- CEO
- Justin Hotard
- Full Time Employees
- 78,434
- Sector
- Technology
- Industry
- Communication Equipment
- Address
- Karakaari 7 Espoo Finland 02610
- IPO Date
- Apr 26, 2010
- Business
- Nokia Oyj provides network infrastructure, technology, and software services to communications service providers, enterprises, governments, and webscale companies worldwide. Nokia operates through segments including Mobile Networks offering radio access networks (RAN), microwave radio links, and 5G/6G solutions; Network Infrastructure encompassing IP routing, optical transport, fixed access including fiber-to-the-home, and submarine networks; Cloud and Network Services providing cloud-native core, network management, and automation software; and Nokia Technologies handling research, intellectual property licensing, and patented standards. The company maintains geographic operations in over 130 countries across North and Latin America, Greater China, India, Asia Pacific, Europe, the Middle East, and Africa. Founded in 1865 and headquartered in Espoo, Finland, Nokia employs advanced technologies from Nokia Bell Labs for AI-native networks and data center connectivity.
Nokia's core products include AirScale radio solutions for massive MIMO and multi-band frequencies; high-capacity optical transport and IP/MPLS routing for core, edge, and data centers; fixed broadband solutions such as fiber and copper access with in-home Wi-Fi; cloud RAN and standalone 5G core; private wireless networks for industrial edge; and defense communications systems. Nokia Technologies licenses patents essential to mobile, consumer electronics, and IoT sectors. The company delivers professional services for network planning, deployment, optimization, and managed operations.
Recent developments include the completion of its USD 2.3 billion acquisition of Infinera Corporation in February 2025, enhancing optical networking capabilities for AI-driven data centers and expanding US presence. In November 2025, Nokia secured a five-year extension with Telefónica Germany for nationwide radio access network modernization using Cloud RAN, AirScale Massive MIMO radios, and AI-driven operations through 2030. Nokia announced a strategic reorganization effective January 2026 into two primary segments—Network Infrastructure and Mobile Infrastructure—to accelerate AI/cloud growth and 6G innovation, alongside targeting EUR 2.7-3.2 billion comparable operating profit by 2028; certain units like Fixed Wireless Access CPE and Microwave Radio shift to Portfolio Businesses for future evaluation. Additional changes encompass partnerships with Microsoft and Nscale for data center switching, deals with Kyndryl and Lenovo, and accelerated carbon neutrality to 2040.