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Nokia said Tuesday it plans to delist its shares from the Euronext Paris stock exchange, citing a review of trading volumes, costs and administrative requirements.
Nokia said Tuesday that Nvidia will make a $1 billion equity investment in the company as part of a new strategic partnership focused on artificial intelligence-powered networks.
Nokia Oyj raised its full-year profit forecast on Thursday, a move the telecommunications-equipment maker attributed to an accounting change rather than an improvement in its underlying business.
Nokia announced a leadership overhaul on Wednesday, creating new units focused on artificial intelligence and corporate development in the latest move by new Chief Executive Justin Hotard to reshape the Finnish telecom equipment maker.
Nokia Oyj cut its full-year profit forecast on Thursday, citing headwinds from currency fluctuations and tariffs.
Nokia said Monday it has appointed David Heard, the former chief executive of Infinera, as the new president of its Network Infrastructure business group, effective July 1.
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