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Nokia warns wireless network rollouts not keeping pace with demand
2016-04-14 02:00:00| Total Telecom industry news
Vendor says WiFi, cellular networks able to meet 81% of global demand by 2020.
Tags: network
wireless
keeping
demand
Nokia Co. (NOK) Upgraded to "Buy" at Nordea Markets
2016-04-11 08:20:15| Wireless - Topix.net
Shares of Nokia traded up 4.70% during midday trading on Friday, reaching $6.01. 18,834,659 shares of the company's stock were exchanged.
Tags: buy
markets
nokia
upgraded
Nokia up on strong volume, Nordea upgrade
2016-04-08 21:46:13| Wireless - Topix.net
Nokia is climbing to $6 on volume of 14.9M shares, well above its 30-day average of 11M. Larger rival Ericsson is also up nicely.
Tags: volume
strong
upgrade
nokia
Nokia plans to slash 1,300 jobs in Finland
2016-04-06 14:55:05| Telecom - Topix.net
Nokia is planning to cut about 1,300 jobs in its native Finland following its acquisition of France's Alcatel-Lucent, the telecom network equipment maker said in a statement. Nokia started its global job cutting program on Wednesday as it targets 900 million euros of operating cost synergies from the Alcatel deal by 2018.
Tags: jobs
plans
nokia
finland
Nokia starts consultations on planned job cuts
2016-04-06 13:34:00| Telecompaper Headlines
(Telecompaper) Nokia has started talks with employee representatives on planned job cuts following its merger with Alcatel-Lucent. Expected to take place in the period through 2018, the workforce reduction will contribute to its target of EUR 900 million of operating cost synergies in 2018 from the merger. In addition to reducing overlap between the two companies in areas such as sales, R&D and corporate functions, the restructuring will adapt the organisation "to challenging market conditions and to shift resources to future-oriented technologies such as 5G, the Cloud and the Internet of Things", Nokia said. To start the process, Nokia representatives are meeting 06 April with the company's two European Works Councils.
Tags: job
starts
nokia
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