Nokia's renewed focus on sustainability in broadband products is evident through substantial reductions in power consumption and the use of recycled materials, earning them the Red Dot Design Award for packaging. Their North American market for refurbished products has surged by 40 percent year-on-year, while the company has halted a decade-long decline in share prices. With a recent upgrade to a buy rating and an anticipated price target of €6.50, analysts expect Nokia to meet its margin goals for 2022, supported by a new FTTH deal with Wire3.
“Nokia · is committed to making · broadband more sustainable”
“Nokia · reduces · power consumption of broadband”
“Nokia · minimizes · environmental impact of broadband products and their packaging”
“Nokia · follows · Design for Environment principle”
“Nokia · designs products with · high modularity”
“Nokia · uses · recycled content from manufacturing waste”
“Nokia · maximizes · use of 100 percent recyclable packaging materials”
“Nokia · replaced · foam, rubber and plastic wrappings · with organic materials like corrugated cardboard”
“Nokia · received · Red Dot Design Award: Best of the Best · for sustainable packaging solutions”
“Nokia · offers · takeback, refurbishment, and recycle services”
“Nokia · has seen · 40 percent year-on-year growth in North America for refurbished Nokia ONTs since 2018”
“Nokia · closed · trading day · $4.59”