As data consumption in Saudi Arabia continues to accelerate, driven by video streaming, cloud services, AI workloads, and emerging digital applications, telecommunication providers face challenges in delivering high performance while operating more secure, reliable and high-performance networks. Traditional monitoring tools provide limited insight into network flows and application behavior. The Nokia Deepfield solution addresses this challenge by correlating global internet context with large volumes of network telemetry, turning this data into contextualized, actionable intelligence that supports proactive optimization and data-driven decision-making.

Using Nokia Deepfield Cloud Intelligence, Zain KSA can monitor and ensure the performance of critical OTT and cloud services across its entire network. The granular visibility into applications and services allows engineering teams to identify congestion or latency issues before they affect customers, ensuring a seamless, low-latency experience for services such as video streaming and cloud gaming. Central to the solution is Deepfield Cloud Genome®, a continuously updated map of the internet that identifies applications and services across more than 30 categories, using over 100 AI/ML rules. With large-scale analytics and cloud-native architecture, the platform provides Zain KSA with structured data, enhancing its digital ecosystem and supporting advanced analytics, AI, and new digital services aligned with Saudi Vision 2030.

Multimedia, technical information and related news

Product Page: Deepfield Cloud Intelligence

About Zain KSA

Zain KSA, the leading digital services provider in Saudi Arabia, supporting the Kingdom’s digital transformation and advancing an inclusive digital economy aligned with Saudi Vision 2030. Through advanced digital infrastructure and cutting-edge technologies, it builds a more intelligent and sustainable Wonderful World, guided by human-centric experiences that enhance quality of life and strengthen Saudi Arabia’s global competitiveness.

Zain KSA delivers an integrated ecosystem of digital solutions for individuals and enterprises, while expanding into adjacent markets to drive growth and innovation across the digital value chain. Anchored in ESG principles, it empowers national talent, advances digital inclusion, and creates long-term value toward a smarter society and a sustainable digital future.

The announcement builds on Nokia’s recent AI-RAN milestones, including the launch of the industry’s first commercial AI-native RAN platform; evaluations with T-Mobile, SoftBank and Indosat Ooredoo Hutchison; a growing number of OEM partners; and expanded collaboration with NVIDIA on AI-RAN platform and software development tools. Together, these developments are transforming radio networks into programmable platforms supporting both connectivity and AI workloads; they are also accelerating the development of an open AI-RAN ecosystem and demonstrating the readiness of AI-RAN technologies for commercial deployment.

Nokia’s AI-RAN platform has already delivered more than 20% improvements in spectral efficiency through AI-powered radio innovations and is advancing toward further spectral efficiency gains through a continuous software innovation roadmap extending through 2027 and 2028. This enables operators to increase capacity, improve network economics and create new service opportunities by extracting greater value from existing spectrum and infrastructure investments, reducing reliance on traditional hardware refresh cycles.

As AI applications drive new traffic patterns, increased uplink demand and growing requirements for distributed computing, operators are seeking new ways to improve network capacity, spectral efficiency and monetization opportunities. Nokia’s AI-RAN platform combines its AI-native anyRAN software with NVIDIA Aerial RAN Computer to help operators unlock greater performance from existing spectrum assets, enabling software-defined architecture for 5G with a software upgrade path to 6G and laying the foundation for future AI-native networks.

Multimedia, technical information, and related news

Webpage: AI-RAN

Together, the companies will deliver resilient communications, secure information sharing and network interoperability across land, air, maritime, cyber and space domains. The collaboration also builds on Nokia Defense and C3IA's participation in the UK Ministry of Defence (MOD) Tactical Communication Systems (TacSys) framework, providing access to Nokia’s full connectivity portfolio from headquarters to the tactical edge.

Modern military operations increasingly depend on the ability to securely connect people, platforms, sensors and data across multiple domains. Under the agreement, Nokia Defense and C3IA will co-develop solutions across tactical and operational communications, private 4G and 5G, situational awareness, command and control (C2), sensing, autonomous systems and edge computing. The collaboration will focus on translating advanced communications technologies into practical, integrated capabilities that address real operational requirements for the defense sector.

Nokia Defense and C3IA participate in the UK Government’s TacSys framework (RM6393) in Lot 1 (Services) and Lot 3 (Components), giving the UK MOD and other public sector organizations the ability to procure Nokia's connectivity portfolio to support future tactical communications requirements.

Nokia Defense provides secure, intelligent connectivity for defense in the AI era. Built on Nokia’s global leadership across fixed, mobile, and transport networks, it delivers resilient, mission-ready communications solutions that strengthen national security and support critical operations worldwide.

Multimedia, technical information and related news

Web Page: www.nokia.com/defense

Web Page: www.c3ia.co.uk

Media inquiries

Nokia Press Office

Email: Press.Services@nokia.com

About Nokia

Nokia is a global leader in connectivity infrastructure, enabling the AI supercycle. We build networks that connect intelligence and deliver a comprehensive connectivity solution across fixed, mobile, IP, optical, core, and data center networks. With security by design, AI-driven innovation, and AI-optimized architecture, Nokia delivers trusted infrastructure that enables AI to scale and advances connectivity to secure a brighter world.

About C3IA

C3IA provides technical and security services across both public and private sectors. Specialising in systems engineering, ICT, information assurance, and NCSC-assured cyber services, C3IA plays a pivotal role in supporting the delivery of critical defence programmes. C3IA is dedicated to building long-lasting relationships with our clients, partners and community, delivering exceptional value through our commitment to quality and collaboration.

Cloud services, AI workloads and data center interconnection are driving rapid traffic growth across global networks, creating pressure for operators. Telxius is leveraging Nokia's ICE-X 800G ZR/ZR+ coherent pluggable technology to add capacity across its existing terrestrial infrastructure with IP-over-DWDM networking, while reducing the power and space required for network expansion. This increases network efficiency and simplifies operations to deliver resilient, high-performance connectivity for customers.

The deployment also utilizes Nokia network automation, giving Telxius greater visibility and control across its optical transport network. This provides full visibility, fault and performance monitoring, and coordinated service provisioning, supporting faster operations and more predictable service quality for Telxius customers.

This initiative builds on Nokia and Telxius' recent industry-record setting demonstration of ICE-X 800G ZR+ coherent pluggable optics over the BRUSA subsea cable system. The trial delivered 400Gb/s per wavelength across 5,600+ km, demonstrating the technology’s ability to support ultra-long-haul subsea infrastructure, as well as terrestrial networks.

Multimedia, technical information and related news

Product Page: ICE-X 800G ZR/ZR+

Product Page: 1830 Global Express (GX)

Product Page: Transcend Network Automation Suite

Web Page: Nokia Optical Networks

Web Page: Network automation page

Media inquiries

Nokia Press Office

Email: Press.Services@nokia.com

About Nokia

Nokia is a global leader in connectivity infrastructure, enabling the AI supercycle. We build networks that connect intelligence and deliver a comprehensive connectivity solution across fixed, mobile, IP, optical, core, and data center networks. With security by design, AI-driven innovation, and AI-optimized architecture, Nokia delivers trusted infrastructure that enables AI to scale and advances connectivity to secure a brighter world.

About Telxius

Telxius is a global connectivity provider operating a network spanning more than 100,000 km of high-capacity subsea cable systems and terrestrial fiber across Europe and the Americas, connecting key data centers and digital hubs.

Through its integrated network of subsea infrastructure, terrestrial backhaul and landing gateways & edge data centers, Telxius enables hyperscalers, carriers and enterprises to interconnect their infrastructure and scale operations with secure, reliable and high-performance connectivity. Its Tier 1 IP network provides direct global reach, enabling efficient routing and full control over traffic paths.

Telxius offers a comprehensive portfolio of connectivity, infrastructure and interconnection services across Network & Transport, Infrastructure, Internet & Cloud, Interconnection, Security and CDN, supporting a wide range of use cases from enterprise and cloud connectivity to large-scale network interconnection and data transport.

At Telxius, we help our customers operate with predictable performance, dedicated capacity, and the confidence of a network built for increasingly distributed and complex environments.

Nokia Deepfield Defender combines AI-driven, big data analytics of network telemetry with Deepfield Secure Genome®, Nokia's proprietary, cloud-based data feed that tracks the security context of the internet. Defender detects all types of DDoS attacks in seconds and drives automated, network-based mitigation with a very high degree of granularity — surgically removing only unwanted traffic while legitimate packets keep flowing. By unifying detection and mitigation in the network itself, ESpanix avoids rerouting member traffic to external scrubbing centers: attacks are identified and removed where the traffic flows, keeping Spanish internet traffic and the responsibility for securing it within Spain.

The deployment extends a partnership that, in 2025, made ESpanix the first IXP in Spain to offer 400G connectivity to its customers, built on Nokia interconnect and service routers running over Nokia optical transport. With Deepfield Defender, ESpanix joins a growing group of leading European internet exchanges that use Nokia Deepfield to protect their members and to build new security services on top of their interconnection platforms. For exchanges, the deployment model has a multiplier effect: a single deployment at an exchange extends protection to every network that connects through it.

The new DDoS protection service is being introduced to the ESpanix community and the wider industry at upcoming events.

This latest win reinforces Nokia’s role as a trusted partner for U.S. regional broadband providers looking to expand fiber networks faster and more efficiently for communities, businesses, and public services. Nokia is helping operators such as Planters overcome the cost, complexity, and compliance challenges of rural broadband expansion — from scaling capacity and reducing operational burden to meeting U.S. Broadband Equity, Access, and Deployment (BEAD) and Build America, Buy America (BABA) requirements — while building networks that are more automated, adaptive, and ready for future AI-era demand.

This fiber optic deployment supports BEAD-funded rural broadband expansion in Georgia and provides Planters with the ability to offer multi-gigabit broadband services and advanced in-home Wi-Fi services.

Nokia’s scalable Lightspan MF-2 access platform supports 10G, 25G and 50G broadband speeds, enabling Planters to efficiently scale their network in the future. Planters also gains lower operational complexity with Nokia’s Altiplano Access Controller which enables AI-driven automation providing a powerful platform to reduce errors, accelerate issue resolution and streamline network operations.

With BEAD and BABA-compliant products from Nokia, Planters is able to accelerate project execution, meet compliance requirements, and quickly deliver high-speed broadband services to southeast Georgia’s unconnected or underserved businesses and residents.

Southeast Georgia is experiencing significant growth in broadband connectivity as providers continue to invest in infrastructure across the region. Planters has been a leader in rural fiber development, expanding fiber access throughout portions of Screven, Effingham, Jenkins, and Burke Counties, with plans to further extend connectivity to the communities it serves. Georgia’s BEAD program represents another important opportunity to build on this progress by supporting expanded broadband infrastructure in areas where additional investment is needed. Selected providers, including Planters, are now moving forward with implementation and construction planning that will help bring reliable, high-speed connectivity to even more homes, businesses, and communities across the region.

KGPCo, a long-standing partner of Nokia, is North America’s largest supply chain logistics supplier and systems integrator to MSOs, ISPs, communications service providers, state and local municipalities, electric coops, and tribal nations.

Nokia has a deep commitment to closing the digital divide in rural America. With its network scale and expertise, Nokia provides 6 out of 10 ports in the US that are used in rural broadband deployments. Nokia's portfolio is fully compliant with BABA requirements, making it a trusted choice for BEAD projects. Nokia has helped telecommunication providers across the United States deliver high-quality broadband to underserved communities, creating new growth opportunities for the regions they serve.

Resources and additional information:

Web Page: Nokia Optical networks

Web Page: Broadband Infrastructure for Community Broadband Providers

Web Page: Nokia Build America Buy America (BABA) certification

Product Page: Lightspan MF fiber OLT

Product Page: Altiplano Access Controller

Product Page: Nokia Corteca

Product Page: Fiber ONTs

Nokia’s CO enhances site and asset intelligence for operational teams, whether they are managing and keeping a mine site connected, enabling emergency vehicles to share live incident awareness, or operating on the battlefield. These teams will benefit from AI-agentic assistance, a live 3D digital twin of operations, real-time video analytics, predictive maintenance and autonomous safety monitoring. The result is greater operational resilience, reduced downtime and continuous visibility. Nokia’s CO also creates a dynamic hybrid wireless network fabric with no single point of access failure, helping keep mission-critical operations running in the toughest environments.

At the edge of the new platform is Nokia’s Cognitive Edge Node (CEN), a rugged network and edge compute platform that combines advanced connectivity, AI-driven multi-access networking and accelerated edge computing. With embedded on-device GPU-accelerated computing, the Cognitive Edge Node increases intelligence in field-deployed vehicles and remote locations.

The CEN is designed with an ecosystem of partners in mind. Among other access technologies, Nokia has collaborated with Rajant, the pioneer of Kinetic Mesh® wireless networking, to integrate Rajant’s InstaMesh® technology directly into the Cognitive Edge Node.

CO is launching with three vertical applications:

Cognitive Operations for mining is Nokia’s flagship product for the mining industry, bringing CO’s full AI platform to the mine operations through resilient communications delivered by the Cognitive Edge Node. CO for mining is available for both on-premises deployment and for on-cloud deployment through the Microsoft Azure Marketplace, enabling mining operators to deploy the solution in days.

For public safety and emergency services, Cognitive Operations for emergency services introduces the Vehicle as a Node (VaaN) concept, where every response vehicle equipped with the Cognitive Edge becomes an autonomous intelligence and communications node. Police cars, fire trucks, and ambulances self-organize into a distributed field intelligence network at the incident scene, sharing a live 3D situational picture, processing video analytics locally, and maintaining communications across 5G, Wi-Fi and satellite.

For defense and tactical military operations, Cognitive Operations for defense extends the platform to the battlefield edge, where resilience and real-time intelligence are critical. Every vehicle, unit, and forward asset becomes a secure, self-organizing node in a distributed tactical network. Forces share a live, unified situational picture, leveraging on-device AI for sensor fusion, video analytics, and threat detection, while maintaining assured communications across 5G, tactical radio, and satellite in contested environments.

Multimedia, technical information and related news

Website: Cognitive Operations solution page

Website: Nokia Cognitive Edge product page

Data sheet: https://www.nokia.com/asset/215508

Brochure: https://www.nokia.com/asset/215507

Network tomography works like a health scan for optical networks. It gives operators a clearer view of what is happening across fiber links and wavelengths, without the need to install intrusive probes throughout the network. Powered by Nokia Bell Labs innovative algorithms, the solution imports and processes thousands of pieces of data sourced from coherent optical transmissions to gain near real-time insight into the condition of the overall network link by link.

