Nokia aims to accelerate its product roadmaps and cost competitiveness through additional 5G investments. The company has been developing its 5G portfolio, strengthening AirScale and advancing the capabilities of its ReefShark chipset. It currently has 138 commercial 5G deals with communications service providers. The company has a presence in all 5G early adopter markets. Nokia had announced some important changes to its operating model. This was done to better align with the needs of its customers and create shareholder value. However, the company's finances in 2021 are expected to face challenges.