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 India Sales Plummet 44% in Q3
Both European network suppliers recently signed huge contracts totalling over Rs 28,000 crore to supply network equipment to Vi.
Nokia eyes data center market growth as Q3 sales fall
Nokia has identified the data centers as a significant growth market, and its CEO remained bullish about the future despite overall net sales dropping eight percent during the third quarter of this year.
Nokia India net sales fall strongly by 44% in 3Q24 as Jio, Airtel’s 5G deployments slow down
India net sales saw a strong decline, as 5G deployments remained elevated in the year-ago quarter. Elsewhere in APAC, Greater China and Rest of APAC also declined,” Nokia said in its earnings report.
Nokia Sales Fall On India Slowdown
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 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 weake
Nokia Q3 operating profit beats expectation
Finnish telecom equipment supplier Nokia on Thursday reported a 9% rise in third-quarter operating profit, and said many parts of its business are now turning the corner although some continue to experience market weakness.
Nokia Q3 profit rises, sales dip 8% mainly due weaker India market
Wireless and fixed-network equipment maker Nokia on Thursday reported better-than-expected third quarter earnings, mainly on the back of cost-cutting measures, but saw its sales dive 8 per cent largely due to a weaker India market.
Nokia shares fall as Q3 sales miss estimates
Nokia (HE:NOKIA) shares dropped after the company reported third-quarter 2024 earnings that missed analysts' sales expectations by 9%. At 3:56 am (0756 GMT), Nokia was trading 4.4% lower at €3.868. The telecom giant's sales fell
Nokia Reports 9% Increase in Q3 Operating Profit Amid Recovery in Demand
Nokias Financial Performance Overview Finnish telecom equipment supplier Nokia announced a 9% rise in operating profit for the third quarter, signaling a positive shift in demand in several sectors. This follows
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 ...
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 ...
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.
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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 ...
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 ...
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 ...
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 ...