Tuesday, December 8, 2020

Nokia to hold an investor call on December 16, 2020 to share the second phase of its refreshed strategy

    

Press Release

Nokia to hold an investor call on December 16, 2020 to share the second phase of its refreshed strategy

 

9 December 2020

 

Espoo, Finland - Nokia will hold an investor call on December 16, 2020 at 3 p.m. Finnish time (EET) to share the second phase of its refreshed strategy.

 

Nokia's refreshed company strategy is shared in three phases. On October 29, 2020 Nokia announced the first phase of this new strategy, outlining high-level strategic principles alongside a new operating model designed to better position the company for changing markets and align with customer needs. On December 16, 2020, Nokia plans to share the second phase of its refreshed strategy, including further information about its new strategy, its four new business groups and the markets they operate in. More information will be shared at the Capital Markets Day on March 18, 2021.

 

Nokia will publish the materials presented in the call at www.nokia.com/investors.

 

Analyst webcast

  • Nokia's video webcast will begin on December 16, 2020 at 3 p.m. Finnish time. The video webcast will last approximately 75 to 90 minutes.
  • The video webcast will be a presentation with slides.
  • A link to the video webcast and slides will be available at www.nokia.com/investors.

Media

  • Media representatives can listen in via the link, or alternatively call +1-412-717-9224.

  

About Nokia 

We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.  

 

Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia. 

 

Investor Inquiries: 

Nokia

Investor Relations

Phone:  +358 40 803 4080
Email: investor.relations@nokia.com

 


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Nokia and Zain KSA deliver fastest indoor 5G speeds in the Middle East

    

 

Press Release

 

 

Nokia and Zain KSA deliver fastest indoor 5G speeds in the Middle East

  • Next generation indoor 5G solution reaches a record speed of 1.9 Gbps at Zain KSA's headquarters
  • Nokia's AirScale Indoor Radio System provides crucial high-speed 5G connectivity and counters coverage losses for the best possible indoor coverage 

09 December 2020

 

Espoo, Finland – Nokia today announced that it has achieved a record 5G speed of 1.9 Gbps during a successful trial of its next-generation AirScale Indoor Radio System (ASiR) at the headquarters of mobile operator, Zain KSA in Jeddah in the Kingdom of Saudi Arabia. Nokia's dedicated indoor 5G solution delivers ultra-fast 5G speeds and also counters high penetration coverage losses.

 

The trial leveraged the Nokia 5G AirScale, which is an enhanced indoor solution with a centralized and scalable architecture. The trial's high-speeds were achieved at 3.5GHz including multi-band ASiR-pRRH and with E-UTRAN New Radio – Dual Connectivity (EN-DC).

 

Nokia's ASiR solution supports all major network technologies and is designed to easily upgrade from 4G to 5G NR with minimal on-site disruption. It includes indoor small cells that deliver a consistent 5G user experience with high data rates across multiple floors, including open and partitioned office spaces, as well as meeting rooms. It also provides an enhanced SFN (Single Frequency Network) indoor solution addressing requirements such as low cost of ownership, small product form factor and comprehensive indoor coverage.

 

Zain KSA launched commercial 5G services in October 2019 in Saudi Arabia and now covers 50 cities across the kingdom enabled by more than 4,600 towers. It is through these endeavors and others that Zain KSA is considered as a major enabler, driving forward the digital transformation in Saudi, as part of Saudi Vision 2030.

 

Eng. Abdul Rahman AlMufadda, Zain KSA CTO, said: "In line with Zain KSA achieving a pioneering position in the regional and global telecoms map by rolling out the largest 5G network in the Middle East, Europe, and Africa and fourth largest in the world, it is imperative for us to provide first class coverage for both indoor and outdoor environments. Nokia deployed its 5G indoor solution quickly, with minimal disruption and achieved incredibly high-speeds during this trial."

 

Tommi Uitto, President of Mobile Networks at Nokia, said: "We are delighted to support Zain by providing 5G indoor coverage at its premises in Jeddah. Indoor coverage is an important piece in the 5G puzzle due to high penetration losses, especially in high profile venues and locations."

 

Nokia is a global leader in 5G with the industry's only comprehensive portfolio that is available globally. With 184 commercial engagements underway, our 5G solutions, software and services allow our customers to take advantage of the promise of this next generation of network technology. Learn more about Nokia 5G.

 

Additional resources:

Webpage: AirScale Indoor Radio System (ASIR)

About Nokia

We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.

 

Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia.

 

About Zain KSA

Zain KSA is a leading telecom provider established in Saudi Arabia on August 2008 as a listed company. It adopts a 3 pillared strategy which includes growth, agility, and innovation as its main pillars for success. In due respect to its highly developed infrastructure, the company was successful in establishing itself as a reliable telecom operator and a digital service provider whose services include telecom services, 5G network, digital payment services, cloud computing, IoT solutions, fiber services, drones, and many others.


For more on Zain KSA please visit: www.sa.zain.com

Media Inquiries:

Nokia
Communications
Phone: +358 10 448 4900
Email: 
press.services@nokia.com

 


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Kering’s Digital Chief on 2021

Can Reformation Make Fast Fashion Sustainable?

