Nokia

Nokia secures €500million EIB loan for 5G research

Nokia has signed a €500 million loan transaction with the European Investment Bank (EIB), supported by key Investment Plan for Europe element, the European Fund for Strategic Investments (EFSI). The company plans to use the funding to further accelerate the research and development of 5G technology.

Magic number

Ana Pesovic discusses the three core elements required in creating a smart city

For centuries, humanity has looked for new ways to build smarter cities; ways that improve city operations, grow the economy and create a better place for people to work and live. From the aqueducts in Rome to the more recent technology innovations that help simplify the challenges of urban life, cities are, and have been, getting smarter throughout history.

All change for Nokia Group leadership team

ESPOO, FINLAND – Nokia has announced that the president of Nokia Technologies, Gregory Lee, will leave the company following the closure of the Digital Health business sale. Lee will be replaced by Maria Varsellona, who remains chief legal officer and continues to report to Nokia President and chief executive officer Rajeev Suri as a member of Nokia's Group Leadership Team.

Chorus chooses Nokia for new trial under ‘One Open Access Network Infrastructure’ vision

New Zealand service provider, Chorus has collaborated with Nokia on an open access network infrastructure designed to help fulfil on-demand service for optical services.

Based on emerging MEF Layer 1 standards, the Nokia wavelength service was selected to aid Chorus with the delivery of fully instrumented, standards-based optical services to existing customers, whilst facilitating new channels to market.

Sri Reddy appointed co-president of IP/Optical Networks (ION) at Nokia Group

ESPOO, FINLAND - Nokia has appointed Sri Reddy, an experienced leader in Nokia's ION business group, as co-president of Nokia IP/Optical Networks business group and as member of the Group Leadership Team (GLT), with immediate effect. Current President of ION business group, Basil Alwan, will continue as a GLT member, co-president of the ION business group and an advisor to the CEO.

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