Nokia is a Finnish multinational telecommunications, information technology, and consumer electronics corporation that was originally established as a pulp mill in 1865. Today, Nokia focuses on network infrastructure, technology development, and licensing. The company operates through several segments, including Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. Nokia is a public limited company listed on the Nasdaq Helsinki and New York Stock Exchange. In 2024, Nokia's net revenue was reported at $20,800.1 million.
Nokia's leadership includes Sari Baldauf as Chairwoman and Justin Hotard as President and CEO. Recent changes to the Group Leadership Team include the appointment of Pallavi Mahajan as Chief Technology and AI Officer and Konstanty Owczarek as Chief Strategy and Corporate Development Officer, effective October 1, 2025. In recent news, Nokia has been involved in modernizing charging systems, powering research in health, climate, and AI, and has seen both sales declines in China and wins in 5G RAN modernization deals. Nokia is also focusing on expanding its AI capabilities and data center networking.
