Finnish telecom equipment supplier Nokia on Thursday reported a 27% drop in fourth-quarter operating profit, hurt by lower demand for 5G ge...

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...

India has achieved remarkable progress in the roll-out of 5G networks, making it one of the top three countries with the largest 5G install...

The company, which is competing with Swedish rival Ericsson and China's Huawei in the global rollout of 5G equipment, said the deployment i...

Nokia Corporation president and chief executive, Pekka Lundmark said that India is now the second largest market for the global telecom equ...

In 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...

The 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 ...

Nokia president Pekka Lundmark said the 5G Radio Access Network (RAN) deal with Jio presents a significant volume opportunity in India, des...

The Indian telecom operator Reliance Jio has awarded the Finnish company Nokia a multi-year contract to develop one of the biggest 5G netwo...

The Finnish telecom gear giant is one of the technology partners working with service carriers worldwide. It has partnered with Bharti Airt...

The company based in Espoo, Finland, reported net profit of 375 million euros (USD454 million) for the January-March period, up from 33 mil...

The company said in a statement it expects about 600 million euros ($715 million) to 700 million euros of restructuring and associated char...

While both Nokia and rival Ericsson have been gaining 5G customers that might otherwise have gone to China's Huawei, Ericsson has fared bet...

It pledged to invest more in those networks and said it would revamp business strategy under its new CEO.

Lundmark, who will succeed Rajeev Suri as Nokia chief executive in September, will team up with Sari Baldauf, the incoming chairman, in a m...

Nokia’s Board of Directors has conducted a structured process for CEO succession and has been working closely with Suri to develop internal...

India's incredible appetite for infrastructure investments has lured Finland's Konecranes to this Euro 120 million crane market, with the a...