Huawei Controversy Opens Field for 5G Challengers

With growing pressure to keep China’s Huawei out of 5G network development, it could be time for firms like Japan’s NEC and South Korea’s Samsung to shine. Washington has pushed allies to bar Huawei, a Chinese telecom giant, from building next-generation 5G mobile networks, claiming its equipment can be used to spy for Beijing. Huawei … Read more

Nokia Launches Software Upgrade for Telcos to Move From 4G to 5G

Finnish telecoms equipment maker Nokia launched software on Tuesday that enables mobile operators to upgrade their 4G radio stations to new 5G technology without a site visit or replacing equipment. The Finnish firm hopes the software will help it in its battle against Huawei and Ericsson for next wave of 5G orders as the technology … Read more

Nokia Gives Google Nod for IT Infrastructure

Finnish telecoms equipment maker Nokia on Wednesday unveiled a five-year strategic tie-up with Google for the US giant to run its data centres and servers as well as numerous software applications through the latter’s Google Cloud. The partnership, which comes as 5G services are being rolled out across Europe, is designed to “transform Nokia’s digital … Read more

Nokia Cuts Profit Forecast and Revamps 5G Strategy Under New CEO Pekka Lundmark

Telecom equipment maker Nokia cut its full-year profit and margin forecasts on Thursday, sending its shares tumbling 13 percent as the Finnish company’s new chief executive overhauled its strategy to win the 5G race. Announcing a new strategy under which the company will have four business groups, CEO Pekka Lundmark said Nokia would “do whatever … Read more

Nokia to Cut Up to 10,000 Jobs Over Next Two Years to Trim Costs and Invest in Research

Finnish telecoms group Nokia said on Tuesday it planned to cut up to 10,000 jobs within the next two years to trim costs and invest more in research capabilities, as part of its restructuring plan. After taking over the top job last year, Chief Executive Pekka Lundmark has been making changes in a bid to … Read more

Nokia to Cut Up to 10,000 Jobs Over Next Two Years to Trim Costs and Invest in Research

Finnish telecoms group Nokia said on Tuesday it planned to cut up to 10,000 jobs within the next two years to trim costs and invest more in research capabilities, as part of its restructuring plan. After taking over the top job last year, Chief Executive Pekka Lundmark has been making changes in a bid to … Read more

Nokia Signs Patent License Pact With Samsung for Innovations in Video Standards

Nokia has struck a deal with Samsung to licence patents covering its innovations in video standards, the Finnish telecom company said on Thursday. While the companies did not disclose the financial terms of the agreement, Samsung will make royalty payments to Nokia. Nokia’s patent portfolio is composed of around 20,000 patent families, including over 3,500 … Read more

Nokia Signs Patent License Pact With Samsung for Innovations in Video Standards

Nokia has struck a deal with Samsung to licence patents covering its innovations in video standards, the Finnish telecom company said on Thursday. While the companies did not disclose the financial terms of the agreement, Samsung will make royalty payments to Nokia. Nokia’s patent portfolio is composed of around 20,000 patent families, including over 3,500 … Read more

Nokia Firmly Back in Global 5G Rollout Race After CEO Pekka Lundmark’s Shakeup: An Analysis

Shifting geopolitics and a sharp round of cost cutting have put Nokia firmly back in the global 5G rollout race just a year after CEO Pekka Lundmark took the reins at the Finnish company. Considered a 5G underdog after betting on the wrong type of chips and losing a multi-billion Verizon contract to Samsung, Nokia … Read more

Nokia Firmly Back in Global 5G Rollout Race After CEO Pekka Lundmark’s Shakeup: An Analysis

Shifting geopolitics and a sharp round of cost cutting have put Nokia firmly back in the global 5G rollout race just a year after CEO Pekka Lundmark took the reins at the Finnish company. Considered a 5G underdog after betting on the wrong type of chips and losing a multi-billion Verizon contract to Samsung, Nokia … Read more