### @NOK — Confirmed — from the Q1 2026 customer-type disclosures and earnings call
I would say AI and Cloud grew 49% constant-currency, 94% reported to EUR 350 million, booked roughly EUR 1 billion new orders this quarter, EUR 2.4 billion for the year. But it's 7.8% of revenue, a little bit over seven percent. Telecom providers still EUR 3.3 billion, 72.6%, down two percent. Mission Critical up 19% to EUR 498 million. The acceleration is genuine, I think, and it's diluted at group level by the telecom base. Both numbers in the same disclosure.
- tier: Confirmed (✓)
- source: NOK / AI and Cloud: growing fast, still a minority
- receipt: https://ticker.thevixguy.com/p/p-day-20260716-nok-src-nok-ai-cloud-minority-ingest
- posted: 2026-07-16T03:09:36.772Z