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Nokia Q4 operating profit down 27%, beats forecast on margin boostFinnish telecom equipment supplier Nokia on Thursday reported a 27% drop in fourth-quarter operating profit, hurt by lower demand for 5G ge...25 Jan, 2024, 12.16 PM IST- Nokia to cut up to 14,000 jobs after sales drop 20%Nokia plans to cut up to 14,000 jobs as part of a cost-saving initiative after experiencing a 20% drop in third-quarter sales due to slowin...19 Oct, 2023, 11.29 AM IST
- India among top 3 nations with highest 5G base, roll-out remarkable: Nokia CEO Pekka LundmarkIndia has achieved remarkable progress in the roll-out of 5G networks, making it one of the top three countries with the largest 5G install...06 Oct, 2023, 11.04 AM IST
- Telecom equipment maker Nokia's Q2 profit falls as US clients slash spendingThe company, which is competing with Swedish rival Ericsson and China's Huawei in the global rollout of 5G equipment, said the deployment i...20 Jul, 2023, 02.01 PM IST
- India to take lead in building digital infra, say Nokia and Ericsson chiefsNokia Corporation president and chief executive, Pekka Lundmark said that India is now the second largest market for the global telecom equ...15 Mar, 2023, 10.47 PM IST
- Discussed India's strides in building next-gen digital infrastructure: PM on meeting Nokia CEOIn a tweet, Lundmark said it was a privilege to meet Prime Minister Modi and discuss how Nokia is contributing to India's 5G journey and ne...13 Mar, 2023, 10.51 PM IST
- Nokia changes its iconic logo for the first time in 60 years to signal strategy shiftThe new logo comprises five different shapes forming the word NOKIA. The iconic blue color of the old logo has been dropped for a range of ...27 Feb, 2023, 11.54 AM IST
- Nokia's quarterly profit beats expectationsFourth-quarter comparable operating profit rose to 1.15 billion euros ($1.26 billion) from 908 million last year, beating the 924.6 million...26 Jan, 2023, 12.04 PM IST
- Nokia, Ericsson optimistic about India business with 5G networks going liveNokia president Pekka Lundmark said the 5G Radio Access Network (RAN) deal with Jio presents a significant volume opportunity in India, des...24 Oct, 2022, 12.59 AM IST
- Jio awards multi-year 5G development contract to NokiaThe Indian telecom operator Reliance Jio has awarded the Finnish company Nokia a multi-year contract to develop one of the biggest 5G netwo...17 Oct, 2022, 02.57 PM IST
- Nokia to allow employees to work remotely for three days a weekNokia said its employees can choose to work up to three days a week remotely with increased support for flexible working hours from January...22 Jun, 2021, 02.33 PM IST
- Nokia profit soars on buoyant sales for 5G technologyThe company based in Espoo, Finland, reported net profit of 375 million euros (USD454 million) for the January-March period, up from 33 mil...29 Apr, 2021, 04.21 PM IST
- Nokia to cut up to 10,000 jobs to ramp up research and development in 5G raceThe company said in a statement it expects about 600 million euros ($715 million) to 700 million euros of restructuring and associated char...16 Mar, 2021, 05.12 PM IST
- Nokia warns of "challenging" year as it plays catch-upWhile both Nokia and rival Ericsson have been gaining 5G customers that might otherwise have gone to China's Huawei, Ericsson has fared bet...04 Feb, 2021, 08.20 PM IST
- Nokia hires former Ericsson exec to lead new strategyChief Executive Officer Pekka Lundmark announced a new structure for Nokia in October which from Jan. 1 will have 11 members in the leaders...17 Dec, 2020, 02.40 PM IST
- Nokia profit up, new CEO pledges to boost 5G investmentsIt pledged to invest more in those networks and said it would revamp business strategy under its new CEO.29 Oct, 2020, 04.13 PM IST
- Nokia President and CEO Rajeev Suri to step downNokia’s Board of Directors has conducted a structured process for CEO succession and has been working closely with Suri to develop internal...02 Mar, 2020, 12.27 PM IST
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