.
Press releaseNokia, 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
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Windstream Wholesale, an optical technology leader in advanced network solutions, Colt Technology Services (Colt) and Nokia today announced the successful completion of a world-first 800 Gigabit Ethernet (800GbE) service trial connecting London with Chicago across an 8500km subsea and terrestrial route over the production network. The trial showcased innovative power-saving networking technologies from the three global tech businesses to test the boundaries o.
Nokia CorporationStock Exchange Release11 October 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 11.10.2024 Espoo, Finland – On 11 October 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 1,295,133 4.02 CEUX 694,355 4.02 BATE - - AQEU - - TQEX - - Total 1,989,488 4.02 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program started on 20 March 2024.