Nokia Oyj Updates

Nokia Oyj, a global communications company, has been involved in several developments. The company’s stock price has been relatively stable, hovering around its 52-week low.

• The company is currently involved in a patent infringement lawsuit against Paramount, alleging that the company has used its streaming technology without permission.
• The lawsuit details are as follows:
  • Plaintiff: Nokia Oyj
  • Defendant: Paramount
  • Allegation: Patent infringement

In other news, Nokia has secured a contract to modernize the infrastructure of INX-ZA, a South African internet exchange, using its high-performance IP-routing portfolio. This move is expected to enhance internet connectivity for digital communities in South Africa.

• Contract details:
  • Client: INX-ZA
  • Services: Infrastructure modernization using high-performance IP-routing portfolio
  • Location: South Africa

Additionally, Nokia’s 400G technology and software-defined access network (SDAN) platform have been deployed by Netplus, an Indian ISP, to expand high-speed broadband and IPTV services across Punjab and other cities.

• Deployment details:
  • Client: Netplus
  • Services: 400G technology and SDAN platform deployment
  • Location: Punjab and other cities in India

Pekka Lundmark, Nokia’s former CEO, has joined the board of Qmills, a Finnish quantum computer company, as an investor and board member.

• Board member details:
  • Company: Qmills
  • Position: Board member and investor
  • Background: Former CEO of Nokia Oyj