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Nokia Licenses Patents to Snapchat – Several New Agreements
Nokia has signed patent licensing agreements with Snap, known for its Snapchat app, and two other new licensors. Tejas Shah, who joined Nokia in November 2025 as head of licensing for new segments, announced the new agreements in a statement on Nokia’s website.
Nokia cuts 421 jobs at Paris-Saclay and Lannion sites in France
Nokia's two major unions in France, the CFDT and the CFE-CGC, have signed a collective redundancy agreement that will result in 421 job cuts at its Paris-Saclay and Lannion sites. This represents 18% of the 2,300 employees in France.
Nokia Mobile Networks Chief Tommi Uitto Confirms He's Leaving After 30 Years
Tommi Uitto, who has led Nokia's Mobile Networks business group since 2018, has now confirmed he's leaving Nokia after 30 years. Nokia announced its new strategy and restructuring at Capital Markets Day in November, when it announced that Tommi Uitto would step down from the company's board of directors on December 31, 2025.
Nokia to cut 700 jobs in France and Germany
Nearly 400 jobs will be cut at Nokia’s French facilities, following 300 cuts in Germany as part of cost-cutting plans. Job cuts have been a trend among telecoms operators and their suppliers for years. Unlike 3G and the metaverse, they haven’t gone out of fashion.
Nokia announces new strategy, evolution of its operating model, new long-term financial target, strategic KPIs and changes to its Group Leadership Team
Nokia announces new strategy, evolution of its operating model, new long-term financial target, strategic KPIs and changes to its Group Leadership Team.
Indian smartphone market hits five-year high in festive Q3 2025
A fresh report by International Data Corporation (IDC) said that the Indian smartphone market hit a five-year high in festive Q3 2025, with a year-on-year growth of 4.3%. It said that this growth was driven by strong demand for premium smartphones, supported by both new launches and previous-generation models.
Nokia plans to delist from Paris Stock Exchange
Nokia said its board of directors has decided to apply to delist Nokia shares from Euronext Paris, the Paris stock exchange. Nokia said the decision to delist the shares would be based on trading volume, costs and administrative requirements.
Nokia continues to license its patents, signing a new patent licensing agreement with US company Starz
Nokia continues to expand its patent licensing into streaming services. Vipul Mehrotra, Nokia's vice president of new segment licensing, confirmed in a blog post on October 27 that Nokia signed an agreement with US company Starz last week to license its patents.
Inside Information: NVIDIA to make USD 1.0 billion equity investment in Nokia in addition to new strategic partnership – Nokia’s Board resolved on directed share issuance to NVIDIA
The strategic partnership and investment are expected to create significant value for both companies. Nokia will use the proceeds from the issuance to accelerate its strategic plans to advance trusted connectivity for the AI supercycle and other general corporate purposes.
Nokia Corporation Interim Report for Q3 2025
(1) In Q3 2025, Nokia changed how it presents gains and losses from venture fund investments. The comparative financial information has been recast accordingly. Refer to the Financial statements and the Recast financial information sections in Nokia Corporation Interim Report for Q3 2025 for more information, including full comparative financial information for each quarter Q1-Q3'24 and Q1-Q2'25.
Google officially announces its largest-ever investment in India
Google has officially announced its largest-ever investment in India, totaling approximately $15 billion (USD) over the next five years (2026-2030). This capital city will house Google’s first AI hub in the country, located in Visakhapatnam (Vizag), Andhra Pradesh.