Nokia sells FWA unit to Inseego, takes 11% stake

Nokia has sold its fixed wireless access (FWA) business to Inseego for $20 million in stock and warrants, while retaining an 11% stake in the company. Inseego's shares rose 10% premarket following the announcement. The deal is expected to expand Inseego's presence in the wireless broadband market.

By Pratyush Thakur, SA News Editor · Seeking Alpha · April 30, 2026, 12:13 UTC

Nokia sells FWA unit to Inseego, takes 11% stake

Tickers: $INSG $NOK

Topics: acquisition company expansion wireless broadband

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