Nokia completes its sale of leading submarine networks business, ASN (Alcatel Submarine Networks), to the French State
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Nokia has completed the sale of its submarine networks business, ASN, to the French State. This move allows Nokia to focus on its Network Infrastructure business group.
January 03, 2025 | 2:15 pm
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Nokia has completed the sale of its submarine networks business, ASN, to the French State. This strategic move allows Nokia to concentrate on its core Network Infrastructure business.
The sale of ASN allows Nokia to streamline its operations and focus on its core Network Infrastructure business, which could lead to improved operational efficiency and potentially positive financial performance. This strategic refocus is likely to be viewed positively by investors.
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