Nokia added 45 new customers for its private networks products in the fourth quarter of 2022, outrunning its third-quarter total (30 new customers) by 50 percent, and taking its total customer count beyond the 560 mark, the company said. It had closed the third quarter of last year with 515 ‘large customers’ for private networks. The message from the Finnish firm is that, again, private LTE and 5G are making its developing enterprise division a notable growth engine for its wider business. Rival Ericsson also claimed a strong performance from its enterprise division, without putting numbers against it.
