Nokia founds subsidiary to work with US government
Nokia has unveiled its dedicated subsidiary, Nokia Federal Solutions (NFS), with a singular mission: to provide innovative technologies to the U.S. federal government. Leading the charge as President of Nokia Federal Solutions is Mike Loomis.
Leveraging Nokia’s extensive global expertise and technology portfolio, NFS will draw upon the resources of Nokia Bell Labs. The product lineup encompasses IP Routing, Optical Networking, Microwave, 5G, Private Wireless, and Tactical Private Wireless.
This news is certainly good for Nokia after losing the contract with AT&T. Moreover, it has positively reflected on the stock price, which has slightly increased today.