The trial helped identify issues such as fiber degradation, amplifier problems, configuration errors and other network conditions that could affect performance. By spotting these issues early, operators can validate their underlying network faster and take action before the customers SLAs are impacted.

The trial also showed how network tomography can help operators make better use of their existing network capacity. By understanding the real condition of each optical link more accurately, operators can optimize performance, improve spectral efficiency and support more resilient services. This is an important step toward more automated optical networks, including AI-assisted operations and closed-loop automation.

The solution also utilizes equipment already installed in the network, avoiding the need for field force interventions and significantly reducing its environmental impact.

Media inquiries

Nokia Press Office: Press.Services@nokia.com
Orange Press Office: Press.Office@orange.com

Owned by Mehiläinen, one of Europe’s leading private healthcare providers, BeeHealthy offers a configurable, white-label SaaS platform used by healthcare and veterinary care providers, social-care organizations and insurers in countries such as Finland, Sweden, Germany, Estonia, the Netherlands and the United Arab Emirates. Nokia’s Network as Code brings together operator networks into a single, developer-friendly platform, allowing enterprises to access trusted network capabilities at scale and embed them directly into their apps.

The agreement makes BeeHealthy the first healthcare-sector commercial customer for Nokia’s Network as Code platform. For operators, it represents a new, monetizable enterprise use case for network APIs, and it continues the commercial momentum shown at MWC26, where Nokia announced a growing list of new and expanded partnerships in the field.

Network APIs in the BeeHealthy platform

Using Network as Code, BeeHealthy will replace SMS one-time passcodes with a seamless number verification system at log-in and booking — one that operates silently in the background and requires no manual effort from users. The result is a faster, more secure experience that typically takes less than a second.

In addition to Number Verification, other Network as Code APIs being embedded into BeeHealthy’s patient and professional apps include SIM Swap/Number Recycling to help prevent account takeover fraud and keep customer registries up to date; Location Verification to support appointment-management use cases and reduce missed appointments; and KYC Match to validate a new user’s identity against trusted network data during onboarding in select markets. The companies are also exploring further Network as Code capabilities such as Quality on Demand to support premium, latency-sensitive healthcare services like video consultations.

Multimedia, technical information and related news

Web page: Network as Code

Web page: BeeHealthy

Web page: About the Number Verification API (Network as Code developer portal)

Web page: About the Number Verification API (GSMA)

Video: BeeHealthy and Nokia: Secure Healthcare Innovation Powered by Network as Code - YouTube

Blog: Silent Verification, Seamless Login

Press release: Nokia expands Network as Code ecosystem, advances API-based agentic AI with Google Cloud #MWC26

The center will specialize in Service Management and Orchestration (SMO), Self-Organizing Networks (SON), Autopilot and rApps for automation and energy efficiency. Its teams will develop AI-driven capabilities for communications service providers and enterprises in Saudi Arabia, while exploring the development of AI-native 6G technologies, and contributing “Made in Saudi” software innovations for Nokia customers worldwide.

The launch follows an agreement announced earlier this year between His Excellency the Minister of Communications and Information Technology of Saudi Arabia and Nokia President and CEO Justin Hotard. The collaboration reflects the Kingdom's ambitions under Saudi Vision 2030 to build a leading economy powered by innovation, local talent and advanced research capabilities.

Aligned with the Kingdom's digital transformation agenda, the center will create high-value engineering and research roles while offering advanced training programs, boot camps, and AI and automation certifications for Saudi talent. The initiative supports national objectives to build local expertise, strengthen innovation capacity and increase the country's contribution to the global technology ecosystem.

Multimedia, technical information, and related news

Webpage: Autonomous networks

Webpage: AI-RAN

The recognition reflects Nokia’s continued investment in mobile core technologies that help operators modernize their networks for the AI era. Recent deployments include the world’s first commercial mobile telco service based on 5G Core SaaS; Core SaaS Edge enabling local breakout for roaming subscribers; core network resilience solutions; telecom core modernization programs, and mission-critical network upgrades supporting the IoT, rail and utilities sectors.

Omdia’s 2026 report expanded its assessment to 12 vendors while also updating category weightings to reflect evolving operator priorities, including increased emphasis on AI/ML and analytics capabilities.

Nokia’s core portfolio supports deployment models spanning private, public and hybrid cloud environments and helps operators simplify core operations through automation, AI-driven analytics, resilient architectures and network exposure capabilities. The company’s approach enables telecom providers and mission-critical enterprises to accelerate service innovation while reducing operational complexity and improving network agility.

Multimedia, technical information and related news

Omdia report: Market Landscape: Core Vendors – 2026

Web page: Core networks

Product page: 5G Core

Press release: Nokia named a Leader in the 2025 Gartner® Magic Quadrant™ for CSP 5G Core Network Infrastructure Solutions

Press release: Nokia ranked #1 for portfolio competitiveness in Omdia’s Market Landscape: Core Vendors - 2025 report

The collaboration is designed to meet the region's rapidly growing demand for secure and scalable AI computing, while advancing Indonesia's position as a regional AI hub. With a deployment target of 1 gigawatt (GW) of NVIDIA DSX AI Factory capacity, Zankore by Indosat lays the foundation for one of the region’s largest AI infrastructure platforms which will enable the next phase of agentic and enterprise AI adoption at scale.

Zankore by Indosat is building one of Southeast Asia’s largest AI factory platforms for the nation, using NVIDIA DSX, the reference architecture, platform and ecosystem playbook for designing and operating AI factories. DSX brings accelerated computing, networking, power, cooling and operations together as one system to maximize useful AI output from every available megawatt. Zankore will deliver approximately 200 megawatts (MW) of AI capacity in the first half of 2027, powered by NVIDIA GB300 NVL72. The platform will also incorporate NVIDIA DSX MaxLPS, which dynamically optimizes power across the GPU fleet to recover stranded power and increase compute capacity within the available facility power envelope. MaxLPS is designed to enable up to 40% more compute within the same power budget, increasing Zankore’s capacity to serve customers and generate revenue.

This partnership brings together distinct expertise from each partner. Ooredoo Group provides long-term capital, and regional scale as lead investor and platform sponsor. Indosat brings trusted market leadership, digital infrastructure, and execution capabilities to accelerate AI adoption in Indonesia. NVIDIA powers the platform with accelerated computing, AI software, next-generation GPU access, and its global AI ecosystem, while Nokia delivers AI-native networking for secure, high-performance AI infrastructure. Together, the partners combine global technology with regional scale and local execution to accelerate AI innovation across Asia-Pacific.

To support its long-term growth, Zankore by Indosat has established the Board of Directors, bringing together representatives from its principal shareholders and independent leadership. The Board of Directors comprises Aziz Aluthman Fakhroo and Thomas Chevanne representing Ooredoo Group as lead investor, Vikram Sinha and Vishal Gupta representing Indosat Ooredoo Hutchison, and Arijit Ranjan Sarker as Independent Director, with Ulf Ewaldsson serving as Chief Executive Officer. Together, the Board of Directors and CEO provide strategic oversight, leadership, and governance as Zankore scales its AI infrastructure platform across Southeast Asia.

As AI reshapes industries and economies, Zankore by Indosat provides the integrated AI platform that Southeast Asia needs to compete in the AI era. Built for hyperscalers, enterprises, governments, and AI innovators, it enables the region to accelerate innovation and unlocks new opportunities for sustainable economic growth.

Citi acted as the exclusive financial advisor to Indosat on this transaction. FTI Capital Advisors acted as financial advisor to Ooredoo Group.

Nokia provides recast comparative financial information reflecting the presentation of Fixed Wireless Access CPE and Enterprise Campus Edge businesses as discontinued operations

Nokia today provides recast comparative financial information for Nokia Group and its reportable segments for Q1 2026 and Q1-Q4 2025 reflecting the presentation of Fixed Wireless Access CPE and Enterprise Campus Edge businesses as discontinued operations.

Presentation of Fixed Wireless Access CPE and Enterprise Campus Edge businesses as discontinued operations

As part of the strategy work that led to Nokia's new strategy and reorganization of its business into two primary operating segments, Nokia identified several units which were not seen as core to the future of the company's strategy. These units were moved into a dedicated operating segment called Portfolio Businesses beginning from 1 January 2026 while the company continued to assess the best value creating opportunity for them. During Q2 2026, Nokia classified the Fixed Wireless Access CPE and Enterprise Campus Edge businesses included in the Portfolio Businesses segment as discontinued operations. This followed the agreement Nokia reached to sell its Fixed Wireless Access CPE business and its assessment that it is highly probable it will reach an agreement to sell Enterprise Campus Edge. Classification of these businesses as discontinued operations had also a minor impact on the financial information for Network Infrastructure and Mobile Infrastructure segments due to the scope of expected transactions and centrally allocated costs. For more information on Nokia’s current operational and reporting structure and discontinued operations, refer to Note 2. Segment information and Note 3. Discontinued operations and disposal groups held for sale in Nokia’s Report for Q2 and Half Year 2026.

To provide a basis for comparison, the following tables present summarized income statement information for Nokia Group and its reportable segments on an unaudited basis for all quarters and the full year of 2025, as well as for the first two quarters and first half of 2026, reflecting the presentation of Fixed Wireless Access CPE and Enterprise Campus Edge businesses as discontinued operations.

Tables in Excel are attached to this stock exchange release.

Nokia Group

Network Infrastructure

Mobile Infrastructure

Portfolio Businesses

About Nokia

Nokia is a global leader in connectivity for the AI era. With expertise across fixed, mobile, and transport networks, we’re advancing connectivity to secure a brighter world.

Inquiries:

Nokia
Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
Maria Vaismaa, Vice President, Corporate Communications

Nokia
Investor Relations
Phone: +358 931 580 507
Email: investor.relations@nokia.com

Attachment

• Recast Tables ENG

Nokia Corporation Report for Q2 and Half Year 2026

Solid Q2 fueled by growing AI & Cloud demand

• Q2 net sales grew 9% y-o-y on a constant currency basis (+8% reported).
• Network Infrastructure net sales grew 12% y-o-y on a constant currency basis, led by Optical Networks growing 20% and IP Networks growing 16%. Net sales to AI & Cloud customers grew 105%.
• Mobile Infrastructure net sales grew with a stable year-on-year profit contribution driven by product mix.
• Q2 comparable gross margin expanded 70bps y-o-y to 46.0%. Reported gross margin rose 60bps to 44.6%.
• Q2 comparable operating margin increased 70bps y-o-y to 9.0%. Reported operating margin declined 430bps to (1.0)% due to a faster pace of restructuring.
• Q2 comparable diluted EPS for the period of EUR 0.07; reported diluted EPS for the period of EUR 0.00.
• Nokia has reclassified two businesses previously in its Portfolio Businesses segment into discontinued operations.
• Operationally, Nokia's full year outlook is unchanged. The presentation of these two businesses as discontinued operations has led to a EUR 0.1 billion technical revision to the full year comparable operating profit range. Nokia's outlook is now for EUR 2.1 to 2.6 billion of comparable operating profit.

"Q2 demonstrates our strategy is delivering results. Since we set out our plan late last year, Team Nokia has focused on maximizing our opportunity in the AI supercycle. I am encouraged by the execution and progress we have made in a short period of time. We enter the second half with momentum and remain on track to deliver somewhat above the midpoint of our comparable operating profit guidance.

In Q2, our AI & Cloud order intake was EUR 2.8 billion, while sales more than doubled year-on-year. The strength was broad-based, as we secured long-term orders in both Optical Networks and IP Networks. We expect around half of these orders to convert to revenue over the next twelve months. Demand remains strong, while supply continues to be the main industry constraint, prompting our customers to place longer-term orders.

As AI evolves, trusted connectivity becomes even more critical and we are delivering market leading innovation that helps customers differentiate and capture value in this new era. Last week we launched the industry’s first commercial AI-RAN platform, which will help customers unlock more from their networks, including more than 100% spectral efficiency gains by 2028. These benefits will be tangible in 5G networks and the platform provides a software upgrade path to 6G. This innovation is one example of how we unlock value for our customers and generate returns for our shareholders."

Justin Hotard, President and CEO

This is a summary of the Nokia Corporation Report for Q2 and Half Year 2026 published today. Nokia only publishes a summary of its financial reports in stock exchange releases. The summary focuses on Nokia Group's financial information as well as on Nokia's outlook. The detailed, segment-level discussion will be available in the complete financial report hosted at www.nokia.com/financials. Investors should not solely rely on summaries of Nokia's financial reports and should also review the complete reports with tables.

FINANCIAL RESULTS

OUTLOOK

¹ Please refer to Alternative performance measures section in Nokia Corporation Report for Q2 and Half Year 2026 for a full explanation of how this term is defined.
² Outlook is based on a EUR:USD rate of 1.14 for the remainder of 2026.

Operationally, Nokia's outlook is unchanged for full year 2026. However, a change in the presentation of two businesses (Fixed Wireless Access CPE and Enterprise Campus Edge) which are now treated as discontinued operations revises the comparable operating profit outlook by EUR 0.1 billion. As a result Nokia's comparable operating profit guidance range is now EUR 2.1 to 2.6 billion (was EUR 2.0 to 2.5 billion).

The outlook and the underlying outlook assumptions are forward-looking statements subject to a number of risks and uncertainties as described or referred to in the Risk Factors section later in this release.

Along with Nokia's official outlook target provided above, Nokia provides the below assumptions that support the group level financial outlook for 2026.

¹ Net sales growth assumption is on a constant currency and portfolio basis.

RESTRUCTURING UPDATE

Acceleration of restructuring actions
Consistent with Nokia’s objective of increasing agility and reallocating resource toward growth opportunities, the company has accelerated certain restructuring actions. In total, this means that Nokia now expects related charges of EUR 800 million in 2026.

• 2023 - 2026 restructuring program: In Oct 2023, Nokia initiated a program to achieve between EUR 800 million and 1 200 million in gross cost savings by the end of 2026. Nokia is currently tracking to achieve the high-end of that range and continues to expect EUR 250 million of restructuring charges in 2026 related to the conclusion of the program.
• Simplifying Nokia’s operating structure in China: In January, Nokia announced that having taken full ownership of its joint venture in China it would integrate the operations into its global operating model. At the time this was expected to take 2-3 years with integration charges of between EUR 350 and 400 million and the expectation to deliver EUR 200 million in cost savings. Nokia now expects to recognize EUR 350 million of the planned integration charges by the end of 2026 as we target to complete the integration within 2 years.
• Additional restructuring actions primarily in Europe: As a further step in simplifying Nokia’s operating model and allocating resources towards growth opportunities, the company has already initiated additional restructuring programs primarily in Europe. These programs are expected to lead to restructuring charges of EUR 200 million in 2026.

