Nokia announces new reporting structure in Q2

Nokia has changed its financial reporting structure for its Networks business effective Q2, 2017.

As of the second quarter 2017, Nokia’s Networks business is comprised of three reportable segments and five business groups.

Ultra Broadband Networks, comprised of the Mobile Networks and Fixed Networks business groups.

The Mobile Networks business group is comprised of the products and solutions that resided within the previous Mobile Networks business group. As a result of the organization change, services no longer reside under Mobile Networks.

The Mobile Networks business group provides radio networks, converged core networks and advanced mobile networks solutions.

The Fixed Networks business group provides broadband access, digital home, access management solutions and Fixed Networks services.

The Global Services business group is comprised of the services that resided within the previous Mobile Networks business group, including company-wide managed services. Global Services does not include the services of Fixed Networks, IP/Optical Networks and Applications & Analytics, which continue to reside within the respective business groups.

The Global Services business group provides network planning and optimization, network implementation, system integration, company-wide managed services and care.

IP Networks and Applications, comprised of the IP/Optical Networks and Applications & Analytics business groups. The IP/Optical Networks business group provides IP routing, optics and IP/Optical Networks services.

The Applications & Analytics business group provides intelligent software and services that help service providers build strong digital businesses including business support systems, operational support systems, service delivery platforms, network management, emerging businesses, as well as the software and services offerings from the Comptel acquisition.

 

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