Company

Nokia Corporation

Headquarters: Espoo, Finland

Founded: 12 May 1865

Employees: 87,927

CEO: Mr. Pekka Ilmari Lundmark

OMX: NOKIA.SEK -0.53%

Market Cap

kr195.49 Billion

SEK as of Jan. 1, 2024

US$19.42 Billion

Market Cap History

Nokia Corporation market capitalization over time

Evolution of Nokia Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Nokia Corporation

Detailed Description

Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. It offers products and services for radio access networks covering technologies from 2G to 5G, and microwave radio links for transport networks. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, and cloud and virtualization services, as well as wi-fi portfolio, including mesh solutions and cloud-based controllers; IP routing solutions for IP aggregation, and edge and core applications for residential, business, mobile, and industrial services; a portfolio of optical networks comprising portfolio coherent optical transponders, optical transport network switchers, wavelength-division multiplexers, reconfigurable optical add-drop multiplexer solutions, and optical line systems for metro access and aggregation, data center interconnect, regional, and long-haul/ultra-long-haul applications; and submarine networks. In addition, it offers business applications software, cloud and cognitive services, core networks software, and enterprise solutions. Further, the company provides hardware, software, and services, as well as licensing of intellectual property, including patents, technologies, and the Nokia brand. It serves communications service providers, webscales, hyperscalers, digital industries, and government. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.

Top 1-year algo backtest: +298.72%

$10,000 in April 2023 would now be $39,872 by following this algorithm daily at market close.

Boost your stocks returns with Disfold AI... Now!

Try Disfold AI for FREE

Key People

Founder(s): Fredrik Idestam Leo Mechelin Eduard Polón

Sari Baldauf (Chairman) Pekka Lundmark (President &​  CEO)

Financials

Revenue: €22.202 billion (2021)

Operating income: €2.775 billion (2021)

Net income: €330 million (2021)


Total assets: €40.049 billion (2021)

Total equity: €17.462 billion (2021)

Details

Headquarters:

Karakaari 7

Espoo, 02610

Finland

Phone: 358 1044 88000

Fax: 358 1044 81002