SHAREHOLDER DISTRIBUTION

Dividend

Under the authorization by the Annual General Meeting held on 9 April 2026, the Board of Directors may resolve on the distribution of an aggregate maximum of EUR 0.14 per share to be paid in respect of financial year 2025. The authorization will be used to distribute dividend and/or assets from the reserve for invested unrestricted equity in four installments during the authorization period unless the Board decides otherwise for a justified reason.

On 23 July 2026, the Board resolved to distribute a dividend of EUR 0.04 per share. The dividend record date is 28 July 2026 and the dividend will be paid on 6 August 2026. The actual dividend payment date outside Finland will be determined by the practices of the intermediary banks transferring the dividend payments.

Following this announced distribution, the Board’s remaining distribution authorization is a maximum of EUR 0.06 per share.

ADDITIONAL TOPICS

Businesses moved to discontinued operations
In Q2 2026, Nokia classified its Fixed Wireless Access CPE and Enterprise Campus Edge businesses as discontinued operations. Nokia reached an agreement to sell its Fixed Wireless Access CPE business to Inseego and Nokia also deems it highly probable it will reach an agreement to sell Enterprise Campus Edge business. Nokia is today publishing a separate release that provides a recast of Nokia's financial results for each quarter in 2025 and Q1 2026. If Nokia had not treated these businesses as discontinued operations in Q2 2026, net sales would have been EUR 66 million higher and comparable operating profit would have been EUR 13 million lower.

Nokia acquires further U.S. optical manufacturing capacity
Nokia continues to expand its long-term optical component manufacturing plans. Nokia remains on track with its new San Jose Fab to begin ramping production later in Q4 2026 and announced during Q2 2026 an investment to increase its advanced test and packaging capacity in Pennsylvania by 10x beginning in Q3 2026. These investments support the demand expected in 2027 and 2028.
As part of its long-term capacity planning, Nokia has entered into a definitive agreement to acquire NXP's Chandler Semiconductor Fabrication campus in Arizona. Subject to the receipt of certain regulatory approvals, Nokia will initially lease manufacturing capacity in a portion of the facility on the site starting in early 2027 and will convert the site to Indium Phosphide semiconductor production for optical components. Nokia will then acquire the full site, with the transaction expected to close in Q1 2029. The transaction further strengthens Nokia's in-house compound semiconductor manufacturing capabilities through the addition of a highly experienced team with deep industry expertise. It also adds U.S.-based Indium Phosphide semiconductor manufacturing capacity at a time when secure and scalable domestic supply is becoming increasingly important for the broader U.S. technology ecosystem and the AI supercycle build out.

RISK FACTORS

Nokia and its businesses are exposed to a number of risks and uncertainties which include but are not limited to:

• Competitive intensity, which is expected to continue at a high level as some competitors seek to take share;
• Changes in customer network investments related to their ability to monetize the network or opportunities related to AI and data center growth;
• Our ability to ensure competitiveness of our product roadmaps and costs through additional R&D investments;
• Our ability to procure or manufacture certain components (e.g. semiconductors), the costs thereof and our ability to align our inventory levels and supplier commitments with customer demand
• Disturbance in the global supply chain;
• Impact of inflation, increased global macro-uncertainty, major currency fluctuations, changes in tariffs and higher interest rates;
• Potential economic impact and disruption of global pandemics;
• War or other geopolitical conflicts, disruptions and potential costs thereof;
• Other macroeconomic, industry and competitive developments;
• Timing and value of new, renewed and existing patent licensing agreements with licensees;
• Results in technology licensing; costs to protect and enforce our intellectual property rights; on-going litigation with respect to licensing and regulatory landscape for patent licensing;
• The outcomes of on-going and potential disputes and litigation;
• Our ability to execute, complete, successfully integrate and realize the expected benefits from transactions;
• Timing of completions and acceptances of certain projects;
• Our product and regional mix;
• Uncertainty in forecasting income tax expenses and cash outflows, over the long-term, as they are also subject to possible changes due to business mix, the timing of patent licensing cash flow and changes in tax legislation, including potential tax reforms in various countries and OECD initiatives;
• Our ability to utilize our Finnish deferred tax assets and their recognition on our balance sheet;
• Our ability to meet our sustainability and other ESG targets, including our targets relating to greenhouse gas emissions;

as well the risk factors specified under Forward-looking statements of this release, and our 2025 annual report on Form 20-F published on 5 March 2026 under Operating and financial review and prospects-Risk factors.

FORWARD-LOOKING STATEMENTS

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 regarding: A) expectations, plans, benefits or outlook related to our strategies, projects, programs, product launches, growth management, licenses, sustainability and other ESG targets, operational key performance indicators and decisions on market exits; B) expectations, plans or benefits related to future performance of our businesses (including the expected impact, timing and duration of potential global pandemics, geopolitical conflicts and the general or regional macroeconomic conditions on our businesses, our supply chain, the timing of market changes or turning points in demand and our customers’ businesses) and any future dividends and other distributions of profit; C) expectations and targets regarding financial performance and results of operations, including market share, prices, net sales, income, margins, cash flows, cost savings, the timing of receivables, operating expenses, provisions, impairments, tariffs, taxes, currency exchange rates, hedging, investment funds, inflation, product cost reductions, competitiveness, value creation, revenue generation in any specific region, and licensing income and payments; D) our ability to execute, expectations, plans or benefits related to transactions, investments and changes in organizational structure and operating model; E) impact on revenue with respect to litigation/renewal discussions; and F) any statements preceded by or including "anticipate", “continue”, “believe”, “envisage”, “expect”, “aim”, “will”, “target”, “may”, “would”, “could“, "see", “plan”, “ensure” or similar expressions. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from such statements. These statements are based on management’s best assumptions and beliefs in light of the information currently available to them. These forward-looking statements are only predictions based upon our current expectations and views of future events and developments and are subject to risks and uncertainties that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. Factors, including risks and uncertainties that could cause these differences, include those risks and uncertainties identified in the Risk Factors above.

ANALYST WEBCAST

• Please note that Nokia's webcast time has changed and will begin on 23 July 2026 at 3.00 p.m. Finnish time (EEST). The webcast will last approximately 60 minutes.
• The webcast will be a presentation followed by a Q&A session. Presentation slides will be available for download at www.nokia.com/financials.
• A link to the webcast will be available at www.nokia.com/financials.
• Media representatives can listen in via the link, or alternatively call +44 20 3428 1399. Conference ID is 050-573-800.

FINANCIAL CALENDAR

• Nokia plans to publish its third quarter and January-September 2026 results on 22 October 2026.

About Nokia

Nokia is a global leader in connectivity for the AI era. With expertise across fixed, mobile, and transport networks, we’re advancing connectivity to secure a brighter world.

Inquiries:

Nokia
Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
Maria Vaismaa, Vice President, Corporate Communications

Nokia
Investor Relations
Phone: +358 931 580 507
Email: investor.relations@nokia.com

Attachment

• 2026_Q2_Nokia_ Earnings_release_English

Nokia only publishes a summary of its financial reports in stock exchange releases. The summary focuses on Nokia Group's financial information as well as on Nokia's outlook.

The detailed, segment-level discussion will be available in the complete financial report hosted at www.nokia.com/financials. Investors should not solely rely on summaries of Nokia's financial reports, but should also review the complete reports with tables.

Analyst webcast

• Please note that Nokia's webcast time has changed and will begin at 3:00 p.m. on 23 July 2026 Finnish time (EEST). The webcast will last approximately 60 minutes.
• The webcast will be a presentation followed by a Q&A session. Presentation slides will be available for download at www.nokia.com/financials.
• A link to the webcast will be available at www.nokia.com/financials.
• Media representatives can listen in via the link, or alternatively call +44 20 3428 1399. Conference ID is 050-573-800.

Built on Nokia’s AI-native network architecture and NVIDIA’s accelerated computing, Nokia’s AI-RAN platform delivers a step change in network performance and economics. The AI-RAN platform has already shown more than 20% spectral efficiency gains through AI-driven radio innovations. The company is on track to deliver 50% spectral gains by 2027 and more than 100% by 2028, helping telecommunication providers carry significantly more traffic in dense cells while reducing cost per bit and improving customer experience.

Through a new software subscription model, telecommunication providers can benefit from AI innovation, new features and performance enhancements without relying on hardware refresh cycles. Nokia’s AI-RAN solutions will enter pilot deployments at the end of this year and be commercially available in 2027, with a roadmap that leverages NVIDIA’s programmable merchant silicon platforms.

One AI-native platform. Three paths to adoption

Recognizing the diversity of telecommunication providers’ network strategies and installed RAN bases, Nokia’s AI-RAN platform is built on a common software-defined architecture powered by Nokia’s anyRAN software and NVIDIA’s accelerated computing. Supporting 4G, 5G and future network evolution, it provides three hardware platform options, including an expansion card for existing AirScale deployments and a Cloud RAN alternative. Fully compliant with Open RAN standards, the platform supports open, interoperable multi-vendor deployments while giving operators the flexibility to choose the hardware and cloud environments that best meet their needs. These hardware platform options allow telecommunication providers to modernize at their own pace while preserving existing infrastructure investments, benefiting from a common software roadmap and accelerating innovation at software speed. Telecommunication providers can adopt AI-RAN in stages using the approach that best matches their deployment strategy, capacity requirements and installed base.

Build on existing investments

For existing Nokia customers, Nokia is introducing the new GPU-powered AirScale capacity plug-in unit as the most efficient path forward. Designed for Nokia’s installed AirScale base, the solution integrates NVIDIA’s accelerated computing into existing network infrastructure, enabling a significant capacity step-change through a simple upgrade path while preserving existing network investments. This approach is also supported by AI-accelerated merchant silicon from Marvell as part of Nokia’s broader ecosystem approach to software-defined AI-RAN architectures. Telecommunication providers can introduce advanced AI capabilities, continuously improve performance through software and extend the value of deployed infrastructure.  

Scale AI-native capacity anywhere

For telecommunication providers seeking maximum deployment flexibility and performance, Nokia is introducing the industry’s first GPU-powered standalone AI-RAN node. It brings AI-accelerated RAN performance to any network environment and supports 4G, 5G and future 6G workloads on a common platform. The solution can be deployed as a standalone node, in clustered configurations or alongside AirScale as a single logical base station, providing operators with a highly flexible path to scale AI-native networks while preserving deployment choice.

Enabling cloud-native AI-RAN

For telecommunication providers embracing cloud-native architectures, Nokia is introducing GPU-powered AI-RAN COTS server solutions delivered through ecosystem partners. The platforms enable an open and secure supply chain while supporting deployment on industry-standard accelerated computing infrastructure, combining cloud-native flexibility with the performance requirements of AI-native radio networks. 

Innovation at software speed

Nokia’s AI-RAN marks a fundamental shift from hardware-defined radio networks to software-defined platforms that continuously improve through software and AI innovation. Through Nokia’s new subscription-based commercial model, telecommunication providers gain ongoing access to advanced AI algorithms, spectral efficiency enhancements, network optimization capabilities and future AI-native features that can be activated through software. This approach allows them to benefit from continuous innovation while maximizing long-term returns on infrastructure investments, enabling improved TCO and performance at no hardware premium. Rather than waiting for the next hardware cycle, networks can continuously enhance performance, efficiency, security and resilience as new capabilities become available.

By combining AI-accelerated computing, advanced AI algorithms and an open ecosystem approach, Nokia is helping telecommunication providers unlock greater capacity, stronger economics and continuous innovation while building the foundation for future network evolution.

Multimedia, technical information and related news

Product page: AirScale baseband solutions

Product page: AI-RAN

Press release: Nokia accelerates AI-RAN momentum with new partnerships driving path to AI-Native 6G  

Under the agreement, Nokia will deploy its latest AirScale portfolio, including next-generation baseband and radio solutions, alongside advanced software capabilities to enhance Taiwan Mobile’s existing network infrastructure and enable new 5G services and monetization opportunities. The partnership builds on the companies' shared vision of integrating artificial intelligence across mobile networks to create highly automated, resilient and energy-efficient networks capable of supporting the increasing AI traffic.

Driving AI across the network lifecycle

The deployment introduces a comprehensive set of AI-driven capabilities spanning network intelligence, infrastructure, sustainability and resilience:

• AI for Network (Intelligence): Nokia will introduce AI-powered software that enables real-time automation and predictive analytics, enhancing operational efficiency and enabling closed-loop network assurance. The agreement includes Predictive Hardware Analytics (PHWA) service and our self-organizing networks solution, MantaRay SON, which uses AI algorithms to automate operations and enhance performance.
• Network for AI (Infrastructure): Nokia’s next-generation baseband and advanced radio solutions will increase network capacity and uplink performance to meet the demands of new traffic profiles generated by AI applications while delivering superior user experiences.
• AI for Energy (Sustainability): Advanced AI-powered energy management algorithms will enable traffic-aware optimization and proactive power savings, helping Taiwan Mobile reduce energy consumption and meet its ESG targets.
• AI for GeoStrategy (Resilience): AI-enabled self-healing and traffic steering capabilities will strengthen network resilience, allowing the network to dynamically adapt to changing conditions and maintain service continuity, including in extreme scenarios.

Enabling automation, performance, and new services

The new deal will expand 5G capacity and optimize network performance through the deployment of advanced radios and next-generation baseband solutions. These upgrades will support enhanced throughput, improved spectrum efficiency and the delivery of premium user experiences. In parallel, the integration of AI-driven network management and automation solutions will enable predictive maintenance, reduce operational complexity and lower total cost of ownership while supporting the introduction of new 5G capabilities such as slicing and RedCap.

Supporting sustainability and long-term network evolution

Nokia’s energy-efficient hardware combined with AI-driven software will help Taiwan Mobile reduce power consumption and enable more sustainable network operations. This supports the operator’s ambition to build a low-carbon, high-efficiency network while improving overall operational performance.

Multimedia, technical information and related news

Product Page: AirScale Baseband Solutions

Product Page: MantaRay SON

Product Page: AI-RAN

As European defense investment reaches its highest level in decades, defense forces are accelerating the integration of AI-enabled capabilities into their operations. A defining challenge is ensuring resilient, trusted connectivity in denied environments, where communications, sensing and mission-planning must work seamlessly together for AI-enabled operations to succeed in the field.

