"The Board fully supports President and CEO Pekka Lundmark and is not undergoing a process to replace him," Nokia said in a statement to Reuters. The firm said it continuously assesses and discusses the leadership team’s long-term succession plan through a comprehensive approach that covers internal and external candidates, and that its CEO and Chair are fully aware of the process. Lundmark was appointed as Nokia's CEO in 2020.
The collaboration with Team Telecom Armenia is likely to propel NOK stock on incremental revenue generation.
COMM collaborates with NOK to develop a cutting-edge AI-driven solution for improved connectivity across different verticals.