It's our annual end of year review episode, as the team sit down and discuss the hot topics that shaped 2025, including a Nokia shake-up, US operators winding back DEI, satellite getting real, device differentiation and massive AI investment. Later on, we have our predictions for 2026.

0:00 Intro 2:00 Was it a quiet year? 5:00 Nokia shake-up 9:00 US operators drop DEI 16:00 Satellite gets real 21:00 Smartphones get thin 29:00 Billions pumped into AI 33:00 Our 2026 predictions