The partnership is delivering three integrated operational capabilities:

• AI-enabled command-and-control on deployable 5G networks: bringing together Nokia's deployable 5G networks with NestOS, NestAI's adaptive operating system for modern battlefield operations, to help European forces maintain command and control, support autonomous systems and reduce reliance on fixed communications infrastructure.
• Mission planning with assured connectivity: integrating Nokia’s radio-network planning models into NestOS mission-planning tools, enabling forces to assess, plan and adapt connectivity as part of the mission while reducing the risk of coverage gaps during fast-moving multidomain operations.
• Earlier threat detection and response: combining Nokia’s Integrated Sensing and Communications (ISAC) early-detection capability with NestAI’s multi-sensor tracking to provide operators with earlier, wide-area threat awareness and support faster, more informed decision-making in, even in contested environments with limited connectivity.

These capabilities are built for the conditions modern forces now face: denied communications, active electronic attack and emerging drone threats that must be detected before dedicated sensors acquire a target. The partnership addresses all three with European-developed technologies built to NATO operational requirements.

Nokia Defense provides secure, intelligent connectivity for defense in the AI era. Built on Nokia’s global leadership across fixed, mobile, and transport networks, it delivers resilient, mission-ready communications solutions that strengthen national security and support critical operations worldwide. For more information: www.nokia.com/defense-communications.

The multi-year project will modernize Orange Belgium’s infrastructure to create a more resilient, secure and scalable network capable of supporting the growing demand for bandwidth across consumer and business services. The deployment will help Orange Belgium deliver a more seamless connectivity experience as demand continues to increase from machine learning applications, as well as remote working, video streaming, gaming and cloud services.

By consolidating fixed and mobile transport infrastructure into a single network, Orange Belgium will also simplify operations and improve service delivery across its network. Nokia’s AI-powered WaveSuite automation platform will help Orange Belgium to streamline network management, improve operational efficiency, and accelerate the time-to-market for new services.

The modernized optical network will transport Orange Belgium’s fixed and mobile traffic from customer-provided equipment through metro access and backbone infrastructure, supporting services from 1G to 400G and beyond. It also marks the first deployment of Nokia’s high capacity 1830 PSS platform within an Orange affiliate for core optical transport.

This multi-year project will leverage Nokia's AI-powered network automation through the company’s WaveSuite software solution, end-to-end synchronization management with a Nokia RAN installed base, higher resiliency with a GMPLS control plane, as well as the implementation of thin transponders based on the new high capacity 1830 PSS platform, marking a significant step forward in delivering reliable and secure connectivity for advanced services across Belgium.

Multimedia, technical information and related news

Product: 1830 Photonic Service Switch (PSS)

Webpage: WaveSuite optical network automation

The initiative supports the Finnish Border Guard’s goal of building a sovereign, integrated counter-unmanned aerial systems (UAS) and threat detection capability to be deployed nationwide. By connecting platforms, sensors and command-and-control systems, the solution is designed to deliver enhanced real-time situational awareness and enable faster, more coordinated responses to evolving multi-domain threats.

Nokia’s role reflects the growing importance of trusted and intelligent connectivity as a foundation for modern defense and border security. As drones become more accessible and widely used, threat detection, sensing and connectivity must work seamlessly to protect personnel, infrastructure and mission effectiveness. Through the consortium, Nokia Defense will work with key partners to support a scalable, future-ready system aligned with national and allied requirements.

The Finnish Border Guard initiative includes the procurement and deployment of evaluation platforms, connectivity and sensing capabilities, and system integration. The solutions will be evaluated during 2027 and early 2028.

Multimedia, technical information and related news

Web Page: Defense communications

Nokia and AWS are collaborating to run Nokia’s Autonomous Networks Fabric on AWS, giving operators access to advanced AI and cloud services required for Level 4 autonomy. This builds on a set of existing digital operations applications from Nokia — covering orchestration, assurance, and unified inventory — already on the platform. Availability is expected later this year.

Nokia’s Autonomous Network Fabric weaves together a broad portfolio that delivers intent-based service orchestration across multi-domain, multi-vendor networks; provides 360-degree observability with AI-powered anomaly detection, root cause analysis, and closed-loop resolution; and offers a single source of truth for network topology and resources.

The Fabric unifies observability, analytics, security, and automation through four core capabilities:

• Unified Data Management across domains.

• Agentic AI for service operations and optimization.

• Digital Twin simulations for proactive impact assessment.

• Intent-Based Networking that translates business goals into automated closed-loop actions.
   

‘This is how telcos will compete in the AI era’

While legacy network management tools require teams of experts to manually oversee mobile, fixed, and transport networks in silos, Nokia helps operators evolve from static infrastructures to programmable, AI-native platforms that anticipate changing traffic mixes and operate at machine speed to connect intelligence.

Running on AWS, Nokia’s solutions gain elastic scalability, global availability, and broad model choices through cloud AI and ML services — including Amazon Bedrock and Amazon SageMaker — enabling operators to innovate faster while reducing infrastructure costs. Nokia is also engineering an optimized cloud footprint that minimizes compute and storage requirements versus traditional on-premises deployments. 

Cloud-based network innovation

Today’s news is the latest in a series of announcements between Nokia and AWS related to cloud-based network innovation. At MWC in March, the companies showcased the industry’s first agentic AI-powered network slicing alongside du and Orange. In February, they announced the world’s first commercial mobile service on 5G Core SaaS, running on Belgium’s Citymesh network.

In addition to these developments, Nokia’s autonomous networks portfolio is already delivering measurable results, with operators achieving automation rates exceeding 90%, service delivery times of four hours or less, and service interruption periods of one minute per year or fewer — along with up to 85% reduction in slice rollout time and up to 50% fewer customer-impacting incidents.

Nokia and AWS are committed to a collaborative innovation agenda that combines Nokia’s telecom-trained AI models and domain expertise with AWS’s AI services to deliver increasingly autonomous network operations. Together, the companies will go to market to help operators evolve their operational stacks, increase autonomous operations and unlock new revenue streams.

Multimedia, technical information and related news

• Webpage: Autonomous Networks | Nokia
• Webpage: Digital Operations Center | Nokia.com
• Press release: Nokia and AWS showcase industry-first agentic AI-powered network slicing with du and Orange #MWC26
• Press release: Citymesh goes live with world’s first commercial mobile service on 5G Core SaaS, powered by Nokia and AWS

The PoC addresses a long-standing industry challenge: Telecom networks typically rely on hundreds of siloed operational and business support systems, each with its own data architecture, making it difficult to apply AI consistently across domains. To truly harness AI and multi-agent systems, operators need a common data platform that can run seamlessly across different cloud environments or on-premise infrastructure, without the need to rewrite code.

The POC confirmed Databricks and Nokia’s ability to develop a joint architecture that efficiently handles the massive scale and real-time ingestion speeds required to feed network data to AI agents for automated, cross-domain decision-making.

About the POC

Engineering teams from Nokia and Databricks focused on a real-time performance management use case, simulating analytics ingestion with an intent to scale quickly to match tier-1 operator scale in the cloud. Their work delivered several key technical breakthroughs designed to simplify how telecom operators build and run data-driven services across different environments:

• Cross-platform data pipelines, without coding complexity: Data pipelines were created once and deployed across different platforms without modification. In trials, the same data workflows ran seamlessly on both Databricks and an open-source stack based on Apache Flink, Kafka, and Iceberg, supporting real-time streaming, batch processing, and query-time data products.

• Vendor-neutral data logic design: To avoid lock-in to any single platform, Nokia engineers developed transformation logic using an abstract, platform-independent expression in Python. By separating the core logic from platform-specific connectors, the same data workflows could be reused across multiple environments.

• Automated deployment across environments: The teams validated a custom compiler that automatically adapted workflows at deployment. Based on the target environment, it translated the abstract logic into native formats — such as Delta Live Tables for Databricks or Flink SQL for open-source systems — and added the platform-specific connectors, eliminating manual rework and accelerating time to deployment.

• AI-powered creation of new data products: The project also showcased how AI can streamline operations. Using simple natural language prompts, an intelligent data fabric agent can generate new data products, request human validation, and deploy the pipeline automatically, resulting in faster innovation with less manual effort. In the agentic world, the same mechanism can be leveraged by other agents to create dynamic data products on demand by communicating (agent to agent) with the data fabric agent.

• Data fabric built for the agentic world:

  • Query-time data products computing derived metrics, applying filters, aggregating, enriching, or joining data on read instead of duplicating it.

  • Zero-copy sharing, making cross-domain data consumption lightweight and real-time.

  • A mechanism to selectively feed upper temporal layers in the cloud, where agents run retrospective tasks like root-cause analysis on past events.

Moving ahead

Nokia and Databricks plan to continue their collaboration around enhancing autonomous network capabilities, helping operators transition to a future where AI applications increasingly access, correlate, and act on large-scale network data in real time.

Multimedia, technical information and related news

Webpage: Autonomous Networks | Nokia

At DTW in Copenhagen, Nokia rolled out a new Autonomous Networks Agent Library, released the latest version of its Autonomous Networks Suite, enhanced RAN automation, and showcased new AI-driven frameworks for IP, fixed, and optical networks. Together, these capabilities enable operators to phase in various elements of AI and agentic automation across the stack, while maintaining operational control and trust in live network environments.

Portfolio details

Nokia’s Agent Library delivers pre-built AI agents that combine sophisticated reasoning, autonomous action, and deep telco expertise to solve high-value operational problems across security, assurance, and service operations. With built-in observability, governance, and “glass box autonomy,” these agents help operators make faster, context-aware decisions in dynamic live network conditions. This includes identifying zero-day attacks, reasoning through complex anomalies, event triage for root cause analysis, troubleshooting service order failures, and multi-agent coordination. Productivity gains typically range from 60 to 80% when compared to traditional operations.

Autonomous Networks Suite introduces on-premise deployment options and new use cases designed to improve business outcomes, including improved VoLTE service quality, enhanced observability, and optimized subscriber experience in radio access networks. By turning real-time network intelligence into automated operational actions, these capabilities help operators boost service performance, respond faster to operational issues, and deliver more reliable customer experiences.  

Nokia’s MantaRay SMO solution, which fully aligns with Open RAN standards and delivers field-proven multi-vendor capabilities for traditional RAN, now features Non-Real-Time RIC functionality, with AI-enabled rApps that manage complex radio networks, detect anomalies, and support dynamic network slicing. It is ready for deployment at scale and capable of handling the most extreme network environments. Nokia is working with leading operators, including NTT DOCOMO, to advance SMO-driven autonomy through MantaRay SON, AutoPilot trials, and future Non-RT RIC and rApp development. Learn more.

In parallel, upgrades to Nokia’s agentic AI framework for IP, fixed, and optical networks include:

• IP: Nokia’s Network Services Platform (NSP) lets operators deploy AI agents that can reason using real network context, supporting collaborative operations across agents and allowing guided actions within defined policies and security boundaries. Its first application, an AI-driven troubleshooting agent, helps operators accelerate root-cause identification, reduce alert noise, and improve the accuracy of remediation actions in complex IP networks.
• Fixed: New agentic AI capabilities in Nokia’s Altiplano, Corteca, and Broadband Easy platforms are helping drive productivity and operational intelligence across home and broadband networks. Benefits include lifting first-contact helpdesk resolution rates above 50%, network incident qualification within five minutes, and a 50% reduction in return visits to construction sites and connected homes. Learn more.
• Optical: Nokia’s new WaveSuite agentic framework for optical network operations and intelligent analytics provides proactive detection of KPI anomalies and photonic equipment failures before they affect service performance. Combining WaveSuite’s operational reasoning and real-time network insights with NSP agentic framework allows network operators to accelerate root-cause analysis, reduce troubleshooting complexity, and improve remediation accuracy holistically across the IP and optical domains.
   

Addressing a key industry challenge

These advancements address a key industry challenge: applying AI in network operations in a way that is practical, controlled, and aligned with operational requirements. By embedding AI capabilities directly into existing network management platforms, Nokia enables operators to adopt automation at their own pace, scaling use cases over time.

For operators, the benefits include faster resolution of network incidents, improved operational efficiency, and greater service reliability. End users experience more stable connectivity and reduced service disruptions, with consistent digital experiences across consumer and enterprise applications.

Nokia’s latest innovations are designed for deployment across global markets, supporting leading and emerging operators as they transition toward fully autonomous networks capable of operating at machine speed and adapting continuously to evolving demands.

Nokia at DTW

At DTW, visitors to Nokia’s booth (Hall C3; Stand 306) will experience how to build autonomous networks for the AI era, with multiple demonstrations spanning agentic AI and network autonomy, cross-domain assurance and orchestration, digital twins, AI Ops, and agentic capabilities across IP, optical and fixed networks, as well as autonomous RAN operations.

Multimedia, technical information and related news

Webpage: Autonomous Networks | Nokia

As modern networks generate increasingly complex volumes of data, telecom providers face significant bottlenecks. Traditional management relies on manual troubleshooting that struggles to keep up with escalating alerts, often resulting in costly downtime. This partnership addresses these challenges by using agents to instantly process raw data, helping telecom providers distinguish critical infrastructure issues from background noise to accelerate repairs and protect revenue.

A multi-agent ecosystem built for telecom scale

Nokia is introducing six specialized agents, each designed to manage specific operational tasks independently or work together to solve complex network problems, including:

• Router agent: Acts as the central orchestration layer by interpreting user intent and managing communication between other agents while ensuring compliance with operational guardrails.
• Event triage agent: Analyzes ongoing alarms and compares them against historical patterns to identify root causes and assess operational impact.
• KPI selector agent: Provides domain-expert interpretation of complex network performance metrics, definitions, and measurement units to aid reasoning.
• Anomaly reasoner agent: Investigates unusual network behavior to determine if a deviation is a genuine issue or a false alarm.
• Action reasoner agent: Matches active events against automation catalogs to recommend specific remediation steps.
• Dashboard agent: Enables teams to quickly generate visual analytics and tracking screens using natural language prompts.

Nokia developed these capabilities using Google Cloud's Agent Development Kit (ADK) on the Gemini Enterprise Agent Platform. This framework allowed Nokia to quickly develop smart conversational and routing paths that leverage Gemini's multimodal reasoning. Instead of requiring complex managed services, the entire multi-agent framework runs seamlessly on standard Google Cloud compute and storage. By deploying the agents directly via standard tools like Kubernetes and Google Cloud Storage, Nokia ensures the solution remains cost-optimized, flexible, and fully compatible with existing customer environments, including Google Cloud tenants.

