What happened
Nokia's shares rose more than 5% in after-hours trading, according to a report from Jinshi Data.
The move followed the company's announcement that it is expanding its cooperation with Microsoft.
The expanded partnership is aimed at accelerating network automation and building a unified data foundation.
Why it matters
The after-hours share gain suggests investors viewed the deepened Microsoft tie-up as a positive signal for Nokia's automation strategy.
Network automation and a unified data foundation are areas where telecom equipment vendors are competing to differentiate their offerings, so the partnership could shape how Nokia positions itself in that race.
Key facts
Nokia shares climbed more than 5% in after-hours trading.
Nokia is expanding its partnership with Microsoft.
The collaboration targets faster network automation and a unified data foundation.
What to watch next
Whether Nokia or Microsoft provides further detail on the scope and structure of the expanded cooperation.
How the market reacts when regular trading resumes after the after-hours gain.
