Nokia Corp - Company Profile
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Nokia Corp (Nokia) is a communications and information technology company that operates in the areas of network infrastructure and advanced technologies. The company offers a comprehensive portfolio of solutions, including fixed networks, mobile phones, Business Support Systems/Operational Support Systems (BSS/OSS), IP routing, optical networks, private networks, data centers, radio controllers, network implementation, Internet of Things (IoT), and 5G services. Nokia also provides robust network management, advanced analytics, communication services, digital and technical support, network security, and application services. It serves mobile network operators, enterprises, government, public sector, financial services, retail, energy, and resources, automotive, healthcare, logistics, manufacturing, and transportation industries. The company has a business presence across the Americas, Europe, Asia-Pacific, Middle East and Africa. Nokia is headquartered in Espoo, Finland.
Headquarters
Finland
Address
Karakaari 7, Espoo, 02610
Website
www.nokia.com
Telephone
358 10 4488000
No of Employees
78,005
Industry
Technology and Communications
Ticker Symbol & Exchange
NOKIA (HEL)
Revenue (2024)
$22.4B
3.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-49%
(2024 vs 2023)
Market Cap*
$58.1B
Net Profit Margin (2024)
XYZ
-50.8%
(2024 vs 2023)
* As of and is in US$
Nokia Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Mobile Phones | Network Infrastructure Services | Nokia |
| Radio Frequency Systems | IoT and 5G Services | |
| Submarine Cables | Cloud and Cognitive Services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In June, the company launched its Network Services Platform, a comprehensive management and automation platform. |
| 2026 | Contracts/Agreements | In June, the company expanded its partnership with HCLTech to promote the adoption of autonomous networks through AI-driven network automation and co-innovation of network automation RAN applications. |
| 2026 | New Products/Services | In June, the company launched the latest version of its Autonomous Networks Suite. |
Competitor Comparison
| Key Parameters | Nokia Corp | Samsung Electronics Co Ltd | Huawei Investment & Holding Co Ltd | Cisco Systems Inc | Telefonaktiebolaget LM Ericsson |
|---|---|---|---|---|---|
| Headquarters | Finland | South Korea | China | United States of America | Sweden |
| City | Espoo | Suwon | Shenzhen | San Jose | Stockholm |
| State/Province | - | - | Guangdong | California | Stockholm |
| No. of Employees | 78,005 | 129,480 | 213,000 | 86,200 | 87,521 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Timo Ihamuotila | Chairman | Executive Board | 2026 | 60 |
| Justin Hotard | Chief Executive Officer; President; Interim President, Mobile Infrastructure | Senior Management | 2025 | 52 |
| Marco Wiren | Chief Financial Officer | Senior Management | 2020 | 60 |
| Raghav Sahgal | Chief Customer Officer | Senior Management | 2026 | 64 |
| Esa Niinimaki | Chief Legal and Administrative Officer; interim Chief People Officer | Senior Management | 2025 | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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