Nokia doesn’t make phones anymore. So how does it make billions?
- Posted on May 28, 2026
- By CNBC
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- 1 min read
Nokia doesn’t make phones anymore. So how does it make billions?
Once the world's dominant mobile phone maker, Nokia has rebuilt itself as a behind-the-scenes provider of the infrastructure that powers global connectivity. Today, the Finnish company generates billions in revenue not just from the equipment it sells to telecom operators, but also from a vast portfolio of patents used across the communications industry.
