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Nokia to replace CEO in September

2020-03-02 01:00:00| Total Telecom industry news

After a surprise profit warning in October, Nokia has recently been forced to concede that it has lost ground to its key competitors, Huawei and Ericsson, in the battle for 5G dominance.    Even the US sanctions placed on Huawei, which should have been a boon for European vendors like Nokia…read more on TotalTele.com »

Tags: september replace nokia ceo

 

Nokia looking at strategic options amid pressure on results - report

2020-02-27 09:08:00| Telecompaper Headlines

(Telecompaper) Nokia is exploring strategic options, including possible asset sales or mergers, as fierce competition weighs on its results, people familiar with the company's plans told Bloomberg. The company has hired advisers to weigh its options, which could also include shifting investments or balance-sheet adjustments. 

Tags: results report options pressure

 
 

Nokia mulls asset sale or merger

2020-02-27 01:00:00| Total Telecom industry news

2019 was a difficult year for Nokia, with the company struggling to keep the pace of its rivals Ericsson and Huawei.    In October, the company decreased its earnings forecast and halted its dividend, blaming its fall in profitability on its choice of expensive 5G components…read more on TotalTele.com »

Tags: sale nokia asset merger

 

Nokia tests 5G network slicing system with A1, Telia, plans summer launch

2020-02-26 10:21:00| Telecompaper Headlines

(Telecompaper) Nokia announced the launch of new end-to-end slicing network functionality for 4G and 5G New Radio systems, saying it's the first vendor to offer this capability. The new system to support connectivity from 4G and 5G devices over the sliced network to applications running in private and public clouds will be available this summer. Nokia is already testing the services with the operators A1 and Telia.

Tags: system network plans summer

 

Samsung joins Nokia and Ericsson for US Cellular 5G

2020-02-24 01:00:00| Total Telecom industry news

With the merger of Sprint and T-Mobile now seemingly going ahead, US Cellular is set to become the nation’s fourth largest operator. However, the difference in scale between the companies remains enormous, with US Cellular struggling to keep the pace with 5G…read more on TotalTele.com »

Tags: us samsung nokia ericsson

 

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