Rather than removing operators from the loop, the framework introduces what Nokia calls "glass box autonomy." The action reasoner agent serves as an advisory layer, presenting confidence-based recommendations to human engineers, who retain final approval over critical control points before fixes are automatically executed and logged. For low-risk, policy-approved scenarios, the same architecture can also support completely closed-loop automation.

Business benefit for operators

By moving from passive monitoring to a proactive, agent-based architecture, telecom providers can save costs and improve reliability. These specialized agents can deliver immediate value, including:

• Rapid resolution: Agents can automate troubleshooting, cutting network problem-solving times by 50% to 80%. Complex issues that historically took hours to isolate—such as voice degradation or software errors—can now be flagged and resolved in minutes, drastically reducing service downtime.
• Enhanced accuracy: Agents can filter out data fluctuations to focus on genuine problems, reducing false alarms and unnecessary escalations.
• Accessible analytics: Staff can use simple language to instantly generate dashboards and performance reports.
• Cost efficiency: Agents efficiently run on top of a telecom operator's existing cloud setups, avoiding the need for expensive custom software overlays.

Availability

The router and event triage agents are already fully functional. When the platform officially launches as a SaaS model on the Google Cloud Marketplace in September 2026, operators will be able to deploy this initial starter pack of certified agents immediately to work with the Nokia Assurance Center. 

Instead of making customers wait for all agents to be finalized, Nokia will deliver the remaining, more complex agents through rolling software updates. These continuous releases will expand capabilities across Nokia's broader network portfolio—including Unified Inventory, Data Suite, and Orchestration applications—beginning in late 2026 and continuing throughout 2027.

Live demonstrations of these autonomous network agents will be on display at DTW Ignite in Copenhagen, from June 23-25. Attendees can view a live voice degradation use case at both the Google Cloud booth (#201) and the Nokia booth (#306), as well as a multi-partner fiber-break automation simulation featured in the Innovation Zone.

The new route is designed to support scaling up to 400 terabits per second (Tb/s) of transport capacity, making it Aureon's highest-capacity network connection to date and creating a scalable foundation for future AI infrastructure growth. Powered by Nokia's 1830 Global Express (GX) platform, Super C and L-band optical line system, and 1.2T ICE7 coherent optics, the deployment significantly expands Aureon's network capabilities, enabling the company to deliver transport services at a scale traditionally associated with hyperscale operators.

About Aureon

Aureon is a leading technology solutions provider helping organizations connect, collaborate, and grow. The company delivers connectivity, cloud, data center, managed IT, consulting, and contact center services that simplify technology and strengthen business performance. Backed by more than 40 years of experience and a dedicated Iowa-based support team, Aureon combines advanced solutions with exceptional service. From its headquarters in West Des Moines, the company empowers clients across the Midwest and nationwide through reliability, innovation, and a lasting commitment to community.

About t3 Broadband

Headquartered in Kansas, t3 Broadband believes broadband is the economic driver for communities. With the global economy evolving towards being always-connected, access to broadband connections is becoming an essential service. It is their mission to support service providers, utilities, and communities of all sizes by helping them bring fast, reliable and secure broadband services economically, quickly, and everywhere to their customers. t3 Broadband expertly analyzes, designs, and services economically sound broadband networks by using proven processes and technology.  For more information, please visit www.t3broadband.com or mail us at sales@t3broadband.com.

Modern defense requires continuous communication across many manned and unmanned systems. However, maintaining reliable connectivity beyond the vehicle remains an operational challenge. This collaboration extends secure, high-speed 5G connectivity from combat vehicles directly to troops and robotic systems in the field, enabling continuous data exchange in contested scenarios.

Built for demanding conditions, Nokia Defense’s deployable 5G-based technology delivers high capacity, low latency, secure and resilient connectivity to improve situational awareness and mission coordination. Its flexible design enables rapid deployment in areas where communications are limited or unavailable.

Multimedia, technical information and related news

Web Page: Defense communications | Nokia.com

Nokia and Lenovo signed their previous agreement in 2021. Both Nokia and Lenovo contribute their inventions to open standards in return for the right to license them on fair, reasonable and non-discriminatory (FRAND) terms. Companies can license and use these technologies without making substantial investments in the standards, fuelling innovation and the development of new products and services for consumers.  

To learn more about how Nokia’s technologies are implemented into over a billion new devices every year, visit:

• Cellular patents for mobile phones
• Consumer electronics patent licensing program
• Patent licensing

Once completed, the initiative will enable up to 30 Tbps of capacity per fiber pair, three times that of legacy systems, and will deliver low-latency connectivity between Thailand, Malaysia and Singapore. This will support advanced, real-time use cases such as Artificial Intelligence (AI) inference, cloud bursting and mission-critical enterprise applications. The upgrade also supports the sustainability goals of the subsea network operators by reducing the carbon footprint through improving power efficiency.

The MCT cable is the only subsea system landing in Rayong in Thailand’s EEC, the country’s primary hub for AI-driven data center investment. Thailand is rapidly emerging as a regional digital infrastructure hub, attracting more than USD23 billion in data center investment across 36 projects, according to Thailand’s Board of Investment (BOI) data.

This growth is attracting several global hyperscalers seeking trusted, high-capacity connectivity routes. The upgraded MCT cable provides a critical, low-latency and sovereign connectivity, addressing the region’s growing demand for secure, high-performance subsea infrastructure.

Nokia’s PSE-6 solution uses advanced 5nm DSP technology and intelligent signal optimization to deliver higher capacity, better efficiency and long-term scalability. It enables a direct, high-capacity and low-latency connectivity route for enterprises, OTT players and AI and cloud providers, while reducing network power consumption by 60%. The deployment is further supported by Nokia’s WaveSuite optical network automation platform. The solution will enable a single pane of glass improved multilayer network visibility along with support for cross-domain automation to achieve sustainable energy optimization, lifecycle operations, and network resiliency in their high-performance end-to-end connectivity.

Today, less than two percent of global semiconductor ATP takes place in the U.S. Nokia’s Allentown facility is one of only a few in the U.S. providing ATP of photonic chips into optical modules for use in AI and telecom infrastructure. Through investment in new manufacturing equipment and an expanded manufacturing footprint, Nokia is increasing the site’s production capacity by up to 10 times its current level, with new capacity expected to be commercially available by the end of the third quarter.

Nokia’s optical technologies provide advanced connectivity solutions for telecom networks to enable AI infrastructure and can reduce energy usage by as much as 75 percent. Nokia’s investment results in the domestic manufacturing of components used in AI infrastructure, creates new jobs, and significantly reduces energy usage in AI communications.

“The AI supercycle is fundamentally reshaping network and infrastructure requirements in the U.S. and globally. Our expansion in Allentown is a direct investment in that future—scaling domestic manufacturing of the optical networking technologies that power AI infrastructure. It also reflects the strong partnership between Nokia, the United States, and the Commonwealth of Pennsylvania to support advanced manufacturing, create jobs, and strengthen U.S. technology leadership and global competitiveness,” said Justin Hotard, President and CEO of Nokia.

“Nokia is doubling down on the Lehigh Valley and ensuring that the future of chip production continues to run through this region because we’ve made smart investments to make Pennsylvania more competitive and proven that our Commonwealth is a great place to do business,” said Governor Shapiro. “As demand for semiconductors continues to grow across industries, we’ll continue to position Pennsylvania as a leader in innovation, with a supportive, thriving business climate that helps companies compete on a global scale. From advanced manufacturing to the research and development of new technology like advanced chip packaging, Pennsylvania has all the resources to be a world leader in chip production.”

“This is great news for Pennsylvania. Nokia is doubling its local workforce to more than 500 good-paying jobs in engineering, manufacturing, and R&D, all while expanding our ability to domestically produce the critical technologies that power AI infrastructure. This matters for both our economy and our national security,” said Senator Dave McCormick. “These technologies also help cut energy use in AI communications, showing that we can lead on innovation while also smartly managing our resources at the same time.”

“Nokia’s investment in Pennsylvania is directly advancing America’s AI leadership,” said Bill Frauenhofer, Executive Director of Semiconductor Investment and Innovation at the Department of Commerce. “Supported by CHIPS and Science Act funding, Nokia is deepening its commitment to innovation and the production of photonic chips in the United States. This project enables critical optical technology and strengthens America’s semiconductor supply chain.”

“Nokia’s latest investment is further proof that the Lehigh Valley is becoming a world leader in advanced manufacturing,” said U.S. Congressman Ryan Mackenzie. “With the help of our unparalleled, highly-skilled workforce, Nokia’s local expansion will help our region continue to drive innovation and build the tools behind next-generation technologies. Congratulations to Nokia and the hundreds of local workers who will benefit from this investment.”

The investment includes approximately $30 million from Nokia, which includes bipartisan support of approximately $4 million in assistance from the state of Pennsylvania and approximately $10 million in federal CHIPS investment tax credit. This expansion is part of Nokia's multi-year plan to invest $4 billion in R&D and manufacturing in the U.S. for AI-ready network connectivity. It is designed to bolster domestic supply chains for critical communications infrastructure, reinforce U.S. leadership in the technologies shaping the global AI economy and solidify Pennsylvania’s growing role as a hub for advanced manufacturing, telecommunications technology and AI infrastructure.

Media inquiries

Nokia Press Office

Email: Press.Services@nokia.com

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As IP networks grow in size and complexity with the rise of AI traffic, operators face increasing pressure to improve efficiency and reliability while maintaining full operational control. While AI has the potential to transform network operations, many operators have remained cautious due to concerns around explainability, trust, and risk in production environments. Nokia’s approach with NSP addresses these concerns by embedding agentic AI capabilities directly into the platform that already serves as the authoritative controller for IP networks.

NSP grounds AI agents in an accurate and continuously updated view of the network, including topology, protocol behaviour, configuration state, service relationships, and recent network changes. This enables AI agents to reason based on network truth, rather than inferred or fragmented data, and to operate within operator-defined intent, policies, and access controls. The NSP agent framework also allows for communication with external agents via AI-based protocols, such as Model-context protocol (MCP), across operators’ multi-vendor, multi-domain networks empowering them on their journey toward fully autonomous networks.

The first use case built on this new framework is an AI-driven Troubleshooting Agent, aimed at helping operators identify root causes faster, reduce operational noise, and resolve complex IP network issues with greater confidence. This marks a significant step in Nokia’s strategy to help operators adopt AI safely, incrementally, and at scale in live networks.

For network operators, the new agentic framework provides a flexible foundation to introduce multiple AI use cases over time without creating siloed solutions. Operators can start with focused, high-confidence scenarios and gradually expand the role of AI as trust builds, using a shared framework that enforces consistent governance and operational controls.

End-users also benefit from this evolution through faster fault resolution, improved service reliability, and reduced likelihood of prolonged or cascading outages—delivering better experiences without increasing operational risk.

This enhancement to NSP, which will be commercially available by the end of 2026, reinforces Nokia’s commitment to enabling trusted, AI‑native network operations, and to helping operators translate AI innovation into real, measurable operational outcomes.

Multimedia, technical information and related news

Webpage:       Nokia Network Services Platform

Blog:                Bringing trusted agentic AI into IP network operations

White paper:  Agentic AI transforms operations in IP networks

Related Article:DISG backs Singtel Singapore's multi-year AI transformation programme

Nokia today announced the launch of Nokia Deepfield Genome Shield, the industry’s first security automation system that facilitates proactive, always-on DDoS protection for telecommunications providers, hosting companies, internet exchange points, and cloud builders in the AI era. Genome Shield addresses the fundamental shift in DDoS threats driven by the emergence of residential proxy botnets, which now comprise approximately 200 million compromised devices worldwide.

The DDoS threat landscape has shifted over the past 12 months. Attacks now come from real subscriber devices, deliver multi‑terabit bursts that last seconds to minutes, and rapidly rotate IPs across thousands of nodes. Residential proxy botnets — estimated at 250–600 Tbps — are used to dynamically leverage large numbers of residential users, unaware that their connections are used to generate evasive attacks impacting many national networks. Traditional scrubber-based diversion and reactive mitigation can’t respond quickly enough to these sub‑minute attacks. Automated, AI-driven DDoS has industrialized the residential proxy supply chain used by botnets like Kimwolf, while AI-assisted code generation is accelerating the evolution of evasion techniques.

Nokia Deepfield Genome Shield introduces a new class of proactive, network-wide security automation that extends Deepfield Defender to address previously unaddressable use cases. The solution has been shaped through close engagement with customers and the wider security community as part of ongoing efforts to combat DDoS and botnet-driven threats. It shifts protection from reactive mitigation to proactive enforcement leveraging existing network infrastructure. Genome Shield aggregates continuously updated threat intelligence from multiple sources, including Nokia Deepfield Secure Genome® (spanning over five billion internet endpoints), GDTA telemetry, and Deepfield’s cyber range, where live malware and botnet command-and-control (C2s) generate real-time insights. All of this intelligence is further compiled in Deepfield Defender into automated DDoS policies and enforced as network-wide protection against modern cyberthreats, such as outbound DDoS.

Genome Shield extends Deepfield Defender's existing DDoS countermeasure portfolio with network-wide automated enforcement, organized across four pillars: Botnet C2 Disruption, which blocks command-and-control communications so attacks cannot be launched; DDoS Policers, which suppress amplification and volumetric traffic through proactive rate limiting; Custom Policies, enabling user-defined rules via open APIs for easy integration; and Observability, providing dashboards for compromised devices, botnet endpoints, and emerging security trends.

Genome Shield requires Nokia Deepfield Defender and is compatible with both router-based edge mitigation and with the Nokia 7750 Defender Mitigation System (DMS) for dedicated L4-L7 DDoS scrubbing. It supports on-premises, cloud-based (SaaS), and hybrid deployment models with flexible pay-as-you-grow licensing.

Initial capabilities of Genome Shield have already been introduced within Nokia Deepfield Defender and are in use by customers today. Additional features will be rolled out throughout 2026. 

Multimedia, technical information and related news

Webpage:        Nokia Deepfield Defender

Webpage:        Nokia Deepfield Genome

Webpage:        The new DDoS threat landscape

Datasheet:      Nokia Deepfield Genome Shield datasheet

Webpage:       Nokia Deepfield Genome Shield

Blog:                Herd immunity for the internet (by Jérôme Meyer)

Webpage:        Nokia 7750 Defender Mitigation System

Webpage:        Nokia FP Network Processor Technology

Webpage:        Nokia DDoS Security

Webpage:        Nokia Deepfield Global DDoS Threat Alliance (GDTA)

AI workloads are fundamentally changing how data center networks must operate. The performance, scale, and precision required to support large-scale AI training and distributed, real-time inference place unprecedented demands on networking infrastructure. To address these challenges, Nokia is adopting a new approach to how technologies are integrated, tested, and deployed from the ground up for the AI era.

