Nokia Sells Fixed Wireless Access Business to Inseego
Nokia announced the sale of its fixed wireless access (FWA) business, which includes Wi-Fi box hardware for home and office broadband delivery, to Inseego. The deal is expected to close in Q4 2026 with Nokia receiving a $20 million equity stake plus an additional investment bringing total ownership to about 11%. While not financially material, the move aligns with Nokia's strategic shift away from consumer gadgets toward AI infrastructure.
Topics: Corporate Strategy Technology Wireless Infrastructure