Through its subsidiary Nokia Networks — jointly operated with Siemens — Nokia is also a major player in the data networking services and telecommunications equipment market. As of 2017, Networks and Mobile (Ultra broadband), both under the Nokia Networks umbrella, are the two most profitable business segments of Nokia. The company was also involved in cloud computing and mapping applications. In 2008, Nokia purchased Here, a company that focuses on mapping data, technologies and services based on cloud-computing. In 2015, Nokia sold Here to Audi, BMW and Daimler. In 2016, Nokia purchased a majority stake in French telecommunications equipment company Alcatel-Lucent.
As of 2018, Nokia is one of the leading telecom infrastructure companies. Nokia’s main competitors in this market are Huawei, Cisco, Ericsson and Qualcomm. Huawei and Ericsson are also Nokia’s main competitors in the service provider network market. As of 2017, Nokia’s share of the market was 18.3 percent. Nokia is also a major player in the IT network market as well as in the global VoIP and IMS equipment market. Europe is Nokia’s most important regional market followed by North America and the Asia Pacific region.