InCoax shifts to direct sales focus under revised Nokia cooperation plan
NOK•
NOK•InCoax Networks is shifting resources from development and integration to direct sales under a revised Nokia cooperation plan. It aims to cut development costs and expects to secure alternative funding before the end of 2026 after TO2 warrants at SEK 0.60 went unexercised.
InCoax Networks AB has shifted resources toward customer acquisition, and its revised cooperation plan with Nokia targets InCoax-led sales while lifting restrictions on direct outreach beyond previously identified customers. The company plans to focus on selected customers and projects, aiming for faster deal cycles and higher contribution per transaction.
The plan targets a substantial reduction in development costs, supported by a more flexible, carrier-grade platform built during prior work. With TO2 warrants at SEK 0.60 unexercised, InCoax is pursuing alternative funding and expects new capital before the end of 2026.