Nokia

Company Snapshot

Founded: 1865
Entity Type: Public
Employees: 78,434
Region: Europe
Revenue: $20,800.1 Millions
Revenue Year: 2024
Headquarter: Espoo, Finland
Key Geographics: Asia-Pacific, Europe, Greater China, India, Latin America, Middle East and Africa, North America
Corporate Address: Karakaari 7 P.O.Box 226, FI-00045 Nokia Group 02610 Espoo, Finland Tel. +358-10-4488-000 www.nokia.com

Company Overview

Headquartered in Espoo, Finland, Nokia Corp. was founded in 1865. The company markets its products through five segments:

  • Network Infrastructure builds business-critical and mission-critical networks for a wide range of communications service providers (CSPs), as well as enterprise and web scale customers.
  • Mobile Networks creates products and services covering all mobile technology generations.
  • loud and Network Services (CNS) serves CSPs, enterprises, hyper-scale customers, digital developers, and partners, navigating three major industry transitions: the introduction and monetization of 5G networks, the cloudification of communications platforms and software, and the transition to as-a-service models.
  • Nokia Technologies manages Nokia’s patent portfolio, monetizing Nokia’s intellectual property, including patents, technologies, and the Nokia brand.
  • Group common and other offers general and administrative items.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Company's Business Segments

  • Network Infrastructure : Network Infrastructure delivers Fixed Access, IP Routing, Data Center Networks, and Optical Transport, both terrestrial and subsea, for business-critical and mission-critical applications for CSP, Enterprise, and Webscale customers.
  • Mobile Networks : Mobile Networks creates products and services for all mobile technology generations. Its portfolio includes products for Radio Access Networks and microwave Radio Links.
  • Cloud and Network Services : Cloud and Network Services focus on 5G Core, Secure Autonomous Operations, Private Wireless, Campus Edge, Network as Code, and SaaS.
  • Nokia Technologies : This segment includes Nokia’s intellectual property, including Patents, Technologies, and The Nokia brand.

Applications/End User Industries

  • Communications Service Providers
  • Webscales and Hyperscalers
  • Digital Industries
  • Government Agencies
  • Enterprises
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