Proximus Picks Nokia to Migrate 1,000+ Products and Entire Customer Base to Cloud Charging and Voice Core

NOKNOK

Proximus selected Nokia to modernize its charging system and voice core, migrating its entire customer base and over 1,000 products to Nokia Converged Charging and Voice Core. Deployment on Proximus’ private cloud with Red Hat OpenShift will improve automation, network management and support new 5G monetization services.

1. Defiance ETFs Unveils 2X Long NOK ETF

On January 21, 2026, Defiance ETFs launched the Defiance Daily Target 2X Long NOK ETF (LNOK), marking the first single-stock leveraged fund to offer twice-daily bullish exposure to Nokia Oyj. Designed for experienced traders, LNOK seeks to deliver 200% of the daily share-price movement of Nokia’s ADR on the NYSE. The fund uses swap agreements and options contracts to achieve its objective and carries the potential for total principal loss within a single session if Nokia’s shares move sharply against investors. With daily rebalancing, LNOK does not target performance beyond one trading day and is expected to exhibit performance divergence from 2x NOK over multi-day periods due to compounding. The fund is advised by Tidal Investments, LLC, and distributed by Defiance ETFs LLC; prospectus materials can be requested via 833.333.9383.

2. Proximus Selects Nokia for Core Network Modernization

Proximus announced on January 20, 2026 that it has engaged Nokia to replace its incumbent online charging system and voice core infrastructure with Nokia’s cloud-native Converged Charging and Voice Core platforms. The deployment will migrate Proximus’s entire customer base—including both fixed and mobile subscribers—and over 1,000 distinct products onto Red Hat OpenShift within Proximus’s proprietary cloud. Nokia’s modular solution is expected to enable automated provisioning, policy control and subscriber data management at scale, while supporting new 5G monetization services across IoT, content and gaming. Proximus Group generated EUR 6.43 billion in revenue in 2024 and employs more than 13,000 staff; the modernization is intended to accelerate the operator’s transition to autonomous networks and unlock incremental revenue streams from emerging use cases.

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