Nokia Corporation engages in the network and technology businesses. The Company operates through four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It provides mobile networking solutions, including hardware, software, and services for telecommunications operators, enterprises, and related markets/verticals, and fixed networking solutions, such as copper based solutions, fiber-to-the-home solutions, gigabit passive optical networks, and network implementation. Nokia also provides IP/optical networking solutions, including IP routing and optical transport systems, software solutions, such as customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, IoT, security, and analytics platforms. 
TypePublic
HQEspoo, FI
Founded1865
Size (employees)103,000 (est)
Websitenokia.com
Nokia was founded in 1865 and is headquartered in Espoo, FI
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Key People/Management at Nokia

Rajeev Suri

Rajeev Suri

President and Chief Executive Officer (CEO)
Kristian Pullola

Kristian Pullola

CFO
Joerg Erlemeier

Joerg Erlemeier

Chief Operating Officer (COO)
Basil Alwan

Basil Alwan

Co-President of IP/Optical Networks
Sri Reddy

Sri Reddy

Co-President of IP/Optical Networks
Bhaskar Gorti

Bhaskar Gorti

President of Nokia Software
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Nokia Office Locations

Nokia has offices in Seoul, Aldeia de Juzo, Bratislava, Ljubljana and in 138 other locations
Espoo, FI (HQ)
Karaportti 3 FI-02610
Tampere, FI
25 Rautatienkatu
Vanda, FI
3 Teknobulevarden
Bir Mourad Raïs, DZ
3 Freres Bouadou Road
Hydra, DZ
Rue des Pins
Luanda, AO
133 R. Maj. Kanhangulo
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Nokia Financials and Metrics

Nokia Revenue

Nokia's revenue was reported to be €23.15 b in FY, 2017 which is a 2.1% decrease from the previous period.
EUR

Revenue (FY, 2017)

23.1b

Revenue growth (FY, 2016 - FY, 2017), %

(2.1%)

Gross profit (FY, 2017)

9.1b

Gross profit margin (FY, 2017), %

39.5%

Net income (FY, 2017)

(1.5b)

EBIT (FY, 2017)

16.0m

Market capitalization (15-Oct-2018)

29.8b

Closing stock price (15-Oct-2018)

5.3

Cash (31-Dec-2017)

7.4b

EV

26.2b
Nokia's current market capitalization is $29.8 b.
EURFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

11.8b11.8b12.5b23.6b23.1b

Revenue growth, %

0%6%89%(2%)

Cost of goods sold

14.0b

Gross profit

9.1b
EURFY, 2017

Cash

7.4b

Accounts Receivable

6.9b

Prepaid Expenses

1.3b

Inventories

2.6b
EURFY, 2017

Net Income

(1.5b)

Cash From Operating Activities

1.8b

Purchases of PP&E

(601.0m)

Cash From Investing Activities

10.0m
EURY, 2017

EV/EBIT

1.6 k x

EV/CFO

14.5 x

Revenue/Employee

226.7k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

2.5 x
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Nokia Operating Metrics

FY, 2015

Patents Issued

30 k

Patents and Patent Applications

9.90 k
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Nokia Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Space Time InsightMay 07, 2018
UniumFebruary 25, 2018
ComptelFebruary 09, 2017$370 m

Nokia Revenue Breakdown

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Nokia revenue breakdown by business segment: 25.0% from Global Services, 7.1% from Nokia Technologies, 24.7% from IP Networks and Applications, 38.6% from Ultra Broadband Networks and 4.6% from Other

Nokia revenue breakdown by geographic segment: 6.3% from India, 5.6% from France, 9.0% from China, 7.3% from Finland, 25.9% from United States and 45.9% from Other

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Nokia Online and Social Media Presence

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Nokia News and Updates

Re-living the startup experience - Florian Sieche HMD Global CEO on resurrecting Nokia

Florian Sieche, CEO of HMD Global, talks to YourStory on how the Nokia brand is working its way to the top spot, and how the firm aims to make India its number one market. Florian Sieche, Global CEO ...

United States Submarine Cables Review and Forecasts, 2018 Report Featuring Hengtong Marine Cable System, AEI Cables, Nokia (Alcatel-Lucent) & Corning Cable Systems

DUBLIN, Aug. 22, 2018 /PRNewswire/ -- The "US Submarine Cables - a Review and Forecast" report has been added to ResearchAndMarkets.com's offering. This report, perhaps uniquely, forecasts growth in traffic on US submarine cables by traffic source/sink areas (Europe, Asia, and Latin...

Nokia 6.1 Plus: Stock Android experience in a budget phone (Tech Review)

Nokia 6.1 Plus, which was launched in India on August 21, is the first device from HMD Global's stable to sport a notch -- a little black cut-out on top of the smartphone screen -- and the latest to join the trend of 19:9 aspect ratio screen phones with tiny bezels.

Nokia caps 5G royalty at €3 as mobile industry seeks licensing peace

To help avoid future 5G licensing-related fights, Nokia today disclosed its licensing fee for 5G standard essential patents: €3 (U.S. $3.48) per device, a flat rate notably lower than 5G licenses announced by rivals Ericsson and Qualcomm.

Nokia announces launch of 6.1 plus and 5.1 plus in India

Aiming to move from number three to number one position in India, Nokia announced the launch of two new smartphones. The team also plans to double manufacturing in India. Stepping up its game in the ...

Nokia maker HMD aims to double India revenues in four-six months

HMD Global, which aims to rank among the top three smartphone brands in India in the next three years, could also consider diversifying into other product categories
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Nokia Blogs

du showcases Nokia's Digital Experience technology at GITEX as part of its company-wide digitalization strategy

du showcases Nokia's Digital Experience technology at GITEX as part of its company-wide digitalization strategy Press Release  Nokia solution helps organizations to increase efficiency to better serve customers Delivers significant cost savings by dramatically decreasing inbound call…

Nokia collaborates with BSNL to leverage Industry 4.0 for manufacturing excellence at Nokia's Chennai factory

Nokia collaborates with BSNL to leverage Industry 4.0 for manufacturing excellence at Nokia's Chennai factory Project marks India's first 'real-world' application of Industry 4.0 at the Nokia Conscious Factory in Chennai Nokia increases levels of automation for enhanced efficiency…

du and Nokia demonstrate new 5G use case with virtual reality football game at GITEX 2018

du and Nokia demonstrate new 5G use case with virtual reality football game at GITEX 2018 Press Release  Nokia and du demonstrate 5G capabilities and identify more innovative use cases to enhance the consumer experience 5G use cases like the virtual reality (VR) enabled football gam…

STC, Nokia announce region-first LTE air-to-ground trial network at GITEX 2018

STC, Nokia announce region-first LTE air-to-ground trial network at GITEX 2018 Press Release  Nokia's latest LTE-based air-to-ground technology provides significant advantage over traditional satellite-based communications system for in-flight broadband systems The trial paves the wa…

Nokia and Chorus deploy VDSL2 vectoring technology to enhance broadband access for customers across New Zealand

Nokia and Chorus deploy VDSL2 vectoring technology to enhance broadband access for customers across New Zealand Press Release Nokia's VDSL2 vectoring technology enables Chorus to improve the online and TV experience for copper broadband customers with service up to 130Mbps Deployment…

Nokia and University of Technology Sydney launch 5G skills accelerator

Nokia and University of Technology Sydney launch 5G skills accelerator Press Release Facilities at UTS Botany Tech Lab and Ultimo Data Lounge to advance Australia's skills and knowledge in 5G, IP and broadband technologies and the future of communications More than 1,000 industry perso…
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Nokia Company Life and Culture

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