Nokia’s new Android smartphone and a cross-licensing deal with Xiaomi are not the only big changes underway at the company. Today the wireless equipment maker said it has changed the way it reports its financial results in order to better reflect changes to its business.
Last March, Nokia separated its former mobile networks business group into two organizations. One is focused on products and solutions and the other on global services. The products and solutions unit retained the mobile networks name. Now Nokia has explained how these business units will report results. The global services unit will report independently, but the mobile networks business results will be combined with those of Nokia’s fixed networks group, a business primarily comprised of assets Nokia acquired when it bought Alcatel-Lucent.
When Nokia releases its quarterly results on July 27, the following separate business units will report.
Ultra broadband networks, comprised of the mobile networks and fixed networks business groups.
The mobile networks business group provides radio networks, converged core networks and advanced mobile networks solutions.
The fixed networks business group
This group provides broadband access, digital home, access management solutions and fixed networks services.
Global services
The global services business group includes company-wide managed services. It does not include the services of fixed networks, IP/optical networks and applications and analytics, all of which reside within the respective business groups. The global services business group provides network planning and optimization, network implementation, system integration, company-wide managed services and care.
IP networks and applications
This group is comprised of the IP/optical networks and applications and analytics business groups. Tihs group provides IP routing, optics and IP/optical networks services. The applications and analytics business group provides intelligent software and services that help service providers build digital businesses including business support systems, operational support systems, service delivery platforms, and network management. This group also includes the assets Nokia acquired through the acquisition of Comptel.
