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Nokia Oyj (NOK)

NOK on New York Consolidated

6.34USD
26 Jun 2017
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$-0.05 (-0.78%)
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Latest Key Developments (Source: Significant Developments)

Infracapital and Nokia named preferred bidder for Polish fibre broadband network
Thursday, 15 Jun 2017 03:41am EDT 

June 15 (Reuters) - Nokia :Infracapital and Nokia named preferred bidder for Polish fibre broadband network.Network will cover 13 regions in central and northern poland under a wholesale open access model.Construction is expected to begin during the summer of 2017 and initial capex is estimated to be around 300 million euros for the contract.Infracapital was advised by Roland Berger; Baker Mckenzie; Orrick, Herrington & Sutcliffe; and ING Bank.  Full Article

Nokia signs ultra-broadband access technology deal with China Mobile
Monday, 12 Jun 2017 03:00am EDT 

June 12 (Reuters) - Nokia Oyj :says Nokia and China Mobile are deploying millions of home gateways to provide residential customers across 29 different provinces in China with access to fiber-based ultra-broadband applications and intelligent home services.Says China Mobile will deploy home gateway units with Nokia's solution to over 30 million users during 2017.  Full Article

Nokia files preliminary prospectus supplement with U.S. SEC for potential two-part notes offering
Monday, 5 Jun 2017 09:07am EDT 

June 5 (Reuters) - Nokia Oyj :Nokia Corp files preliminary prospectus supplement with u.s. Sec for potential two-part notes offering - SEC Filing.  Full Article

Claviter: new commercial order from Nokia for Latin-American operator
Friday, 2 Jun 2017 04:00am EDT 

June 2 (Reuters) - CLAVISTER HOLDING AB :NEW COMMERCIAL ORDER FROM NOKIA FOR LATIN-AMERICAN OPERATOR.NEW ORDER SPECIFICES MORE FUNCTIONS AND HIGHER CAPACITY COMPARED TO PREVIOUSLY ANNOUNCED ORDERS, WITH A HIGHER INITIAL ORDER VALUE AS A RESULT.‍RECEIVED AN ORDER FOR ITS VIRTUAL SECURITY SOLUTION AS PART OF A LARGER NOKIA NETWORK ROLL-OUT FOR AN OPERATOR IN LATIN-AMERICA REGION​.  Full Article

Nokia commences tender offers for outstanding notes
Tuesday, 30 May 2017 10:51am EDT 

May 30 (Reuters) - Nokia Oyj ::Nokia commences tender offers for outstanding notes and consent solicitation from certain note holders.Has commenced tender offers to buy for cash $300 million 6.50% debentures due January 15, 2028 and $1.36 billion 6.45% debentures due March 15, 2029​.Purpose of tender offers is to streamline Nokia's capital structure by reducing quantum of legacy debt at its subsidiary level.Has commenced tender offers to also purchase for cash $1 billion 5.375% notes due March 15, 2019 issued by Nokia.Nokia intends to use all or part of proceeds from new notes and cash on balance sheet to fund tender offers and consent solicitation​.Purpose of tender offers is also to refinance short-dated 2019 notes, optimize debt structure in context of planned issue of new notes.By tendering ALU notes, holders will be deemed to have validly delivered their consent to proposed amendments to ALU indenture​.  Full Article

Nokia files for potential debt shelf, size undisclosed - SEC filing‍​
Tuesday, 30 May 2017 10:43am EDT 

May 30 (Reuters) - Nokia Corp ::Nokia Corp files for potential debt shelf, size undisclosed - SEC filing‍​.  Full Article

Nokia and Frontier Communications deploy G.fast technology to expand gigabit ultra-broadband access across Connecticut
Thursday, 25 May 2017 08:01am EDT 

May 25 (Reuters) - Frontier Communications Corp :Nokia - Nokia And Frontier Communications deploy G.Fast Technology to expand gigabit ultra-broadband access across Connecticut.  Full Article

Nokia CEO says Apple patent deal "makes sense"
Tuesday, 23 May 2017 06:17am EDT 

May 23 (Reuters) - Nokia Oyj ::CEO Rajeev Suri tells Nokia's annual general meeting on Tuesday that the patent license agreement with Apple <<>> "makes sense, it is a good deal for Nokia"."It gives us a significant immediate cash payment and additional revenues over time... it strengthens our profitability."."It supports our strategy to expand to new markets by establishing Nokia as a deeply embedded strategic supplier of IP routing and optical networking products and services to Apple".  Full Article

Nokia and China Huaxin sign definitive agreements on Nokia Shanghai Bell JV
Thursday, 18 May 2017 02:00am EDT 

May 18 (Reuters) - NOKIA OYJ :REG-NOKIA AND CHINA HUAXIN SIGN DEFINITIVE AGREEMENTS FOR CREATION OF NEW NOKIA SHANGHAI BELL JOINT VENTURE.JV WILL BECOME NOKIA'S EXCLUSIVE PLATFORM IN CHINA FOR CONTINUED DEVELOPMENT OF NEW TECHNOLOGIES IN AREAS LIKE IP ROUTING, OPTICAL, FIXED AND NEXT-GENERATION 5G.NOKIA WILL OWN 50% PLUS ONE SHARE OF NSB, WITH CHINA HUAXIN OWNING REMAINDER.  Full Article

Nokia shares rise after Q1 report
Thursday, 27 Apr 2017 02:32am EDT 

April 27 (Reuters) - Nokia Oyj :Shares rise 5 percent by 0703 GMT.  Full Article

More From Around the Web

BRIEF-Infracapital and Nokia named preferred bidder for Polish fibre broadband network

* Infracapital and Nokia named preferred bidder for Polish fibre broadband network