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Nokia And NCTC Partnership Brings Tailored Fiber Solutions To 700 Cable And Broadband Operators
Nokia Security Software Selected By DISH
Nokia And Lenovo Conclude Patent Cross-Licensing Agreement
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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Finland's Nokia has settled a multi-year patent fight with China's Lenovo Group , the world's biggest PC maker, resolving all pending litigation across all jurisdictions, the companies said on Wednesday.
Kenya's biggest telecoms operator Safaricom has started trials for 5G high-speed internet network using technology from Nokia and Huawei, it said.
* Nokia aims to cut 10,000 jobs in next two years (Adds comments from CEO interview, background)
Nokia on Tuesday announced plans to cut up to 10,000 jobs within two years to trim costs and invest more in research capabilities, as the Finnish telecoms group seeks to step up its challenge to Sweden's Ericsson and China's Huawei.
Nokia has struck a deal with Samsung to license patents covering its innovations in video standards, the Finnish telecom company said on Thursday.
British satellite company Inmarsat said on Wednesday it had appointed Rajeev Suri, the former boss of Nokia, to replace Rupert Pearce as chief executive on March 1.
Square Inc-owned Cash App said on Tuesday its clearing broker lifted restrictions on buying stocks of AMC Entertainment and Nokia Oyj's through the mobile payment platform, just hours after placing the temporary curbs. (https://bit.ly/2NVOHLT)
Online trading platform Robinhood said on Tuesday it had raised trading limits on stocks of five companies, including GameStop Corp and AMC Entertainment Holdings Inc.
Cash App's clearing broker has temporarily halted its ability to buy stocks of AMC Entertainment and Nokia Oyj, the unit of Square Inc said in a blogpost on Tuesday. (https://bit.ly/3cD9RJ1) (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Shinjini Ganguli)
Nokia on Thursday partnered with Alphabet's Google Cloud unit to build 5G core network infrastructure and allow business customers to offer services such as smart retail and automated manufacturing.
Telecom Italia has decided to retain Nokia as a supplier and reduce Huawei's share of a planned purchase of equipment for building a 5G network, three sources close to the matter told Reuters, amid pressure to exclude the Chinese firm on security concerns.
* Several senior execs have quit Nokia in management reshuffle (Recasts, adds details)
Nokia on Thursday named Nishant Batra as chief strategy and technology officer and member of its group leadership team, effective Jan. 18.
Telecoms equipment maker Nokia's said it expects operating margins at its mobile networks business will be flat in 2021, it said on Wednesday in an update on strategy to streamline the Finnish company into four business groups.
Telecoms equipment maker Nokia's operating margins at its networks business will be zero in 2021, it said on Wednesday in an update on strategy to streamline the Finnish company into four business groups.
Nokia said on Tuesday mobile operator Proximus Luxembourg has selected the Finnish telecom network equipment company for a seven-year deal to supply 5G coverage nationwide.
Finnish telecoms equipment maker Nokia's president of global services and member of the group's leadership team Sanjay Goel will leave the company, a Nokia spokeswoman told Reuters on Tuesday.
A German court on Thursday referred a dispute over patent licence fees between Nokia , the Finnish telecoms equipment maker, and German carmaker Daimler to the European Court of Justice to seek clarification on the law applying to supply chains.
A German appeals court on Monday lifted the enforcement of an injunction won by Nokia Oyj in a patent dispute with Lenovo Group Ltd to block the world's largest PC maker from selling its products in Europe's largest economy.
* Expects financial performance to stabilise in 2021 (Adds detail, shares, analyst comment)
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.