Nokia

The logo of the Finnish telecoms company Nokia is pictured on its headquarters in Espoo, Finland, on March 16, 2021. - Finnish telecoms equipment maker Nokia said it would slash up to 10,000 jobs over the next two years as part of a 600-million-euro ($715-million) cost-cutting programme. (Photo by Heikki Saukkomaa / Lehtikuva / AFP) / Finland OUT

Nokia sells software units for €185m

As part of its ongoing efforts to restructure its Cloud and Network Services (CNS) division, Nokia has agreed to the sale of its device management and service management platform businesses to Lumine
7 months ago
The logo of the Finnish telecoms company Nokia is pictured on its headquarters in Espoo, Finland, on March 16, 2021. - Finnish telecoms equipment maker Nokia said it would slash up to 10,000 jobs over the next two years as part of a 600-million-euro ($715-million) cost-cutting programme. (Photo by Heikki Saukkomaa / Lehtikuva / AFP) / Finland OUT

Nokia announces new SaaS services

NOKIA has announced two new Software-as-a-Service (SaaS) services in the areas of security and analytics, as part of its strategy to give communication service providers ...
2 years ago
The logo of the Finnish telecoms company Nokia is pictured on its headquarters in Espoo, Finland, on March 16, 2021. - Finnish telecoms equipment maker Nokia said it would slash up to 10,000 jobs over the next two years as part of a 600-million-euro ($715-million) cost-cutting programme. (Photo by Heikki Saukkomaa / Lehtikuva / AFP) / Finland OUT

Nokia battles competition with new device

Mobile phone manufacturer, HMD Global, has unveiled the first ever tablet in the Nokia mobile stable – the Nokia T20.
3 years ago
The logo of the Finnish telecoms company Nokia is pictured on its headquarters in Espoo, Finland, on March 16, 2021. - Finnish telecoms equipment maker Nokia said it would slash up to 10,000 jobs over the next two years as part of a 600-million-euro ($715-million) cost-cutting programme. (Photo by Heikki Saukkomaa / Lehtikuva / AFP) / Finland OUT

Nokia to cut up to 10,000 jobs by 2023

Finnish telecoms equipment maker Nokia announced Tuesday it will slash up to 11 percent of its workforce within two years as the firm looks to cut costs and focus on a few
3 years ago
(FILES) In this file photo taken on February 26, 2019 people visit the Nokia stand at the Mobile World Congress (MWC) in Barcelona. - Shares in Nokia tumbled 20 percent on Thursday, October 24, 2019 after the Finnish telecommunications equipment maker lowered its earnings outlook due to intense competition to build the latest 5G mobile networks. While returning to profit in the third quarter, the company said it was lowering its targets for earnings and margins for this year and 2020 "due to margin pressure, additional 5G investments and additional digitalization investments." (Photo by Josep LAGO / AFP)

Nokia shares plunge on lower earnings forecast

Shares in Nokia tumbled 20 percent on Thursday after the Finnish telecommunications equipment maker cut its earnings forecast in the face of intense competition to build the latest 5G mobile networks.
5 years ago
(FILES) This file photo taken on April 06, 2016 shows the headquarters of the Finnish telecommunication network company, Nokia, in Espoo. Finnish telecom equipment maker Nokia said on MAy 18, 2016 it plans a global comeback into its former goldmine of handsets and tablets, by licensing its brand to a newly-created Finnish company. / AFP PHOTO / Lehtikuva / Antti Aimo-Koivisto

Nokia pledges to support operators explore potentials of 5G in Nigeria

Nokia has reiterated commitment to supporting Mobile Network Operators (MNOs) and enterprises to experience the benefits that 5G technologies provides.
5 years ago
The heradquarters of Finnish telecommunication network company Nokia are pictured in Espoo, Finland on August 4, 2016. Finnish telecom equipment manufacturer Nokia said it aims to accelerate savings after costs of absorbing former French-American rival Alcatel-Lucent pushed it into a second-quarter loss. / AFP PHOTO / Lehtikuva / Irene Stachon / Finland OUT

Nokia widens losses in 2017

Nokia said Thursday that its net loss widened in 2017, but that underlying profits improved, enabling the Finnish mobile phone maker to raise its forecasts for the coming years as operators prepare
6 years ago
Nokian Tyres representatives George Essang (left) and Ismo Sillanpaa, who will be visiting Nigeria for the formal launch of the brand in Lagos.

Nokian targets African market with new tyre technology

Riding on the heels of Eustore247, Nokian Tyres, one of the world’s leading auto-tyres manufacturing companies, will be launching its brand in Nigeria, with a formal launch billed for February 23, at the Oriental Hotel,
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