tech
Nokia doesn't make phones anymore. So how does it make billions?
Once the world's dominant mobile phone maker, Nokia has rebuilt itself as a behind-the-scenes provider of the infrastructure that powers global connectivity. Today, the Finnish company generates billions in revenue not just from the equipment it sells to telecom operators, but also from a vast portfolio of patents used across the communications industry.
TL;DR
- Nokia, formerly the dominant mobile phone maker, now focuses on providing global connectivity infrastructure.
- The company earns billions through equipment sales to telecom operators and its vast patent portfolio.
- Nokia is preparing for growth in the AI-RAN market, with significant cumulative opportunities projected by 2030.
- This is the first part of a series exploring Nokia's business evolution and future strategies.