Last €6.75 EUR
Change Today -0.005 / -0.07%
Volume 4.7M
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09/25/14 - €6.89
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10/9/13 - €4.43
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nokia oyj (NOK1V) Details

Nokia Corporation is engaged in the network infrastructure, location-based technologies, and advanced technologies businesses worldwide. The company operates through four segments: Mobile Broadband, Global Services, HERE, and Technologies. The Mobile Broadband segment provides mobile operators with radio and core network software together with the hardware needed to deliver mobile voice and data services. The Global Services segment offers mobile operators with a range of services, including network implementation, care, managed services, and network planning and optimization, as well as systems integration services. The HERE segment focuses on the development of location intelligence, location-based services, and local commerce. This segment serves automotive, commerce, mobile, Internet, and consumer electronics industries. The Technologies segment is involved in the development and sale of intellectual property rights and technology licensing activities. It has collaboration agreement with Juniper Networks. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland.

56,599 Employees
Last Reported Date: 07/24/14
Founded in 1865

nokia oyj (NOK1V) Top Compensated Officers

Group Chief Financial Officer, Executive Vice...
Total Annual Compensation: €1.2M
Compensation as of Fiscal Year 2013.

nokia oyj (NOK1V) Key Developments

Etisalat Nigeria Renews Managed Services Contract with Nokia Networks

Etisalat Nigeria has renewed managed services contract with Nokia Networks for three more years with expanded services scope. Under the contract, Nokia Networks will manage the operator's 3G and GSM networks and improve network efficiency, ensuring the best possible mobile broadband service experience for end users. Nokia Networks has been providing managed services to Etisalat Nigeria since 2008. It has also improved Network Key Performance Indicators (KPIs) and Service Level Agreements (SLAs) according to global best in class standards. Nokia Networks has met its requirements with its delivery capability to achieve its strategy; therefore have renewed the contract with the company. Under the scope of the contract, Nokia's managed services capabilities such as network planning and optimization, operations and maintenance services as well as care services will be provided to Etisalat Nigeria to manage its GSM and 3G networks. Nokia's NetAct network management system will monitor, manage and optimize the operator's multi-technology networks.

Nokia Networks Launches Operations Support System as a Service

Nokia Networks has launched Operations Support System, or OSS, as a Service, enabling operators to shift capital expenditure to operational expenditure. Two OSS tools are being offered as a service: Nokia Performance Manager to help operators manage the performance and capacity of 2G, 3G and LTE networks; and Nokia Service Quality Manager which gives operators the more accurate real-time view of service quality across mobile broadband and IT networks. OSS as a Service provides greater business agility with deployment in just a few weeks and takes advantage of Nokia's global best practices. Meanwhile, overall operator costs can be 19% lower than with conventional business models, due to reduced installation, integration and operational cost.

Nokia Announces Executive Changes, Effective from September 1, 2014

Nokia announced that Michael Halbherr has decided to step down as CEO of HERE and as a member of the Nokia Group Leadership Team, effective September 1, 2014, in order to pursue his own entrepreneurial interests outside of the company. Cliff Fox, currently Senior Vice President, Core Map Group, at HERE, will assume the position of acting head of HERE, effective September 1, 2014.


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Valuation NOK1V Industry Range
Price/Earnings 59.2x
Price/Sales 1.9x
Price/Book 3.2x
Price/Cash Flow 10.9x
TEV/Sales 1.0x

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