Nokia joins Ericsson in seeing signs of recovery after mixed results
STOCKHOLM, Oct 17 (Reuters) - Finnish telecom equipment supplier Nokia (NOKIA.HE) on Thursday reported a 9% rise in third-quarter operating profit on cost cuts, and echoed rival Ericsson...
Ericsson, Nokia, Vodafone in European competitiveness call
Sep 3, 2024 · Powerhouse Europe-based telecoms leaders - Ericsson, Nokia, and Vodafone - have joined forces to warn of the consequences for European digital competitiveness if recent political and policy discussion momentum is not followed by timely concrete actions.
Nokia signs fibre deal with AT&T after losing network contract to Ericsson
Sep 3, 2024 · The deal comes after Nokia lost a major deal with AT&T to its Swedish rival Ericsson (ERICb.ST), which the U.S. operator chose in December to build a telecoms network that will cover 70% of its...
Nokia CEO speaks out on AT&T's 'one vendor' move to Ericsson
Dec 12, 2023 · Earl Lum, the analyst at EJL Wireless Research who first said Nokia was due to be replaced in AT&T's network, now believes Ericsson is heavily financing the move.
Nokia, Ericsson slump as patent fights hit margins | Reuters
Oct 20, 2022 · Telecom equipment makers Nokia and Ericsson were among the worst performers in Europe on Thursday, bruised by ongoing patent battles which cut profit margins and offset strong demand for 5G...
Nokia/Ericsson: telecoms penury leaves Finn pickings for investors
Oct 19, 2023 · Makers of telecoms network equipment are having a dreadful time. Nokia’s third-quarter sales fell by 20 per cent before currency impacts, and the Finnish group announced up to 14000 job cuts.
Ericsson up 9% on AT&T network deal as Nokia plunges to three …
Dec 5, 2023 · Nokia plunged to a three-year low after losing out to rival Ericsson on a major contract with telecom juggernaut AT&T over the rollout of an open-radio access network (Open RAN) in the U.S....
Ericsson boosted by $14bn ‘open RAN’ deal with AT&T - Financial Times
Dec 5, 2023 · Ericsson has scored a significant victory over rival Nokia after US giant AT&T selected the Swedish group for the rollout of a new kind of 5G network, in a deal that will shake up the equipment...
AT&T Snubs Nokia and Strikes $14 Billion Supplier Deal With Ericsson
Dec 5, 2023 · AT&T T 0.55% struck a deal with Ericsson ERIC.B 1.74% to buy up to $14 billion of its hardware and services after the Swedish equipment supplier pledged to open up its software to competing...
AT&T CEO Explains Nokia Snub in $14 Billion Network Deal With Ericsson
Dec 6, 2023 · On Monday (Dec. 4), AT&T (T) announced its decision to award Swedish telecommunication company Ericsson a $14 billion contract to develop its open radio access network (RAN) infrastructure. The...