Top 10 Telecommunication Equipment Companies in the World 2015

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6. Nokia

Nokia was founded in 1865 in the telecommunication equipment industry.

Source: pixbay

It is headquartered in Espoo, Finland. Mr. Rajeev Suri is acting as a CEO for the company. The company has its presence in three segments which are; Networks, HERE and Technologies. The networks segment of Nokia deals with the mobile broadband and global services. The mobile broadband develops software and hardware systems for voice and data communications while the global services unit looks after the network planning and optimization, network implementation as well as systems integration. HERE segment for the company deals with the local commerce and location – based services. The technologies segment deals with the new innovation in the industry. It looks after technology development and also intellectual property rights. With the introduction of smartphone technology, Nokia lost a major market share to smartphone developers like Apple, Samsung etc. Recently, Nokia was in news when it announced that it will acquire Alcatel – Lucent (another telecom equipment company). Nokia has approximately 61,656 employee base across the world.

Sales: $16.9 B

Profits: $4.2 B

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