Nokia, publicly owned and headquartered in Finland, was founded in 1865 and operates with approximately 92,940 employees, having reported $22.5 billion in revenue as of 2025. The company specializes in fixed wireless access and functions as a Finnish multinational corporation in the telecommunications, information technology, and consumer electronics sectors.

2025 Revenue

Founded

1865

Headcount

92,931

Headquarters

Finland

Primary Segment

Fixed wireless access

Ownership

Publicly Owned

Deployments

40

News Summary:

On an unspecified date, Nokia signed an agreement with 4iG Group to modernize and unify IP access and DWDM transport backbone networks in Hungary. The goal is to create a next-generation network infrastructure that can handle increased data traffic, support digital service growth, and ensure long-term sustainable operations. Also on an unspecified date, the Iraqi communications ministry contracted Nokia to build the country's first government-owned data centers in Baghdad. Two facilities will be constructed, one at the Al Intisar site and another at the Al Rasheed exchange. These centers will store data under Iraqi management and serve both government and private sector clients. On an unspecified date, Nokia, along with Intel, Datwyler IT Infra, and the Switzerland Innovation Park Biel/Bienne, established an AI innovation hub in Switzerland for startups and non-profit organizations. The hub will help these entities transition to digital business processes using AI-powered edge products and 5G connectivity. On an unspecified date, Nokia announced changes to its top management, creating a new Technology and AI unit and Corporate Development office. Pallavi Mahajan joined as Chief Technology and AI Officer, and Konstanty Owczarek was hired as Chief Corporate Development Officer. Nishant Batra stepped down as Chief Strategy and Technology Officer.

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Nokia offers 32 products in the telecoms tech and connectivity and cloud industries. Nokia's product portfolio comprises of enterprise security, dSL access, telecoms network infrastructure, data centre infrastructure, enterprise cloud, wi-Fi and mesh networks, fibre access, bSS/OSS and fixed wireless access.
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Nokia's revenues were $22.5B in 2025. Caretta Research has split Nokia's revenue into 17 different product categories, the largest of which is other, which represents 21% of Nokia's revenue.
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Nokia's customers primarily consist of telecoms and generative AI companies. Examples of Nokia's customers include AT&T, Orange Group and Microsoft. Nokia has commercial and technical partners like Thales, BT Group and Telefonica. Examples of Nokia's suppliers include Red5 Pro, Comprimato and SEI Robotics.

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