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Nokia, India
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
Nokia Sales Fall On India Slowdown
Helsinki: Finnish telecoms equipment maker nokia on Thursday reported a 32-percent rise in net profit for the third quarter but sales dropped due to a slowdown in India. Nokia announced sales of 4.3 billion euros ($4.7 billion), down eight percent compared to a year ago and lower than forecast by analysts surveyed by Bloomberg.
Nokia reports 22% increase in Q3 net profit despite 8% sales decline
Nokia reported a 22% rise in third-quarter net profit to 358 million euros despite an 8% decline in sales due to a weaker market in India. CEO Pekka L
56m
on MSN
Nokia is cutting 2,000 jobs in China, and how this 'Huawei ban' may be the reason
Nokia, aiming to reduce costs amid challenging telecom market conditions, lays off 2,000 employees in Greater China and plans ...
18h
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.
1d
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 ...
The Independent Singapore
5h
Nokia reportedly in talks for a multibillion-dollar 5G contract with Bharti Airtel
India is the world’s second-largest market for smartphones, with companies like Airtel, Reliance's Jio, and Vodafone Idea ...
devdiscourse
14h
Nokia Defies Challenges: Cost-Cutting Boosts Q3 Earnings Amid Sales Slump
Nokia reported a 22% increase in third-quarter net profit, despite suffering an 8% drop in sales primarily due to a weaker ...
22h
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 ...
1d
on MSN
Nokia Sales Miss Estimates as Turnaround Fails to Take Shape
Nokia Oyj sales failed to meet analysts’ estimates in the third quarter, as a recovery takes shape slower than previously ...
1d
Nokia, Ericsson and Samsung set to win fresh 4G, 5G deals worth over $2 billion from Airtel
Airtel’s latest renewal came weeks after Vodafone Idea signed $3.6 billion equipment deals with all three equipment vendors ...
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Bharti Airtel
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