How is the Nokia business doing, any impact of the COVID19 pandemic?

Mohamed A.

Digital Transformation Sales Lead

Hi Sarah, Thanks for the question. Nokia business delivered solid first quarter results see here: (https://www.nokia.com/about-us/news/releases/2020/04/30/nokia-corporation-interim-report-for-q1/).
The ICT sector is one of the least impacted sectors during COVID-19 (compared to other sectors) so far. It's even expected to recover faster post the pandemic as the world is in need to be more connected and a lot of businesses are rethinking of accelerating their digital transformation strategies. There is also foreseen short-term impact due to COVID-19 lock-down on our customers investments, strategies, and mid-term plans.

Friday, May 8, 2020

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