Nokia (NYSE:NOK) is a Finnish multinational telecommunications and information technology company that designs and sells network infrastructure, software, and services. Its primary business activities focus on carrier-grade 4G and 5G mobile networks, fixed networks, IP routing and optical transport solutions, as well as network management software. In addition to serving operators, Nokia provides private wireless networks and edge computing solutions for enterprises in sectors such as manufacturing, transportation, and utilities.
Founded in 1865 as a pulp mill, Nokia evolved over the 20th century into a major player in telecommunications equipment and consumer electronics. The company gained global prominence in the late 1990s and early 2000s as a leading mobile phone manufacturer and developer of the Symbian operating system. Following the divestiture of its handset business in 2014, Nokia refined its focus on network infrastructure, bolstered by its acquisition of Alcatel-Lucent in 2016, which expanded its portfolio in IP and optical networking.
Today, Nokia serves customers in over 130 countries across Europe, the Americas, Asia Pacific, the Middle East and Africa. Its product suite includes radio access networks (RAN), core network solutions, transport networks and cloud-native software offerings. The company also operates Nokia Technologies, a division responsible for patent licensing, intellectual property development and advanced research in areas such as next-generation wireless standards and digital automation.
Under the leadership of President and CEO Pekka Lundmark, who assumed the role in August 2020, Nokia has emphasized streamlined operations, investment in R&D and strategic partnerships with global operators. Headquartered in Espoo, Finland, the company maintains research centers and production facilities worldwide, collaborating with industry consortia to advance open standards and interoperability in the evolving telecommunications landscape.
