What Need Does It Serve?
Nokia develops network equipment, software, services and licensing globally. It provides mobile telephony, IoT, and digital health services.
Has 2 Operating Segments-
1. Nokia Networks: This generates revenues from a portfolio of products and services that encompass mobile and fixed network access infrastructure, IP routing and optical networks, mobile and converged core networks, as well as software platforms and applications.
2. Nokia Licensing: This segment is focused on licensing Nokia intellectual property, including patents, technologies, and the Nokia brand.
Who Are its Clients?
Nokia primarily sells its hardware to wireless carriers.
The company licenses its patents to handset and chipset vendors.
What Are The Alternatives?
Networks Equipment provider/ Mobile Network provider: Ericsson, Huawei
IP networking and security providers : Juniper Networks, Cisco
Optical Networks & Fixed Access providers: Ciena, Adtran, Calix
Network analytic service and IoT and systems integration: Ericsson, Netcracker, HPE, IBM
Independent Software Vendors: Amdocs, Oracle, Netcracker
What Is The Basis of Competition?
Competition is based on selling high-end networking gear and software to telecommunications companies and internet service providers.