Danske Bank upgraded Nokia (NOK) from "hold" to "buy." The upgrade follows a recent disclosure. FMR LLC's indirect voting rights in Nokia fell below the 5% threshold. This occurred as of June 29, 2026.

Nokia focuses on its transition into an AI infrastructure provider. The company partners with SAP and Microsoft. This advances its cloud- and AI-driven business transformation. Nokia utilizes Microsoft Azure as its cloud platform. The company also expands its partnership with AWS. This helps telecom operators run AI-powered autonomous networks in the cloud.