Profile: Nokia Corp (NOK)
17 Feb 2017
Nokia Corporation, incorporated on December 19, 1896, is a global provider of network infrastructure and related services, with a focus on mobile broadband, as well as advanced technology development and licensing. The Company's businesses include Nokia Networks and Nokia Technologies. The Company's segments include Mobile Broadband, Global Services, Nokia Networks Other and Nokia Technologies. Mobile Broadband provides mobile operators with network solutions for mobile voice and data services through its Radio and Core business lines. Global Services provides mobile operators with services to create and maintain networks. Nokia Networks Other includes net sales and related cost of sales and operating expenses of non-core businesses. Nokia Technologies focuses on technology development and licensing, and includes net sales from both intellectual property right activities and technology licensing. The Radio business consists of second generation (2G) to fifth generation (5G) technology generations. The Core business has a mobile switching portfolio, as well as voice and packet core solutions.
The Company's Networks business is conducted through approximately four business groups, such as Mobile Networks, Fixed Networks, Internet protocol (IP)/Optical Networks, and Applications & Analytics. The Mobile Networks business group offers a portfolio of end-to-end mobile networking solutions comprising hardware, software and services for telecommunications operators, enterprises and related markets/verticals, such as public safety and Internet of things (IoT). The product portfolio includes macro radio access network (RAN) offerings for mobile data and voice communication using existing 2G, third generation (3G) and long term evolution (LTE) technology. Mobile Networks also brings to market a Converged Core offering, including Subscriber Data Management and IP Multimedia Subsystem solutions, enabling all-IP communication, including Voice over LTE (VoLTE). The product portfolio includes small cell access, as well as back haul and front haul (x-haul) solutions. The Fixed Networks business group provides copper and fiber access products, solutions and services. It consists of copper-based solutions, such as very high rate digital subscriber line (VDSL2), and vectoring technology. The Fixed Networks business group is engaged in the development of next-generation copper technologies, such as Vplus and G.fast. The Fixed Networks business group is also developing fiber to the home solutions, such as Gigabit Passive Optical Networks (GPON) and next-generation fiber access technologies. The service portfolio includes deployment, maintenance and professional services, such as copper and fiber broadband evolution, public switched telephone network transformation, site implementation and outside plant, as well as multi-vendor maintenance.
The IP/Optical Networks business group provides IP routing and optical transport systems, software and services to build network infrastructure for the Internet and global connectivity. The IP/Optical Networks business group provides IP networking solutions for residential, business and mobile services spanning the IP core, IP edge, mobile packet core, wireless backhaul, and IP/Ethernet metro and aggregation. The IP/Optical Networks business group provides scalable and dynamic packet-optimized and optical transport solutions. The Applications & Analytics business group offers carrier-grade software applications and platforms to provide operations and business support systems, build, deliver and optimize services. These include customer and network operations software, such as device management and multi-channel customer care with orchestration workflows and service assurance; network management and self-organizing networks solutions for multi-vendor network management, and automation to optimize network performance; communication and collaboration solutions, including cloud-based platforms, for integrated contextual communications services targeted at operator and enterprise customers; policy and charging solutions for implementing payment plans and policies; analytics solutions and algorithms to manage business performance by managing the value of subscriber and network data; automated and predictive security solutions to defend networks, services, end users and IoT devices against malicious attacks; IoT platforms to develop, deliver, manage and monetize services and ecosystems, and CloudBand Cloud management and orchestration solutions enabling a unified Cloud engine and platform for Network Functions Virtualization (NFV).
Nokia Technologies develops and licenses technologies. Nokia Technologies is focused on patent licensing, focused on licensing standard-essential and other patents in the Nokia Technologies portfolio to companies in the mobile devices market and others; technology licensing, focused on licensing technologies to enable its customers to build products; brand partnerships, to help its customers leverage the value of the Nokia brand in consumer devices, and incubation, focused on developing new products and solutions in the areas of Digital Media and Digital Health.
The Company competes with Cisco, Ericsson, Huawei, ZTE, Adtran, Ciena, Juniper, Amdocs, IBM and Oracle.
Company Web Links
- Blackberry hits Nokia with lawsuit over wireless patents
- BRIEF-Nokia looks for further bolt-on deals - CFO
- Nokia seeks to buy Finnish telecoms software firm Comptel for $370 million
- UPDATE 2-Nokia seeks to buy Finnish telecoms software firm Comptel for $370 mln
- BRIEF-Nokia announces intention to acquire Comptel