Nokia Oyj (NYSE:NOK) provides mobile, fixed and cloud network solutions worldwide, and over the past year has given impressive returns to investors.
Nokia is a leading vendor in the telecommunications equipment industry. The company's network business derives revenue from selling wireless and fixed-line hardware, software and services.
Nokia's technology segment licenses its patent portfolio to handset manufacturers and makes royalties from Nokia-branded cellphones. The company, headquartered in Espoo, Finland, operates on a global scale, with most of its revenue from communication service providers.
Here's how the returns break down from March 2021 to the present:
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