NOK News & Events

Sees FY26 capital expenditures EUR 900M-EUR 1B. The company said, "Looking ahead to 2026, our focus is on disciplined execution to capture growth in AI & Cloud, and increase efficiency while building a high performance culture across Team Nokia. We have fewer, clearer priorities, a simplified operating model, and a strategy we are executing with speed and accountability. In financial terms - we target EUR 2.0 to 2.5 billion of comparable operating profit in 2026. We see strong demand trends in Network Infrastructure as we ramp new products expanding our presence in AI & Cloud and invest for long-term growth. In Mobile Infrastructure we see a stable market environment and are focused on efficiency and improving profitability. Overall, we expect 2026 will show clear progress towards the long-term targets that we laid out at our Capital Markets Day in November."

Reports Q4 revenue EUR 6.13B vs. EUR 5.98B last year. The company said, "Our fourth quarter performance was in line with our expectations, reflecting disciplined execution across the business. Fourth quarter net sales grew 3% to reach EUR 6.1 billion and we generated full year operating profit of EUR 2.0 billion, slightly above the mid-point of our guidance. I want to thank Team Nokia for their disciplined execution and commitment in delivering these results."

Blaize (BZAI) announced a strategic memorandum of understanding, or MOU, with Nokia (NOK) Solutions and Networks Singapore, a company duly incorporated and validly existing under the laws of Singapore. Targeting the Asia Pacific markets, the MOU establishes a framework for joint exploration, development, and deployment of Practical AI and Physical AI systems designed for real world operation. Under the MOU, Blaize and Nokia intend to collaborate on: edge and hybrid AI inference use cases; reference architectures and solution blueprints; joint validation of AI inference deployments and go to market and ecosystem initiatives. The MOU is non-binding and outlines a cooperative framework under which the parties may pursue specific projects through future definitive agreements in the Asia Pacific region.