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Nokia Q4 revenues up 9%, underlying profit grows 28%

2015-01-29 08:01:00| Telecompaper Headlines

(Telecompaper) Nokia reported fourth-quarter revenues up 9 percent year-on-year to EUR 3.80 billion. Adjusted operating profit rose 28 percent to EUR 524 million, while EPS was still down 58 percent to EUR 0.08. Nokia reported revenue growth across all three divisions. Nokia Networks sales increased 8 percent to EUR 3.4 billion, led by a strong performance in North America, and licensing revenues were up 23 percent to EUR 149 million, thanks to more income from Microsoft for making Nokia phones. HERE achieved 15 percent annual growth in revenues to EUR 292 million, helped by positive trends in the automotive market. Nokia expects the sales growth to continue in 2015 and also raised its outlook for profitability at HERE. The company increased its annual dividend to EUR 0.14 per share from EUR 0.11 in 2013.

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Nokia Q4 boosted by North America

2015-01-29 01:00:00| Total Telecom industry news

Finnish kit maker's revenue up 9%; operating profit climbs to 454 million.

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SK Telecom, Nokia to jointly develop 5G network technologies

2015-01-23 09:37:00| Telecompaper Headlines

(Telecompaper) South Korean mobile operator SK Telecom has signed a memorandum of understanding with Nokia to jointly develop and verify 5G mobile network technologies. Under the terms of the agreement, SK and Nokia will conduct joint research to develop core 5G network technologies such as the gigabit-level data communications technology and cloud-based virtualized base station technology. SK Telecom and Nokia plan to demonstrate 5G in 2018 and commercialize 5G service in 2020. To this end, they plan to establish a test bed at SK Telecom's Corporate R&D Center located in Bundang, Seoul, to verify and demonstrate 5G technologies.

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SK Telecom, Nokia sign 5G MoU

2015-01-22 01:00:00| Total Telecom industry news

Companies to establish test bed for millimetre wave spectrum at Korean operator's R&D centre.

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Radisys Helps Nokia Enable VoLTE

2015-01-13 15:38:20| Electronics - Topix.net

Radisys Corporation , a market leader enabling wireless infrastructure solutions, today announced a significant Media Resource Function supply agreement with Nokia Networks, the world's specialist in mobile broadband. Nokia Networks has selected Radisys' MRF product family as the media processing foundation for its Voice over LTE and Voice over Wi-Fi solution portfolio for standards-based IP Multimedia Subsystem deployments.

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