Nokia had a “record” quarter at the end of last year for new private 5G customers; Ericsson said private 5G rescued its enterprise sales.
NOK reports a top-line expansion year over year in the fourth quarter, backed by healthy demand in India, Europe and North America region.
Investors cheered results from Finnish telecom-equipment maker Nokia Corp., which swung to a profit in the final quarter of 2024, driving shares to their best session in months.
Nokia reported fiscal fourth-quarter net sales growth of 10% year-on-year (9% in constant currency) to 5.98 billion euros ($6.39 billion).
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