Nokia managers receive 153,771 shares as Nvidia injects $1B into AI-RAN deal
On January 14, Nokia senior managers received 153,771 share-based incentive awards (28,784 to Niinimäki, 89,000 to Sahgal and 35,987 to CFO Wirén). In October 2025, Nokia secured a $1 billion Nvidia investment to co-develop AI-powered RAN for 5G/6G, with trials in 2026 and commercial rollout in late 2027.
1. Managers Receive Significant Share-Based Incentives
On 14 January 2026, three senior executives at Nokia Corporation received a combined total of 153,771 share-based incentive units under the company’s long-term compensation plan. Esa Niinimäki, an Other Senior Manager, was granted 28,784 shares; Raghav Sahgal, another senior manager, received 89,000 shares; and CFO Marco Wirén was allocated 35,987 shares. These initial notifications under Article 19 of the EU Market Abuse Regulation signal Nokia’s continued emphasis on aligning executive interests with long-term shareholder value. The awards represent roughly 0.004% of Nokia’s outstanding share capital, underscoring management’s confidence in the company’s growth trajectory and the board’s intent to retain key talent ahead of the firm’s next financial reporting cycle.
2. Strategic Nvidia Partnership to Drive AI-Powered Networks
In October 2025, Nokia secured a landmark strategic collaboration with Nvidia, which included a $1 billion direct investment in Nokia and access to Nvidia’s AI and CUDA platforms. The alliance focuses on developing AI-driven radio access network (AI-RAN) solutions for 5G and the forthcoming 6G rollout. Following the announcement, Nokia’s shares jumped by 21%, marking their highest level in a decade. Field trials with Nokia, Nvidia and a major North American carrier are slated for 2026, with commercial deployment expected in late 2027. By integrating Nvidia’s AI acceleration into its RAN software, Nokia aims to boost network performance by up to 30% in latency reduction and energy efficiency—key metrics for telecom operators preparing for next-generation connectivity demands.