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Nokia improves margins on small drop in Q1 sales, sees Q2 impact from coronavirus
2020-04-30 08:50:00| Telecompaper Headlines
(Telecompaper) Nokia reported improved underlying profits in the first quarter, thanks to its cost reduction efforts and a limited impact from the Covid-19 pandemic. While revenues were down 2 percent to EUR 4.9 billion, adjusted operating profit was a positive EUR 116 million versus a loss of EUR 59 million a year ago. The company said it expects Q2 to show the most impact from the coronavirus crisis and slightly lowered the mid-point of its full-year outlook.
Nokia snags $1bn deal with Bharti Airtel for network capacity boost
2020-04-28 02:00:00| Total Telecom industry news
Nokia has announced it has signed a significant, multi-year contract with Indian operator Bharti Airtel to boost their network capacity. The deal will see Nokia deploy 300,000 new radio units across the country by 2022, focussing on 9 of the 22 ‘circles’ into which the country is divided by India&rsquo…read more on TotalTele.com »
Tags: network
deal
capacity
nokia
Nokia shares jump after report of hostile takeover attempt
2020-04-17 09:34:00| Telecompaper Headlines
(Telecompaper) Nokia declined to comment on a media report saying it was working with an investment bank to defend itself from a hostile takeover, Reuters reports. The company's share price surged over 10 percent following the report from TMT Finance.
Tags: report
jump
attempt
nokia
Nokia China CEO pens open letter to address China Mobile failure
2020-04-07 02:00:00| Total Telecom industry news
China Mobile last week announced its selection of Huawei, ZTE, and Ericsson as its primary partners for the next phase of its 5G rollout, a contract that is worth around $5.2 billion. Despite being a key player in the first phase of the rollout, it seems Nokia did not make the cut for the second stage…read more on TotalTele.com »
Tags: address
open
china
mobile
HMD Global unveils first Nokia 5G smartphone and 3 entry-level handsets
2020-03-20 09:45:00| Telecompaper Headlines
(Telecompaper) Nokia brand licence owner HMD Global has announced the forthcoming launch of its first 5G phone as well as three other more affordable handsets. The Nokia 8.3 is a 5G-enabled smartphone running Android 10 with a Snapdragon 765G processor and a combination of either 6GB RAM/64GB storage or 8GB/128GB. It has a 6.81-inch FHD+ display, 4500mAh battery and a quad-camera Zeiss Optics array on the back, including a main 64-megapixel sensor, 12-megapixel ultrawide camera, 2-megapixel macro camera and a 2-megapixel depth sensor. There's also a 24-megapixel camera on the front.
Tags: global
nokia
smartphone
unveils
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