Bhaskar gorti nokia phones

For quite some time, Nokia has been pointing out the importance of their independent software business the company has been developing for years in quarterly reports.

Especially now during the times when software and services showed how important they are in keeping the world going, Nokia’s early efforts in recognizing the importance of software in the TelCo space proved to be a great strategic decision.

In an interview with LightReading.com, the President of Nokia’s software business Bhaskar Gorti shared some insights how the unit has been improving and how much potential there is on the telco software market.

Nokia Software unit is generating around 3 billion euro in revenue annually and finished the first quarter of 2020 with a 70 million euro operating profit, compared to a 7 million euro operating loss for the same period of 2019.

Mr.

Gorti mentioned how Nokia’s Software unit spen