Friday, 24 March, 2023

Nokia navigates growth with 5G, new strategy 

<p>Nokia posted quarterly revenue of 5.08 bn euros ($6.16 bn), a 3% rise, to beat the analysts&#39; average forecast of 4.72 bn euros. The sale from Network infrastructure products, including optical and fixed network products, jumped 28% to 1.73 bn euros. The growth path can be attributed to Nokia&#39;s new strategy and higher sales of&nbsp; 5G equipment. Nokia and Ericsson, both, have been winning customers as telcos&nbsp;start rolling out 5G and China&#39;s Huawei faces curbs.</p> <p>&nbsp;</p>