© MIKKO STIG/EPA
Nokia CEO Justin Hotard (pictured) pointed to a boom in sales for its AI and cloud products during Q3, as he asserted the vendor is in a strong position to take advantage of growing demand for related infrastructure.
AI and cloud sales were up 123% year-on-year, with €1.5 billion of new orders placed in the quarter.
Hotard reported there is also an order backlog, positioning it for further growth in the area.
“Nokia’s strengths are uniquely suited to meet growing demands for AI infrastructure that is larger, more distributed and hyperconnected,” he added. “We are investing where we can differentiate and co-innovate with hyperscalers”.
Hotard highlighted progress on AI-RAN, which was the subject of an update yesterday (21 October) made at an event held by the Finnish vendor’s partner and investor Nvidia.
“AI-native networks are moving into the physical world and our AI-RAN platform is being developed to deliver the performance needed for this market,” Hotard said.
Gains
Nokia booked net profit of €156 million in Q3, up 95%.
Net sales were almost €5.2 billion, a 10% increase. The latter figure would have been a 9% rise with exchange rate fluctuations stripped out.
In its Mobile Infrastructure division, revenue was up 5% to €2.9 billion, partly attributed to shifting income from Q4 into Q3. The company noted this part of the business benefitted from “commercial discipline” and continued execution of cost reduction measures.
Hotard highlighted Nokia had continued to “simplify our portfolio” and was on track to complete the integration of optical networks company Infinera by the end of 2026, having acquired it in 2025.
The process is set to be completed a year ahead of its original plan, with the executive noting this created €200 million in net synergies.
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With Nvidia’s GTC Berlin event in full swing, the company’s telecoms boss Ronnie Vasishta and Nokia chief technology and AI officer Pallavi Mahajan sit down with the Mobile World Live Podcast in an exclusive interview to reveal the next stage of the pair’s AI-RAN journey, as they team up with European heavyweights to turn networks into distributed intelligence platforms.
Listen on Spotify
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00:00 — AI-RAN explained
7:20 — Operator trials
11:00 — Beyond edge hype
15:05 — AI-RAN economics
17:45 — Sovereign AI
21:10 — Commercialisation and 6G
The post Podcast: Exclusive – Nokia, Nvidia advance AI-RAN at GTC appeared first on Mobile World Live.
Nokia signed an agreement to sell its Enterprise Campus Edge (ECE) business to investment company Aurelius Group, a move the Finnish vendor stated sharpens its portfolio and directs capital to areas earmarked for long-term value.
Value of the planned transaction was undisclosed and Nokia expects the deal to close in the first half of 2027, subject to customary closing conditions.
Nokia this month also completed a deal to sell its fixed wireless access (FWA) CPE business to US broadband vendor Inseego.
Under Aurelius’ ownership, Nokia said ECE will continue to operate as a standalone business but benefit from greater independence and a dedicated strategic focus. Employees are expected to transfer with the business, in accordance with applicable local laws and processes.
ECE has a big presence in the private wireless market, serving almost 900 customers across industries including manufacturing, mining, logistics, airports, ports and power generation worldwide.
Its portfolio also includes industrial devices, on-premises operational technology, edge and micro-edge solutions and software applications to power industrial AI use cases.
Konstanty Owczarek, chief corporate development officer at Nokia, said the deal provides ECE a strong foundation for growth. “Our priority throughout the transition will be continued growth of the business and continuity for existing customers and employees,” he added.
The post Nokia offloads Enterprise Campus Edge unit appeared first on Mobile World Live.
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