Nokia Corporation Sponsored American Depositary Shares (NOK)
4.7800
-0.2000 (-4.02%)
NYSE · Last Trade: Apr 6th, 5:10 AM EDT
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4.980
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4.900
Bid
4.780
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4.820
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4.770 - 4.925
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3.290 - 5.480
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26,029,376
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0.1280 (2.68%)
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About Nokia Corporation Sponsored American Depositary Shares (NOK)
Nokia Corp is a global technology company that specializes in telecommunications and networking solutions. It provides a wide range of products and services, including mobile and fixed network infrastructure, software, and services aimed at enhancing communication networks. The company is known for its innovations in 5G technology and the Internet of Things (IoT), helping businesses and governments to connect people and devices efficiently. Additionally, Nokia offers solutions in areas such as cloud networking, private wireless networks, and network security, catering to various industries ranging from telecommunications to transportation and manufacturing. Through its focus on research and development, Nokia aims to drive the digital transformation of networks and contribute to the development of smarter, more connected societies. Read More
LAS VEGAS - April 5, 2025 - PRLog -- The Media Coding Industry Forum (MC-IF) returns to Las Vegas for the 2025 NAB Show to demonstrate next-generation use cases leveraging Versatile Video Coding (VVC).The improved efficiency and performance of video delivery remains a key component of the delivery of video content. Whether a broadcaster, streaming service provider or application developer, production workflows need to maintain a delicate balance between optimal bandwidth usage and delivery of high quality video for the end-user experience."What can be accomplished when leveraging the VVC standard's capabilities requires active exploration as there is potential for innovation that creates new streams of revenue generation. Whether it is broadcasters, streaming service providers, device manufacturers or developers, VVC provides higher compression efficiencies, low latency and reduced bandwidth consumption that impacts multiple parts of the media and entertainment ecosystem," said Justin Ridge, President of MC-IF.The mission of MC-IF is to promote greater awareness and support adoption of MPEG standards -- including VVC. MC-IF member organizations work throughout the year to communicate how the VVC standard offers improved coding efficiency and versatility for a wide range of video applications.Analysts, press and other parties interested in learning more or meeting with MC-IF member organizations can check out the following demonstrations from:
Ahead of the markets opening on Wednesday, Nokia also announced it struck a deal with India’s second largest telecom company, Bharti Airtel, to expand core network collaboration to speed up the launch of new 5G services.
ResetData, a next-generation cloud services provider, has announced a groundbreaking collaboration with NVIDIA to launch its AI Factories and AI Marketplace. This initiative will deliver scalable, on-demand artificial intelligence (AI) infrastructure to businesses and governments across Southeast Asia, addressing critical gaps in regional AI investment while prioritizing sustainability and cost efficiency.
Nokia has finalized a patent agreement with Amazon.com, granting access to its video technologies for streaming services. This deal resolves all legal disputes between the two companies while allowing Amazon to enhance video quality and efficiency.
Nokia expands its MX Industrial Edge (MXIE) platform with six new Industry 4.0 applications. These solutions, including tools from Bosch Rexroth, Ipsotek, and Nozomi Networks, enhance digital transformation in industries by leveraging AI, machine automation, and industrial connectivity for better efficiency and security.
Nokia upgraded and expanded DFN's IP core router network in Germany. The upgrade boosts connectivity and enhances performance with 7750 Service Routers. New applications from Corteca Marketplace optimize broadband and Wi-Fi services, creating new revenue opportunities.
POST Luxembourg plans to be Europe's first operator to implement Nokia's Lightspan access nodes and Altiplano automation platform for a fully autonomous fiber network by 2025.
Nokia introduces Broadband Easy, a digital platform simplifying fiber deployment with AI-driven automation and pre-integrated services, boosting rollout speed and efficiency.
Nokia Corporation announced two major deals, one with Worldstream to adopt its network security technology and the other with Hetzner to upgrade its data center and network infrastructure.
Nokia chosen by Vodafone Idea Limited to expand and modernize its IP backhaul network in India. Agreement includes deployment of Nokia's latest IP/MPLS solutions.
Nokia and Canal+ Telecom have partnered to expand broadband access in the Caribbean by enhancing fiber networks in French Guiana and Guadeloupe. This collaboration aims to deliver multi-gigabit Fiber-to-the-Home (FTTH) services, bridge the digital divide, and foster economic growth.
While details are scarce at this point, the platform will use open application programming interfaces (API) and large language models to optimize networks in real time.
Nokia partners with Proximus Global to integrate APIs and expand reach for enterprise applications. Also partners with Globe Telecom for enhanced security.
The solution uses Nokia’s 5G technology, Verizon’s public 5G network and management solutions. Testing was performed using a hybrid user equipment that switches between commercial 5G and LPx (low probability of intercept) waveforms.
Nokia shares are trading higher by 5.9% during Monday's session. The company announced, along with industry leaders, an acceleration of AI-RAN development.