Nokia

NOK

Market cap $33.7B

Nokia is focusing on AI-driven network and mobile infrastructure, aiming for an annual operating profit of €2.7–3.2 billion by 2028. The company is simplifying its structure, reducing its business units to two to streamline operations and improve execution. Financials are stable, but mixed, with steady gross profit, fluctuating net income, and $6.65 billion in cash, plus positive free cash flow.

NOK teams with Senetas to deliver quantum-resistant, mission-critical security, strengthening defence networks from core to frontline.

TEF extends its NOK partnership to modernize Germany's RAN through 2030, accelerating 5G rollout and advancing AI-driven network automation.

Press Release Nokia and Telefónica Germany agree 5-year RAN deal to advance 5G expansion  Nokia to modernize Telefónica Germany's radio access network and deploy advanced Cloud RAN solutions, driving 5G expansion and sustainable digitalization across Germany. 26 November 2025Espoo, Finland – Nokia today announced a new 5-year contract extension with its strategic partner, Telefónica Germany (Telefónica) to modernize and upgrade its nationwide radio access network until 2030.

Press Release Nokia Canada breaks ground on new Ottawa innovation campus, helping to shape the future of Canadian Tech leadership Major investment cements Canadian leadership in AI, quantum, and next-generation connectivity while driving sustainable growth and world-class talent development Project showcases the strength of Nokia's strategic partnerships with the Government of Canada, Government of Ontario and City of Ottawa. 25 November 2025Ottawa, Canada – Today marks a bold new era for Canadian innovation as Nokia breaks ground on its next-generation Ottawa campus, reinforcing Canada's position as a global leader in connectivity.

Nokia CorporationStock Exchange Release25 November 2025 at 13:30 EET Nokia announces delisting from Paris Stock Exchange

Nokia introduces MantaRay SON to NTT DOCOMO's multi-vendor 5G network Nokia and NTT DOCOMO partner to revolutionize 5G Operations in Japan with MantaRay SON Autonomous solution enhances 5G network efficiency, customer experience, and operational cost savings in Japan 25th November 2025Espoo, Finland – Nokia today announced its collaboration with Japan's NTT DOCOMO, INC. (“DOCOMO”) to deploy its autonomous MantaRay SON Self-Organizing Networks solution in DOCOMO's multi-vendor LTE and 5G radio access network (RAN).

The Finnish telecommunications company is the latest to increase its domestic spending as it looks to optimize its network infrastructure for artificial intelligence.

Finland's Nokia said on Friday it plans to invest $4 billion in research, development and production in the United States to accelerate innovation in artificial intelligence network connectivity.

Nokia Oyj ( NOK ) Analyst/Investor Day November 19, 2025 8:00 AM EST Company Participants David Mulholland - Head of Investor Relations Justin Hotard - President & CEO Pallavi Mahajan - Chief Technology & AI Officer Raghav Sahgal - President of Cloud & Network Services David Heard - President of Network Infrastructure Patrik Hammaren - President of Nokia Technologies Marco Wiren - Chief Financial Officer Conference Call Participants Simon Leopold - Raymond James & Associates, Inc., Research Division Terence Tsui - Morgan Stanley, Research Division Felix Henriksson - Nordea Markets, Research Division Sandeep Deshpande - JPMorgan Chase & Co, Research Division Sami Sarkamies - Danske Bank A/S, Research Division Robert Sanders - Deutsche Bank AG, Research Division Artem Beletski - SEB, Research Division Grant Lenehan Timothy Savageaux - Northland Capital Markets, Research Division Andrew Gardiner - Citigroup Inc., Research Division Emil Immonen - DNB Carnegie, Research Division Presentation David Mulholland Head of Investor Relations Hello, ladies and gentlemen, and welcome to Nokia's Capital Markets Day 2025. It's great to see so many of you here in person, and welcome to those of you that are joining us on the webcast.