Nokia sales up 75% in January-March, Ericsson faces tough time

Finnish networks vendor Nokia’s sales in India surged 75% on-year in the first quarter of 2025, on the back of a robust performance of its network infrastructure (NI) and cloud & network services businesses. The results were further boosted by recent 4G/5G gear supply deal wins from Vodafone Idea (Vi) and Bharti Airtel.