As part of its strategy work, Nokia (NOK) has conducted a thorough review of its business portfolio. This process identified several units which despite some compelling growth opportunities, are not seen as core to the future of the company’s strategy. These units will be moved into a dedicated operating segment called Portfolio Businesses while the company assesses the best value creating opportunity for them. Nokia plans to move the following units into Portfolio Businesses: Fixed Wireless Access CPE (currently in Fixed Networks in Network Infrastructure); Site Implementation and Outside Plant (currently in Fixed Networks in Network Infrastructure);Enterprise Campus Edge (currently in Cloud and Network Services); Microwave Radio (currently in Mobile Networks). Nokia targets to conclude on a future direction for each unit during 2026. During this transition Nokia’s priority will be to ensure continuity for customers and employees. During the past twelve months, these units generated net sales of approximately EUR 0.9B with an operating loss of EUR 0.1B.
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