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Nokia's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Nokia is a communications and information technology firm that provides mobile telephony, IoT and digital health service... Read more

Annual Revenue

Employees

Rajeev Suri's photo - President & CEO of Nokia

President & CEO

Rajeev Suri

CEO Approval Rating

67/100

OVERVIEW

Founded:

1865

Headquarters:

Espoo, Southern Finland

Status:

PublicNYSENOK

Industry Sector:

Computers, Peripherals, Networking and Electronic Equipment,
Telecommunications Equipment

SIC Code:

3577NAICS listing »

3576NAICS listing »

3575NAICS listing »

3600NAICS listing »

3669NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is Cisco a competitor of Nokia?

I don't know

Trending News for Nokia and Nokia's Competitors

June 5, 2020

InvestorPlace

Nokia Is a Cynical Beneficiary of the Trump Administration

InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor years, Nokia stock has been a frust... See more »

June 5, 2020

Neowin

Huawei bags eight awards, including five Grand Awards at Interop Tokyo 2020

The company showcased 14 projects at the Interop Tokyo 2020 conference. With these, the Chinese tech ... See more »

June 5, 2020

SDxCentral

Ciena Posts Strong Q2 Earnings Beat

Revenues during the quarter reached $894 million, up 3.4% year over year, exceeding investor...Read M... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Huawei is one of Nokia's top competitors. Huawei was founded in 1987 in Shenzhen, Guangdong Province. Like Nokia, Huawei also operates in the Telecommunications Equipment industry. Huawei generates $96.1B more revenue than Nokia.

Ericsson is a top competitor of Nokia. Ericsson was founded in 1876, and is headquartered in Stockholm, Stockholms län. Like Nokia, Ericsson also competes in the Telecommunications Equipment field. Ericsson generates $1.8B less revenue vs. Nokia.

ZTE is seen as one of Nokia's top competitors. ZTE is headquartered in Shenzhen, Beijing Municipality, and was founded in 1985. Like Nokia, ZTE also operates in the Telecommunications Equipment field. ZTE generates 50% the revenue of Nokia.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Rajeev Suri

President & CEO

- -
101,000
$581M
$25.9B
1

Ren Zhengfei

Founder & CEO

64/100
194,000
- -
$122B
2

Borje Ekholm

President & CEO

93/100
99,095
$812M
$24.1B
3

Xu Ziyang

CEO

57/100
70,066
- -
$13B
4

Kinam Kim

President & CEO

70/100
309,630
- -
$199B
5

Rami Rahim

CEO

78/100
9,283
$304.4M
$4.4B
6

Chuck Robbins

Chairman & CEO

71/100
75,900
- -
$50.6B
7

Gary B. Smith

President & CEO

92/100
6,383
$115M
$3.6B
8

Thomas R. Stanton

Chairman & CEO

59/100
1,900
- -
$500.8M
9

Carl Russo

President & CEO

79/100
802
$239.8M
$436.7M
10

Sergio Buniac

President

66/100
40,000
- -
$2B
The top 10 competitors in Nokia's competitive set are Huawei, Ericsson, ZTE, Samsung, Juniper Networks, Cisco, Ciena, Adtran, Calix and Motorola Mobility. Together they have raised over 1.5B between their estimated 807.0K employees. Nokia has 101,000 employees and is ranked 3rd among it's top 10 competitors. The top 10 competitors average 82,550.

Quarterly and Annual Revenue

Coming soon for Nokia!

Annual Revenue

$25.9B

Nokia's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 40.5B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Elenion Technologies, LLC

Feb 2020

Source »
undisclosed
Elenion designs and develops silicon photonics integrated System-on-Chip optical engines for telecom, data center, and networking applications.
Space Time Insight, Inc.

May 2018

Source »
undisclosed
Space-Time Insight develops and delivers situational intelligence and visual analytics applications for energy, logistics and transportation sectors.
Unium

Feb 2018

Source »
undisclosed
Unium designs and develops WiFi mesh technology solutions for home networking services.
Comptel Corporation

Feb 2017

Source »
$370M
Comptel designs and builds software-based mobile data communications solutions for the telecommunication industry.
DeepField

Dec 2016

Source »
undisclosed
DeepField provides a real-time network performance​ monitoring and DDoS threat detection solutions for communication service providers and enterprises.

