Nokia Halts Investment in Joint MoCA-based Offering; InCoax to Evaluate Impact

10:31 AM EDT, 09/28/2026 (MT Newswires) -- Nokia (NOKIA.HE) will stop investing in the joint Multimedia over Coax Alliance, or MoCA, Access-based offering with InCoax Networks (INCOAX.ST) and will remove the broadband technology company's products from its portfolio. The Finnish telecommunications equipment group is withdrawing due to "insufficient customer interest," according to a Monday release. InCoax said it is evaluating the impact of Nokia's decision and has engaged in talks to determine its next steps.