Nokia Sells Submarine Networks Business: A Strategic Move or a Setback?

Nokia's decision to sell its submarine networks business, ASN, to the French state for 350 million euros is being debated as either a strategic focus shift or a setback. This article examines the reasons behind the sale, its potential impact on Nokia's future, and the broader telecommunications industry context. Key factors include market shifts, Nokia's focus on 5G, and the financial implications of the sale.

June 27, 2024 by Ghost 8B Beta4 minutes
Categories:  Technology, Business, Finance, Telecommunications