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Nokia hires former Ericsson exec to lead new strategy

Nokia hires former Ericsson exec to lead new strategy
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Nokia provides a mid-point update on strategy and operating model

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About Nokia
We create the critical networks and technologies to bring together the world s intelligence, across businesses, cities, supply chains and societies.
With our commitment to innovation and technology leadership, driven by the award-winning Nokia Bell Labs, we deliver networks at the limits of science across mobile, infrastructure, cloud, and enabling technologies.
Adhering to the highest standards of integrity and security, we help build the capabilities we need for a more productive, sustainable and inclusive world.
For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia.
FORWARD-LOOKING STATEMENTS
It should be noted that Nokia and its businesses are exposed to various risks and uncertainties and certain statements herein that are not historical facts are forward-looking statements. These forward-looking statements reflect Nokia s current expectations and views of future developments and in ....

Pekka Lundmark , Network Infrastructure , Optical Networks , Group Common , Ip Networks , Stock Exchange , Nokia Communications , Alcatel Submarine Networks , Network Services , Wireless Networks , Nokia Corporation , Today Nokia , Capital Markets Day , Private Wireless Networks , Fixed Networks , Nokia Bell Labs , வலைப்பின்னல் உள்கட்டமைப்பு , ஒளியியல் நெட்வொர்க்குகள் , குழு பொதுவானது , இப் நெட்வொர்க்குகள் , ஸ்டாக் பரிமாற்றம் , நோக்கியா தகவல்தொடர்புகள் , அல்காடெல் நீர்மூழ்கி கப்பல் நெட்வொர்க்குகள் , வலைப்பின்னல் சேவைகள் , வயர்லெஸ் நெட்வொர்க்குகள் , நோக்கியா நிறுவனம் ,

Nokia Says Executing Turnaround And Regaining 5G Leadership

Nokia Says Executing Turnaround And Regaining 5G Leadership
ESPOO (dpa-AFX) - Nokia Corp. (NOK) has provided a mid-point update on strategy and operating model. It also provides expected operating margin performance of its four new business groups in 2021.
Nokia s outlook for 2020 and 2021 remains unchanged. It expects comparable operating margin of 7%-10% in 2021. The company provided its assumptions for its four new business groups and Group Common and Other in 2021 and over the longer term.
Nokia noted that mobile networks immediate focus will be on executing its turnaround and regaining 5G leadership. It is expected to deliver comparable operating margin of around zero percent in 2021, and significant improvement over the longer term. ....

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Nokia Corporation Nokia Provides A Mid-point Update On Strategy And Operating Model

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 ....

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Nokia provides an update on its strategy and operating model

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 operating model. On October 29 Nokia announced the first phase of its new strategy, outlining high-level strategic principles alongside a new operating model designed to better position the company for changing markets and align with customer needs. The new model is effective from January 1, 2021. Detailed business group strategies will be provided on Capital Markets Day on March 18, 2021. ....

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