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Nokia CEO Pekka Lundmark on 5G, Defense and Data Centers

Pekka Lundmark is seeking to keep Nokia Oyj on track after the Finnish company lost a $14 billion contract with AT&T Inc. to competitor Ericsson AB, meaning Nokia’s communications equipment will get removed from one of the largest US networks.As chief executive officer since 2020, the 60-year-old is well-acquainted with the company being misunderstood, as many conversations with everyday people involve explaining that Nokia no longer makes mobile phones after it lost its once-commanding lead fol...

Read more at bloomberg.com

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