Nokia

Nokia has inaugurated a state-of-the-art research and development facility in Chennai, reinforcing its long-term commitment to India’s expanding telecommunications and digital infrastructure ecosystem. The new center is expected to focus on next-generation network technologies, including 5G, cloud-native solutions and advanced software engineering. The move aligns with India’s ambition to become a global innovation hub while strengthening domestic capabilities in telecom manufacturing and design.

In a significant financial maneuver, Nokia has sold its entire stake in Vodafone Idea for approximately Rs. 786 crore. This move underscores the Finnish telecom giant’s strategy to recalibrate its investment portfolio, potentially to focus on core growth areas such as 5G networks and enterprise solutions. The transaction also reflects broader investor sentiment around India’s telecom sector, which continues to wrestle with intense competition and mounting debt.