Nokia Reorganizes Its Operational Structure into Two Segments
Effective from January 1, 2026, Nokia has implemented a reorganization of its operational and reporting structure, announced in November 2025. This new organization, based on two main business segments, aims to better meet customer needs and accelerate innovation amid high demand for advanced connectivity.
Details of the New Operational Segments
The reorganization creates two main operating segments. The Network Infrastructure segment is positioned as a growth segment, aimed at capitalizing on the global development of data centers and artificial intelligence, while continuing innovation for its telecommunications client base. It includes three business units: Optical Networks, IP Networks, and Fixed Networks, all under the leadership of David Heard. The Mobile Infrastructure segment encompasses the Core Networks portfolio, the Radio Networks portfolio, and Technology Standards (formerly Nokia Technologies). It is positioned to ensure technological leadership and services for core and radio networks, and to drive the industry towards AI-native networks and 6G. This segment includes three business units: Core Software, Radio Networks, and Technology Standards, and is led by Justin Hotard on an interim basis.
Introduction of a Separate Portfolio Businesses Segment
Nokia has created a distinct segment called Portfolio Businesses to group several units not considered strategic for the company's future: Fixed Wireless Access CPE, Site Implementation and Outside Plant, Enterprise Campus Edge, and Microwave Radio. These units are currently being evaluated for the best value creation opportunities. Starting from the financial results of the first quarter of 2026, Nokia will report its segment information according to the new organizational structure, also providing revenue information for the Network Infrastructure and Mobile Infrastructure business units, as well as segment-level data for Group Common and Other.