Finnish Telecom Company

Jio has selected Nokia as a major supplier, according to the Finnish telecom equipment maker. The company will provide Jio with 5G radio access network (RAN) equipment in a multi-year deal, ahead of its plans to roll out 5G services to over 420 million users.

Finnish company Nokia on Monday said it has won a multi-year deal from Indian telecom operator Reliance Jio to build one of the largest 5G networks in the world.

Nokia has struck a deal with Samsung to license patents covering its innovations in video standards, the Finnish telecom company said.

Telecom equipment maker Nokia is overhauling its strategy to win the 5G race. The Finnish company helmed by a new CEO also cut its full-year profit and margin forecasts on Thursday, sending its shares tumbling 13 percent.

Nokia has been selected by NASA to build the first cellular network on the moon, the Finnish company said on Monday, as the US space agency plans for a future where humans return there and establish lunar settlements.

Nokia has clinched a deal with Britain's biggest mobile operator BT to supply 5G radio equipment, the Finnish company said on Tuesday, in one of the first major wins under new CEO Pekka Lundmark.

Nokia's new chief executive Pekka Lundmark said he will take time to re-acquaint himself with the Finnish telecom equipment maker before setting a strategy, as the company jostles for position in the highly political 5G race.

Finnish telecom equipment maker Nokia is seeing a pick up in orders as its broadband clients race to upgrade networks to meet higher user demand during the COVID-19 pandemic, a company executive said.

The Finnish company, battling with China's Huawei and Sweden's Ericsson, is trying to strengthen its 5G slate and looking especially to deployment by U.S. telecom companies for growth.

Finnish telecoms equipment maker Nokia has suspended legal action against German carmaker Daimler in the hope that mediation will resolve their dispute over technology licensing fees.

Nokia counts Sweden's Ericsson and China's Huawei as its main rivals, and some analysts say the Finnish company may benefit from challenges faced by the latter.

The Finnish company, which listed its shares on the stock market in Helsinki last year, reported third-quarter adjusted operating profit of 10.4 million euros ($11.8 million), up from 4.0 million euros a year ago.

The Swedish company faces tough competition from Finnish network equipment maker Nokia and Franco-American Alcatel-Lucent.

Shareholders in Finnish telecom group Nokia approved the company's acquisition of French-American rival Alcatel-Lucent at an extraordinary general meeting in Helsinki on Wednesday.

CEO Rajeev Suri said the Finnish company was making rapid progress towards closing the acquisition.

Jio has selected Nokia as a major supplier, according to the Finnish telecom equipment maker. The company will provide Jio with 5G radio access network (RAN) equipment in a multi-year deal, ahead of its plans to roll out 5G services to over 420 million users.

Finnish company Nokia on Monday said it has won a multi-year deal from Indian telecom operator Reliance Jio to build one of the largest 5G networks in the world.

Nokia has struck a deal with Samsung to license patents covering its innovations in video standards, the Finnish telecom company said.

Telecom equipment maker Nokia is overhauling its strategy to win the 5G race. The Finnish company helmed by a new CEO also cut its full-year profit and margin forecasts on Thursday, sending its shares tumbling 13 percent.

Nokia has been selected by NASA to build the first cellular network on the moon, the Finnish company said on Monday, as the US space agency plans for a future where humans return there and establish lunar settlements.

Nokia has clinched a deal with Britain's biggest mobile operator BT to supply 5G radio equipment, the Finnish company said on Tuesday, in one of the first major wins under new CEO Pekka Lundmark.

Nokia's new chief executive Pekka Lundmark said he will take time to re-acquaint himself with the Finnish telecom equipment maker before setting a strategy, as the company jostles for position in the highly political 5G race.

Finnish telecom equipment maker Nokia is seeing a pick up in orders as its broadband clients race to upgrade networks to meet higher user demand during the COVID-19 pandemic, a company executive said.

The Finnish company, battling with China's Huawei and Sweden's Ericsson, is trying to strengthen its 5G slate and looking especially to deployment by U.S. telecom companies for growth.

Finnish telecoms equipment maker Nokia has suspended legal action against German carmaker Daimler in the hope that mediation will resolve their dispute over technology licensing fees.

Nokia counts Sweden's Ericsson and China's Huawei as its main rivals, and some analysts say the Finnish company may benefit from challenges faced by the latter.

The Finnish company, which listed its shares on the stock market in Helsinki last year, reported third-quarter adjusted operating profit of 10.4 million euros ($11.8 million), up from 4.0 million euros a year ago.

The Swedish company faces tough competition from Finnish network equipment maker Nokia and Franco-American Alcatel-Lucent.

Shareholders in Finnish telecom group Nokia approved the company's acquisition of French-American rival Alcatel-Lucent at an extraordinary general meeting in Helsinki on Wednesday.

CEO Rajeev Suri said the Finnish company was making rapid progress towards closing the acquisition.