Nokia has appointed Justin Hotard as its new CEO, succeeding Pekka Lundmark. In an interview with Bloomberg Television, Hotard discussed the company’s plans to win a significant share of the 5G market and capitalize on artificial intelligence (AI) opportunities.
Hotard highlighted Nokia’s focus on AI and data centers, stating that the company aims to leverage these technologies to gain a competitive edge in the 5G space. He emphasized the importance of innovation and adaptability in a rapidly changing technology landscape.
The new CEO also touched upon Nokia’s efforts to expand its presence in emerging markets, where 5G adoption is growing rapidly. Hotard acknowledged that AI will play a crucial role in helping Nokia better understand customer needs and develop more effective solutions.
As the 5G market continues to evolve, Nokia’s commitment to innovation and strategic partnerships is likely to be key factors in the company’s success. With Hotard at the helm, the Finnish telecommunications giant is poised to capitalize on emerging trends and drive growth in the years to come.
Source: https://www.bloomberg.com/news/videos/2025-02-10/incoming-nokia-ceo-hotard-eyes-5g-market-share-and-ai-opportunities