Strong Growth in Network Infrastructure
Network infrastructure segment showed 11% growth, with optical networks growing 15%, fixed networks 9%, and IP networks 7%.
Cloud and Network Services Expansion
Cloud and Network Services grew 8% with strong demand for 5G core, securing significant wins at AT&T, Boost Mobile, Ooredoo Qatar, and Telefonica.
Positive Free Cash Flow
Generated over EUR 700 million of free cash flow in the quarter, ending with a net cash position of EUR 3 billion.
Infinera Acquisition Value
Infinera acquisition is expected to accelerate product roadmaps and increase access to hyperscale customers, with strong order growth in optical networks.
T-Mobile RAN Agreement Extension
Announced an extension of the RAN agreement with T-Mobile U.S., indicating strong partnership and potential for future growth.