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Nokia CEO Suri Sees Mid-Term Opportunities Emerging From Geopolitical Trends
Nokia Q2 Oper Profit (Non-IFRS) At EUR 423 Mln, Above Expectations
Nokia Completes First 5G Standalone Call On Live Network With China Unicom
Nokia Oyj is a Finland-based company engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company's businesses include Nokia Networks and Nokia Technologies. The Company's segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies. The Ultra Broadband Networks segment comprises Mobile Networks and Fixed Networks operating segments. The IP Networks and Applications segment comprises IP/Optical Networks and Applications & Analytics operating segments. The Applications & Analytics operating segment offers software solutions spanning customer experience management, network operations and management, communications and collaboration, policy and charging, as well as Cloud, Internet of things (IoT), security, and analytics platforms that enable digital services providers and enterprises to accelerate and optimize their customer experience. The Company has Comptel Oyj among its subsidiaries.
Pekka Ilmari Lundmark
President, Chief Executive Officer
Sari Maritta Baldauf
Independent Non-Executive Vice Chairman of the Board
Chief Financial Officer, Member of the Group Leadership Team
President, Nokia Enterprise
Chief Human Resource Officer, Member of the Group Leadership Team
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European stocks posted their first monthly decline since a market selloff in March on Friday as growing doubts over a global recovery from the coronavirus crisis overshadowed a batch of strong earnings from technology firms.
Finnish telecom network equipment maker Nokia reported an unexpected rise in second-quarter underlying profit on Friday as it took on less low-margin business particularly in China, sending its shares up 13% in early trade.
European shares were largely flat on Friday after encouraging earnings updates from Nokia, BNP Paribas and others countered concerns about a global economic recovery as coronavirus cases surged globally.
Finnish telecom network equipment maker Nokia reported an unexpected rise in its second-quarter underlying profit on Friday, amid the COVID-19 pandemic as its new chief executive Pekka Lundmark takes over on Saturday.
Nokia rolled out on Tuesday new 5G stand-alone wireless networks for industrial clients and unveiled an order to build one for mining technology firm Sandvik at its site in Tampere, Finland.
China is considering retaliating against telecom gear makers Nokia and Ericsson if the European Union follows the United States and Britain in banning Huawei Technologies from 5G networks, the Wall Street Journal reported, citing people familiar with the matter.
Finnish telecoms equipment maker Nokia launched software on Tuesday that enables mobile operators to upgrade their 4G radio stations to new 5G technology without a site visit or replacing equipment.
Finland's Nokia <NOKIA.HE> launched a set of tools on Thursday for data centre networking, developed in cooperation with Apple Inc <AAPL.O>, to help companies to manage the growth in traffic as 5G and machine learning technologies roll out.
Shares in Nokia <NOKIA.HE> fell up to 8% in Wednesday trade on concerns that the Finnish company was losing the business of its key client Verizon <VZ.N> in the United States.
Finland's Nokia on Tuesday became the first major telecom equipment maker to commit to adding open interfaces in its products that will allow mobile operators to build networks that are not tied to a vendor.
Several hundred workers at French firm Alcatel-Lucent International on Tuesday protested against plans by parent company Nokia Oyj <NOKIA.HE> to cut 1,233 jobs.
Finnish telecoms equipment maker Nokia Oyj said on Monday it has won a 5G contract worth about 400 million euros ($449.48 million) from Taiwan Mobile to build out the telecom operator's next-generation network as the sole supplier.
Telecoms operators in Singapore said they had selected Nokia and Ericsson to build infrastructure for new 5G networks.
* INFOCOMM MEDIA DEVELOPMENT AUTHORITY GRANTED M1 AND STARHUB LTD FINAL 5G NETWORK LICENSE AWARD
Finnish telecoms equipment maker Nokia Oyj plans to cut 1,233 jobs at its French subsidiary Alcatel-Lucent International, equivalent to a third of the unit's workforce, the group said on Monday, confirming an earlier Reuters report.
Finnish telecoms equipment maker Nokia <NOKIA.HE> must "really significantly" reduce its announced job cuts in France, an official at the French finance ministry said on Monday.
Finnish telecoms equipment maker Nokia must "really significantly" reduce its announced job cuts in France, an official at the French finance ministry said on Monday.
Finland's Nokia Oyj plans to cut 1,233 jobs at its French subsidiary Alcatel-Lucent International, equivalent to a third of the local workforce, two union officials said on Monday.
Despite coronavirus lockdowns hitting global supply chains and construction projects, telecommunication firms have continued to contract equipment from Chinese technology giant Huawei [HWT.UL], Finland's Nokia <NOKIA.HE> and Sweden's Ericsson <ERICb.ST> to build fifth-generation...
Finnish telecom equipment maker Nokia <NOKIA.HE> said on Monday that China Unicom had selected it to supply around 10% share of its 5G core network, confirming an earlier statement to Reuters by Nokia CEO Rajeev Suri.
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