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Nokia plans more cost-cutting as Q3 margins fall

2018-10-25 09:18:00| Telecompaper Headlines

(Telecompaper) Nokia has announced plans for another EUR 700 million in cost reductions, in order to meet its goal of raising the adjusted operating margin to 12-16 percent by 2020. The announcement came alongside third-quarter results showing a 1 percent fall in revenues and a drop in the margin to 8.9 percent. 

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Nokia begins 5G New Radio build in India

2018-10-25 02:00:00| Total Telecom industry news

International kit manufacturer, Nokia, has begun production of 5G New Radio network equipment at its production facility in Chennai, according to a senior company representative…read more on TotalTele.com »

Tags: radio build india begins

 
 

Ekinops confirms talks with Nokia on Alcatel Submarine Networks buy

2018-10-19 02:00:00| Total Telecom industry news

Ekinops on Thursday confirmed that it is holding preliminary talks with Nokia about the possibility of an acquisition of Alcatel Submarine Networks. The French provider of optical transport solutions issued a short statement in response to media speculation on the matter…read more on TotalTele.com »

Tags: buy networks nokia talks

 

Nokia rolls out Brazil smart grid LTE network

2018-10-17 02:00:00| Total Telecom industry news

Elektro has contracted Nokia to roll out a private LTE network to support its power distribution operations in Sao Paolo. The network – which Nokia says is the first of its kind in the country &ndash…read more on TotalTele.com »

Tags: network brazil smart nokia

 

BSNL to deploy Industry 4.0 tech at Nokia factory

2018-10-16 02:00:00| Total Telecom industry news

Nokia and Indian state-run telco BSNL on Tuesday announced they are working together to deploy Industry 4.0 solutions at the vendor's Chennai factory in a bid to improve productivity. Under the deal, Nokia will deploy a micro core network and multi-access edge computing platform connected to BSNL's LTE network…read more on TotalTele.com »

Tags: industry tech nokia factory

 

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