Rajeev Suri
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Nokia CEO Rajiv Suri sees telecom operators accelerating their 5G rollout timelines by nearly a year
•Suri said he believed Nokia was well positioned for the 5G era, partly thanks to its 2016 acquisition of Alcatel-Lucent that broadened its portfolio.
Nokia reports a sharp drop in quarterly earnings due to shrinking network equipment market
•Nokia’s network sales fell 9 percent in the third quarter to $5.7 billion, while operating profit in the business dropped 23 percent to 334 million.
Nokia is still reviewing its options for the undersea cables unit, says CEO Rajeev Suri
•The unit was bought by Nokia last year as part of its 15.6 billion-euro ($17 billion) acquisition of Franco-American rival Alcatel-Lucent.
Nokia breaks into the router market; launches world's fastest network chip
Fp Archives •Nokia is introducing the 7950 petabit-class router aimed at the core routing market to help it win business from customers such as Apple and Facebook. A petabit can transmit 5,000 two-hour-long high-definition videos every second.
Nokia has outpaced telecom networks equipment maker Ericsson as market recovers
Fp Archives •Finnish telecom networks equipment maker Nokia reported a slowing rate of sales decline on Thursday, saying the global networks market was showing signs of recovery, particularly in North America and India.
Nokia Siemens Networks Acquires Wireless Network Infra Assets Of Motorola
Fp Archives •As per agreement, responsibility for supporting customers of Motorola Solutions products and services transfers to Nokia Siemens Networks.
Nokia expects sales to fall in 2017, but forecasts growth in 2018
Fp Archives •Nokia revealed its outlook on Tuesday at an investor meeting in Barcelona, where it warned markets for networks equipment next year would decline.
Nokia posts a sharp drop in earnings as downturn hits telecom equipment business
Fp Archives •Nokia has succumbed to a downturn in the telecoms equipment business, posting a sharp drop in quarterly earnings and warning that demand for the kit which drives global network traffic would shrink further in the coming year.
Nokia reports Q1 net loss of $583 million, well below expectations
Fp Archives •Nokia reported Tuesday a first-quarter net loss of 513 million euros ($584 million) due to lower demand in mobile networks and a drop in overall revenue despite its acquisition of Alcatel-Lucent. It warned of a further decline in earnings, causing the shares to plunge 7 percent.
Here's why 5G is the next step in the telecom evolution cycle
Pranjal •While 5G is essentially what would follow 4G, there are significant transformations underway in the manner in which the networks are designed and optimised.