The AI Networking Innovation Lab provides an environment where emerging commercial technologies can be developed and validated. Within the lab, Nokia brings together advanced AI networking protocols, cutting-edge switching silicon and hardware platforms, and new architectural concepts designed specifically for AI-driven data centers. These technologies are tested and accelerated in close collaboration with a global ecosystem of partners.

The AI Networking Innovation Lab is built upon three fundamental pillars: Technology Innovation, Ecosystem Collaboration, and Validation.

Technology Innovation: The lab provides a dedicated space for AI partners to experiment with next-gen solutions across the entire networking stack – driving emerging standards forward with pioneering approaches to new protocols, switching silicon, congestion control, real-time telemetry, and automation.

Ecosystem Collaboration: True progress depends on a strong ecosystem of technology providers – silicon manufacturers, GPU developers, system, storage and test vendors, and cloud platforms – that work together to create highly-compatible AI-ready solutions. This facilitates joint testing for interoperability, improves integration, and ensures roadmaps are aligned across different hardware, software, and orchestration layers.

Validation: This positions the lab as the testing ground for Nokia Validated Designs, where customers and partners rigorously validate multi-vendor data center architectures under authentic AI training and inference workloads. By testing failure scenarios, congestion behavior, and operational automation, the lab turns NVDs into proven, deployable solutions — enabling predictable performance, faster deployment, and reduced operational complexity and risk for organizations navigating the AI era.

The AI Networking Innovation Lab supports Nokia’s broader strategy to accelerate the next era of AI-driven connectivity. As demand for AI infrastructure continues to grow, data center networking has become one of the most critical foundations of the global AI ecosystem. Through this investment, Nokia is strengthening its capabilities in AI and cloud infrastructure while advancing its vision of AI-native networking.

Multimedia, technical information and related news

Web Page: Nokia AI Networking Innovation Lab

Web Page: Nokia Data Center Networks

Blog: Building the future of AI-native networks | Nokia

Brochure: AI Networking Innovation Lab

Press Release: Nokia strengthens leadership in AI-ready data center networks with successful end-to-end Ultra Ethernet test across data center switch family

Nokia is among a limited number of vendors that have met the requirements for conditional approval from the restriction on consumer-grade routers on the FCC’s Covered List - the list of equipment determined to pose an unacceptable risk to U.S. national security. In granting the conditional approval, the Department of War and the Department of Homeland Security determined that Nokia's products do not pose a risk to U.S. national security. 

Nokia is also taking steps to further support its customers by committing to manufacturing its Wi-Fi 8 gateways in the United States.  Wi-Fi 8 is the next major evolution of in-home wireless connectivity, designed to deliver higher reliability, improved performance, and a more consistent subscriber experience across every device in the home. The Wi-Fi 8 gateways will join Nokia's growing portfolio of U.S.-manufactured products, giving operators secure, compliant and domestically produced solution aligned with evolving policy and regulatory requirements. 

Nokia appoints Emma Falck as President of Mobile Infrastructure and member of the Group Leadership Team

Espoo, Finland – Nokia today announced the appointment of Emma Falck as President of Mobile Infrastructure and member of the Nokia Group Leadership Team, effective 1 September 2026.

Falck brings extensive experience leading transformation and improving performance in complex global technology businesses. She joins Nokia from Siemens, where she serves as Executive Vice President, Products, Smart Infrastructure Buildings, leading a global organization across product management and development, and supply chain. At Siemens, she held senior strategy roles and led technology organizations building automation, software and connected devices. Earlier in her career, she was a Partner and Managing Director at Boston Consulting Group and held senior leadership roles at KONE. She holds a PhD in Computational Physics from Aalto University.

“I’m delighted to welcome Emma to Team Nokia. As AI moves toward physical AI, networks need to become AI-native by design for both 5G Advanced and 6G.

Our focus in Mobile Infrastructure is clear: To help our customers succeed by building a software-led infrastructure business that leverages open interfaces, standards, and a rich partner ecosystem to accelerate innovation.

Emma brings broad transformation experience, operational leadership and a fresh perspective from global businesses that use technology to enable automation. She is the right leader to take MI into this new chapter,” said Justin Hotard, President and CEO of Nokia.

“I’m excited to join Nokia at a pivotal moment for our customers and the industry. As networks evolve to support new AI-driven demands, customers need partners who can deliver with speed and predictability, and turn technology roadmaps into real-world performance.

Mobile Infrastructure’s breadth across core software, radio networks and technology standards is a solid foundation. I look forward to working with the team to strengthen our execution, embed AI into our development and delivery processes, and bring the next wave of innovation to our customers,” said Falck.

Falck will be based in Espoo, Finland and report to Nokia’s President and Chief Executive Officer, Justin Hotard.

Additional background information on all current members of the Group Leadership Team can be found at: www.nokia.com/en_int/investors/corporate-governance/group-leadership-team.  

Emma Falck, CV

Born: 1977
Nationality: Finnish

Education

• Doctor of Science in Technology, Department of Engineering Physics and Mathematics, Aalto University
• Master of Science in Technology, Department of Engineering Physics and Mathematics, Aalto University

Experience
10/2024– Siemens

• Executive Vice President, Products, Smart Infrastructure Buildings
  
   

04/2023–09/2024 Siemens

• Senior Vice President and Head of Connected Devices business segment, Smart Infrastructure
  
   

09/2020–03/2023 Siemens

• Head of Strategy, Smart Infrastructure
  
   

05/2017–08/2020 Boston Consulting Group

• Managing Director and Partner
  
   

09/2014–04/2017 KONE

• Vice President, Greater China Area New Equipment Business and China Frontline Product Strategy and Marketing
  
   

04/2012–08/2014 KONE

• Director, Strategy Development
  
   

03/2007–04/2012 Boston Consulting Group

• Principal
• Project Leader
• Associate
• Consultant

09/2005–02/2007 Beckman Institute for Advanced Science and Technology, University of Illinois at Urbana-Champaign

• Postdoctoral Fellow
  
   

09/2000–08/2005 Aalto University

• PhD Student and Postdoctoral Researcher
  
   

About Nokia

Nokia is a global leader in connectivity for the AI era. With expertise across fixed, mobile, and transport networks, we’re advancing connectivity to secure a brighter world.

For more information, visit www.nokia.com.

Media inquiries

Nokia Communications
Maria Vaismaa, VP Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com

The telecom industry is set to invest $6.2 billion in agentic AI by 2030. Agentic AI systems capable of autonomous reasoning and decision-making will be a key driver of the cognitive broadband era, enabling networks to move beyond basic connectivity toward self-optimizing, AI-driven infrastructures.

Nokia embeds AI agents and natural language interaction across its Altiplano, Corteca, and Broadband Easy platforms, enabling telecom providers to modernize operations and reduce costs. Operators can resolve problems proactively, scale operations without adding headcount, and diagnose network issues using automated root cause analysis. The AI agents will make an immediate and tangible difference for operators, including lifting first-contact helpdesk resolution rates above 50%, network incident qualification within 5 minutes, and a 50% reduction in return visits to construction sites and connected homes.

Underpinning this is an open and secure approach that integrates AI agents, live data, and external services while ensuring compliance, data sovereignty, and vendor independence. Operators retain full control and can work with an LLM that best fits the specific use case, use their own interfaces, or connect data sources as they scale AI across their business.

Nokia's new AI capabilities span the full broadband network lifecycle. They increase productivity across customer care, network engineering & operations and field force teams, while boosting end-user experience:

• An AI assistant with a conversational interface gives technicians and support teams instant access to product knowledge, accelerating training and day-to-day problem solving.
• AI-powered text, voice, and image guidance assists field technicians during surveys and installations, and computer vision technology helps validate the quality of work done and build a live digital twin of the FTTH network.
• Automated diagnostics detect degradations and prevent outages; giving frontline support teams more operational precision and analytical depth.
• A troubleshooting agent improves root cause analysis and speeds up remediation across home and access networks, and uses advanced reasoning to pinpoint faults faster, reduce ticket volume, and increase first-call resolution rates.

Resources and additional information:

Product Page: Fixed Networks Cognitive Broadband

The new solution integrates Nokia’s carrier‑grade 5G within the DoW’s open architecture framework, utilizing the Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance, Reconnaissance (C5ISR)/Modular Open Suite of Standards (CMOSS). By aligning to CMOSS hardware and software module specifications, this plug‑and‑play architecture reduces complexity and accelerates integration across vehicle and expeditionary systems, improves interoperability, and enables new capabilities to be introduced and updated without disrupting existing platforms.  

By combining Nokia’s commercial 5G technologies with Lockheed Martin’s 5G.MIL^® solutions, the companies are delivering a hybrid network that allows mission‑critical systems to connect with high‑speed, cost‑effective, commercially driven 5G while maintaining the security and resilience required by defense forces. As NATO nations increasingly integrate 5G into their mission systems, this CMOSS‑aligned approach provides an additional pathway to incorporate commercial‑grade 5G into allied platforms using a standardized, modular framework also outside of the U.S.

This announcement represents a key follow-on milestone from the Nokia and Lockheed Martin collaboration first announced in 2025, which introduced the initial integration of Nokia’s industry-leading, military-grade 5G solutions with Lockheed Martin’s Hybrid Base Station. Together, the companies are moving beyond integration demonstrations to deliver a field‑ready, modular 5G capability aligned with DoW open architecture standards and deployable across military vehicles and platforms.

The CMOSS standard is developed and maintained by the U.S. Army Combat Capabilities Development Command. Through this new solution, Nokia Federal and Lockheed Martin are moving standards-based 5G from concept to deployable reality. The collaboration reflects a shared focus on delivering practical, mission-ready technology that can be integrated quickly and evolve alongside operational requirements.

About Nokia Federal Solutions

Nokia Federal Solutions is a trusted partner to the U.S. Federal Government, delivering secure connectivity for the AI era. Built on Nokia’s global leadership across fixed, mobile, and transport networks, we’re providing resilient, mission-ready communications solutions that enable defense, civilian, and national security agencies to operate with speed, reliability, and confidence in an increasingly complex world.

About Lockheed Martin

Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all‑domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at www.lockheedmartin.com.

Media inquiries

Nokia Federal Press Office Email: media@nokiafederal.com

Lockheed Martin Media Relations: media.relations@lmco.com

© 2026 Nokia Federal Solutions

Europe is losing global competitiveness each and every day. We are facing a crisis largely of our own making – and therefore one we are able to overcome. This is not just an economic concern; it threatens our social cohesion and tests the very foundation of our future prosperity and technological sovereignty.

In a period of unprecedented geopolitical and technological change, the decisions made in the coming months and years will determine whether Europe can compete and thrive in the decades ahead.

As CEOs of technology companies operating at the centre of today’s transformation, we see first-hand how the next wave of technological change is taking shape, at record speed – from semiconductors to advanced connectivity to aerospace, defence and artificial intelligence. These industries are not only central to Europe’s economic strength, but to its ability to shape what comes next.

As European tech creators, representing some of the continent's leading innovators across the foundational technology stack, we recognise our responsibility to help build this future.

Together, our companies generate revenues of €417 billion and represent a market capitalisation of almost €1.1 trillion. We account for over 957,000 high-tech jobs worldwide, invest over €40 billion in R&D annually and control 213,000 patents globally. We are the nucleus of the powerful ecosystems that form the foundation of Europe’s technological sovereignty, creating a unique opportunity for Europe to lead in the next phase of technological transformation.

For the past two decades, the focus has been on building the digital world. But the next phase of innovation will be defined by how digital capabilities are applied in the real world – across industries, infrastructure and entire economies. To create value, technologies like artificial intelligence must be connected to the physical systems they are meant to improve.

Europe has the people, the ecosystems and the technology to lead in this next phase. But too often, it is not converting this position into scale. Instead, we face fragmented markets and subsidised rivals with very strong market penetration in the EU. Companies in Europe face stifling, unnecessarily complex and often overlapping rules that make it incredibly hard to keep pace with the speed of technological progress.

Nowhere is this more visible than in the digital domain. More than three years after the “ChatGPT moment”, Europe is still debating regulation, while others have long shifted focus to scaling AI in physical systems and robotics. We must ensure we do not regulate ahead of innovation, but rather shape the standards of tomorrow by building and deploying.

However, we see an openness to change. Initiatives such as the Draghi and Letta reports and the Commission’s competitiveness agenda are a clear recognition that Europe must act differently. And we stand ready to support European leaders as they step up to the urgency of the moment.

We must use the momentum shown with current efforts to reduce and simplify Europe’s digital rules so that rules act as agile guardrails rather than rigid, detailed requirements, keeping pace with the speed of technological development. In practice, this means preserving the contractual freedom needed to create data spaces, protect intellectual property and enable industrial AI applications without overlapping constraints.

Achieving Europe’s strategic goals requires robust, market-driven sectoral policy support. European public policy, tightly coordinated with national strategies, must support breakthrough flagship projects and catalyse private capital by fully realising the Savings and Investments Union. We must also reform competition and M&A regimes, enabling the strategic consolidation and scale necessary to compete globally.

Building strategic resilience also means driving the use of trusted technology and breaking down civil-military silos to accelerate dual-use innovation. Crucially, true wealth and resilience are built on creating and controlling intellectual property, rather than merely consuming it; long-term sovereignty requires us to fiercely support and scale homegrown European innovation, alongside fostering the skills and mobility of our workforce.

Finally, all of this must be underpinned by a cohesive geo-economic strategy, fostering a unified industrial and trade approach that protects European interests while empowering our companies to thrive internationally. To execute this, we need a dedicated forum where business and political leaders can continuously align to ensure policies are grounded in industrial reality and global market dynamics.

We are deeply convinced of the creativity and innovation potential of Europeans. Yet, to truly harness that potential and catch up with global competitors, we need to focus less on ambition alone and more on execution – creating the conditions that allow us to turn Europe’s technological strengths into real-world progress.

The European Commission under President von der Leyen has taken important first steps in this direction. Now, more than ever, we urgently need to come together as tech creators and policymakers to turn this ambition into action.

The priority now is not only to grow entire strategic ecosystems – from research and startups to global champions – but also to develop and scale the next generation of technologies, including industrial AI applications, in Europe and for the world.

We stand ready to do our part and to support those European leaders willing to take bold action. The time is now. Let us collectively rise to the challenge.

