HELSINKI – Enento Group Plc’s Board of Directors has appointed Teppo Paavola (born 1967) as the new Chief Executive Officer of Enento Group. He will start in the position on 7 January 2026. Paavola will succeed interim CEO Elina Stråhlman, who will continue in her role as the company’s CFO. Teppo Paavola brings deep…
HELSINKI — Nokia announced Tuesday that chipmaker Nvidia is acquiring a $1 billion stake in the Finnish networking company, a move that sent Nokia’s shares soaring and marks the latest in a series of strategic partnerships for the artificial intelligence giant. Under the deal, Nokia will issue more than 166 million new shares to…
AUCKLAND: Spark New Zealand has entered a strategic partnership with Nokia to enhance network operations, the companies announced Monday. Under the agreement, Nokia will oversee daily monitoring and support for Spark’s network while Spark retains control over key strategic decisions, including future planning, network design engineering, and critical incident oversight. The collaboration will also…
Swisscom Broadcast has selected Nokia to deploy a nationwide Drones-as-a-Service network across Switzerland. 300 Nokia Drone-in-a-Box units are planned for deployment to enable emergency response, perimeter protection and infrastructure inspection, which will help keep public safety workers safe. This will be the second nationwide Nokia Drone Networks project after Belgium’s Citymesh deployment. It will…
ESPOO, FINLAND: Nokia today announced the appointment of Lorna Gibb as Chief People Officer and member of the Group Leadership Team, effective immediately. In addition, Ricky Corker, who has served as Nokia’s Chief Customer Experience Officer since 2021, will step down and leave the company effective June 28, 2024. Lorna Gibb joined Nokia in…
Infobip, a leader in cloud communications, and Nokia have entered into a partnership that promises to revolutionize the developer landscape. This collaboration will empower developers worldwide to harness the combined power of both companies’ Application Programmable Interface (API) platforms, paving the way for rapid development of a diverse range of applications that leverage telco…
ESPOO, FINLAND: Nokia announced today that it will invest €360 million in software, hardware and chip design at its Ulm and Nuremberg sites in Germany. The investment is part of a four-year project funded by the German government and the states of Baden-Württemberg and Bavaria. The project aims to develop high-performance systems-on-chips based on…
ESPOO, FINLAND: Nokia’s Chief People Officer, Stephanie Werner-Dietz, has informed the company that she will leave and step down from its Group Leadership Team to take up a position in another company. Her intention is to leave on 31 August 2022. A recruitment process will begin immediately for her successor and further details will…
ESPOO: Nokia announced the appointment of Melissa Schoeb as Chief Corporate Affairs Officer and member of the Group Leadership Team, effective from 12 April 2021. Nokia’s Chief Corporate Affairs Officer oversees Communications, Government Relations, Brand and Sustainability. Melissa has extensive experience in corporate affairs and joins Nokia from Occidental, one of the world’s largest independent…
ESPOO: Nokia’s business groups today announce plans to reset their cost bases and invest in R&D and future capabilities including 5G, cloud and digital infrastructure, as well as other areas that will benefit Nokia in the long-term. In October last year the company announced a new operating model designed to better position the company…
STOCKHOLM: Tele2 AB has chosen Nokia as partner for the deployment of its 5G core network. Nokia’s cloud infrastructure and mobile applications will enable the full potential of 5G for Tele2 customers going forward, including improved data and voice connectivity as well as enterprise solutions such as network slicing and edge computing. The deployment…
ESPOO, FINLAND : Nokia provides an update on its strategy and operating model. On October 29 Nokia announced the first phase of its new strategy, outlining high-level strategic principles alongside a new operating model designed to better position the company for changing markets and align with customer needs. The new model is effective from…