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StockNews.com
Business
Mangeet Kaur Bouns

Should You Pick Up Nokia After Citi Upgrade?

Headquartered in Espoo, Finland, Nokia (NOK) provides mobile, fixed, and cloud network solutions internationally. The company operates through four segments: Mobile Networks; Network Infrastructure; Cloud and Network Services; and Nokia Technologies.

On June 14, 2022, NOK announced an FTTH deal with all-fiber service provider Wire 3 to accelerate the 10G broadband network build in Florida. Also, in the same month, NOK and Innventure collaborated to commercialize Nokia Bell Labs’ high-performance cooling technology for critical electronic equipment.

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