These are all the companies that Nokia has acquired. Nokia has acquired 25 companies and its latest acquisition was Elenion Technologies, LLC in Feb 2020. Elenion designs and develops silicon photonics integrated System-on-Chip optical engines for telecom, data center, and networking applications.

Nokia Funding History

Since Nokia was founded in 1865, it has participated in 1 round of funding. In total Nokia has raised $581.0M. Nokia's funding round was on Aug 2018 for a total of $581.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Aug 2018
$581M

European Investment Bank

Total Funding: $581M

Since Nokia was founded in 1865, it has participated in 1 round of funding. In total Nokia has raised $581.0M. Nokia's funding round was on Aug 2018 for a total of $581.0M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Team8 is a provider of cyber-security infrastructure solutions for businesses.
$23M
Feb 22, 2016
Series B
-
Cloudmark is a provider of sender reputation, messaging security and infrastructure solutions for wired and wireless networks.
$23M
Mar 03, 2010
Angel
Nov 01, 2017
Obopay is a mobile money services platform that provides mobile payment, business and agent solutions.
$70M
Mar 24, 2009
Series E
-

These are all the companies that Nokia has invested in. Nokia has invested 25 companies and its latest investment was Elenion Technologies, LLC in Feb 2020. Elenion designs and develops silicon photonics integrated System-on-Chip optical engines for telecom, data center, and networking applications.

Nokia News

June 5, 2020SiliconRepublic

Nokia reveals liquid-cooled 5G stations that cut their CO2 emissions by 80pc

This week in future tech, Nokia is hoping to make 5G base stations significantly more environmentally... See more »
June 5, 2020XDA Developers

HMD Global's Nokia 4.2 and Nokia 3.2 can now be bootloader unlocked without disassembly

The Nokia 3.2 and the Nokia 4.2 were announced back at MWC in February 2019. Like most other devices ... See more »
June 5, 2020InvestorPlace

Nokia Is a Cynical Beneficiary of the Trump Administration

InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor years, Nokia stock has been a frust... See more »
June 5, 2020Yuga Tech

Nokia C2 gets a discounted price on Shopee 6.6. Super Flash Sale

HMD Global cuts off the price of its entry-level smartphone, the Nokia C2, on its Shopee 6.6. Super F... See more »
June 5, 2020PhoneWorld Magazine

Nokia Releases a 43-inch 4K Smart TV in a Budget Price

Copyright protected content copied from PhoneWorld website.The Nokia Smart TV 2020 encompasses a 43-i... See more »
June 5, 2020NDTV

Nokia 2 V Tella With MediaTek Helio A22 SoC, 2GB RAM Spotted on Geekbench

Nokia brand licensee, HMD Global appears to be working on a new smartphone, Nokia 2 V Tella. The deve... See more »
June 4, 2020TechnoBugg

Nokia Smart TV With 43 Inch 4K Display

Key Points: It runs on Android TV. The TV features HDR10 and MEMC technology. Nokia will sell the tel... See more »

Nokia Blogs

November 4, 2015NOKIA BLOG

Kiinnostaako notkea kumppani?

Miltä kuulostaa kumppani, joka taipuu uskomattomiltakin vaikuttaviin asentoihin ja on...The post Kiin... See more »
November 3, 2015NOKIA BLOG

10 syytä päivittää Windows 10, osa 10: Uudet tulevat päivitykset

Tämä on viimeinen osa juttusarjasta, jossa on esitelty kymmenen hyvää syytä...The post 10 syytä päivi... See more »
November 2, 2015NOKIA BLOG

Neuvo suomalaiskouluille: Edetkää digitalisoinnissa nopeasti

Lapset pitelevät käsissään päivittäin välineitä, joilla he ovat yhteydessä maailmaan....The post Neuv... See more »
October 30, 2015NOKIA BLOG

Koe nämä kolme asiaa DigiExpossa

Viihde-elektroniikkatapahtuma DigiExpo alkoi perjantaina Helsingin Messukeskuksessa. Kävimme paikan p... See more »
October 29, 2015NOKIA BLOG

Ennenaikainen joulu uusien lippulaiva-Lumioiden ostajille!

Kuten jo viime viikolla Ääni-blogissa kerroimme, tämän kuun alussa julkaistut...The post Ennenaikaine... See more »
October 28, 2015NOKIA BLOG

Mikä kone jaksaa kyntää 12 tuntia putkeen?

