Nokia(NOK) - 2024 Q2 - Earnings Call Transcript

Fixed networks continues to be well positioned to benefit from strong demand in the fiber market. This is evident in markets where fiber is not yet highly penetrated and in more mature markets where customers are starting to upgrade to XGS-PON or 25G PON. Elsewhere, government funding projects are expected to start towards the end of this year and Nokia was the first vendor to announce the availability of Buy America compliant products. Given these dynamics and opportunities, we target mid-single-digit grow ...