KIANEWS 
Read the latest Nokia news, read more about the app descriptions
and go to the store to download the content!
Google Play Store
Download the latest android apps, games, themes from the Google Play Store!
Download
Nokia warns of declining investment in 5G networks
In the face of an uncertain economic environment and a declining investment trend, the world's two leading network operators, Nokia and Ericsson, have assured that they will reduce their investments in the infrastructure of the new 5G mobile phone network. This announcement was made during the presentation of its first quarter report, which shows that telecom operators are indeed facing a complex situation.
Nokia Corporation Financial Report for Q1 2023
This is a summary of the Nokia Corporation Financial Report for Q1 2023 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.
Nokia to publish first-quarter financial report on 20 April 2023
The detailed, segment-level discussion will be available in the complete financial report hosted at www.nokia.com/financials. A video interview summarizing the key points of our Q1 results will also be published on the website. Investors should not solely rely on summaries of Nokia's financial reports, but should also review the complete report with tables.
Nokia shares fall as market rises
In recent trade, Nokia (NOK) closed at $4.82, a -1.03% move from the previous day. That change fell short of the S&P 500's 0.1% daily gain. Elsewhere, the Dow gained 0.3%, while the technology-heavy Nasdaq lost 2.19%.
Nokia sold Huawei partner TD Tech
New Oriental New Materials has announced that it will buy 51% of TD Tech from Nokia. And this will be a fixed increase of 20 million yuan at a transaction value of 2.1216 billion yuan and 308 million USD (GBP249,281,648, EUR 284,114,600 and INR 25,263,700,000). Overall, Nokia has sold its ownership of TD Tech. TD Tech is a China-based company jointly founded by Nokia and Huawei in 2005 in Beijing.
Data 4 buys Nokia's site in Nozay to create eight data centers there
French data center operator Data 4 has acquired Nokia's site in Nozay (Essonne) to create a new campus of eight data centers there. The project represents an investment of around 1 billion euros by 2030.