Provided by
Dow Jones
Dec 16, 2020 6:15 AM UTC
TIDMNOKIA
Nokia Corporation
Stock Exchange Release
December 16, 2020, at 08:00 (CET +1)
Nokia provides a mid-point update on strategy and operating model
-- Nokia aligns to deliver critical networks to CSPs, enterprises and
webscales.
-- Company aims for technology leadership in all segments it chooses to play
in.
-- Nokia sees value gradually migrating from monolithic systems towards
silicon, cloud-native software and services, and the industry moving
towards as-a-service business models.
-- Provides transparency on expected operating margin performance of its
four new business groups in 2021. Previously provided outlook for 2020
and 2021 remain unchanged.
Espoo, Finland -- Today Nokia provides an update on its strategy and