94 Followers USX:NOK - Nokia Oyj Nokia Corp ADR
Sector: Information Technology, Industry: Communications Equipment
Next Earnings: 18 Apr 2024
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USD 3.54    -0.06 (-1.67%)

28 Mar 2024


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General

CEO: Mr. Pekka Ilmari Lundmark

IPO: 1994-01-03

Headquarters: US

Employees: 86,896

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Description

Nokia provides telecom equipment and services that are used to build wireless and fixed-line networks. It operates in four segments. The mobile networks segment, which sells equipment and services to telecom carriers to power public wireless networks, is the largest, followed closely by network infrastructure. Network infrastructure focuses on fixed networks, including infrastructure, solutions, and components for IP networks, optical networks, and submarine networks. Cloud and network services is a nascent segment catering to enterprises with as-a-service platforms. Nokia also has a sizable research division and patent business, where it licenses technology used by handset providers, consumer electronics firms, and other firms making electronic and Internet of Things products.

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