Nokia Oyj

NOKIA: XHEL (FIN)

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RAN Business Remains Challenging, but We Expect Nokia to Return to Growth in 2025

Samuel Siampaus

Jan 10, 2025

Business Strategy and Outlook

Nokia’s largest business supplies radio access network, or RAN, equipment to telecom carriers worldwide. Along with peers Ericsson and Samsung, the firm is a leader in the telecom equipment industry and should continue to benefit from the global 5G buildout. However, Providing RAN equipment and services is an incredibly challenging business, in our opinion.

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Nokia Oyj

RAN Business Remains Challenging, but We Expect Nokia to Return to Growth in 2025

Business Strategy and Outlook

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