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Nokia's competitors and similar companies include Telefonica.

	Nokia Nokia is a company that provides technology solutions.	Telefonica Telefónica is a company that provides telecommunication services.
Founding Date	Founding Date 1865	Founding Date 1924
Type	Type Public	Type Public
Tags	Tags Mobile & Telecommunications Technology automation broadband cloud communication equipment enterprise software fiber optic wireless	Tags Mobile & Telecommunications broadband connectivity outsourcing
Locations	Locations Espoo, FI HQ Kabol, AF Tirana, AL Algiers, DZ Algiers, DZ Algiers, DZ Oran, DZ see more	Locations Madrid, ES HQ Buenos Aires, AR Providencia, CL Bogotá, CO Quito, EC Munich, DE see more
Employees	Employees 78,434	Employees 82,17519% decrease
Valuation ($)	Valuation ($) 23 b	Valuation ($) 25.7 b
Financial
Revenue (est.)	Revenue (est.) €19.9b (FY, 2025)	Revenue (est.) €37.7b (FY, 2025)
Cost of goods	Cost of goods €10.1b (FY, 2025)	Cost of goods €13b (FY, 2025)
Gross profit	Gross profit €9.8b (FY, 2025)	Gross profit €26.3b (FY, 2025)
Net income	Net income €660m (FY, 2025)	Net income (€4.2b) (FY, 2025)

For sources of this data, please see the company profile

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HQ

Madrid, ES

Employees

82,175↓ 19% decrease

Telefónica is a company that provides telecommunication services.