Wireless and fixed-network equipment maker Nokia on Thursday reported third-quarter profit above analyst expectations on increasing sales of 5G technology and trimmed costs, but the company warned that the global shortage of semiconductors made the market outlook foggy and could hamper growth. The Espoo, Finland-based company reported net profit of 463 million euros ($537 million) […]
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Finnish vendor Nokia and Indonesia’s operator Indosat Ooredoo jointly announced on Friday the initial release of commercial 5G services in the Indonesian city of Surabaya, with prospective future data center initiatives could be in the making for the metropolis city. Under operating conditions terms, Indosat Ooredoo’s userbase will be granted a variety of advanced enterprise […]
Mobile network operator (MNO) US Cellular will introduce its personal 5G standalone SA core network by the end of 2022 after selecting Finland telecom vendor Nokia as its accomplice to deliver the necessary equipment and services in its future 5G technology. US Cellular’s standalone future stands on the line as Nokia announced last week its […]
A1 Telekom Austria Group granted on Monday to Scandinavian network equipment suppliers Nokia and Ericsson 5G contacts in Bulgaria, Croatia, Serbia, and Slovenia. This step follows the group’s purchase of a new 5G spectrum worth $16.59 million for its Croatian subsidiary A1 Croatia earlier last week. As for the geographical distribution between the two chosen […]
U.K. operator group Vodafone and Finnish kit vendor Nokia have partnered up to jointly develop an AI solution on Google Cloud to detect and remediate network anomalies before they impact customers. The new machine learning (ML) system was co-developed based on Nokia’s Bell Labs algorithm and the anomaly detection service product that runs on Google Cloud and is already being rolled out across Vodafone’s pan-European network. In a joint statement, the partners explained that […]
Finland-based telecoms vendor Nokia announced it has been selected by DITO Telecommunity Corporation (DITO), to deploy 5G services on the island of Mindanao in the Philippines. The deployment will enable DITO to complete its ambitious strategy of building a high-quality 5G network throughout the country, which formally launched in May 2021. With this deal, Nokia […]
Finnish telecoms equipment vendor Nokia reported on Thursday a better-than-expected Q1 financial report, with revenue and profit bolstered by a growth in 5G equipment sales. According to the earnings report, quarterly revenues spiked at three percent to 5.08 billion euros ($6.16 billion), beating a consensus figure of 4.72 billion. “We expect our typical quarterly earnings […]
Wireless network maker Nokia says it is planning to cut up to 10,000 jobs, or over 10% of its staff, to reduce costs as it invests in research and development and tries to cement its role as a key supplier of 5G technology. The restructuring means the number of staff is expected to fall to […]
Finnish telecom equipment maker Nokia announced on Thursday that it has been selected by A1 Austria to provide comprehensive 5G coverage across the country in a multi-year contract. The deal – which will push A1 Austria to become a local market leader – will see Nokia supply 5G radio access and core network services. The […]
Finnish telecom equipment maker Nokia warned on Thursday of multiple challenges throughout 2021, as the company attempts to close the gap with its rivals, despite a strong finish in 2020. While Huawei’s fall from grace in several fifth-generation markets has translated into good news for Nokia and its rival Ericsson, the Swedish company has made […]