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NEWS

Paul Hastings Advises Nokia on Spin-Out of Its Space Communication Solutions Business

April 17, 2026

Paul Hastings LLP, as U.S. counsel, advised Nokia on a business combination agreement with a capital pool company listed on the TSX Venture Exchange. The transaction will result in the listing of Nokia Oyj’s Space Communication Solutions business, Modul8, which currently operates as part of Nokia Bell Labs. Following the completion of the transaction, the listed entity will continue operations under the name Modul8 Corporation.

Partner Samuel Waxman led the Paul Hastings team, which included partners Sarah Gagan and Dan Stellenberg.

About Paul Hastings
With widely recognized elite teams across 17 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers and corporations. 

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Corporate

Technology, Media and Telecommunications


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