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Nokia is entering 2022 in a bullish mood, increasing its targets, reinstating its dividends, and initiating a share buyback programme after a successful ‘transformational’ year under the leadership of CEO Pekka Lundmark.
The Finnish telecoms equipment manufacturer posted full year had warned investors to expect a transitional year during 2021 as it did “whatever it takes” to win the 5G radio market.
The company is locked in a fiercely contested battle with other Network Equipment Providers (NEPs) such as Ericsson and Huawei. However, the company was surprised by the earlier-than-expected shift to 5G and has struggled with …