The transaction includes plans for joint go-to-market initiatives between the two companies in 6G and wireless edge to capture the opportunities in AI and to further advance the FWA business. The collaboration will also explore joint innovation and carrier 5G monetization opportunities, as well as consumer and enterprise growth opportunities at the wireless edge. These efforts are expected to support and drive customer continuity, future revenue growth, and technology leadership at the wireless edge.

Under the agreement, at the closing of the transaction, Nokia will receive approximately a 7% equity stake in Inseego in the form of common stock and warrants, representing a value of US$20 million. At the close of the agreement, Nokia will make an additional $10 million investment in Inseego in the form of common stock and warrants, to further strengthen the commercial collaboration, that will bring its total ownership interest to approximately 11%.

The transaction is expected to close in Q4 2026, subject to certain terms and conditions. The agreement is not financially material to Nokia. Nokia will conduct consultations with works council or other employee representative bodies where applicable. Nokia and Inseego will work closely together to ensure seamless continuity for customers through a carefully managed transition, with a strong focus on service, support, management, and staff continuity.

Advisors 

Perella Weinberg Partners served as financial advisor to Nokia. 

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this communication may be characterized as forward-looking under the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially.

Statements in this communication that are forward-looking may include statements regarding: (1) the transaction between Nokia and Inseego (the “Transaction”); (2) the expected timing of the closing of the Transaction;  (3) the anticipated benefits to, or impact of, the Transaction on Nokia’s and Inseego’s businesses; (4) expectations for Nokia and Inseego following the closing of the Transaction, including the effect of the Transaction on Inseego’s revenues; and; and (5) any statements preceded by or including “continue”, “expect”, “will”, “may”, or similar expressions. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond Nokia’s and Inseego’s control, and are based on management’s best assumptions and beliefs in light of the information currently available to them.

Risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements include: (1) the possibility that the conditions to the closing of the Transaction are not satisfied, including the risk that required regulatory approvals to consummate the Transaction are not obtained, on a timely basis or at all; (2) the occurrence of any event, change or other circumstance that could give rise to a right to terminate the Transaction; (3) possible disruption related to the Transaction to the current plans, operations and business relationships of Nokia, including the FWA-CPE business and Inseego, including through the loss of customers and employees; (4) the amount of the costs, fees, expenses and other charges incurred by Nokia and Inseego related to the Transaction; (5) the possibility that the stock price of Inseego could fluctuate during the pendency of the Transaction and may decline if the Transaction is not completed; (6) for Inseego, the possible diversion of management’s time and attention from ongoing business operations and opportunities; (7) the response of competitors and other market participants to the Transaction; (8) potential litigation relating to the Transaction; (9) uncertainty as to the timing of completion of the Transaction and the ability of each party to consummate the Transaction; and (10) the other risks and uncertainties detailed in the periodic reports that Nokia and Inseego file with the SEC. All forward-looking statements in this communication are based on information available to Nokia and Inseego as of the date of this communication, and, except as required by law, neither Nokia nor Inseego assumes any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

Nokia Corporation Interim Report for Q1 2026

Solid start to the year with strong growth in Optical Networks

• Q1 comparable net sales grew 4% y-o-y on a constant currency and portfolio basis (+2% reported).
• Network Infrastructure net sales grew 6% y-o-y on a constant currency and portfolio basis with a strong contribution from Optical Networks which grew 20%. Net sales from AI & Cloud customers grew 49%.
• Mobile Infrastructure net sales grew 3% y-o-y on a constant currency basis. Core Software grew 5% while Radio Networks was flat and Technology Standards grew 10% with several new deals signed in the quarter.
• Q1 comparable gross margin expanded 320bps y-o-y to 45.5%. Reported gross margin increased 270bps to 44.2%.
• Q1 comparable operating margin increased 200bps y-o-y to 6.2%. Reported operating margin expanded 190bps to 1.4%.
• Q1 comparable diluted EPS of EUR 0.05; reported diluted EPS for the period of EUR 0.02.
• Q1 free cash flow of EUR 0.6 billion, net cash balance of EUR 3.8 billion.
• Nokia's full year outlook is unchanged. Nokia targets EUR 2.0 to 2.5 billion of comparable operating profit.

"We are increasing our growth assumption for Optical and IP Networks and we are investing to capture accelerating demand from AI & Cloud customers."
Justin Hotard, President and CEO

This is a summary of the Nokia Corporation Interim Report for Q1 2026 published today. Nokia only publishes a summary of its financial reports in stock exchange releases. The summary focuses on Nokia Group's financial information as well as on Nokia's outlook. The detailed, segment-level discussion will be available in the complete financial report hosted at www.nokia.com/financials. Investors should not solely rely on summaries of Nokia's financial reports and should also review the complete reports with tables.

JUSTIN HOTARD, PRESIDENT AND CEO, ON Q1 2026 RESULTS

In the following quote, net sales comments and growth rates are referring to comparable net sales and are on a constant currency and portfolio basis. References to margins are related to Nokia's comparable results.

We delivered a solid start to the year, with net sales growing 4%, gross margin expanding 320bps and operating margin expanding 200bps in the first quarter. Demand continued to be strong, particularly in AI & Cloud, where net sales grew 49% and now account for 8% of group sales. We also booked EUR 1 billion of orders from AI & Cloud customers in the quarter.

Network Infrastructure net sales grew 6%, with Optical Networks growing 20%, supported by strong order intake and a book-to-bill well above one. We won a number of important AI & Cloud design wins and orders for both pluggables and line systems in the quarter. IP Networks net sales grew 3% and we expect growth to improve in Q2 and for the full year. In Fixed Networks, net sales declined 13%, reflecting our strategic shift to higher-margin products. Our core fiber OLT business was largely flat, with a growing pipeline in our major markets.

At our Capital Markets Day in November, we outlined our view of the AI supercycle and the market opportunity for Nokia. Since then, demand has accelerated significantly. We now expect the addressable market in AI & Cloud to grow at a 27% CAGR (2025–2028), compared to the 16% we estimated in November. Across the supply chain, demand is accelerating and lead times are extending, reflecting the scale of investment underway.

At the OFC optical conference in March, we announced a new suite of innovations in Optical Networks designed to deliver the scale and performance required for AI workloads. We announced four new Digital Signal Processors (DSPs) that power 13 new solutions. These solutions unlock new applications and reduce total cost of ownership by up to 70% for our customers. Products will begin sampling in mid-2027, with volume production starting in the second half. Our new indium phosphide manufacturing facility online in San Jose, California is on track to begin ramping production later this year.

We are seeing good traction in IP Networks, with pipeline growth driven by new design wins and deeper penetration into AI & Cloud use cases inside the data center.

Mobile Infrastructure delivered a solid Q1, with an operating margin of 8.9%. Net sales grew 3%, with strength in Core Software, a steady performance in Radio Networks, and growth in Technology Standards supported by new deals in consumer electronics and multimedia. Margin expansion reflected a one-time charge in the prior year. The integration of this new segment is on track, with teams focused on delivering against our KPIs, expanding gross margin and growing operating profit over time.

We are making progress on AI-RAN and are on track to launch customer trials later this year. With the addition of Orange, we now have 10 customers publicly committed to working with us.

For the full year, we now expect Network Infrastructure net sales to grow between 12% and 14% in 2026. We expect Optical Networks and IP Networks combined to grow between 18% and 20%. We are also increasing our investment in Optical Networks to maximize our opportunity in this accelerating market. As a result we are currently tracking somewhat above the mid-point of our full year financial outlook of EUR 2.0 to 2.5 billion in comparable operating profit.

FINANCIAL RESULTS

SHAREHOLDER DISTRIBUTION

Dividend

Under the authorization by the Annual General Meeting held on 9 April 2026, the Board of Directors may resolve on the distribution of an aggregate maximum of EUR 0.14 per share to be paid in respect of financial year 2025. The authorization will be used to distribute dividend and/or assets from the reserve for invested unrestricted equity in four installments during the authorization period unless the Board decides otherwise for a justified reason.

On 23 April 2026, the Board resolved to distribute a dividend of EUR 0.04 per share. The dividend record date is 28 April 2026 and the dividend will be paid on 7 May 2026. The actual dividend payment date outside Finland will be determined by the practices of the intermediary banks transferring the dividend payments.

Following this announced distribution, the Board’s remaining distribution authorization is a maximum of EUR 0.10 per share.

OUTLOOK

¹ Please refer to Alternative performance measures section in Nokia Corporation Interim Report for Q1 2026 for a full explanation of how this term is defined.
² Outlook is based on a EUR:USD rate of 1.15 for the remainder of 2026.

The outlook and the underlying outlook assumptions are forward-looking statements subject to a number of risks and uncertainties as described or referred to in the Risk Factors section later in this release.

Along with Nokia's official outlook target provided above, Nokia provides the below assumptions that support the group level financial outlook for 2026.

¹ Net sales growth assumption is on a constant currency and portfolio basis.

RISK FACTORS

Nokia and its businesses are exposed to a number of risks and uncertainties which include but are not limited to:

• Competitive intensity, which is expected to continue at a high level as some competitors seek to take share;
• Changes in customer network investments related to their ability to monetize the network or opportunities related to AI and data center growth;
• Our ability to ensure competitiveness of our product roadmaps and costs through additional R&D investments;
• Our ability to procure or manufacture certain components and the costs thereof, such as semiconductors;
• Disturbance in the global supply chain;
• Impact of inflation, increased global macro-uncertainty, major currency fluctuations, changes in tariffs and higher interest rates;
• Potential economic impact and disruption of global pandemics;
• War or other geopolitical conflicts, disruptions and potential costs thereof;
• Other macroeconomic, industry and competitive developments;
• Timing and value of new, renewed and existing patent licensing agreements with licensees;
• Results in technology licensing; costs to protect and enforce our intellectual property rights; on-going litigation with respect to licensing and regulatory landscape for patent licensing;
• The outcomes of on-going and potential disputes and litigation;
• Our ability to execute, complete, successfully integrate and realize the expected benefits from transactions;
• Timing of completions and acceptances of certain projects;
• Our product and regional mix;
• Uncertainty in forecasting income tax expenses and cash outflows, over the long-term, as they are also subject to possible changes due to business mix, the timing of patent licensing cash flow and changes in tax legislation, including potential tax reforms in various countries and OECD initiatives;
• Our ability to utilize our Finnish deferred tax assets and their recognition on our balance sheet;
• Our ability to meet our sustainability and other ESG targets, including our targets relating to greenhouse gas emissions;

as well the risk factors specified under Forward-looking statements of this release, and our 2025 annual report on Form 20-F published on 5 March 2026 under Operating and financial review and prospects-Risk factors.

FORWARD-LOOKING STATEMENTS

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 regarding: A) expectations, plans, benefits or outlook related to our strategies, projects, programs, product launches, growth management, licenses, sustainability and other ESG targets, operational key performance indicators and decisions on market exits; B) expectations, plans or benefits related to future performance of our businesses (including the expected impact, timing and duration of potential global pandemics, geopolitical conflicts and the general or regional macroeconomic conditions on our businesses, our supply chain, the timing of market changes or turning points in demand and our customers’ businesses) and any future dividends and other distributions of profit; C) expectations and targets regarding financial performance and results of operations, including market share, prices, net sales, income, margins, cash flows, cost savings, the timing of receivables, operating expenses, provisions, impairments, tariffs, taxes, currency exchange rates, hedging, investment funds, inflation, product cost reductions, competitiveness, value creation, revenue generation in any specific region, and licensing income and payments; D) our ability to execute, expectations, plans or benefits related to transactions, investments and changes in organizational structure and operating model; E) impact on revenue with respect to litigation/renewal discussions; and F) any statements preceded by or including "anticipate", “continue”, “believe”, “envisage”, “expect”, “aim”, “will”, “target”, “may”, “would”, “could“, "see", “plan”, “ensure” or similar expressions. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from such statements. These statements are based on management’s best assumptions and beliefs in light of the information currently available to them. These forward-looking statements are only predictions based upon our current expectations and views of future events and developments and are subject to risks and uncertainties that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. Factors, including risks and uncertainties that could cause these differences, include those risks and uncertainties identified in the Risk Factors above.

ANALYST WEBCAST

• Nokia's webcast will begin on 23 April 2026 at 11.30 a.m. Finnish time (EEST). The webcast will last approximately 60 minutes.
• The webcast will be a presentation followed by a Q&A session. Presentation slides will be available for download at www.nokia.com/financials.
• A link to the webcast will be available at www.nokia.com/financials.
• Media representatives can listen in via the link, or alternatively call +1-412-317-5619.

FINANCIAL CALENDAR

• Nokia plans to publish its second quarter and half year 2026 results on 23 July 2026.
• Nokia plans to publish its third quarter and January-September 2026 results on 22 October 2026.

About Nokia

Nokia is a global leader in connectivity for the AI era. With expertise across fixed, mobile, and transport networks, we’re advancing connectivity to secure a brighter world.

Inquiries:

Nokia
Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
Maria Vaismaa, Vice President, Corporate Communications

Nokia
Investor Relations
Phone: +358 931 580 507
Email: investor.relations@nokia.com

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• 2026_Q1_Nokia_ Earnings_release_English

ABI Research’s evaluation ranked Nokia first overall with a total score of 85.9, including an innovation score of 85.3 and an implementation score of 86.5. The report highlighted Nokia’s ability to deliver a comprehensive and configurable network API platform — called Network as Code — that supports industry standards, integrates seamlessly with customers’ infrastructure, and enables monetization opportunities across industries.

No. 1 for innovation and implementation

The report emphasized Nokia’s strong focus on innovation, particularly in areas such as API standardization, customizability, and advanced functionalities like network slice management and fraud detection. From an implementation standpoint, Nokia’s high score reflects its extensive commercial reach, market alignment, and ability to enable providers to monetize their 5G Standalone (SA) networks.

More than 75 partners — including telecom providers, CPaaS platforms, systems integrators and vertical independent software vendors — are now part of Nokia’s Network as Code ecosystem. In addition, Nokia and Google Cloud recently announced a partnership to fuse agentic AI with network APIs, making networks consumable and programmable by enterprise agents.

Nokia’s multivendor approach, which aligns with 3GPP and CAMARA functionality, enables telecom providers to expose network capabilities in a secure, standardized way, consolidating network resources across legacy and modern infrastructure. Nokia’s full network API portfolio spans capabilities such as Quality of Service (QoS), device location, SIM swap detection, number verification, device status, and other specialized functions.

