Having completed the sale of its mobile device business to Microsoft in April 2014, Nokia is now primarily a network communications equipment provider. The company has realigned its operating model to four main divisions: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies.
Where is Nokia Oyj based?
The company was founded by Fredrik Idestam in 1865 and is headquartered in Espoo, Finland. The Fool has written over 1,400 articles on Nokia Oyj. The company's board of directors has authorized the company to spend over $650 million buying back its own shares.
How long should you hold a Nokia Oyj stock?
The Motley Fool Investing Philosophy: We generally recommend investors buy shares of at least 25 stocks and hold them for at least 5 years. Learn More Nokia Oyj engages in the provision of network infrastructure, technology, and software services.
