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Nokia, India
Nokia India sales drop 44% in Q3
Nokias India sales declined for the fourth quarter in a row as Reliance Jio and Bharti Airtel scaled back on network capital expenditure. Similarly, Ericsson experienced a 44% drop in sales in the region.
Nokia sees improved Q3 profit but reports 8% sales dip mainly due to weaker India market
Wireless and fixed-network equipment maker Nokia has reported better-than-expected third quarter earnings, mainly on the back of cost cutting measures, but saw its sales dive 8% largely due to a weaker India market.
Ericsson and Nokia face sales decline in India as telecom capex slows
During the July-Sept period, Ericsson's India revenue plunged 68% Y-o-Y, while Nokia's India sales saw a 43 per cent Y-o-Y dip. Both firms supply network solutions to telecom operators in India
3d
Exclusive: Nokia in talks with Bharti Airtel for multi-billion dollar 5G contract, sources say
Finland's Nokia is in talks with Bharti Airtel about securing a multi-billion dollar contract to provide 5G telecom equipment ...
3d
Nokia Q3: Earnings Miss, CEO Cites Telecom Weakness And Anticipates India Demand Rebound
Nokia reported a 7% decline in net sales and missed analyst estimates. Comparable EPS was lower, but net income increased.
2d
Nokia Oyj (NOK) Q3 2024 Earnings Call Highlights: Navigating Growth and Challenges
Despite strong growth in fixed and IP networks, Nokia Oyj (NOK) faces market challenges with declining mobile network sales ...
1d
on MSN
Nokia Layoffs: Tech Giant Likely To Cut Over 2,000 Jobs As Part Of Cost-Cutting Strategy
China, once Nokias second-largest market, has seen a sharp decline in contracts from Chinese telecom operators after Western ...
1d
What's Going On With Nokia Stock On Friday?
Nokia Corp (NYSE: NOK) stock rebounds after disappointing quarterly report, with net sales down 8% to $4.76B. CEO focuses on ...
3d
on MSN
Nokia joins Ericsson in seeing signs of recovery after mixed results
By Supantha Mukherjee STOCKHOLM (Reuters) -Finnish telecom equipment supplier Nokia on Thursday reported a 9% rise in ...
2d
Nokia’s Financial Challenges and Uncertain Outlook Lead to Hold Rating
In a report released today, Sandeep Deshpande from J.P. Morgan maintained a Hold rating on Nokia (0HAF – Research Report), with a price ...
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