Solving industry-specific challenges

By providing standardized, secure access to APIs, Nokia is enabling developers to simplify complex network functions and create innovative applications that address industry-specific challenges. Early use cases span multiple sectors, including:

• Banking: Secure authentication and fraud detection for financial transactions.
• Healthcare: Real-time data sharing and remote monitoring.
• Automotive: Enhanced tele-driving capabilities and vehicle-to-everything (V2X) communication.
• Entertainment: Optimized streaming and immersive experiences.

Recognition of leadership

ABI Research’s competitive assessment evaluated vendors based on their innovation and implementation capabilities, categorizing them as Leaders, Mainstream, or Followers. Nokia’s first-place ranking reflects its ability to combine cutting-edge technology with practical, scalable solutions that meet the needs of telecom providers and their customers.

The report also highlighted the broader market trends driving the adoption of network API platforms, including the maturity of 5G Standalone networks, global API standardization initiatives, and partnerships with hyperscalers and cloud marketplaces. Nokia’s leadership in these areas positions it as a trusted partner for telecoms looking to capitalize on the opportunities presented by 5G and network programmability.

Multimedia, technical information and related news

Webpage: Network as Code

Blog: How network APIs are powering smarter urban life

Press release: Nokia expands Network as Code ecosystem, advances API-based agentic AI with Google Cloud #MWC26

Press release: ABI Research ranks Nokia overall leader and top innovator for telco API platforms (November 2024)

Webpage: ABI Research

As an operator of critical digital infrastructure in Finland, including international submarine cable systems, Cinia requires robust protection against evolving cyber threats. Nokia Deepfield Defender delivers AI-based, network-embedded DDoS detection and mitigation, enabling Cinia to safeguard essential connectivity services for Finnish customers and maintain resilient infrastructure that underpins Finland's digital economy.

Joint development of the solution enables highly effective detection, mitigation, and protection against DDoS attacks. The solution will provide customers with comprehensive, up-to-date defense against the latest generation of DDoS threats, ensuring business continuity and service uptime. The joint expertise of Nokia and Cinia provides a guarantee of improved network security and reliability in a constantly changing threat landscape, with a solution that offers real-time contextual awareness and network-wide protection against a wide range of threats, including botnet DDoS attacks, combined with Cinia’s deep understanding of critical infrastructure requirements.

The Deepfield solution provides Cinia with detailed visibility into its network infrastructure through advanced correlation and analysis of IP network and flow telemetry. The network-wide insight, which is correlated with a broader internet context obtained through Deepfield Genome, supports Cinia’s operational requirements for managing complex connectivity. Enhanced visibility enables faster anomaly identification and more informed capacity-planning decisions.

This collaboration highlights Nokia's strategic focus on strengthening cybersecurity for critical national assets and demonstrates Cinia’s enhanced capability to deliver market-leading security services, backed by a trusted layer of local support and consultancy.

Multimedia, technical information and related news

Webpage: Deepfield | Nokia

Webpage: Deepfield Defender | Advanced DDoS Security by Nokia

About Cinia 

Cinia is a Finnish expert in cybersecurity of digital operating environments and a specialist in critical high-reliability connections and software. We deliver comprehensive solutions in which information security, continuity and technical expertise support each other, from devices to applications, connections and users.

Nokia only publishes a summary of its financial reports in stock exchange releases. The summary focuses on Nokia Group's financial information as well as on Nokia's outlook.

The detailed, segment-level discussion will be available in the complete financial report hosted at www.nokia.com/financials. Investors should not solely rely on summaries of Nokia's financial reports, but should also review the complete reports with tables.

Analyst webcast

• Nokia's webcast will begin on 23 April 2026 at 11.30 a.m. Finnish time (EEST). The webcast will last approximately 60 minutes.
• The webcast will be a presentation followed by a Q&A session. Presentation slides will be available for download at www.nokia.com/financials.
• A link to the webcast will be available at www.nokia.com/financials.
• Media representatives can listen in via the link, or alternatively call +1-412-317-5619.

Through a structured co‑innovation framework, Nokia and Orange will jointly identify, design and evaluate new AI‑RAN capabilities. The collaboration aims to explore how a GPU-based radio processor can boost radio performance with more advanced receivers, and how AI can be tightly integrated into the RAN to further improve performance, support new services such as sensing, and bring greater automation and intelligence to both cloud-based and purpose‑built RAN environments.

As mobile networks evolve towards 6G, Nokia and Orange will co‑develop approaches to maximize the spectral efficiency of existing and future bands, including the upper 6 GHz band. The 6G-ready platform will enable a smooth, software-defined migration to 6G and support smarter use of compute resources across Orange’s operational footprint.

By working with Nokia and NVIDIA, Orange aims to deepen its understanding of how AI-enabled RAN functions can be integrated seamlessly into operational networks while ensuring sustainability and efficient resource utilization across Europe, the Middle East and Africa.

Multimedia, technical information, and related news

Webpage: AI-RAN

Webpage: AirScale Massive MIMO radios

Webpage: Nokia AirScale Baseband

Nokia’s optical transport, IP/edge routing and fixed access solutions will allow SkyFiber, the largest recipient in Nevada of the U.S. Broadband Equity, Access, and Deployment (BEAD) program funding, to reach thousands of households in communities that have historically lacked access to reliable high-speed internet.

VarData, a leading American telecommunications digital infrastructure provider, will drive the network integration, deployment expertise, and ongoing support as Nokia’s partner, in the region.

SkyFiber will deliver a reliable and high-quality network, built with future-proof fiber infrastructure that can scale as the demands of the region grow. This is transformational for the communities and shows the pivotal role of high-speed broadband in driving digital inclusion. SkyFiber is on track to serve a significant customer base upon full deployment, validating both the market demand and the viability of BEAD-backed fiber buildouts in rural markets.

The Nokia portfolio deployed across the SkyFiber network will span the full infrastructure stack: 7750 SR Broadband Network Gateway (BNG) and 7250 IXR Series routers for IP edge routing; OLTs (Lightspan MF-2) and a full range of ONTs for fixed access; Nokia Beacon Wi-Fi devices (Beacon 2, 6, and 10) for in-home connectivity; and the Nokia 1830 PSS DWDM platform for middle-mile optical transport. This single-vendor, integrated approach — covering every layer from core to home — was a decisive factor in SkyFiber’s selection, eliminating the complexity and performance variability of multi-vendor solutions while ensuring end-to-end accountability.

Nokia has a deep commitment to closing the digital divide in rural America. With its network scale and expertise, Nokia provides 7 out of 10 ports in the US that are used in rural broadband deployments. Nokia's portfolio is fully compliant with Build America, Buy America (BABA) requirements, making it a trusted choice for BEAD projects. Nokia has helped telecommunication providers across the United States deliver high-quality broadband to underserved communities, creating new growth opportunities for the regions they serve.

Resources and additional information:

Web Page: Nokia Optical networks

Web Page: Broadband Infrastructure for Community Broadband Providers

Product Page: 1830 Photonic Service Switch (PSS)

Product Page: 7250 Interconnect Routers 

Product Page: Nokia WiFi Beacons

The annual GigaOm Radar evaluates leading data center switching solutions based on technical capabilities, product roadmaps and business criteria. In the 2026 report, Nokia’s Data Center Fabric solution is positioned in the Innovation/Platform Play quadrant and classified as an Outperformer due to strong feature delivery and high scores across key and emerging capabilities.

GigaOm assessed ten leading vendors in the data center switching market and evaluated their offers against a set of core technical and operational criteria. Nokia’s Data Center Fabric received the highest possible five-star ratings across all key feature categories evaluated in the report, including hardware portfolio, switching and routing features, day 0, day 1 and day 2+ operations and management, NetDevOps suitability and traffic security. The report also recognized Nokia’s strengths in emerging capabilities such as AI-specific networking features and its microservices-based network operating system architecture.

The recognition also highlights Nokia’s expanding role in the data center ecosystem as enterprises, cloud providers and telecommunications providers modernize their infrastructure to support increasingly data-intensive applications and distributed cloud architectures.

For customers, this recognition reinforces Nokia’s focus on simplifying operations and improving reliability through its Human Error Zero strategy, which aims to eliminate both software defects and configuration errors that can impact data center networks.

Nokia’s Data Center Fabric combines high-capacity switching platforms, the SR Linux network operating system and the Event-Driven Automation (EDA) platform to deliver programmable, highly automated data center networks. The solution is designed to support both greenfield and brownfield deployments and integrates easily into heterogeneous environments, enabling enterprises, cloud providers, colocation operators and service providers to evolve their data center infrastructure while maintaining the simplicity of their operations.

Multimedia, technical information and related news

Report: GigaOm’s 2026 Radar Report for Data Center Switching

Product Page: Nokia Data Center Fabric

Product Page: Nokia Event-Driven Automation

Web Page: Nokia Data Center Networks

Under the new deal, Nokia will supply its latest-generation AirScale RAN portfolio, including ultra-capacity modular baseband, and energy-efficient, future-proofed Massive MIMO radios. Leveraging Nokia’s comprehensive technology roadmap, Virgin Media O2 will benefit from improved spectral efficiency, coverage, capacity, and throughput, ensuring strong 5G performance today while laying the foundation for 5G‑Advanced capabilities.

Transforming the UK 5G experience

The deployment will enable Virgin Media O2 to improve network quality and accelerate modernization through optimized spectrum utilization and enhanced energy-saving software features. Nokia’s latest GigaSite architecture, Dual‑Band Massive MIMO, and AI‑enabled baseband platforms will support seamless scalability and operational efficiency throughout the rollout. The technology uplift is expected to deliver a more reliable connectivity for Virgin Media O2 customers across the country.

As part of the new engagement, Nokia and Virgin Media O2 will expand their collaboration on joint innovation programs, including pilots and proof of concepts that explore advanced RAN intelligence, automation, and energy-efficient architectures aligned with Virgin Media O2's Mobile Transformation Plan. This new contract extends Nokia’s role as one of Virgin Media O2’s primary RAN partners, following the previously announced agreement to continue 5G rollout and modernization.

Multimedia, technical information, and related news

Web Page: AI-RAN

Product Page: AirScale Massive MIMO radios

Product Page: Nokia AirScale Baseband

AI traffic and data center interconnect (DCI) requirements are continuing to accelerate, exceeding the practical limits of approaches based solely on incremental improvements over previous generations. As applications diversify, network operators increasingly require solutions that are specifically optimized for different performance, reach, and efficiency requirements. Nokia’s latest innovations represent a fundamental shift in how optical transport products are designed and developed, delivering application-optimized connectivity that maximizes performance while significantly reducing cost, space, and power and simplifying network operations.

The innovations include a new suite of coherent optical solutions and a compact, multi-fiber optimized in-line amplifier. Nokia executives will be at the OFC conference in Los Angeles this week to share the company’s latest vision for optical networking in the AI era.

New suite of application-optimized coherent optical solutions

At the core of Nokia’s announcement is a new approach to building coherent optical solutions for AI-era networks. Rather than developing discrete solutions for each application, Nokia is introducing a building block-based development methodology that enables technologies to be easily assembled and integrated across a broad range of optical transport use cases. These building blocks include four new digital signal processors and multiple optical front ends built using both Indium Phosphide and Silicon Photonics. This approach results in a comprehensive suite of coherent optical transport solutions that are specifically optimized to address both existing and emerging network applications improving cost, space, and power efficiency while delivering up to 70% total cost of ownership savings.

The new solutions include:

• A 1.6T-capable coherent pluggable optimized for IP over DWDM DCI and scale across applications.
• A 2.4T-capable coherent pluggable optimized for thin transponder deployments supporting a broad range of terrestrial and subsea network applications.
• A 3.2T-capable coherent lite solution optimized for low power to address shorter reach campus and enterprise applications.
• A new class of double-sided pluggables optimized to pair with CPO-, LPO-, and NPO-based switches, supporting campus, metro and regional DCI and scale across applications.
• A new class of full-band transponders that combine hundreds of coherent components into a single, operationally simplified solution optimized for hyperscale capacity demands across campus, metro, regional, long-haul, and submarine applications.
• 2.4T and a 3.2T embedded transponders optimized to maximize fiber capacity at any distance for fiber-constrained applications.

The new family of coherent optical solutions is expected to begin sampling in mid-2027 with general availability anticipated to begin in the second half of 2027.

Multi-rail in-line amplifier

As bandwidth demands increasingly exceed what can be delivered over a single pair of fibers, network operators are adopting multi-fiber architectures to scale capacity. A key constraint to multi-fiber network expansion is the physical space limitations of in-line amplifier huts required for network spans beyond 80 kilometers.

To address this challenge, Nokia is introducing a new multi-rail in-line amplifier designed for scalable multi-fiber deployments. This solution delivers a 40-fold increase in in-line amplifier density over today’s solutions or 160 fiber pairs in a single rack. This enables them to expand capacity and services within their existing network footprint while reducing cost and operational complexity.

Nokia’s new multi-rail optical line system will be available in the second half of 2026.

Nokia will hold an executive investor, analyst and media briefing at OFC on March 18 from 8:30 – 9:30 a.m. PDT at the Los Angeles Convention Center​ in Room #409A, Concourse Hall, Level 2. Nokia’s leadership team will present the company’s next-generation optical networking vision.

The event will be publicly available via live webcast and replay on the Investor Relations section of Nokia’s website, under Events.

For more information on Nokia’s participation at OFC, visit us at Nokia at OFC 2026 | Nokia.com.

Multimedia, technical information and related news

Web Page: Nokia at OFC 2026 | Nokia.com

Web Page: Nokia Optical Networks

Traditional OOBM architectures depend on dedicated per-rack switches, adding unnecessary complexity while increasing power and cooling demands. As data centers scale, finding new ways to simplify operations and reduce costs become critical.

Nokia’s Aurelis solution for Data Centers provides a simpler, more efficient and cost effective OOBM architecture. The PON optical switch with six nines availability can connect and manage thousands of endpoints from a single platform, significantly reducing the number of switches and power required. With zero touch provisioning, the solution is easy to install and comes with plug-and-play optical modems that can be remotely managed. AI-enabled proactive troubleshooting and automated operations also reduce manual work and minimize on-site visits. 

Nokia’s Aurelis solution includes:

• Aurelis MF-2 Optical Switch (OLT): a central switch that connects thousands of devices in point-to-multipoint architecture.

• Aurelis Optical Modems (ONT): stateless devices that terminate fiber and convert signal into Ethernet ports. The ONTs can be managed remotely and are typically top-of-rack  mounted to save space.

• Aurelis Command Center (CC): a mature management solution with intent-based capabilities for simplified operations that is designed to interface with data center controller and automation systems.

Resources and additional information:

Product Page: Nokia PON-based out-of-band management