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Tag: nokia
Nokia improves FY margin target, Q3 sales down 2%
2015-10-29 08:54:00| Telecompaper Headlines
(Telecompaper) Nokia reported third-quarter sales down 2 percent year-on-year to EUR 3.04 billion. Excluding currency effects, sales fell 10 percent. Adjusted earnings declined 11 percent to EUR 0.08 per share, and reported earnings dropped to EUR 0.05 from EUR 0.57 per share a year ago when the company booked a deferred tax asset. Adjusted operating profit was still 4 percent higher at EUR 475 million, due largely to savings at group level. Nokia Networks recorded sales down 2 percent to EUR 2.88 billion, and adjusted operating profit fell 2 percent to EUR 391 million. Despite the weaker result, Nokia said it still expects sales growth at the networks business over the full year and to maintain strong profitability. It now expects Networks to achieve the high end of the long-term adjusted operating margin target of 8-11 percent in 2015.
Tags: sales
target
nokia
margin
Nokia raises Networks guidance despite Q3 revenue slip
2015-10-29 01:00:00| Total Telecom industry news
Finnish kit maker announces 7 billion capital restructure; brings forward 900 million synergy target by a year.
Tags: networks
nokia
revenue
guidance
Notice of an Extraordinary General Meeting of Nokia Corporation
2015-10-26 10:15:25| Wireless - Topix.net
Notice is given to the shareholders of Nokia Corporation of an Extraordinary General Meeting to be held on Wednesday, December 2, 2015 at 4:00 p.m. at Helsinki Ice Hall, Nordenskioldinkatu 11-13, Helsinki, Finland.
Tags: general
notice
corporation
meeting
Eurobites: Nokia Gets Nod From China on AlcaLu Deal
2015-10-19 15:26:16| Appliances - Topix.net
Also in today's EMEA regional roundup: Ericsson in IoT tie-up; Orange shells out for Polish spectrum; Tele Columbus launches share issue. Nokia Corp. has received approval from the Chinese Ministry of Commerce for its proposed 15.6 billion takeover of Alcatel-Lucent , a move which the vendor says "completes the material antitrust review process required for the transaction."
China gives conditional approval to Nokia takeover of Alcatel-Lucent
2015-10-19 13:33:14| Telecom - Topix.net
BEIJING: China's Ministry of Commerce said on Monday it has approved telecom equipment maker Nokia's proposed takeover of France's Alcatel-Lucent providing that the Finnish firm can meet certain terms by Dec. 10. Nokia has agreed to meet those conditions, which mainly relate to the use of wireless telecommunication standards and patent licensing, the ministry said. China is the last major jurisdiction still to approve Nokia's 15.6 billion euro takeover of Alcatel.
Tags: china
approval
nokia
conditional
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