Friday, 24 March, 2023

COVID-19 pandemic boosts Nokia’s broadband customer base

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