Nokia Went Beyond the Expected Profits in the Q4 of 2019

Updated:2020/2/10 20:03

Nokia’s Q4 financial report of 2019 and the annual financial report released recently show that Nokia’s net sales in the Q4 of 2019 is 6.903 billion euros, which is basically the same as the result of the same period last year that is 6.869 billion euros. In 2019, Nokia’s annual net profit is 23.315 billion euros; in the last year, it was 22.563 billion euros.

Up to Feb. 6th, Nokia has signed 66 contracts for 5G network construction around the world. 19 Nokia facilities-based 5G networks have come into commercial service. These 66 contracts cover the most important markets and full frequency band. Moreover, these contracts do not include other types of protocols of 5G.

It is worth mentioning that Nokia is the only network provider which signs contract for the commercial use of 5G network with all four national operators in the U.S., three national operators in Korea and three national operators in Japan.

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