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Axios Sneak Peek: Biden may have 'skeleton staff' in West Wing — Scoop on Mayor Pete

1 big thing: Biden may start with 'skeleton staff' | Tuesday, December 08, 2020
 
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Axios Sneak Peek
By Kadia Goba ·Dec 08, 2020

Welcome to Sneak Peek, our nightly lookahead from both ends of Pennsylvania Avenue, plus our best scoops.

🚨Breaking: The Pennsylvania Supreme Court, "without comment" the AP says, refuses to call into question their state's election certification process.

Situational awareness: Government funding expires Friday, so Congress will vote tomorrow to extend for a week while lawmakers negotiate a longer solution.

Today's newsletter — edited by Axios contributor Glen Johnson — is 539 words, a 2-minute read.

 
 
1 big thing: Biden may start with 'skeleton staff'
Illustration of the White House with a single lit window.

Illustration: Aïda Amer/Axios

 

Joe Biden will likely start with a "skeleton staff" in the West Wing to keep him healthy after the Trump administration's cavalier approach to the coronavirus, a White House support staffer familiar with the transition's plans tells Axios' Hans Nichols and Alexi McCammond.

Why it matters: The incoming president, at 78 the oldest to take office, is in a high-risk group and already careful to mask up.

  • President Trump and numerous staffers have flouted safety protocols and caught COVID-19, meaning there will have to be some sort of deep cleaning for the White House residence and offices before the new team moves in.

The support staffer told Axios the White House is expected to be a "ghost town" immediately after Biden's inauguration next month. Many staffers will work remotely or next door in the Eisenhower Executive Office Building.

  • If tradition holds, Biden would spend at least the night before the inauguration at Blair House, the presidential guest house just across Pennsylvania Avenue.
  • Harry Truman lived and worked there from 1948 to 1952 while the White House was being renovated.
  • Biden spokespeople declined comment, but aides have noted that they worked remotely throughout the campaign and during the transition.

Go deeper.

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2. Scoop: Mayor Pete may get China post
Former South Bend Mayor Pete Buttigieg waves as he concludes his presidential campaign in March.

Pete Buttigieg waves as he concludes his presidential campaign in March. Photo: Scott Olson/Getty Images

 

Biden is considering a high-profile ambassadorship for Pete Buttigieg, possibly sending him to China, people familiar with the matter tell Hans.

Why it matters: The 38-year-old former mayor of South Bend, Indiana, whom the president-elect has compared to his late son, Beau, played a key role in Biden's nomination. Letting him deepen his foreign policy chops could boost his future, since many inside the Democratic Party believe his return as a presidential candidate is a matter of when, not if.

  • Buttigieg electrified donors and rocketed to the top of the Democratic Party, winning the most delegates in the Iowa caucuses earlier this year before dropping out to consolidate moderates' support around Biden.
  • But finding a Cabinet position for him has been a challenge as Biden focuses on nominating women and people of color to high-level posts.
  • China isn't the only foreign post where Buttigieg, a polyglot, could end up — and his name remains under discussion for some domestic leadership positions as well.

Go deeper.

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3. Parallel universe alert
Data: Gallup/Knight Foundation; Chart: Danielle Alberti/Axios

66% of Republicans say big internet companies went too far in trying to prevent the spread of false information during the 2020 election, but 60% of Democrats said they didn't go far enough, according to new polling by Gallup and the Knight Foundation.

  • 64% of Democrats said the voting system worked "very well." 67% of Republicans said it didn't work well at all.
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4. McCarthy: GOP agrees to $600 cash stimulus
Mitch McConnell and Kevin McCarthy are seen standing behind President Trump in the White House.

Photo: Erin Schaff/Pool/Getty Images

 

House Minority Leader Kevin McCarthy tells Alayna Treene both he and Senate Majority Leader Mitch McConnell told the White House they would support including $600 stimulus checks in a coronavirus relief deal being negotiated in Congress.

Driving the news: The top House Republican said he and McConnell committed to back the amount being sought by the White House during a Tuesday afternoon call with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows, in which Mnuchin walked them through his $916 billion plan.

  • Mnuchin later issued a statement saying he had presented the details to House Speaker Nancy Pelosi and the president's plan includes money for state and local government and "robust liability protections for businesses, schools and universities."

Between the lines: McConnell did not include a second round of stimulus payments in the relief framework he released last week. On Tuesday, the Senate GOP leader also proposed removing both state and local aid provisions and a liability shield for businesses — the two most controversial provisions — to focus on passing what both parties agree on.

  • But all of those things are in the White House proposal.

Go deeper.

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5. Pic of the day
President-elect Joe Biden is seen leaving St. Joseph's On The Brandywine Church in Wilmington, Del.

President-elect Joe Biden paid a weekday visit to St. Joseph on the Brandywine church in Wilmington, Delaware, before announcing his health team this afternoon. Photo: Chip Somodevilla/Getty Images

 
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