COVID-19 pandemic boosts Nokia’s broadband customer base

With the rise in users’ demand for better network amid the COVID-19 pandemic, Nokia is receiving more broadband connection orders from its clients. The customers’ network growth rate, earlier, was 30% to 40% in five years which elevated drastically in recent times. In 2016, Nokia’s fixed-line network business revenue declined 18% year by year after acquiring Alcatel-Lucent for $17B.

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