Nokia lowers its profit margin target for 2026

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Finnish telecommunications equipment maker Nokia lowered its 2026 comparable operating margin target to at least %下调至至少13% previously, due to the loss of deals with U.S. carriers.

Despite taking into account the current market conditions, Nokia still sees a path to achieve its previous goals. Previously, AT&T chose Ericsson’s new technology Open Radio Access Network (ORAN), which had an impact on Nokia.

However, Nokia and Deutsche Telekom announced an agreement to use ORAN in Germany, marking Nokia’s re-entry into the German business network.

(Source: Reuters Image source: freepik)

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