Nokia (NOK) Q4 FY25 earnings call

Nokia delivered Q4 FY25 results in line with expectations, driven by robust performance in Network Infrastructure, particularly Optical Networks, fueled by strong AI and cloud customer demand. The company is strategically repositioning for long-term growth, focusing on efficiency and investing in key areas like AI-native networks, while navigating market shifts and integrating recent acquisitions. Management expressed strong support for EU digital policy initiatives, viewing them as critical for European competitiveness.