Harva kone jaksaa painaa täysillä puolta vuorokautta yhteen putkeen. Tämän...The post Mikä kone jaksa... See more »
October 26, 2015NOKIA BLOG

Suomalaispelaajan tähtäimessä hurja Halo-ennätys

"Yritin käydä välillä nukkumassa, mutta eihän siitä mitään tullut. Otin...The post Suomalaispelaajan ... See more »

Nokia Press Releases

August 22, 2019Dubai PR Network

Get HD voice calls on 4G with Nokia 220 4G

A classic Nokia feature phone, now with readiness for 4G VoLTE HD voice calling, web browsing and all... See more »
August 14, 2019PR Newswire Asia

MediaTek and T-Mobile Complete World's First Multi-vendor 5G NR Standalone Data Call

Deployment test signifies new milestone in standalone 5G technologyHSINCHU, Taiwan, Aug. 14, 2019 /PR... See more »
July 30, 2019Dubai PR Network

The all new Nokia 105 - with a battery that lasts and all your everyday essentials at an unbeatable value

4th generation Nokia 105 brings a modern design and functionality to the popular model Dubai, United ... See more »
June 7, 2019StreetInsider

HMD Global Announces Strategic Carrier Agreement with AT&T Prepaid Portfolio

HMD Global, the home of Nokia phones, today announced a new carrier expansion agreement with the AT&T... See more »
May 15, 2019Business Wire

Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Nokia Corporation To Contact The Firm

NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities law firm, reminds inve... See more »
April 18, 2019GlobeNewswire

Nokia julkistaa uutta taloudellista raportointirakennettaan vastaavat uudelleenryhmitellyt segmenttikohtaiset taloudelliset vertailuluvut ja lisätiedot vuodelta 2018

Nokia OyjPörssitiedote18.4.2019 klo 9.00... See more »
April 12, 2019centralcharts

Update on the Possible Aquisition of Alcatel Submarine Networks

PARIS, April 12, 2019 /PRNewswire/ -- Following press reports, Ekinops (Euronext Paris: EKI) (ISIN: F... See more »

Nokia Videos

November 25, 2019Nokia Youtube Channel

"Nokia Facebooklive: innovation" on YOUTUBE

See more »
March 29, 2019Nokia Youtube Channel

"Nokia Employee Vlog: Talita" on YOUTUBE

See more »
March 25, 2019Nokia Youtube Channel

"Laurent Le Gourrierec introduces Converge 2018 event at Nokia" on YOUTUBE

See more »
March 25, 2019Nokia Youtube Channel

"Converge 2018 Ram Kulkarni, Infosys, interview video by Nokia" on YOUTUBE

See more »
March 19, 2019Nokia Youtube Channel

"Opportunities for some of the brightest IT talents" on YOUTUBE

See more »
March 14, 2019Nokia Youtube Channel

"Analytics for Utility Assets & Operations" on YOUTUBE

See more »
March 11, 2019Nokia Youtube Channel

"Empowering the citizens of Chattanooga" on YOUTUBE

See more »

Social Statistics

Headquarters

Karakaari 7

Espoo, Southern Finland02610

358-10-44-88-000

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Nokia is a communications and information technology firm that provides mobile telephony, IoT and digital health services. Nokia was founded in 1865. Nokia's headquarters is located in Espoo, Southern Finland, FI 02610. It has raised 581.0M in 1 round...

CEO

Nokia's President & CEO, Rajeev Suri, currently has an approval rating of 67%. Nokia's primary competitors are Huawei, Ericsson & ZTE.

Website

nokia.com

Frequently Asked Questions about Nokia

  1. When was Nokia founded?

    Nokia was founded in 1865

  2. Who is Nokia's CEO?

    Nokia's CEO is Rajeev Suri

  3. How much revenue does Nokia generate?

    Nokia generates $25.9B in revenue

  4. How much funding does Nokia have?

    Nokia has historically raised $581M in funding

  5. Where is Nokia's headquarters?

    Nokia's headquarters is in Espoo Southern Finland, FI

  1. How many employees does Nokia have?

    Nokia has 101,000 employees

  2. What sector does Nokia operate in?

    Nokia is in Computers, Peripherals, Networking and Electronic Equipment, Telecommunications Equipment

  3. Who are Nokia's competitors?

    Nokia's top competitors are Huawei, Ericsson, ZTE

  4. Who has Nokia invested in?

    Nokia's has invested in companies such as Team8, Cloudmark, Obopay
Stay up-to-date with the latest news on Nokia