Cloud and network services or our core networks have moved to a cloud model. And that means you have much, you know, we have more subscription-based pricing. We have more rateable deployment. That means customers will, you know, will be paying on a recurring revenue basis for an ongoing support, you know, ongoing support and service. So whether it's, you know, subscription-based, you know, It's a very different, it's a different business model in that dynamic. You know, obviously, we think that's the long-term direction of travel and mobile, but that's not where the market is today. Today, you know, our Cloud RAM business is fairly small.

Oct 23, 2025 / receipt, needs a key / Justin, CEO | earnings call 2025-10-23 | transcript f731a1f3-4293-4406-acbb-fa0c2d2e7e65 | chars 37370-38016 | segment 38

6 - business travel and category 11 - use of sold products. As defined in the current corporate Net-Zero standards (SBT) V1.2, after a company has achieved its long-term target to cut emissions, it can use permanent carbon removal and storage to counterbalance residual emissions up to 10%.

filing / Mar 5, 2026 / receipt

GHG emissions from scope 3 category 6 business travel were increased by 16% compared to 2024 , and decreased by 55% compared to the base year 2019.

filing / Mar 5, 2026 / receipt

Expanded presence in North America: Nokia’s Optical Networks business before the acquisition had a strong position in many regions but the notable weakness was in North America.

filing / Mar 5, 2026 / receipt

expenses, cash flows, tariffs, taxes, currency exchange rates, hedging, cost savings and competitiveness, as well as results of operations including targeted synergies and those related to market share, prices, net sales, income and margins; d) expectations, plans, timelines or benefits related to our transactions, investments and changes in our organizational and operational structure; e) market dev elop

filing / Mar 5, 2026 / receipt

efforts including our ongoing cost savings program; k) future capital expenditures, temporary incremental expenditures or other R&D expenditures to develop or rollout new products; and l) sustainability and corporate responsibility.

filing / Mar 5, 2026 / receipt

Restructuring charges (1) 391 388 316 Gain on sale of businesses and associated companies ( 23 ) ( 286 ) ( 19 ) Gain on sale of property, plant and equipment ( 22 ) ( 94 ) ( 143 ) Financial income and expenses (2) ( 11 ) ( 107 ) 220 Income tax expense 277 385 825 Other adjustments, net (2) ( 21 ) 5 46 Total 2 065 2 157 2 559 (1) Restructuring charges in adju

filing / Mar 5, 2026 / receipt

AI & Cloud net sales grew 49% and accounted for 8% of sales in Q1.

ir_statement / Sep 15, 2026 / receipt

delivering up to 70% TCO savings for customers.

ir_statement / Sep 15, 2026 / receipt

Expect Network Infrastructure to grow between 12% and 14% for full year.

ir_statement / Sep 15, 2026 / receipt

Wins in IP Networks, expanding presence in Data Center Networks

ir_statement / Sep 15, 2026 / receipt

10 customers publicly committed to work with us on AI-RAN

ir_statement / Sep 15, 2026 / receipt

Margin performance driven by cost discipline and product mix

ir_statement / Sep 15, 2026 / receipt