Nokia increases performance in the broadband division during the pandemic
The pandemic of the new coronavirus boosted the performance of Nokia’s broadband division. The Finnish company has seen an increase in orders from customer units in this sector, with a rush to upgrade its networks to meet increased user demand.
According to Nokia’s president of fixed networks, Sandy Motley, several companies that used HMD Global’s branded technology had plans to expand by 30% to 40% in the coming years.
However, with the evolution of Covid-19, the growth in demand occurred in one go. The executive also points out that operators have also considered launching fiber services more quickly.
Nokia’s networks had a big increase in 2016 when Alcatel-Lucent was purchased. Despite revenue dropping 18% in the first quarter, in the annual comparison, Motley believes that the decline was a consequence of the business cycle.
It is worth remembering that, in the last week, Nokia also announced that its 5G antennas with liquid cooling reduce consumption and emission of carbon dioxide.
What is your assessment of Nokia’s performance in networks in this pandemic? Give us your opinion in the space below.
👇 More in NUpgrade
- PS5! Sony confirms new date for The Future of Gaming event
- Samsung Glass? South Korean may be working on smart glasses with AR
- BlackMagic eGPU Pro for Mac is discontinued after RX Vega 56 support ends
- Motorola announces Moto G Fast and Moto E (2020) with attractive prices
- Galaxy Watch 3 is reiterated by support page on Samsung’s South Korean website
- Motorola RAZR 2 can arrive with 6.7 “screen