(Bloomberg) -- Nokia Oyj will replace Chief Executive Officer Pekka Lundmark with Intel Corp.’s recently appointed head of artificial intelligence Justin Hotard in a surprise announcement as the ...

Finnish telecommunications equipment giant Nokia announced on Monday that chief executive Pekka Lundmark would step down and be replaced by Justin Hotard, the head of AI and data centres at US ...

Finland's Nokia on Monday said its CEO Pekka Lundmark would step down and that it had appointed Justin Hotard to take over his role. Hotard, who takes up the position on April 1, currently leads ...

Espoo, Finland – Nokia today announced a leadership transition. Nokia’s President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has ...

Nokia has paired with European hosting provider Hetzner to upgrade the company's data center and core network infrastructure.

Nokia CEO Pekka Lundmark revealed at MWC Barcelona 2025 (MWC25) that the development of 5G standalone (5G SA) networks is currently accelerating, despite being slower than expected. Save my User ...

"This transaction will significantly improve our scale and profitability in optical networks and allows us to speed up the pace of innovation to meet the requirements of the AI era," said Pekka ...

The Infinera acquisition will accelerate our growth strategy in data centers and strengthen our presence both in North America and with webscale customers,” remarked Pekka Lundmark, President ...

From L to R: Phil Guido, EVP and Chief Commercial Officer at AMD, Pekka Lundmark, President and CEO at Nokia, Lisa Su (on screen), Chair and CEO, AMD, Chuck Robbins, Chair and CEO, Cisco ...