Nokia Expects Mobile Business to Drive Its Growth in 2023
Nokia expects its mobile business to drive growth this year, CEO Pekka Lundmark said Thursday as the company released Q4 results. Nokia’s mobile business unit had 3% growth over last year, though operating margins declined. “As we look into 2023,…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
even as some developed markets, like North America, mature, other markets, like India, are just starting to ramp up,” Lundmark said during an investor presentation: “We see the addressable markets for mobile networks continuing to grow. With the recent deals won, we believe we are in a strong position to outperform the market.”