Nokia Oyj
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in mil. unless spec.Company Description
- CEO
- Justin Hotard
- Full Time Employees
- 78,005
- Sector
- Electronic technology
- Industry
- Telecommunications equipment
- Address
- Karakaari 7 Espoo UU Finland 02610
- IPO Date
- Mar 29, 1905
- Website
- nokia.com
- Similar Companies
- Business
- Nokia Oyj provides network infrastructure, technology platforms, and professional services to communication service providers, enterprises, governments, and webscale customers worldwide. Founded in 1865 and headquartered in Espoo, Finland, the company operates through segments including Mobile Networks, offering radio access network technologies for 4G, 5G Advanced, and 6G; Network Infrastructure, encompassing IP routing, optical transport, fixed access, submarine networks, and data center solutions; Cloud and Network Services, delivering cloud-native software for network management, automation, cognitive services, and analytics; and Nokia Technologies, focusing on technology licensing, research in imaging, sensing, wireless connectivity, power management, and advanced materials. Nokia Technologies also develops consumer products and licenses the Nokia brand, while the company supports private wireless networks, industrial edge computing, and defense communications across more than 130 countries with approximately 92,000 employees. Nokia Oyj recently completed the acquisition of Infinera Corporation on February 28, 2025, for approximately $2.3 billion, creating an optical networks powerhouse to accelerate innovation in AI-driven data center connectivity and expanding its webscale customer base in North America; this deal integrates Infinera's cutting-edge optical technologies with Nokia Bell Labs research, targeting €200 million in synergies. In November 2025, Nokia committed $4 billion to U.S. manufacturing and R&D investments in AI-ready technologies across mobile, fixed access, IP, optical, and data center networking, including facilities in Texas, New Jersey, Pennsylvania, and Wisconsin, building on Infinera's prior CHIPS Act-supported semiconductor and packaging sites. The company announced a strategic reorganization effective January 1, 2026, into two core operating segments—Network Infrastructure and Mobile Infrastructure—to align with AI demands, alongside partnerships like its October 2025 collaboration with Nvidia for AI-powered 5G/6G radio access networks and Nvidia's $1 billion investment, plus a €250 million loan from the Nordic Investment Bank for 5G/6G R&D in Finland; Nokia also divested Alcatel Submarine Networks in January 2025 and continues a €900 million share buyback program through December 2025.
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