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Despite Revenue Dip, Nokia's Q1 Net Profit and Technology Patents Fuel Growth

Nokia Corp (NYSE:NOK) reported a fiscal first-quarter 2024 net sales decline of 20% year-on-year (19% in constant currency) to €4.67 billion ($5.07 billion), missing the consensus of $5.10 billion. Comparable EPS was $0.10 (€0.09) versus the consensus of $0.06. The reported net profit is €438 million, up from €289 million a year ago. Comparable net profit was €501 million, up from €342 million a year earlier. Network Infrastructure sales declined by 26% ...
United States Network Infrastructure Nokia Corp Network Services Technology Patents Fuel Growth North America
Source: yahoo.com

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Nokia Charts the Future of Telecommunications with Generative AI at MWC24

Unlike traditional models where networks passively handle data traffic, Nokia envisions a proactive system where networks anticipate needs and manage resources autonomously. This vision hinges significantly on integrating GenAI, which can generate new data and insights, pushing the boundaries of what networks can achieve regarding efficiency and service delivery.
Jitin Bhandari A Vision For Intelligent Networks Network Services Generation Networks World Congress Mobile World Congress

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