Founded in 1865 in Finland, Nokia is a privately owned multinational corporation. Initially involved in various industries, it currently focuses primarily on enterprise and telecommunications software. Employing approximately 92,940 people, Nokia's headquarters remain in Finland. While historically known for its consumer electronics and telecommunications hardware, its current operations are centered on software solutions for businesses and the telecommunications sector.

Revenue

Founded

1865

Headcount

92,931

Headquarters

Finland

Primary Segment

Enterprise and telecoms software

Ownership

Privately Owned

Deployments

40

News Summary:

Nokia completed a share buyback program from November 25, 2024, to April 2, 2025, repurchasing 150 million shares at an average price of approximately EUR 4.69 to offset the impact of its Infinera acquisition. The company proposes cancelling these shares in April 2025. Separately, Nokia collaborated with StarHub and Dell Technologies on a trial of Southeast Asia's first 5G Cloud Radio Access Network, a cloud-based platform intended to facilitate new services for enterprise customers. An agreement was reached with Alcadis for the distribution of Nokia's optical fibre products in the Benelux region. Furthermore, Nokia and Amazon settled patent litigation, resulting in a patent deal that allows Prime Video services and Fire Stick devices to utilize Nokia's video properties. Finally, Nokia participated in a quantum secured encryption trial with Colt Technology Services and other technology partners, supporting plans to offer quantum-resistant services.

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Nokia offers 11 products in the media tech, connectivity and cloud and telecoms tech industries. Nokia's product portfolio comprises of connectivity and distribution services, enterprise and telecoms software, connectivity infrastructure, broadband aggregation and home networks, data centre infrastructure, telecoms network infrastructure, enterprise cloud and enterprise security.
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Nokia's customers primarily consist of telecoms and enterprise cloud companies. Examples of Nokia's customers include Microsoft, AT&T and Orange Group. Nokia has commercial and technical partners like Telefónica, BT Group and Thales. Examples of Nokia's suppliers include Red5 Pro and Comprimato.

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