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Nokia Stock Climbs on Microsoft Partnership

Guavy AI Editorial Team
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Nokia's U.S.-listed shares gained 4.4% on Thursday morning after the company unveiled its partnership with Microsoft Fabric, a data layer for automating telecom networks.

The ADR was at $10.585 at 11:46 a.m. EDT, up 44.5 cents from Wednesday's $10.14 close, with almost 82 million shares recorded in intraday trading.

Nokia and Microsoft have integrated Nokia Data Suite with Microsoft Fabric, including its OneLake storage layer, analytics tools, and AI applications.

The solution is available now and can run in hybrid, cloud, and on-premises environments. It's being marketed as a way to automate telecom networks, allowing carriers to prepare trusted data in minutes instead of weeks.

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